China Sunshine Paper Holdings Co. (HKSE:02002) EBITDA: HK$472 Mil (TTM As of Dec. 2025)

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HKSE:02002 China Sunshine Paper Holdings Co. Ltd HKSE:02002
62 GF Score
Price HK$0.90
GF Value HK$1.81
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is China Sunshine Paper Holdings Co. EBITDA?

China Sunshine Paper Holdings Co. HKSE:02002 -1.10% 62 EBITDA is HK$472 Mil as of Dec. 2025. GuruFocus rates HKSE:02002 with a GF Score™ of 62/100 and a GF Value™ of HK$1.81 (Possible Value Trap). The stock has 6 warning signs investors should review.

China Sunshine Paper Holdings Co.'s EBITDA for the six months ended in Dec. 2025 was HK$195 Mil. Its EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was HK$472 Mil.

During the past 12 months, the average EBITDA Growth Rate of China Sunshine Paper Holdings Co. was -12.10% per year. During the past 3 years, the average EBITDA Growth Rate was -1.00% per year. During the past 5 years, the average EBITDA Growth Rate was -6.80% per year. During the past 10 years, the average EBITDA Growth Rate was 3.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA Growth Rate using EBITDA data.

During the past 13 years, the highest 3-Year average EBITDA Growth Rate of China Sunshine Paper Holdings Co. was 53.20% per year. The lowest was -9.40% per year. And the median was 3.70% per year.

China Sunshine Paper Holdings Co.'s EBITDA per Share for the six months ended in Dec. 2025 was HK$0.18. Its EBITDA per share for the trailing twelve months (TTM) ended in Dec. 2025 was HK$0.44.

During the past 12 months, the average EBITDA per Share Growth Rate of China Sunshine Paper Holdings Co. was -12.10% per year. During the past 3 years, the average EBITDA per Share Growth Rate was -2.60% per year. During the past 5 years, the average EBITDA per Share Growth Rate was -11.70% per year. During the past 10 years, the average EBITDA per Share Growth Rate was -0.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA per share growth rate using EBITDA per Share data.

During the past 13 years, the highest 3-Year average EBITDA per Share Growth Rate of China Sunshine Paper Holdings Co. was 93.70% per year. The lowest was -15.10% per year. And the median was 3.40% per year.

China Sunshine Paper Holdings Co.  (HKSE:02002) EBITDA Explanation

EBITDA is a cash flow measure that ignores changes in working capital. EBITDA minus Depreciation, and Amortization (DA) equals Operating Income. Operating Income is profit before interest and taxes. Of course, Interest and taxes need to be paid.

While depreciation and amortization expenses do not need to be paid in cash, assets - especially tangible assets - do need to be replaced over time. EBITDA is not a measure of profit in any sense. EBITDA is a measure of cash generation by a business where the uses of that cash may be more or less discretionary depending on the nature of the business.

The EBITDA of a TV station is largely discretionary. Owners may use much of the EBITDA generated by a TV station as they see fit. The EBITDA of a railroad is largely non-discretionary. Owners must use much of the EBITDA generated by a railroad to replace the physical assets of the railroad or the business will literally fall apart over time.

EBITDA can be thought of as the cash a business generates that is available to:

Add more inventory
Add more receivables
Replace property, plant, and equipment
Add more property, plant, and equipment
Pay interest
Pay taxes
And finally: pay owners

EBITDA is widely used in financial analysis because Depreciation and Amortization are not present day cash expenses.. Depreciation and amortization are the spreading out of the costs of assets over the time in which those assets provide benefits. Today's depreciation and amortization expenses relate to assets bought in the past. The assets being expensed may or may not need to be replaced in the future. And the cost to replace the assets may be more or less than it was in the past. For this reason, the depreciation and amortization expenses a company records in the present year may have no relationship to the actual cash costs needed to maintain its assets in future years.

A company's depreciation expense depends on both its expectations about the assets it owns and its choice of accounting methods. Two companies owning identical assets may have different depreciation expenses because they have different expectations about the useful lives of those assets and because they make different accounting choices.

Analysts use EBITDA to remove this element of personal choice from a company's accounting statements. The use of EBITDA is an attempt to make the results of different companies more comparable and uniform.


Be Aware

Although depreciation is not a cash cost it is a real business cost because the company has to pay for the fixed assets when they purchase them. Both Warren Buffett and Charlie Munger hate the idea of EBITDA because in this calculation, depreciation is not counted as an expense.

EBITDA over Revenue is a good metric for comparing the operating efficiencies between companies because EBITDA is less vulnerable to companies' accounting choices. For this reason, EBITDA is used in ranking the Predictability of Companies. Also Price-to-EBITDA is sometimes used in valuations.


China Sunshine Paper Holdings Co. EBITDA Related Terms


China Sunshine Paper Holdings Co. EBITDA Historical Data

* Premium members only.

