---
title: "Guangdong Songyang Recycle Resources Co.,Ltd (603863.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/603863.SH.md"
symbol: "603863.SH"
name: "Guangdong Songyang Recycle Resources Co.,Ltd"
industry: "Paper Products"
datetime: "2026-05-20T15:42:53.213Z"
locales:
  - [en](https://longbridge.com/en/quote/603863.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/603863.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/603863.SH.md)
---

# Guangdong Songyang Recycle Resources Co.,Ltd (603863.SH)

## Company Overview

GuangDong SongYang Recycle Resources CO.,LTD engages in the research and development, production, and sale of recycled paper products in China. It offers white board paper, corrugated paper, and specialty paper. The company was formerly known as Shantou Songyang Paper Industry Co., Ltd. GuangDong SongYang Recycle Resources CO.,LTD was incorporated in 2008 and is headquartered in Shantou, China.

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

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


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

**Overall: D (0.78)**

**Industry**: Paper Products

| Metric | Value |
|--------|-------|
| Industry Ranking | 22 / 25 |
| 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**: D

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | -32.73% |  |
| Net Profit YoY | 17.48% |  |
| P/B Ratio | 15.54 |  |
| Dividend Ratio | 0.00% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 3770207682.21 |  |
| Revenue | 462555095.47 |  |

#### Multi Score Score: D

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | -55.12% | E |
| Profit Margin | -41.31% | E |
| Gross Margin | -3.75% | E |
| Revenue YoY | -32.73% | E |
| Net Profit YoY | 17.48% | B |
| Total Assets YoY | -29.17% | E |
| Net Assets YoY | -46.52% | E |
| Cash Flow Margin | -7.17% | D |
| OCF YoY | -32.73% | E |
| Turnover | 0.42 | C |
| Gearing Ratio | 73.58% | D |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Guangdong Songyang Recycle Resources Co.,Ltd",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "-32.73%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "17.48%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "15.54",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "0.00%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "3770207682.21",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "462555095.47",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "D",
      "indicators": [
        {
          "name": "ROE",
          "value": "-55.12%",
          "rating": "E"
        },
        {
          "name": "Profit Margin",
          "value": "-41.31%",
          "rating": "E"
        },
        {
          "name": "Gross Margin",
          "value": "-3.75%",
          "rating": "E"
        },
        {
          "name": "Revenue YoY",
          "value": "-32.73%",
          "rating": "E"
        },
        {
          "name": "Net Profit YoY",
          "value": "17.48%",
          "rating": "B"
        },
        {
          "name": "Total Assets YoY",
          "value": "-29.17%",
          "rating": "E"
        },
        {
          "name": "Net Assets YoY",
          "value": "-46.52%",
          "rating": "E"
        },
        {
          "name": "Cash Flow Margin",
          "value": "-7.17%",
          "rating": "D"
        },
        {
          "name": "OCF YoY",
          "value": "-32.73%",
          "rating": "E"
        },
        {
          "name": "Turnover",
          "value": "0.42",
          "rating": "C"
        },
        {
          "name": "Gearing Ratio",
          "value": "73.58%",
          "rating": "D"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | -19.54 | 21/25 | - | - | - |
| PB | 15.39 | 25/25 | 11.51 | 10.76 | 7.50 |
| PS (TTM) | 8.07 | 23/25 | 8.07 | 7.59 | 4.91 |
| 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/603863.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/603863.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/603863.SH/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/603863.SH/filings.md)

---

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