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000488.SHE Shandong Chenming Paper Holdings Ltd
- Market cap
- CNY 5.56B
- P/E
- -
- P/B
- 35.68x
- ROE
- -514.3%
- Dividend yield
- 18.00%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 000488.SHE undervalued?
Graham numberThe Graham number of Shandong Chenming Paper Holdings Ltd cannot be estimated reliably (it needs positive earnings and book value).
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
Shandong Chenming Paper Holdings Ltd fundamental analysis
No fundamental analysis for Shandong Chenming Paper Holdings Ltd yet.
Shandong Chenming Paper Holdings Ltd stock price
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About Shandong Chenming Paper Holdings Ltd
Shandong Chenming Paper Holdings Limited engages in the pulp production and paper making in China and internationally. It operates through four segments: Machine Paper, Financial Services, Hotels and Property Rentals, and Other. The company offers culture paper, copperplate paper, coated paper, white cardboard, copy paper, industrial paper, special paper, life paper, newspaper, and thermal and glassine paper, as well as household paper comprising toilet papers, facial tissue…
Full company profileShandong Chenming Paper Holdings Ltd financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Sep 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Shandong Chenming Paper Holdings Ltd annual financial statements (CNY; K = thousand, M = million, B = billion, T = trillion)
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 22.9B | 29.5B | 28.9B | 30.4B | 30.7B | 33.0B | 32.0B | 26.6B | 22.7B | 6.19B | 14.3B |
| Gross Profit | 7.08B | 9.71B | 8.88B | 7.66B | 7.07B | 7.76B | 4.59B | 2.10B | 548M | -2.42B | -987M |
| Operating Income | 2.09B | 4.42B | 2.91B | 1.58B | 1.58B | 2.28B | 156M | -1.69B | -7.82B | -3.17B | -1.99B |
| EBITDA | 7.93B | 10.8B | 8.53B | 7.79B | 7.96B | 7.41B | 4.90B | 2.84B | -3.29B | -5.27B | -1.60B |
| Net Income | 2.00B | 3.77B | 2.51B | 1.66B | 1.71B | 2.07B | 189M | -1.28B | -7.41B | -8.30B | -2.03B |
| EPS | 0.66 | 1.30 | 0.86 | 0.56 | 0.54 | 0.70 | 0.06 | -0.42 | -2.53 | -2.82 | -0.69 |
| Balance Sheet | |||||||||||
| Total Assets | 82.3B | 106B | 105B | 98.0B | 91.6B | 82.8B | 84.3B | 79.5B | 63.5B | 50.6B | 50.2B |
| Total Liabilities | 59.7B | 75.4B | 79.4B | 71.6B | 65.8B | 60.3B | 60.6B | 58.4B | 50.7B | 47.8B | 48.0B |
| Shareholders' Equity | 22.2B | 27.8B | 25.0B | 25.2B | 24.3B | 19.1B | 19.1B | 16.7B | 9.16B | 904M | 394M |
| Cash & Short-term Investments | 10.1B | 14.5B | 19.3B | 19.3B | 18.0B | 14.2B | 14.1B | 12.2B | 5.95B | 210M | 128M |
| Total Debt | 41.0B | 48.6B | 57.3B | 53.0B | 49.6B | 45.6B | 45.1B | 38.2B | 31.6B | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 2.15B | 23.8M | 14.1B | 12.2B | 11.3B | 8.58B | 3.45B | 4.39B | 2.62B | 243M | - |
| Capital Expenditure | 2.48B | 2.25B | 3.61B | 1.11B | 254M | 633M | 885M | 314M | 69.4M | 3.21M | 103M |
| Free Cash Flow | -325M | -2.23B | 10.5B | 11.1B | 11.0B | 7.95B | 2.56B | 4.08B | 2.55B | 240M | 409M |
| Ratios | |||||||||||
| ROE | 9.0% | 13.6% | 10.0% | 6.6% | 7.1% | 10.8% | 1.0% | -7.7% | -80.9% | -917.9% | -514.3% |
| ROA | 2.4% | 3.6% | 2.4% | 1.7% | 1.9% | 2.5% | 0.2% | -1.6% | -11.7% | -16.4% | -4.0% |
| Net Profit Margin | 8.7% | 12.8% | 8.7% | 5.5% | 5.6% | 6.3% | 0.6% | -4.8% | -32.6% | -134.1% | -14.1% |
| Debt to Equity | 1.85x | 1.75x | 2.29x | 2.11x | 2.04x | 2.39x | 2.36x | 2.29x | 3.45x | - | - |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Total Debt
- Short and long-term borrowings.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
- Debt to Equity
- Total debt divided by shareholders' equity.
