China Sunshine Paper Holdings Co. (HKSE:02002) ROE %: 3.15% (As of Dec. 2025) — 73% Below Median

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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
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What is China Sunshine Paper Holdings Co. ROE %?

China Sunshine Paper Holdings Co. HKSE:02002 -1.10% 62 ROE % is 3.15% as of Dec. 2025, which is 73% below its 10-year median of 11.54. 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. Among 279 Forest Products companies, China Sunshine Paper Holdings Co. ranks better than 56.63% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. China Sunshine Paper Holdings Co.'s annualized net income for the quarter that ended in Dec. 2025 was HK$169 Mil. China Sunshine Paper Holdings Co.'s average Total Stockholders Equity over the quarter that ended in Dec. 2025 was HK$5,372 Mil. Therefore, China Sunshine Paper Holdings Co.'s annualized ROE % for the quarter that ended in Dec. 2025 was 3.15%.

The historical rank and industry rank for China Sunshine Paper Holdings Co.'s ROE % or its related term are showing as below:

HKSE:02002' s ROE % Range Over the Past 10 Years
Min: 3.31   Med: 11.54   Max: 22.32
Current: 3.31

During the past 13 years, China Sunshine Paper Holdings Co.'s highest ROE % was 22.32%. The lowest was 3.31%. And the median was 11.54%.

HKSE:02002's ROE % is ranked better than
56.63% of 279 companies
in the Forest Products industry
Industry Median: 2.17 vs HKSE:02002: 3.31

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

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=169.49/5372.1245
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(169.49 / 9315.224)*(9315.224 / 14444.35)*(14444.35 / 5372.1245)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.82 %*0.6449*2.6888
=ROA %*Equity Multiplier
=1.17 %*2.6888
=3.15 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=169.49/5372.1245
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (169.49 / 280.646) * (280.646 / 375.376) * (375.376 / 9315.224) * (9315.224 / 14444.35) * (14444.35 / 5372.1245)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6039 * 0.7476 * 4.03 % * 0.6449 * 2.6888
=3.15 %

Note: The net income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


China Sunshine Paper Holdings Co. ROE % Related Terms


China Sunshine Paper Holdings Co. ROE % Historical Data

* Premium members only.

The historical data trend for China Sunshine Paper Holdings Co.'s ROE % 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. ROE % Chart

China Sunshine Paper Holdings Co. Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.37 5.00 8.99 5.87 3.36

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
ROE % 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 9.17 8.06 3.75 3.44 3.15

China Sunshine Paper Holdings Co. ROE % Competitor Comparison

For the Paper & Paper Products subindustry, China Sunshine Paper Holdings Co.'s ROE %, along with its competitors' market caps and ROE % 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. ROE % vs Forest Products Industry

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

* The bar in red indicates where China Sunshine Paper Holdings Co.'s ROE % falls into.


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

China Sunshine Paper Holdings Co. ROE % Calculation

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

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=176.64/( (5181.229+5347.172)/ 2 )
=176.64/5264.2005
=3.36 %

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

ROE %=Net Income (Q: Dec. 2025 )/( (Total Stockholders Equity (Q: Jun. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=169.49/( (5397.077+5347.172)/ 2 )
=169.49/5372.1245
=3.15 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Dec. 2025) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 3.15% mean?
China Sunshine Paper Holdings Co. (HKSE:02002) has a ROE % of 3.15% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on China Sunshine Paper Holdings Co. and its competitors. This is 73% below median its historical median of 11.54. Over the past decade, China Sunshine Paper Holdings Co.'s ROE % has ranged from 3.31 to 22.32. According to the industry distribution chart, China Sunshine Paper Holdings Co. ranks #121 out of 279 companies in the Forest Products industry, placing it in the top 43.4%.
Is China Sunshine Paper Holdings Co.'s ROE % too high?
China Sunshine Paper Holdings Co.'s current ROE % of 3.15% is 73% below median its 10-year median of 11.54. Over the past 10 years, this metric has ranged from a low of 3.31 to a high of 22.32. The Forest Products industry median ROE % is 2.17. China Sunshine Paper Holdings Co.'s value of 3.15% is 45.2% above this industry median. Based on the distribution chart, China Sunshine Paper Holdings Co. ranks #121 out of 279 companies in the Forest Products industry, which is above the industry midpoint. 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 ROE % compare to competitors?
According to the Forest Products industry distribution chart, China Sunshine Paper Holdings Co. ranks #121 out of 279 companies for ROE %. This puts China Sunshine Paper Holdings Co. in the upper half of its industry. The industry median ROE % is 2.17. China Sunshine Paper Holdings Co.'s value of 3.15% is 45.2% above this benchmark. Historically, China Sunshine Paper Holdings Co.'s own ROE % has ranged from 3.31 to 22.32 over the past decade. While the company's 10-year median is 11.54 vs. the industry median of 2.17, China Sunshine Paper Holdings Co. has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Forest Products company?
The median ROE % among Forest Products companies is 2.17, based on 279 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China Sunshine Paper Holdings Co.'s current ROE % of 3.15% is 45.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on China Sunshine Paper Holdings Co. and its competitors. For the Forest Products industry, the median ROE % is 2.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Sunshine Paper Holdings Co.'s current ROE % is 3.15%, which is 73% below median its own 10-year median of 11.54. 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 ROE % is 3.15%, which is 73% below median its 10-year median of 11.54 and 45.2% above the Forest Products industry median of 2.17. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For China Sunshine Paper Holdings Co. (HKSE:02002), the current ROE % is 3.15% 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:

  • ROE %: 3.15% (73% below median its 10-year median of 11.54)
  • GF Value™: HK$1.81 vs. price of HK$0.90 (50.3% below fair value)
  • GF Score™: 62/100 with 6 warning signs
  • Industry Position: 45.2% above the Forest Products median (#121 of 279)

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

ROE % 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