---
title: "SCPH (200488.SZ)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/200488.SZ.md"
symbol: "200488.SZ"
name: "SCPH"
industry: "Paper Products"
datetime: "2026-05-20T08:57:01.152Z"
locales:
  - [en](https://longbridge.com/en/quote/200488.SZ.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/200488.SZ.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/200488.SZ.md)
---

# SCPH (200488.SZ)

## Company Overview

Shandong Chenming Paper Holdings Limited engages in the pulp production and paper making in China and internationally. It operates through four segments: Machine Paper, Financial Services, Hotels and Property Rentals, and Other. The company offers culture paper, copperplate paper, coated paper, white cardboard, copy paper, industrial paper, special paper, life paper, newspaper, and thermal and glassine paper, as well as household paper comprising toilet papers, facial tissues, pocket tissues, napkins, and paper towels; and paper making raw materials, machinery, and chemicals. It also generates and sells electric and thermal power; engages in the forestry, saplings growing, and processing and sale of timber and construction materials; manufactures, processes, and sells wood products; purchases and sells waste; and provides wall materials, logistics, panels, and coal, as well as financial leasing, and equipment financial and operating leasing services.

| Item | Detail |
|------|--------|
| Industry | Paper Products |
| Exchange | CN Market |

## Key Drivers
> *AI-analyzed key factors driving this stock's performance*


## Longbridge Financial Score™: E
> *Longbridge Financial Score™ — Proprietary multi-factor rating model by Longbridge*
> Updated: 2026-05-20T04:30:11.000Z

**Overall: E (0.86)**

**Industry**: Paper Products

| Metric | Value |
|--------|-------|
| Industry Ranking | 25 / 25 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Value - Stocks where the company's main business is in a mature stage.
- **Scale**: Small - The company's operation has a high degree of growth and volatility, making it easy to achieve high investment returns.

**Multi Score**: E

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | -48.71% |  |
| Net Profit YoY | 15.29% |  |
| P/B Ratio | 4.24 |  |
| Dividend Ratio | 0.00% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 1766359017.46 |  |
| Revenue | 8076324352.70 |  |

#### Multi Score Score: E

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | -181.15% | E |
| Profit Margin | -87.89% | E |
| Gross Margin | -8.62% | E |
| Revenue YoY | -48.71% | E |
| Net Profit YoY | 15.29% | C |
| Total Assets YoY | -6.74% | D |
| Net Assets YoY | -76.75% | E |
| Cash Flow Margin | 3.56% | D |
| OCF YoY | -48.71% | E |
| Turnover | 0.15 | D |
| Gearing Ratio | 95.58% | E |

```chart-data:radar
{
  "title": "Longbridge Financial Score - SCPH",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "-48.71%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "15.29%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "4.24",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "0.00%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "1766359017.46",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "8076324352.70",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "E",
      "indicators": [
        {
          "name": "ROE",
          "value": "-181.15%",
          "rating": "E"
        },
        {
          "name": "Profit Margin",
          "value": "-87.89%",
          "rating": "E"
        },
        {
          "name": "Gross Margin",
          "value": "-8.62%",
          "rating": "E"
        },
        {
          "name": "Revenue YoY",
          "value": "-48.71%",
          "rating": "E"
        },
        {
          "name": "Net Profit YoY",
          "value": "15.29%",
          "rating": "C"
        },
        {
          "name": "Total Assets YoY",
          "value": "-6.74%",
          "rating": "D"
        },
        {
          "name": "Net Assets YoY",
          "value": "-76.75%",
          "rating": "E"
        },
        {
          "name": "Cash Flow Margin",
          "value": "3.56%",
          "rating": "D"
        },
        {
          "name": "OCF YoY",
          "value": "-48.71%",
          "rating": "E"
        },
        {
          "name": "Turnover",
          "value": "0.15",
          "rating": "D"
        },
        {
          "name": "Gearing Ratio",
          "value": "95.58%",
          "rating": "E"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | -0.24 | 18/25 | - | - | - |
| PB | 4.24 | 20/25 | 0.68 | 0.56 | 0.19 |
| PS (TTM) | 0.21 | 1/25 | 0.31 | 0.26 | 0.09 |
| Dividend Yield | 0.00% | - | - | - | - |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | SUN PAPER (002078.SZ) | B | C | B | C | C | C |
| 02 | Xianhe (603733.SH) | B | B | C | D | B | C |
| 03 | MEILI CLOUD (000815.SZ) | B | D | D | B | C | C |
| 04 | QSZY (600103.SH) | D | D | C | B | C | C |
| 05 | SDBH (600966.SH) | D | C | B | D | B | C |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/200488.SZ/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/200488.SZ/norm.md)
- [Related News](https://longbridge.com/en/quote/200488.SZ/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/200488.SZ/filings.md)

---

> **Disclaimer: This article is for reference only and does not constitute any investment advice.**