Nine Dragons Paper (Holdings) (2689.HK) Stock Price
Nine Dragons Paper (Holdings) Price
Nine Dragons Paper (Holdings) (2689.HK) Stock | ISIN BMG653181005 | WKN A0JDLB. The current Nine Dragons Paper (Holdings) stock price is 5.91 CNY (2026). Revenue is 71.91 B CNY. Net income is 2.93 B CNY. The P/E ratio is 9.46. Market capitalization is 27.75 B CNY. Nine Dragons Paper (Holdings) operates in the Commodities sector.
Over the last 19 years Nine Dragons Paper (Holdings) grew revenue by 11.6% annually, reaching 63.24 B CNY. Earnings per share have declined at 0.4% per year over the last 19 years. For Nine Dragons Paper (Holdings), the net margin of 2.8% is down versus 11.5% a few years ago. At today's price the dividend yield works out to roughly 0.38%. The payout ratio is around 31% of earnings.
Nine Dragons Paper (Holdings) stock price
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Stock Price
ⓘHow to Read This Chart
This chart tracks the historical stock price of Nine Dragons Paper (Holdings) over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.
Total Return vs. Price Return
The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.
Intraday Price Data
When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Nine Dragons Paper (Holdings) stock reacts to market openings, earnings releases, or breaking news throughout the trading session.
What to Look For
Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Nine Dragons Paper (Holdings)'s price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.
| Date | Nine Dragons Paper (Holdings) Price |
|---|
Nine Dragons Paper (Holdings) Revenue, EBIT, Net Income
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Nine Dragons Paper (Holdings) Income Statement, Balance Sheet, Cash Flow Statement
| REVENUE (B CNY) |
|---|
| REVENUE GROWTH (%) |
| GROSS MARGIN (%) |
| GROSS INCOME (B CNY) |
| NET INCOME (B CNY) |
| NET INCOME GROWTH (%) |
| DIVIDEND (CNY)DIV. (CNY) |
| DIVIDEND GROWTH (%)DIV. GROWTH (%) |
| SHARES (B) |
| DOCUMENTS |
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|
| 61.57 | 64.54 | 56.74 | 59.5 | 63.24 | 71.91 | 75.23 | 77.56 |
| 19.93 | 4.81 | -12.08 | 4.86 | 6.29 | 13.72 | 4.61 | 3.1 |
| 18.99 | 10.83 | 2.7 | 9.6 | 11.46 | 10.07 | 9.63 | 9.34 |
| 11.69 | 6.99 | 1.53 | 5.71 | 7.25 | 7.25 | 7.25 | 7.25 |
| 7.1 | 3.28 | -2.38 | 0.75 | 1.77 | 2.93 | 3.38 | 3.81 |
| 70.37 | -53.88 | -172.76 | -131.47 | 135.6 | 65.93 | 15.42 | 12.47 |
| 0.52 | 0.12 | 0.04 | - | - | 0.17 | 0.19 | 0.21 |
| 44.44 | -76.92 | -66.67 | – | – | – | 11.76 | 10.53 |
| 4.69 | 4.69 | 4.69 | 4.69 | 4.69 | 4.69 | 4.69 | 4.69 |
| – | – | – | – | – | – | – | – |
Details
Income Statement Key Figures
ⓘRevenue and Revenue Growth
Revenue is the starting point of every income statement — it measures the total sales Nine Dragons Paper (Holdings) generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.
Gross Margin
Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Nine Dragons Paper (Holdings) retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Nine Dragons Paper (Holdings)'s gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.
EBIT and EBIT Margin
EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.
Net Income and Earnings Per Share (EPS)
Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.
Shares Outstanding
The total number of shares Nine Dragons Paper (Holdings) has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.
Analyst Estimates
The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Nine Dragons Paper (Holdings)'s historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.
Nine Dragons Paper (Holdings) stock margins
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Nine Dragons Paper (Holdings) Stock Revenue, EBIT, Earnings per Share
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Nine Dragons Paper (Holdings) business model & stock analysis
Nine Dragons Paper (Holdings) SWOT Analysis
Strengths
[ { "text": "Leading", "heading": "1." } ]
Nine Dragons Paper (Holdings) Ltd holds a top market position in the paper industry, offering it a competitive advantage over its rivals. This strong market presence enables the company to gain significant market share, attract new customers, and maintain strong relationships with existing ones.
[ { "text": "Strong", "heading": "2." } ]
The company excels in its operational capabilities, including efficient production processes, state-of-the-art manufacturing facilities, and a well-established supply chain network. These strengths contribute to effective cost management, high-quality output, and timely delivery, enhancing customer satisfaction and profitability.
Weaknesses
[ { "text": "Dependence", "heading": "1." } ]
Nine Dragons Paper (Holdings) Ltd heavily relies on the availability and pricing of raw materials like wood pulp and recycled paper. Fluctuations in raw material prices or disruptions in supply chains could impact the company's profitability and operational efficiency.
[ { "text": "Vulnerability", "heading": "2." } ]
As an environmentally sensitive industry, the paper manufacturing sector is subject to stringent regulations and increasing pressure to adopt sustainable practices. Failure to comply with these regulations or adapt to changing environmental standards can result in fines, reputational damage, and potential legal consequences.
