Longchen Paper & Packaging Co. Ltd.

Longchen Paper & Packaging Co. Ltd.

TTWSE:1909
10.05
TWD
+0.05
(+0.50%)
0.22EPS
42.47P/E
12.46BMarket Cap
Nov 06Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
33.76
33.53
31.86
37.4
41.73
45.69
40.49
33.83
44.31
41.31
35.24
36.06
33.94
36.11
Basic EPS, GAAP
1.18
1.07
1.11
2.77
3.47
0.82
0.45
0.77
1.84
-0.71
-0.77
-0.28
-0.39
0.22
Free Cash Flow per Basic Share
-1.31
-0.44
-1.12
-5.86
-8.36
-2.36
0.71
-1.09
0.49
-0.64
-0.05
0.75
0.05
0.73
Dividend per Share
0.38
0.77
0.89
0.96
1.48
1.73
0.5
0.3
0.6
1.2
0.25
- -
- -
- -
Book Value per Share
16.87
17.51
16.96
18.2
24.04
18.25
17.71
19.78
21.28
18.14
16.66
16.14
15.54
15.94
Tangible Book Value per Share
16.78
17.43
16.89
18.13
23.97
18.18
17.66
19.74
21.23
18.1
16.63
16.12
15.48
15.92
Basic Weighted Avg Shares
720
820
842
869
1,119
1,145
1,178
1,230
1,278
1,282
1,326
1,326
1,317
1,317
Sales/Revenue/Turnover
24,307
27,488
26,827
32,512
46,717
52,314
47,715
41,601
56,608
52,968
46,712
47,800
44,708
47,542
Operating Margin (%)
6.81
7.4
7.74
9.05
11.37
5.08
3.7
5.51
7.39
-0.93
0.11
0.5
0.02
0.83
Depreciation Expense
1,181
1,271
1,322
1,508
1,751
2,223
2,413
2,452
2,603
2,803
2,005
2,125
2,131
2,153
Net Income, GAAP
848
874
935
2,407
3,883
935
534
946
2,353
-910
-1,022
-374
-517
296
Effective Tax Rate (%)
30.39
26.71
24.07
22.74
26.11
39.97
- -
16.24
18.12
- -
- -
- -
- -
39.35
Profit Margin (%)
3.49
3.18
3.49
7.4
8.31
1.79
1.12
2.27
4.16
-1.72
-2.19
-0.78
-1.16
0.62
Working Capital
683
467
-4,677
161
-487
-8,450
-9,163
-6,991
-7,021
-5,207
-5,263
-8,104
-7,994
-6,754
LT Debt
14,203
14,416
13,729
20,082
21,032
17,454
18,636
21,996
20,166
25,599
28,756
26,380
26,370
27,516
Total Equity
14,663
15,982
15,544
18,909
28,072
22,048
22,061
25,423
27,353
24,101
22,124
21,440
20,327
20,821
Return on Invested Capital (%)
3.04
3.67
3.74
4.95
6.85
2.49
- -
3.04
5.1
- -
- -
- -
- -
0.34
Return on Capital (%)
3.38
3.61
3.46
6.55
8.27
3.06
- -
3.55
5.36
- -
- -
- -
- -
1.89
Return on Common Equity (%)
7.06
6.12
6.37
14.62
16.9
3.82
2.47
4.02
8.94
-3.54
-4.43
-1.72
-2.48
1.48

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
15,280
16,018
14,256
LT Borrowings
26,326
26,456
27,478
LT Finance Leases
44
45
38
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,306
1,304
1,304
Market Capitalization
12,875
14,023
12,457

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
13,704
14,658
14,168
Cash, Cash Equivalents & STI
1,280
2,320
1,333
Accounts Receivable, Net
5,897
5,451
6,690
Inventories
3,946
3,858
3,282
Total Current Liabilities
21,698
22,767
20,922
Payables & Accruals
- -
- -
- -
ST Debt
15,280
16,018
14,256
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.32%
-4.16%
-5.19%
Free Cash Flow
-205.88%
-423.97%
-93.41%
Net Income, GAAP
17.43%
-0.55%
38.31%
Sales/Revenue/Turnover
6.9%
2.74%
-6.47%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
10,736
12,603
11,751
12,710
47,800
2025
10,223
11,191
11,263
12,031
44,708
2026
10,760
13,487
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.1
-0.2
-0.18
-0.28
2025
-0.1
-0.33
-0.11
0.15
-0.39
2026
-0.02
0.21
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Ying Pin Cheng
Full Time Employees
1,042
Sector
Process industries
Industry
Pulp & paper
Address
No. 337, Fuxing North Road Changhua Taiwan 10544
IPO Date
Nov 19, 1985
Business
Longchen Paper & Packaging Co., Ltd. (1909.TW) manufactures and sells paper products and packaging solutions, specializing in low-carbon papermaking from recycled wastepaper and eco-friendly packaging for diverse industries including information technology, textiles, food, agriculture, mechanical hardware, and online shopping. The company produces containerboard, corrugated board, corrugated boxes, printing and writing paper, paperboard, recycled container board, corrugated medium paper, linerboard, fluting, and pulp from recovered paper; it also provides printing, processing, and trading of corrugated containers, novel packaging materials, cartons, paper boxes, package printed products, color-printed paper cartons, pearl wool, foam products, as well as cogeneration products, warehousing, sewage treatment, and renewable resource utilization technology. Founded in 1978 and headquartered in Erlin Township, Changhua County, Taiwan, Longchen operates large-scale paper mills and converting plants in Taiwan and mainland China, employing over 3,700 people worldwide with significant presence in China; it engages in wastepaper recovery, energy regeneration through cogeneration and incinerator systems, wholesale import/export of packaging materials, paper products, electronic products, hardware, and papermaking equipment, alongside general investment and information technology consulting. In June 2019, the company rebranded from Long Chen Paper Co., Ltd. to Longchen Paper & Packaging Co., Ltd., emphasizing its expanded focus on integrated packaging operations and sustainability initiatives such as heat and electricity recycling.