Youbisheng Green Paper AG

  • WKN: A1KRLR
  • ISIN: DE000A1KRLR0
  • Land: Deutschland

Nachricht vom 28.05.2014 | 08:29

Youbisheng Green Paper AG: On-going stable business development in the first quarter of 2014


DGAP-News: Youbisheng Green Paper AG / Key word(s): Quarter Results

28.05.2014 / 08:29

---------------------------------------------------------------------

Youbisheng Green Paper AG: On-going stable business development in the
first quarter of 2014

Hamburg, 28 May 2014. Youbisheng Green Paper AG, a Chinese manufacturer of
eco-friendly linerboard, reports an improved gross profit margin in the
first quarter of 2014 with slightly lower revenues. This development was a
result of full capacity utilisation and the decline of the prices for wood
pulp and recycled paper, Youbisheng's main raw materials for its linerboard
production. Correspondingly, both the company's selling prices for
linerboard products and the costs of goods sold decreased. Revenues and the
operating profit EBIT for the full financial year 2014 are expected to be
in line with the forecast stated in the annual report 2013.

Revenues reached 21.4 million Euros in the first three months of 2014 (Q1
2013: 22.0 million Euros). The decline in revenues triggered a slight
decrease of the company's gross profit by 1.7 per cent to 5.9 million Euros
(Q1 2013: 6.0 million Euros). The gross profit margin however increased by
0.4 percentage points to 27.4 per cent (Q1 2013: 27.0 per cent) due to
lower costs for recycled paper and the company's continued promotion of its
higher margin and value added products - double sided testliner and
anti-counterfeit testliner. The EBIT margin remained relatively stable at
the high level of 24.8 per cent (Q1 2013: 24.9 per cent). Ultimately, the
lower revenues resulted in a decline of the net profit in the reporting
period of 4.8 per cent to 3.9 million Euros (Q1 2013: 4.1 million Euros).
Nevertheless, cash flow from operations improved by 3.3 per cent in the
first three months of 2014 bringing the company's cash position to 37.7
million Euros as of 31 March 2014 (31 December 2013: 33.4 million Euros).
This represents 3.69 Euros per share.

In total, the company reports the following revenues for the respective
product segments: Sales of own-produced single-sided testliner decreased to
8.5 million Euros (Q1 2013: 9.5 million Euros) representing a decrease of
10.2 per cent. Sales of own-produced double-sided testliner increased to
5.5 million Euros (Q1 2012: 5.1 million Euros) representing an increase of
9.5 per cent. Sales of anti-counterfeit testliner increased significantly
by 71.0 per cent to 0.96 million Euros (Q1 2013: 0.56 million Euros), while
revenues from sub-contracted single-sided testliner recorded a slight
decline by 6.7 per cent to 6.4 million Euros (Q1 2013: 6.8 million Euros).

China's market for packaging material is expected to grow between 12 and 14
per cent annually leading to an increased demand for Youbisheng's
linerboard products. In order to meet this rising demand, the company will
further work on the realization of its planned new production line in the
Hubei Province in China. To ensure sufficient financial resources for the
construction of the new plant, Youbisheng has already extensively explored
the opportunity of a bond placement. However, due to the current adverse
market conditions towards Chinese listed companies in Germany the bond
placement has been postponed. Nevertheless, Youbisheng will further invest
resources generated from operations in the development of the new
production facility.

For the full financial year 2014, the management of Youbisheng Green Paper
expects revenues to be around 95.0 million Euros and the EBIT margin to be
at least 22.0 per cent and therefore to be in line with the forecast stated
in the annual report 2013.
 
The full Q1 2014 report of Youbisheng Green Paper AG is available on the
company's website under:
http://www.youbisheng-greenpaper.de/en/investor-relations/publications.htm
l.


About Youbisheng Green Paper AG
Youbisheng Green Paper AG is the German holding company of a Chinese
clean-tech leader of eco-friendly produced linerboard from up to 100 per
cent recovered fibres. The high-quality linerboard innovations of
Youbisheng take up a special position in the Chinese market and are
produced in the own production plant near Quanzhou City. They are used in
the packaging industry in the Fujian and Guangdong Province (together about
145 million inhabitants), especially for visually attractive sales
packaging and carrier bags of high-quality consumer goods.
Youbisheng has been operating as a paper producer since 2000. In fiscal
year 2013 and with its production plants operating at full capacity, it
manufactured about 150,000 metric tons of linerboard, making it one of the
biggest linerboard producers in Fujian and Guangdong Provinces.