Opportunities
[ { "text": "Growing", "heading": "1." } ]
The rising awareness about environmental issues and the increasing demand for sustainable packaging present significant growth opportunities for Nine Dragons Paper (Holdings) Ltd. The company can capitalize on this trend by expanding its eco-friendly packaging solutions and marketing them to environmentally conscious consumers and businesses.
[ { "text": "International", "heading": "2." } ]
The company has the potential to expand its business operations into international markets, leveraging its strong competitive position and operational capabilities. This expansion would allow Nine Dragons Paper (Holdings) Ltd to tap into new customer segments, diversify its revenue streams, and potentially increase its overall profitability.
Threats
[ { "text": "Intense", "heading": "1." } ]
The paper industry is highly competitive with numerous players vying for market share. Intense competition can lead to price wars, reduced profit margins, and constant pressure to innovate and differentiate in order to maintain a competitive edge.
[ { "text": "Economic", "heading": "2." } ]
Fluctuations in the global economy and market conditions can pose risks to Nine Dragons Paper (Holdings) Ltd. Economic downturns, currency fluctuations, and changes in consumer spending patterns can impact the demand for paper products, leading to potential revenue and profitability declines.
Nine Dragons Paper (Holdings) Eulerpool Fair Value
Nine Dragons Paper (Holdings) historical P/E ratio, EBIT multiple, and P/S ratio
Nine Dragons Paper (Holdings) annual returns
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Annual Return
ⓘWhat This Chart Shows
This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.
Price Return
Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.
Dividend Return
Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.
What to Look For
Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.
Nine Dragons Paper (Holdings) shares outstanding
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Nine Dragons Paper (Holdings) Dividend History
18 years of dividend payments
Nine Dragons Paper (Holdings) dividend payout ratio
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Nine Dragons Paper (Holdings) Earnings Estimates
Nine Dragons Paper (Holdings) Earnings Estimates
| Date | EPS estimate | Revenue Estimate | Quarterly report |
|---|---|---|---|
| 2/20/2024 | -0.06CNY | 30.5 BCNY | 2024 Q2 |
| 2/20/2023 | 0.19CNY | 35.8 BCNY | 2023 Q2 |
| 9/27/2022 | 0.4CNY | 30.5 BCNY | 2022 Q4 |
| 2/22/2022 | 0.54CNY | 35.16 BCNY | 2022 Q2 |
| 9/27/2021 | 0.61CNY | 28.26 BCNY | 2021 Q4 |
| 2/22/2021 | 0.73CNY | 30.71 BCNY | 2021 Q2 |
| 9/22/2020 | 0.3CNY | 20.45 BCNY | 2020 Q4 |
| 2/24/2020 | 0.34CNY | 28.8 BCNY | 2020 Q2 |
| 9/24/2019 | 0.49CNY | 28.63 BCNY | 2019 Q4 |
| 2/26/2019 | 0.52CNY | 26.63 BCNY | 2019 Q2 |
EESG©
Eulerpool ESG Scorecard© for the Nine Dragons Paper (Holdings) stock
EEnvironment
20
Environment
SSocial
20
Social
GGovernance (Corporate Governance)
4
Governance (Corporate Governance)
The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.
Nine Dragons Paper (Holdings) shareholder structure
| % | Name |
|---|---|
63.76767% | |
1.92015% | |
1.02017% | |
0.73312% | |
0.67333% | |
0.64102% | |
0.60741% | |
0.56321% | |
0.37108% | |
0.30154% |
Nine Dragons Paper (Holdings) Executives and Management Board
Ms. Yan Cheung
(67)Executive Chairlady of the Board · since 2006
Mr. Ming Chung Liu
(62)Executive Deputy Chairman of the Board, Chief Executive Officer · since 2006
Mr. Cheng Fei Zhang
(56)Executive Deputy Chairman of the Board and Deputy Chief Executive Officer · since 2006
Mr. Chun Shun Lau
(43)Vice President, Executive Director · since 2006
Mr. Liu Ken
(32)Executive Deputy Chairman of the Board, Vice President · since 2018
Frequently asked questions about Nine Dragons Paper (Holdings)
The business model of Nine Dragons Paper (Holdings) Ltd revolves around paper manufacturing and recycling. As one of the largest manufacturers of packaging paperboard and paper products in China, Nine Dragons Paper focuses on producing a wide range of paper products, including linerboard, coated duplex board, and specialty paper. The company operates an integrated production process, covering raw material sourcing, manufacturing, and distribution to cater to both domestic and international markets. Nine Dragons Paper emphasizes sustainability by utilizing recycled paper as raw material, contributing to environmental preservation. With its strong market position and efficient production capabilities, Nine Dragons Paper (Holdings) Ltd is dedicated to meeting the increasing demand for high-quality paper products worldwide.
Nine Dragons Paper (Holdings) stock
Nine Dragons Paper (Holdings) Peer Group
Nine Dragons Paper (Holdings) Ticker
Nine Dragons Paper (Holdings) FIGI
All fundamentals and in-depth analysis of 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.