Nine Dragons Paper (Holdings) Limited risk profile

67 Stretched several inputs deteriorating together

Measured 21 October 2026 from 2689.HK's filed statements. Recomputed nightly.

67 (Stretched), driven by Cash conversion at 100, over 5 weighted categories on the MANUFACTURER profile.

What is measured

MechanismReadingBandDirectionDriver
Market expectation71StretchedVolatileDrawdown from the 52-week high — 49.9%
Operating pressure46ElevatedEasingOperating-margin drift — -9.3 percentage points
Cash conversion100AcuteStableCapital spending against operating cash — -16.14x
Leverage and coverage77StretchedEasingNet debt to EBITDA — 9.47x
Competitive position65StretchedNo prior periodOperating-margin gap against peers — -7.8 percentage points
ConcentrationReads identified supplier spend, customers above the 10% disclosure threshold and revenue by region. No reading is stored for this company.

These are descriptive readings of disclosed mechanisms, not investment advice, and not a prediction. A band says where a measured input sits, never what to do about it or what happens next.

Basic Materials companies with a risk reading

Financials, valuation and price history for Nine Dragons Paper (Holdings) Limited