For further Information please contact:

Kirchhoff Consult AG
Sebastian Bucher
Tel.: +49 (0)40 60 91 86 34
sebastian.bucher@kirchhoff.de



Youbisheng Green Paper AG
c/o HRG Hansische Revisions-Gesellschaft mbH 
Wirtschaftsprüfungsgesellschaft
Ferdinandstrasse 25
20095 Hamburg
contact@youbisheng-greenpaper.de


End of Corporate News

---------------------------------------------------------------------

28.05.2014 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

---------------------------------------------------------------------


Language:    English                                           
Company:     Youbisheng Green Paper AG                         
             Anna-Schneider-Steig 22                           
             50678 Köln                                        
             Germany                                           
Phone:       +49 (0)40 60 91 86 0                              
Fax:         +49 (0)40 60 91 86 60                             
E-mail:      ir@youbisheng-greenpaper.de                       
Internet:    www.youbisheng-greenpaper.de                      
ISIN:        DE000A1KRLR0                                      
WKN:         A1KRLR                                            
Listed:      Regulierter Markt in Frankfurt (Prime Standard);  
             Freiverkehr in Berlin, Düsseldorf                 
 
 
End of News    DGAP News-Service  
---------------------------------------------------------------------  
270845 28.05.2014                                                      

IPO im Fokus

MIT SICHERHEIT AUFS PARKETT. UNSER BÖRSENGANG ZUR WACHSTUMSBESCHLEUNIGUNG

ISIN: DE000A3CM708
Grundkapital (vor IPO): 3.120.000 EUR
Angebotene Aktien: bis zu 690.000 Aktien
Zeichnungsfrist: 11.10.2021 bis voraus. 25.10.2021
Bookbuildingspanne: 3,30 bis 3,60 Euro
Börse: Börse Düsseldorf

Rechtlich maßgeblicher Wertpapierprospekt auf sdm-se.de

Event im Fokus

Termine 2021

10. Juni 2021:Fachkonferenz Immobilien

14./15. Juli 2021: Fachkonferenzen Beteiligungsgesellschaften & Consumer/Leisure

13./14. Oktober 2021: Fachkonferenzen Finanzdienstleistungen/Technologie

10./11. November 2021: Fachkonferenzen Software/IT & Branchenmix

„Je nach aktueller Covid-19 Situation und den bestehenden Vorschriften für Versammlungen entscheidet sich ca. 5 Wochen vor dem Termin, in welcher Form die Konferenzen stattfinden.“

GBC im Fokus

Börsengang sdm SE: Attraktives Investment

Der Sicherheitsdienstleister sdm SE führt derzeit einen Börsengang am Primärmarkt der Börse Düsseldorf durch. Die Mittel des Börsengangs sollen die Wachstumsstrategie finanzieren und die Ertragskraft deutlich steigern. Im Rahmen unseres DCF-Bewertungsmodells haben wir einen fairen Unternehmenswert (Post Money) zum Ende des Geschäftsjahres 2022 in Höhe von 15,23 Mio. € bzw. 4,09 € je sdm-Aktie ermittelt. Unter einem Preis von 3,50 € pro Aktie sehen wir sdm als ein attraktives Investment und stufen die Aktie mit dem Rating „Kaufen“ ein.

News im Fokus

Vonovia SE: Übernahmeangebot erfolgreich: Vonovia erreicht insgesamt rund 87,6 % der Stimmrechte an der Deutsche Wohnen

26. Oktober 2021, 07:56

Aktueller Webcast

TRATON SE

Pressekonferenz – Zwischenmitteilung 9M 2021 - Webcast

28. Oktober 2021

Aktuelle Research-Studie

Original-Research: Valneva SE (von First Berlin Equity Research GmbH): Kaufen Valneva SE

25. Oktober 2021