Nine Dragons Paper (Holdings) Limited (HKG:2689)

HKG:2689 Statistics

Total Valuation

HKG:2689 has a market cap or net worth of HKD 39.18 billion. The enterprise value is 116.47 billion.

Market Cap	39.18B
Enterprise Value	116.47B

Important Dates

The last earnings date was Wednesday, February 25, 2026.

Earnings Date	Feb 25, 2026
Ex-Dividend Date	n/a

Share Statistics

HKG:2689 has 4.69 billion shares outstanding.

Current Share Class	4.69B
Shares Outstanding	4.69B
Shares Change (YoY)	n/a
Shares Change (QoQ)	n/a
Owned by Insiders (%)	3.66%
Owned by Institutions (%)	4.88%
Float	1.53B

Valuation Ratios

The trailing PE ratio is 10.79 and the forward PE ratio is 9.17. HKG:2689's PEG ratio is 0.27.

PE Ratio	10.79
Forward PE	9.17
PS Ratio	0.53
PB Ratio	0.67
P/TBV Ratio	0.68
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	0.27

Enterprise Valuation

EV / Earnings	32.07
EV / Sales	1.56
EV / EBITDA	11.11
EV / EBIT	17.98
EV / FCF	n/a

Financial Position

The company has a current ratio of 1.11, with a Debt / Equity ratio of 1.43.

Current Ratio	1.11
Quick Ratio	0.73
Debt / Equity	1.43
Debt / EBITDA	8.00
Debt / FCF	n/a
Interest Coverage	3.56

Financial Efficiency

Return on equity (ROE) is 7.34% and return on invested capital (ROIC) is 4.25%.

Return on Equity (ROE)	7.34%
Return on Assets (ROA)	2.48%
Return on Invested Capital (ROIC)	4.25%
Return on Capital Employed (ROCE)	4.81%
Weighted Average Cost of Capital (WACC)	4.79%
Revenue Per Employee	2.72M
Profits Per Employee	132,307
Employee Count	27,453
Asset Turnover	0.46
Inventory Turnover	5.79

Taxes

In the past 12 months, HKG:2689 has paid 511.08 million in taxes.

Income Tax	511.08M
Effective Tax Rate	10.95%

Stock Price Statistics

The stock price has increased by +154.57% in the last 52 weeks. The beta is 1.21, so HKG:2689's price volatility has been higher than the market average.

Beta (5Y)	1.21
52-Week Price Change	+154.57%
50-Day Moving Average	7.59
200-Day Moving Average	5.48
Relative Strength Index (RSI)	45.64
Average Volume (20 Days)	17,210,528

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, HKG:2689 had revenue of HKD 74.55 billion and earned 3.63 billion in profits. Earnings per share was 0.77.

Revenue	74.55B
Gross Profit	10.46B
Operating Income	6.45B
Pretax Income	4.67B
Net Income	3.63B
EBITDA	10.46B
EBIT	6.45B
Earnings Per Share (EPS)	0.77

Balance Sheet

The company has 6.92 billion in cash and 83.61 billion in debt, with a net cash position of -76.69 billion or -16.34 per share.

Cash & Cash Equivalents	6.92B
Total Debt	83.61B
Net Cash	-76.69B
Net Cash Per Share	-16.34
Equity (Book Value)	58.42B
Book Value Per Share	11.65
Working Capital	3.50B

Cash Flow

Operating Cash Flow	n/a
Capital Expenditures	n/a
Free Cash Flow	n/a
FCF Per Share	n/a

Margins

Gross margin is 14.03%, with operating and profit margins of 8.65% and 5.47%.

Gross Margin	14.03%
Operating Margin	8.65%
Pretax Margin	6.26%
Profit Margin	5.47%
EBITDA Margin	14.02%
EBIT Margin	8.65%
FCF Margin	n/a

Dividends & Yields

HKG:2689 does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	n/a
Shareholder Yield	n/a
Earnings Yield	9.27%
FCF Yield	n/a

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

HKG:2689 has an Altman Z-Score of 1.09 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	1.09
Piotroski F-Score	5