Nine Dragons Paper (Holdings) Stock

Nine Dragons Paper (Holdings) P/E 2024

Nine Dragons Paper (Holdings) P/E

23.79

Ticker

2689.HK

ISIN

BMG653181005

WKN

A0JDLB

As of Oct 17, 2024, Nine Dragons Paper (Holdings)'s P/E ratio was 23.79, a -398.49% change from the -7.97 P/E ratio recorded in the previous year.

The Nine Dragons Paper (Holdings) P/E history

Nine Dragons Paper (Holdings) Aktienanalyse

What does Nine Dragons Paper (Holdings) do?

Nine Dragons Paper (Holdings) Ltd is a Chinese company operating in the paper and pulp industry. It was founded in 1995 by Zhang Yin, one of China's wealthiest women. The company is headquartered in Hong Kong. The business model of Nine Dragons Paper (Holdings) Ltd is focused on serving the demand for packaging materials in China and other Asian countries. The company produces a wide range of packaging products, mainly made from recycled paper. These include packaging raw materials, corrugated cardboard, pulp board, gray board, as well as finished packaging such as paper cups and cartons. The company has experienced impressive growth in recent years. In 2018, its revenue exceeded $13 billion, representing an increase of over 20% compared to the previous year. Additionally, Nine Dragons Paper (Holdings) Ltd was recognized as the largest manufacturer of recycled paper in Asia in 2018. The different branches of the company are tailored to the needs of customers and market requirements. These include paper mills that produce recycled paper and processing plants where packaging is manufactured from the paper. Nine Dragons Paper (Holdings) Ltd is also capable of offering a wide range of services related to paper production and processing, such as consulting services on paper manufacturing, efficient use of resources, and waste disposal. In recent years, the company has also begun expanding into other markets. For example, it has acquired stakes in companies in Europe and the USA. The goal of this expansion is to expand the existing business and offer customers an even more comprehensive product portfolio. In addition to the packaging business, Nine Dragons Paper (Holdings) Ltd has also ventured into the office supplies sector. This includes stationery products such as pens, notepads, and folders. This diversification of the business aims to minimize risk and seize new growth opportunities. Overall, Nine Dragons Paper (Holdings) Ltd is an impressive company with a successful business model. Its strong position in the Chinese and Asian markets for packaging materials and office supplies, as well as its growing presence in Europe and the USA, demonstrate that the company has a promising future. Given its positive development in recent years, Nine Dragons Paper (Holdings) Ltd is likely to remain a key player in the paper and pulp industry. Nine Dragons Paper (Holdings) ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Nine Dragons Paper (Holdings)'s P/E Ratio

The Price to Earnings (P/E) Ratio of Nine Dragons Paper (Holdings) is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Nine Dragons Paper (Holdings)'s P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Nine Dragons Paper (Holdings) is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Nine Dragons Paper (Holdings)’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Nine Dragons Paper (Holdings) stock

What is the price-to-earnings ratio of Nine Dragons Paper (Holdings)?

The price-earnings ratio of Nine Dragons Paper (Holdings) is currently 23.79.

How has the price-earnings ratio of Nine Dragons Paper (Holdings) changed compared to last year?

The price-to-earnings ratio of Nine Dragons Paper (Holdings) has increased by -398.49% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Nine Dragons Paper (Holdings) high compared to other companies?

Yes, the price-to-earnings ratio of Nine Dragons Paper (Holdings) is high compared to other companies.

How does an increase in the price-earnings ratio of Nine Dragons Paper (Holdings) affect the company?

An increase in the price-earnings ratio of Nine Dragons Paper (Holdings) would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Nine Dragons Paper (Holdings) affect the company?

A decrease in the price-earnings ratio of Nine Dragons Paper (Holdings) would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Nine Dragons Paper (Holdings)?

Some factors that influence the price-earnings ratio of Nine Dragons Paper (Holdings) are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Nine Dragons Paper (Holdings) pay?

Over the past 12 months, Nine Dragons Paper (Holdings) paid a dividend of 0.02 CNY . This corresponds to a dividend yield of about 0.71 %. For the coming 12 months, Nine Dragons Paper (Holdings) is expected to pay a dividend of 0.02 CNY.

What is the dividend yield of Nine Dragons Paper (Holdings)?

The current dividend yield of Nine Dragons Paper (Holdings) is 0.71 %.

When does Nine Dragons Paper (Holdings) pay dividends?

Nine Dragons Paper (Holdings) pays a quarterly dividend. This is distributed in the months of July, January, July, January.

How secure is the dividend of Nine Dragons Paper (Holdings)?

Nine Dragons Paper (Holdings) paid dividends every year for the past 2 years.

What is the dividend of Nine Dragons Paper (Holdings)?

For the upcoming 12 months, dividends amounting to 0.02 CNY are expected. This corresponds to a dividend yield of 0.71 %.

In which sector is Nine Dragons Paper (Holdings) located?

Nine Dragons Paper (Holdings) is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Nine Dragons Paper (Holdings) kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Nine Dragons Paper (Holdings) from 1/20/2023 amounting to 0.022 CNY, you needed to have the stock in your portfolio before the ex-date on 12/9/2022.

When did Nine Dragons Paper (Holdings) pay the last dividend?

The last dividend was paid out on 1/20/2023.

What was the dividend of Nine Dragons Paper (Holdings) in the year 2023?

In the year 2023, Nine Dragons Paper (Holdings) distributed 0.116 CNY as dividends.

In which currency does Nine Dragons Paper (Holdings) pay out the dividend?

The dividends of Nine Dragons Paper (Holdings) are distributed in CNY.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von Nine Dragons Paper (Holdings)

Our stock analysis for Nine Dragons Paper (Holdings) Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Nine Dragons Paper (Holdings) Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.