NDGPF (Nine Dragons Paper (Holdings)) Gross Profit: $1,323 Mil (TTM As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NDGPF Nine Dragons Paper (Holdings) Ltd NDGPF
53 GF Score
Price $0.84
GF Value $0.63
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Nine Dragons Paper (Holdings) Gross Profit?

Nine Dragons Paper (Holdings) NDGPF 53 Gross Profit is $1,323 Mil as of Dec. 2025. GuruFocus rates NDGPF with a GF Score™ of 53/100 and a GF Value™ of $0.63 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Nine Dragons Paper (Holdings)'s gross profit for the six months ended in Dec. 2025 was $759 Mil. Nine Dragons Paper (Holdings)'s gross profit for the trailing twelve months (TTM) ended in Dec. 2025 was $1,323 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Nine Dragons Paper (Holdings)'s gross profit for the six months ended in Dec. 2025 was $759 Mil. Nine Dragons Paper (Holdings)'s Revenue for the six months ended in Dec. 2025 was $5,285 Mil. Therefore, Nine Dragons Paper (Holdings)'s Gross Margin % for the quarter that ended in Dec. 2025 was 14.37%.

Nine Dragons Paper (Holdings) had a gross margin of 14.37% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Nine Dragons Paper (Holdings) was 21.95%. The lowest was 2.70%. And the median was 16.59%.

Warning Sign:

Nine Dragons Paper (Holdings) Ltd gross margin has been in long-term decline. The average rate of decline per year is -14.7%.


Nine Dragons Paper (Holdings)  (OTCPK:NDGPF) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Nine Dragons Paper (Holdings) had a gross margin of 14.37% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage


Nine Dragons Paper (Holdings) Gross Profit Related Terms


Nine Dragons Paper (Holdings) Gross Profit Historical Data

* Premium members only.

The historical data trend for Nine Dragons Paper (Holdings)'s Gross Profit 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.

Nine Dragons Paper (Holdings) Gross Profit Chart

Nine Dragons Paper (Holdings) Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,819.60 1,044.31 213.68 787.28 1,009.02

Nine Dragons Paper (Holdings) Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Gross Profit 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 378.93 414.33 438.73 564.16 759.19

Nine Dragons Paper (Holdings) Gross Profit Competitor Comparison

For the Paper & Paper Products subindustry, Nine Dragons Paper (Holdings)'s Gross Profit, along with its competitors' market caps and Gross Profit 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.


Nine Dragons Paper (Holdings) Gross Profit vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Nine Dragons Paper (Holdings)'s Gross Profit distribution charts can be found below:

* The bar in red indicates where Nine Dragons Paper (Holdings)'s Gross Profit falls into.


NDGPF
53GF Score
Nine Dragons Paper (Holdings) Ltd NDGPF
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nine Dragons Paper (Holdings) Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Nine Dragons Paper (Holdings)'s Gross Profit for the fiscal year that ended in Jun. 2025 is calculated as

Gross Profit (A: Jun. 2025 )=Revenue - Cost of Goods Sold
=8807.384 - 7798.367
=1,009

Nine Dragons Paper (Holdings)'s Gross Profit for the quarter that ended in Dec. 2025 is calculated as

Gross Profit (Q: Dec. 2025 )=Revenue - Cost of Goods Sold
=5284.64 - 4525.446
=759

Gross Profit 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 $1,323 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Nine Dragons Paper (Holdings)'s Gross Margin % for the quarter that ended in Dec. 2025 is calculated as

Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=(Revenue - Cost of Goods Sold) / Revenue
=759 / 5284.64
=14.37 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of $1,323 Mil mean?
Nine Dragons Paper (Holdings) (NDGPF) has a Gross Profit of $1,323 Mil as of Dec. 2025. Gross Profit equals net sales less total cost of goods sold. View historical data on Nine Dragons Paper (Holdings) and its competitors.
Is Nine Dragons Paper (Holdings)'s Gross Profit too high?
Nine Dragons Paper (Holdings)'s current Gross Profit is $1,323 Mil. Overall, Nine Dragons Paper (Holdings) has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nine Dragons Paper (Holdings)'s Gross Profit compare to competitors?
Nine Dragons Paper (Holdings)'s Gross Profit of $1,323 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 Gross Profit for a Forest Products company?
A good Gross Profit depends on the Forest Products industry context. However, Gross Profit 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 Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Nine Dragons Paper (Holdings) and its competitors. Nine Dragons Paper (Holdings)'s current Gross Profit is $1,323 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nine Dragons Paper (Holdings) stock overvalued right now?
Based on GuruFocus' analysis, Nine Dragons Paper (Holdings) (NDGPF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.63, compared to a current price of $0.84 — trading 33.1% above its estimated fair value. The current Gross Profit is $1,323 Mil. Nine Dragons Paper (Holdings)'s overall GF Score™ is 53/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Nine Dragons Paper (Holdings) (NDGPF), the current Gross Profit is $1,323 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 Nine Dragons Paper (Holdings) (NDGPF) Overvalued in 2026?

Based on GuruFocus' analysis, Nine Dragons Paper (Holdings) stock appears to be overvalued. The current stock price of $0.84 is trading 33.1% above its estimated GF Value™ of $0.63. GuruFocus considers Nine Dragons Paper (Holdings) to be Significantly Overvalued.

Key valuation signals for NDGPF:

  • Gross Profit: $1,323 Mil
  • GF Value™: $0.63 vs. price of $0.84 (33.1% above fair value)
  • GF Score™: 53/100 with 6 warning signs

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


Nine Dragons Paper (Holdings) Business Description

Other Exchanges NDGPY:USA02689:Hong Kong
Address No.12, Xincheng Road, Songshan Lake High-Tech Industrial Development Zone, Guangdong Province, Dongguan, CHN
Nine Dragons Paper (Holdings) Ltd operates as a paper products manufacturer. The company is a pulp and paper manufacturing group specializing in the integrated production of pulp and paper, with main products including various kinds of environmentally friendly packaging paper, printing and writing paper, high-end virgin paper, and products from the entire upstream and downstream production chain. Covering the full industry spectrum, it offers kraftlinerboard, testlinerboard, white top linerboard, coated linerboard, bleached folding boxboard, high-performance corrugating medium, coated duplex board, gypsum board cover paper, and more.
53GF Score

Get the complete analysis for NDGPF

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

$0.84
Price
$0.63
GF Value