---
title: "Shanghai Smith Adhesive New Material Co., Ltd (603683.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/603683.SH.md"
symbol: "603683.SH"
name: "Shanghai Smith Adhesive New Material Co., Ltd"
industry: "Specialty Chemicals"
datetime: "2026-05-20T14:40:02.941Z"
locales:
  - [en](https://longbridge.com/en/quote/603683.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/603683.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/603683.SH.md)
---

# Shanghai Smith Adhesive New Material Co., Ltd (603683.SH)

## Company Overview

Shanghai Smith Adhesive New Material Co.,Ltd manufactures and sells various adhesive tapes and adhesives in China. The company offers industrial materials, including masking, duct, rice paper, electronics, foam, aluminum foil, covering, double sided, and kraft paper tapes, as well as BOPP tapes; electronic materials, which comprise PET, blue film, transfer, conductive, PE foam, tissue, and fireproof paper tapes; and functional film materials, comprising anti-reflection, anti-glare, OCA optical, high temperature and polyurethane protective films, functional and antistatic AB glue. It also provides thermal management composites, which include synthetic graphite high thermal and graphene thermal conductive films; and specialty paper products, as well as solvent and waterborne acrylic pressure sensitive adhesives. The company offers its products under the Ginnva brand.

| Item | Detail |
|------|--------|
| Industry | Specialty Chemicals |
| Exchange | CN Market |
| Website | [www.smithcn.com](https://www.smithcn.com) |

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


## Longbridge Financial Score™: B
> *Longbridge Financial Score™ — Proprietary multi-factor rating model by Longbridge*
> Updated: 2026-05-20T04:30:09.000Z

**Overall: B (0.34)**

**Industry**: Specialty Chemicals

| Metric | Value |
|--------|-------|
| Industry Ranking | 31 / 154 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Blend - Stocks in which the company has both growth and mature businesses.
- **Scale**: Small - The company's operation has a high degree of growth and volatility, making it easy to achieve high investment returns.

**Multi Score**: B

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 16.99% |  |
| Net Profit YoY | 49.58% |  |
| P/B Ratio | 4.82 |  |
| Dividend Ratio | 0.32% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 8164340470.42 |  |
| Revenue | 2266849515.62 |  |

#### Multi Score Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 6.31% | C |
| Profit Margin | 4.25% | C |
| Gross Margin | 17.32% | D |
| Revenue YoY | 16.99% | B |
| Net Profit YoY | 49.58% | B |
| Total Assets YoY | 20.74% | A |
| Net Assets YoY | 25.10% | A |
| Cash Flow Margin | 202.90% | B |
| OCF YoY | 16.99% | B |
| Turnover | 0.77 | B |
| Gearing Ratio | 47.10% | C |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Shanghai Smith Adhesive New Material Co., Ltd",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "16.99%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "49.58%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "4.82",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "0.32%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "8164340470.42",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "2266849515.62",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "B",
      "indicators": [
        {
          "name": "ROE",
          "value": "6.31%",
          "rating": "C"
        },
        {
          "name": "Profit Margin",
          "value": "4.25%",
          "rating": "C"
        },
        {
          "name": "Gross Margin",
          "value": "17.32%",
          "rating": "D"
        },
        {
          "name": "Revenue YoY",
          "value": "16.99%",
          "rating": "B"
        },
        {
          "name": "Net Profit YoY",
          "value": "49.58%",
          "rating": "B"
        },
        {
          "name": "Total Assets YoY",
          "value": "20.74%",
          "rating": "A"
        },
        {
          "name": "Net Assets YoY",
          "value": "25.10%",
          "rating": "A"
        },
        {
          "name": "Cash Flow Margin",
          "value": "202.90%",
          "rating": "B"
        },
        {
          "name": "OCF YoY",
          "value": "16.99%",
          "rating": "B"
        },
        {
          "name": "Turnover",
          "value": "0.77",
          "rating": "B"
        },
        {
          "name": "Gearing Ratio",
          "value": "47.10%",
          "rating": "C"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 84.93 | 73/154 | 126.92 | 116.63 | 86.30 |
| PB | 4.83 | 113/154 | 5.09 | 4.80 | 3.95 |
| PS (TTM) | 3.61 | 62/154 | 4.01 | 3.75 | 3.14 |
| Dividend Yield | 0.32% | 81/154 | 0.36% | 0.33% | 0.29% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | wanhua (600309.SH) | B | B | B | D | A | B |
| 02 | Ganfeng Lithium (002460.SZ) | B | A | D | C | B | B |
| 03 | NHU (002001.SZ) | A | C | C | B | C | B |
| 04 | DING LONG (300054.SZ) | A | B | C | C | B | B |
| 05 | FEILIHUA (300395.SZ) | B | A | D | A | B | B |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/603683.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/603683.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/603683.SH/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/603683.SH/filings.md)

---

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