The historical data trend for China Sunshine Paper Holdings Co.'s EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

China Sunshine Paper Holdings Co. EBITDA Chart

China Sunshine Paper Holdings Co. Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,523.26 1,026.17 1,301.67 1,131.10 994.61

China Sunshine Paper Holdings Co. Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 436.21 401.00 243.01 277.01 194.80

China Sunshine Paper Holdings Co. EBITDA Competitor Comparison

For the Paper & Paper Products subindustry, China Sunshine Paper Holdings Co.'s EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


China Sunshine Paper Holdings Co. EV-to-EBITDA vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, China Sunshine Paper Holdings Co.'s EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where China Sunshine Paper Holdings Co.'s EV-to-EBITDA falls into.


HKSE:02002
62GF Score
China Sunshine Paper Holdings Co. Ltd HKSE:02002
EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is what the company earns before it expenses interest, taxes, depreciation and amortization.

China Sunshine Paper Holdings Co.'s EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

China Sunshine Paper Holdings Co.'s EBITDA was directly provided by GuruFocus' data source Morningstar. For the fiscal year ended in Dec. 2025, China Sunshine Paper Holdings Co.'s EBITDA was HK$995 Mil.

China Sunshine Paper Holdings Co.'s EBITDA for the quarter that ended in Dec. 2025 is calculated as

China Sunshine Paper Holdings Co.'s EBITDA was directly provided by GuruFocus' data source Morningstar. For the quarter ended in Dec. 2025, China Sunshine Paper Holdings Co.'s EBITDA was HK$195 Mil.

EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$472 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sometimes companies may have already deducted Depreciation and Amortization from Gross Profit. In this case Depreciation and Amortization needs to be added back when calculating EBITDA.

Frequently Asked Questions Learn more about EBITDA →
What does a EBITDA of HK$472 Mil mean?
China Sunshine Paper Holdings Co. (HKSE:02002) has a EBITDA of HK$472 Mil as of Dec. 2025. Ebitda is the difference between operating revenue and operating expenses not including depreciation and amortization. View historical data on China Sunshine Paper Holdings Co..
Is China Sunshine Paper Holdings Co.'s EBITDA too high?
China Sunshine Paper Holdings Co.'s current EBITDA is HK$472 Mil. Overall, China Sunshine Paper Holdings Co. has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China Sunshine Paper Holdings Co.'s EBITDA compare to competitors?
China Sunshine Paper Holdings Co.'s EBITDA of HK$472 Mil can be compared against companies in the Forest Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA for a Forest Products company?
A good EBITDA depends on the Forest Products industry context. However, EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA mean?
A high EBITDA can signal that a stock is expensive relative to its fundamentals. Ebitda is the difference between operating revenue and operating expenses not including depreciation and amortization. View historical data on China Sunshine Paper Holdings Co.. China Sunshine Paper Holdings Co.'s current EBITDA is HK$472 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Sunshine Paper Holdings Co. stock overvalued right now?
Based on GuruFocus' analysis, China Sunshine Paper Holdings Co. (HKSE:02002) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.81, compared to a current price of HK$0.90 — trading 50.3% below its estimated fair value. The current EBITDA is HK$472 Mil. China Sunshine Paper Holdings Co.'s overall GF Score™ is 62/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA calculated?
EBITDA is calculated from a company's financial statements. For China Sunshine Paper Holdings Co. (HKSE:02002), the current EBITDA is HK$472 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is China Sunshine Paper Holdings Co. (HKSE:02002) Overvalued in 2026?

Based on GuruFocus' analysis, China Sunshine Paper Holdings Co. stock appears to be undervalued. The current stock price of HK$0.90 is trading 50.3% below its estimated GF Value™ of HK$1.81. GuruFocus considers China Sunshine Paper Holdings Co. to be Possible Value Trap.

Key valuation signals for HKSE:02002:

  • EBITDA: HK$472 Mil
  • GF Value™: HK$1.81 vs. price of HK$0.90 (50.3% below fair value)
  • GF Score™: 62/100 with 6 warning signs

No single metric tells the full story. See the HKSE:02002 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Sunshine Paper Holdings Co. Business Description

Address Changle Economic Development Zone, Shandong, Weifang, CHN, 262400
China Sunshine Paper Holdings Co. Ltd is principally engaged in the production & sale of paper products, electricity, & steam. The business activity of the firm is operated through White Top Linerboard, Coated white top liner board, Core Board, Specialised Paper Products, Corrugated Paper, and Electricity & Steam segments. Key revenue is generated from Specialised Paper Products. The company offers products under three categories: Paper, which includes an Uncoated white top test liner, coated white top liner, core board base paper, medium, & specialty paper; Preprint products; & Carton products. Geographically, the company operates in the PRC & Overseas, in which the PRC generates the majority of its revenue.
62GF Score

Get the complete analysis for HKSE:02002

EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.90
Price
HK$1.81
GF Value