Lee & Man Paper Manufacturing Limited (HKG:2314)
Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
3.940
+0.090 (2.34%)
Aug 21, 2026, 4:08 PM HKT

HKG:2314 Financials Overview

Millions HKD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
29,24826,64225,99524,93729,17032,511
Revenue Growth
9.78%2.49%4.24%-14.51%-10.28%25.68%
Gross Profit
4,5503,8963,1132,5022,6925,703
Operating Income
2,3821,9001,163768.7677.033,114
Net Income
2,5031,9411,3131,0511,1853,123
Earnings Per Share
0.580.450.310.240.270.72
EPS Growth
28.95%47.90%25.32%-11.19%-61.80%-11.26%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Eliminations
-1,980-1,913-2,481-1,889-1,269-1,068
Packaging Paper
22,19520,17820,10319,94324,45427,553
Pulp
2,3132,3603,1442,2001,8141,296
Tissue Paper
6,7206,0175,2294,6834,1724,730
Total
29,24826,64225,99524,93729,17032,511

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
1,9041,9421,5211,5171,7981,909
Total Debt
21,91421,07222,05019,36916,41014,128
Net Cash (Debt)
-20,011-19,131-20,529-17,852-14,611-12,219
Net Cash Growth
------
Net Cash Per Share
-4.66-4.45-4.78-4.14-3.38-2.81

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
3,7273,520425.93151.373,7082,792
Capital Expenditures
-2,666-1,899-2,704-3,420-4,715-3,305
Free Cash Flow
1,0611,621-2,278-3,269-1,008-512.81
Free Cash Flow Growth
-34.51%-----

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
15.56%14.62%11.97%10.03%9.23%17.54%
Operating Margin
8.14%7.13%4.47%3.08%2.32%9.58%
Pretax Margin
9.77%8.48%6.20%5.66%5.00%11.67%
Profit Margin
8.56%7.29%5.05%4.21%4.06%9.61%
FCF Margin
3.63%6.08%-8.77%-13.11%-3.45%-1.58%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
0.1590.1590.1070.0860.0980.260
Dividend Per Share Growth
84.68%48.60%24.42%-12.25%-62.31%-13.33%
Dividend Yield
3.96%6.00%4.90%4.36%3.37%5.98%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
6.766.207.889.3912.517.52
Forward PE
6.857.236.297.187.015.54
P/FCF Ratio
15.947.42----
PS Ratio
0.580.450.400.400.510.72