Core Viewpoint - Nine Dragons Paper Holdings Limited has shown significant stock performance and financial growth, positioning itself as a leading player in the paper manufacturing industry, with a focus on international expansion and resource integration [1][2]. Financial Performance - As of December 31, 2024, Nine Dragons Paper reported total revenue of 33.465 billion yuan, a year-on-year increase of 9.32% - The net profit attributable to shareholders was 470 million yuan, reflecting a substantial year-on-year growth of 60.57% - The gross profit margin stood at 9.55%, while the debt-to-asset ratio was 65.68% [1]. Stock Performance - On August 20, the stock price closed at 5.4 HKD per share, marking a 12.27% increase with a trading volume of 91.2038 million shares and a turnover of 474 million HKD - Over the past month, the stock has risen by 39.02%, and year-to-date, it has increased by 52.7%, outperforming the Hang Seng Index, which has risen by 25.24% [1]. Industry Positioning - The average price-to-earnings (P/E) ratio for the raw materials industry is 21.6 times, with a median of 6.35 times - Nine Dragons Paper has a P/E ratio of 22.42 times, ranking 26th in the industry [1]. Company Overview - Established in 1995 and headquartered in Dongguan, Guangdong, Nine Dragons Paper is the world's largest paper manufacturing group and a leader in the integrated pulp and paper industry - The company has a designed annual production capacity exceeding 20 million tons and employs over 20,000 people - It operates production bases in various locations across China and has expanded internationally, including acquisitions in Vietnam, the United States, and Malaysia [2].
玖龙纸业（02689.HK）8月20日收盘上涨12.27%，成交4.74亿港元