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Shanghai M&G Stationery Inc. (603899.SS)

CNY22.10 +0.49 (+2.27%)
CN SHH Industrials Business Equipment & Supplies
Address Building 3, Guangming Economic Zone 201406
Shanghai, CN
CEO Huxiong Chen
Website mg-pen.com
IPO 2015-01-27
ISIN CNE100001V60

Explore sections of this company profile

Description

Shanghai M&G Stationery Inc. specializes in the design, production, and global distribution of a wide array of stationery products, catering to markets within China and across the world. Its extensive product portfolio covers a vast range of office essentials and creative supplies. This includes a full spectrum of writing instruments such as ballpoint, gel, rollerball, and fountain pens, along with mechanical and traditional pencils, markers, and highlighters. The company also offers diverse paper products, including notebooks, various printing and note papers, and sticky labels. For office organization, M&G provides a comprehensive suite of filing solutions, from lever arch files and display books to ID holders, alongside general office tools like calculators, staplers, scissors, and cutting implements. Beyond traditional stationery, the company supplies presentation tools such as whiteboards and laser pointers; a variety of adhesive solutions including glue sticks and multiple types of tapes; and even office machinery like shredders and binding machines. Their offerings extend to school and art supplies, encompassing crayons, paints, and exercise books, as well as essential electronic accessories like power banks and flash drives. Miscellaneous items further include desk lamps, waste bins, and other convenience products. As of December 31, 2021, the company maintained a significant retail presence in China, operating 523 large-format stores, comprising 60 M&G Life outlets and 463 Jiumu stores. In addition to its physical retail network, Shanghai M&G Stationery Inc. actively engages in e-commerce. All its products are marketed under the prominent M&G brand. Established in 1996, the company is headquartered in Shanghai, China, and operates as a subsidiary of M&G Holdings (Group) Co., Ltd.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
CNY22.10 +0.49 (+2.27%)
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Volume Profile
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Liquidity & share structure
Average Volume
5M
Beta
0.51
Float Shares
328.92M
Free Float %
35.7%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-1.10% -1.74% -4.70% -9.08% -16.34% -10.13% -18.47% -46.80% -72.23% +37.48% +156.81%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
22.10
DCF (Unlevered) 40.33 +82.5%
DCF (Levered) 68.81 +211.4%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 100% Bullish
Rating 2024-11 Change
Strong Buy 2 0
Buy 4 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
5.08
Safe zone
Piotroski F-Score
5 / 9
Average
MOAT Score
5 / 10
Developing
Composite Rating
A
Overall Score
4 / 5
High
DCF Score
5 / 5
High
ROE Score
4 / 5
High
ROA Score
5 / 5
High
D/E Score
3 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Business Equipment & Supplies: +4.2%
    +3.5% Q1'26: +5.4% (vs Q1'25)
  • EPS growth Business Equipment & Supplies: +9.0%
    -5.9% Q1'26: +5.7% (vs Q1'25)
  • FCF margin FCF growth · Business Equipment & Supplies: +11.3%
    +5.7% Q1'26: -0.9% (vs Q1'25)
  • EBIT margin Business Equipment & Supplies: +8.5%
    +5.9% Q1'26: +6.9% (vs Q1'25)
  • ROIC Business Equipment & Supplies: +6.9%
    +51.5% Q1'26: +30.9% (vs Q1'25)
  • Share dilution Business Equipment & Supplies: +0.1%
    -0.5% Q1'26: -0.1% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Business Equipment & Supplies: -1.46×
    0.29× Q1'26: 0.38× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.66) × ERP
WACC = 98% × Ke + 2% × Kd (5.6%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 39.84 Current price: 22.10
