Nine Dragons Paper (Holdings) Stock

Nine Dragons Paper (Holdings) Market capitalization 2024

Nine Dragons Paper (Holdings) Market capitalization

19.18 B CNY

Ticker

2689.HK

ISIN

BMG653181005

WKN

A0JDLB

In 2024, Nine Dragons Paper (Holdings)'s market cap stood at 19.18 B CNY, a 1.81% increase from the 18.83 B CNY market cap in the previous year.

The Nine Dragons Paper (Holdings) Market capitalization history

YEARMarket Capitalization (undefined CNY)
202419.18
202321.86
202226.68
202142.87
202035.77
201929.64
201840.65
201744.93
201623.84
201520.83
201421.9
201323.03
201219.69
201127.83
201047.54
200926.62
200826.85
200777.43
200627.2
2005-

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.

Market capitalization Details

Exploring Nine Dragons Paper (Holdings)'s Market Capitalization

Nine Dragons Paper (Holdings)'s market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Nine Dragons Paper (Holdings)'s market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Nine Dragons Paper (Holdings)'s market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Nine Dragons Paper (Holdings)’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Nine Dragons Paper (Holdings) stock

What is the current Nine Dragons Paper (Holdings) market capitalization?

The current market capitalization of Nine Dragons Paper (Holdings) is 19.18 B CNY.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Nine Dragons Paper (Holdings).

How has the market capitalization of Nine Dragons Paper (Holdings) developed in recent years?

The market capitalization of Nine Dragons Paper (Holdings) has increased/decreased by 1.81% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Nine Dragons Paper (Holdings)?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Nine Dragons Paper (Holdings)?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Nine Dragons Paper (Holdings) have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

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 0.55 %. 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 0.55 %.

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 0.55 %.

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.

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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.