Shandong Chenming Paper Holdings Ltd dividends
- Dividend yield
- 18.00%
- Forward dividend
- -
- Payout ratio
- -
- Ex-dividend date
- Aug 12, 2021
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 1.00B | 0.34 | - |
| 2024 | CNY 1.92B | 0.66 | - |
| 2023 | CNY 1.99B | 0.65 | - |
| 2022 | CNY 2.16B | 0.65 | 1,142.1% |
| 2021 | CNY 875M | 0.30 | 42.4% |
| 2020 | CNY 825M | 0.26 | 48.2% |
| 2019 | CNY 697M | 0.24 | 42.1% |
| 2018 | CNY 3.75B | 1.29 | 149.4% |
| 2017 | CNY 3.00B | 1.03 | 79.6% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 1.5:1 on Aug 10, 2018.
Who owns Shandong Chenming Paper Holdings Ltd
- Insiders 29.47%
- Institutions 0.00%
- Public & others 70.53%
- Shares outstanding 1.71B
- Free float 1.99B
Shandong Chenming Paper Holdings Ltd company profile
- Company name
- Shandong Chenming Paper Holdings Ltd
- Ticker
- 000488.SHE
- ISIN
- CNE0000015H5
- Exchange
- Shenzhen Stock Exchange
- Sector
- Basic Materials
- Industry
- Paper & Forest Products
- Employees
- 8,946
- Fiscal year end
- December
- Address
- No. 2199 Nongsheng East Road, Shouguang, China, 262705
- Phone
- 86 53 6215 8073
- Website
- chenmingpaper.com
About Shandong Chenming Paper Holdings Ltd
Shandong Chenming Paper Holdings Limited engages in the pulp production and paper making in China and internationally. It operates through four segments: Machine Paper, Financial Services, Hotels and Property Rentals, and Other. The company offers culture paper, copperplate paper, coated paper, white cardboard, copy paper, industrial paper, special paper, life paper, newspaper, and thermal and glassine paper, as well as household paper comprising toilet papers, facial tissues, pocket tissues, napkins, and paper towels; and paper making raw materials, machinery, and chemicals. It also generates and sells electric and thermal power; engages in the forestry, saplings growing, and processing and sale of timber and construction materials; manufactures, processes, and sells wood products; purchases and sells waste; and provides wall materials, logistics, panels, and coal, as well as financial leasing, and equipment financial and operating leasing services. In addition, the company is involved in the provision of catering, hotel, marketing, capital market, funding, arboriculture, logistics, transportation, printing and packaging, machinery manufacturing, trading, property investment and management, commerce, business factoring, investment management, wholesale and retail, investment, finance, port, cargo transportation, and business services activities. Further, it engages in the electricity, tea, property, and real estate business. Shandong Chenming Paper Holdings Limited was founded in 1993 and is headquartered in Shouguang, China.
Shandong Chenming Paper Holdings Ltd management
10- Mr. Yanshan JiangExecutive Chairman · born 1974
- Mr. Weixian LiExecutive Director & GM · born 1983
- Ms. Yanli ZhuNon-Independent Executive Director, Deputy GM & Financial Controller · born 1978
- Mr. Feng MengExecutive Director & Deputy GM · born 1972
- Mr. Peiji LiuDeputy GM & Non-Independent Executive Director · born 1984
- Mr. Xikun YuanSecretary & Deputy GM · born 1986
- Mr. Hon Leung ChuCompany Secretary (Hong Kong) · born 1983
- Mr. Lianming DongDeputy General Manager · born 1975
- Mr. Guangming GeDeputy General Manager · born 1971
- Mr. Qinyan GuoDeputy General Manager · born 1978