Development Status and Trend of Paper Industry in China
1 Development Status and Potential 1.1 The current situation of China's paper industry is not satisfactory. The performance of the leading listed companies is also not satisfactory. At present, there are 17 listed companies in the paper industry in Shanghai and Shenzhen Stock Exchanges (mainly engaged in paper making). Apart from Huatai Stock Exchange, Minfeng Special Paper Exchange and Hengfeng Paper Exchange, three of the other 14 listed companies suffered losses in the middle of last year, with an average earnings per share of 0.087 yuan. Compared with the same period last year, the earnings per share and net asset yield of 10 companies declined, with only Qingshan Paper, Fujian Nanzhi Paper and Chenming Paper making significant gains and ST Packaging achieving a certain reduction in losses.