---
title: "Fujian Qingshan Paper Industry Co.,Ltd. (600103.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/600103.SH.md"
symbol: "600103.SH"
name: "Fujian Qingshan Paper Industry Co.,Ltd."
industry: "Paper Products"
datetime: "2026-05-19T21:30:58.614Z"
locales:
  - [en](https://longbridge.com/en/quote/600103.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/600103.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/600103.SH.md)
---

# Fujian Qingshan Paper Industry Co.,Ltd. (600103.SH)

## Company Overview

Fujian Qingshan Paper Industry Co., Ltd., together with its subsidiaries, engages in the production and sale of pulp and paper products in China. The company offers pulp products, including unbleached and bleached wood, natural and bleached bamboo, and wood and dissolving pulps, as well as paper products comprising paper bags, composite base papers, heat-pressed papers, bag papers, and kraft cardboards under the Qingshan brand. It also provides essential oils, wuji creams, and soft pulse products. In addition, the company offers optoelectronic devices that provide optical mode for optical fiber transmission and access systems, such as data centers and data communications block products.

| Item | Detail |
|------|--------|
| Industry | Paper Products |
| Exchange | CN Market |
| Website | [www.qingshanpaper.com](https://www.qingshanpaper.com) |

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


## Longbridge Financial Score™: C
> *Longbridge Financial Score™ — Proprietary multi-factor rating model by Longbridge*
> Updated: 2026-05-19T04:30:08.000Z

**Overall: C (0.53)**

**Industry**: Paper Products

| Metric | Value |
|--------|-------|
| Industry Ranking | 4 / 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**: C

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | -7.82% |  |
| Net Profit YoY | -58.24% |  |
| P/B Ratio | 2.56 |  |
| Dividend Ratio | 0.27% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 10186025629.41 |  |
| Revenue | 2358273883.21 |  |

#### Multi Score Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 0.99% | D |
| Profit Margin | 1.66% | C |
| Gross Margin | 17.12% | D |
| Revenue YoY | -7.82% | D |
| Net Profit YoY | -58.24% | D |
| Total Assets YoY | -1.23% | D |
| Net Assets YoY | 0.69% | C |
| Cash Flow Margin | 560.01% | A |
| OCF YoY | -7.82% | D |
| Turnover | 0.38 | C |
| Gearing Ratio | 28.92% | B |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Fujian Qingshan Paper Industry Co.,Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "-7.82%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "-58.24%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "2.56",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "0.27%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "10186025629.41",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "2358273883.21",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "0.99%",
          "rating": "D"
        },
        {
          "name": "Profit Margin",
          "value": "1.66%",
          "rating": "C"
        },
        {
          "name": "Gross Margin",
          "value": "17.12%",
          "rating": "D"
        },
        {
          "name": "Revenue YoY",
          "value": "-7.82%",
          "rating": "D"
        },
        {
          "name": "Net Profit YoY",
          "value": "-58.24%",
          "rating": "D"
        },
        {
          "name": "Total Assets YoY",
          "value": "-1.23%",
          "rating": "D"
        },
        {
          "name": "Net Assets YoY",
          "value": "0.69%",
          "rating": "C"
        },
        {
          "name": "Cash Flow Margin",
          "value": "560.01%",
          "rating": "A"
        },
        {
          "name": "OCF YoY",
          "value": "-7.82%",
          "rating": "D"
        },
        {
          "name": "Turnover",
          "value": "0.38",
          "rating": "C"
        },
        {
          "name": "Gearing Ratio",
          "value": "28.92%",
          "rating": "B"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 262.08 | 16/25 | 144.40 | 126.80 | 55.44 |
| PB | 2.58 | 16/25 | 2.32 | 2.09 | 1.31 |
| PS (TTM) | 4.35 | 20/25 | 3.88 | 3.50 | 2.03 |
| Dividend Yield | 0.26% | 14/25 | 0.52% | 0.33% | 0.29% |

## 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/600103.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/600103.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/600103.SH/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/600103.SH/filings.md)

---

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