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
10 Rev. Ana.
8 EPS Ana.
Dec 2027
10 Rev. Ana.
10 EPS Ana.
Dec 2028
7 Rev. Ana.
7 EPS Ana.
Revenue
3.75B
est: 3.73B (+0.5%)
4.66B
est: 4.66B (+0.0%)
6.36B
est: 6.05B (+5.0%)
8.53B
est: 8.58B (-0.5%)
11.14B
est: 10.96B (+1.6%)
13.14B
est: 12.86B (+2.2%)
17.61B
est: 17.40B (+1.2%)
20.00B
est: 20.11B (-0.6%)
23.35B
est: 24.44B (-4.5%)
24.23B
est: 25.45B (-4.8%)
25.06B
est: 25.26B (-0.8%)
27.37B
26.19B – 27.79B
+8.4% YoY
29.70B
26.97B – 31.12B
+8.5% YoY
32.34B
32.17B – 32.50B
+8.9% YoY
EBITDA
527.63M
est: 352.15M (+49.8%)
611.87M
est: 440.08M (+39.0%)
757.74M
est: 571.38M (+32.6%)
1.03B
est: 809.61M (+27.3%)
1.40B
est: 1.03B (+35.2%)
1.57B
est: 1.21B (+29.4%)
1.91B
est: 1.64B (+16.5%)
1.67B
est: 1.90B (-11.9%)
2.00B
est: 2.06B (-2.7%)
1.81B
est: 2.14B (-15.6%)
1.71B
est: 2.12B (-19.7%)
2.30B
2.20B – 2.34B
+8.4% YoY
2.50B
2.27B – 2.62B
+8.5% YoY
2.72B
2.71B – 2.73B
+8.9% YoY
EBIT
436.41M
est: 307.74M (+41.8%)
503.07M
est: 384.58M (+30.8%)
635.32M
est: 499.33M (+27.2%)
883.01M
est: 707.51M (+24.8%)
1.23B
est: 904.49M (+35.6%)
1.38B
est: 1.06B (+29.9%)
1.69B
est: 1.44B (+17.6%)
1.43B
est: 1.66B (-14.0%)
1.76B
est: 1.79B (-1.8%)
1.58B
est: 1.86B (-15.5%)
1.47B
est: 1.85B (-20.3%)
2.01B
1.92B – 2.04B
+8.4% YoY
2.18B
1.98B – 2.28B
+8.5% YoY
2.37B
2.36B – 2.38B
+8.9% YoY
Net Income
422.65M
est: 409.36M (+3.2%)
492.92M
est: 503.75M (-2.1%)
634.04M
est: 612.19M (+3.6%)
806.85M
est: 799.89M (+0.9%)
1.06B
est: 1.03B (+2.7%)
1.26B
est: 1.23B (+2.4%)
1.52B
est: 1.50B (+1.4%)
1.28B
est: 1.36B (-5.7%)
1.53B
est: 1.56B (-1.8%)
1.40B
est: 1.48B (-5.6%)
1.31B
est: 1.33B (-1.4%)
1.45B
1.30B – 1.52B
+9.1% YoY
1.69B
1.35B – 1.71B
+16.5% YoY
1.81B
1.41B – 1.97B
+7.0% YoY
SGA
541.50M
est: 427.38M (+26.7%)
704.65M
est: 534.09M (+31.9%)
825.54M
est: 693.45M (+19.0%)
1.03B
est: 982.57M (+4.8%)
1.27B
est: 1.26B (+0.8%)
1.71B
est: 1.47B (+15.8%)
2.14B
est: 1.99B (+7.5%)
2.15B
est: 2.30B (-6.6%)
2.37B
est: 2.72B (-12.9%)
2.72B
est: 2.83B (-3.9%)
2.83B
est: 2.81B (+0.7%)
3.04B
2.91B – 3.09B
+8.4% YoY
3.30B
3.00B – 3.46B
+8.5% YoY
3.59B
3.58B – 3.61B
+8.9% YoY
EPS
0.46
est: 0.44 (+4.4%)
0.54
est: 0.55 (-2.1%)
0.69
est: 0.67 (+3.8%)
0.88
est: 0.87 (+1.3%)
1.15
est: 1.12 (+2.6%)
1.36
est: 1.33 (+2.1%)
1.65
est: 1.63 (+1.5%)
1.39
est: 1.48 (-5.9%)
1.66
est: 1.69 (-1.8%)
1.52
est: 1.65 (-8.1%)
1.43
est: 1.48 (-3.3%)
1.60
1.42 – 1.66
+8.0% YoY
1.76
1.48 – 1.87
+10.4% YoY
1.94
1.54 – 2.15
+10.2% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-12 A 4/5 5/5 4/5 5/5 3/5 3/5 3/5
2026-05-11 A 4/5 5/5 4/5 5/5 3/5 3/5 3/5
2026-05-08 A 4/5 5/5 4/5 5/5 3/5 3/5 3/5
2026-05-07 A 4/5 5/5 4/5 5/5 3/5 3/5 3/5
2026-05-06 A 4/5 5/5 4/5 5/5 3/5 3/5 3/5
2026-04-30 A 4/5 5/5 4/5 5/5 3/5 3/5 3/5
2026-04-29 A 4/5 5/5 4/5 5/5 3/5 3/5 3/5
2026-04-28 A 4/5 5/5 4/5 5/5 3/5 3/5 3/5
2026-04-27 A 4/5 5/5 4/5 5/5 2/5 3/5 3/5
2026-04-24 A 4/5 5/5 4/5 5/5 2/5 3/5 3/5
2026-04-23 A- 4/5 5/5 4/5 5/5 2/5 3/5 2/5
2026-04-22 A- 4/5 5/5 4/5 5/5 2/5 3/5 2/5
2026-04-21 A- 4/5 5/5 4/5 5/5 2/5 3/5 2/5
2026-04-20 A- 4/5 5/5 4/5 5/5 2/5 3/5 2/5
2026-04-17 A- 4/5 5/5 4/5 5/5 2/5 3/5 2/5
2026-04-16 A- 4/5 5/5 4/5 5/5 2/5 3/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
1.99B
OE per share TTM
2.17
Owner's Yield
8.82%
Maintenance CapEx ratio
13.80%
Maint CapEx / Avg PPE
10.5%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 33 ETFs in our universe

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
265.7K
Shares Outstanding
920.97M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Chang Fu Vice President & Director male
Huxiong Chen Vice Chairman, Founder & President male
Kai Bai Board Secretary male
Xianbao Tang Chief Financial Officer male
Xueling Chen Vice President & Director female
Yu Zhai Head of Accounting Agency & Accounting Supervisor
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits