---
title: "Ningbo Changhong Polymer Scientific and Technical Inc. (605008.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/605008.SH.md"
symbol: "605008.SH"
name: "Ningbo Changhong Polymer Scientific and Technical Inc."
industry: "Specialty Chemicals"
datetime: "2026-05-20T07:22:58.849Z"
locales:
  - [en](https://longbridge.com/en/quote/605008.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/605008.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/605008.SH.md)
---

# Ningbo Changhong Polymer Scientific and Technical Inc. (605008.SH)

## Company Overview

Ningbo Changhong Polymer Scientific and Technical Inc. engages in the research, development, production, and sale of styrene-based thermoplastic elastomers in China. It offers Styrene-butadiene-styrene, styrene-ethylene-butylene-styrene, styrene-isoprene-styrene, and styrene-ethylene-propylene-styrene used in rubber products. The company was founded in 2012 and is based in Ningbo, China.

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

## 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: 2026-05-20T04:30:09.000Z

**Overall: C (0.49)**

**Industry**: Specialty Chemicals

| Metric | Value |
|--------|-------|
| Industry Ranking | 78 / 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**: C

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 11.79% |  |
| Net Profit YoY | -253.79% |  |
| P/B Ratio | 4.09 |  |
| Dividend Ratio | 0.00% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 8011239019.44 |  |
| Revenue | 4009454460.19 |  |

#### Multi Score Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | -1.04% | D |
| Profit Margin | -0.51% | D |
| Gross Margin | 5.57% | E |
| Revenue YoY | 11.79% | B |
| Net Profit YoY | -253.79% | E |
| Total Assets YoY | 11.42% | B |
| Net Assets YoY | -0.65% | D |
| Cash Flow Margin | 907.54% | A |
| OCF YoY | 11.79% | B |
| Turnover | 0.64 | B |
| Gearing Ratio | 69.91% | D |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Ningbo Changhong Polymer Scientific and Technical Inc.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "11.79%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "-253.79%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "4.09",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "0.00%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "8011239019.44",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "4009454460.19",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "-1.04%",
          "rating": "D"
        },
        {
          "name": "Profit Margin",
          "value": "-0.51%",
          "rating": "D"
        },
        {
          "name": "Gross Margin",
          "value": "5.57%",
          "rating": "E"
        },
        {
          "name": "Revenue YoY",
          "value": "11.79%",
          "rating": "B"
        },
        {
          "name": "Net Profit YoY",
          "value": "-253.79%",
          "rating": "E"
        },
        {
          "name": "Total Assets YoY",
          "value": "11.42%",
          "rating": "B"
        },
        {
          "name": "Net Assets YoY",
          "value": "-0.65%",
          "rating": "D"
        },
        {
          "name": "Cash Flow Margin",
          "value": "907.54%",
          "rating": "A"
        },
        {
          "name": "OCF YoY",
          "value": "11.79%",
          "rating": "B"
        },
        {
          "name": "Turnover",
          "value": "0.64",
          "rating": "B"
        },
        {
          "name": "Gearing Ratio",
          "value": "69.91%",
          "rating": "D"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | -391.75 | 156/154 | 1253.75 | 1043.26 | 739.72 |
| PB | 4.09 | 97/154 | 5.03 | 4.74 | 4.10 |
| PS (TTM) | 2.00 | 30/154 | 2.74 | 2.44 | 2.03 |
| Dividend Yield | 0.00% | - | 2.08% | 2.01% | 1.97% |

## 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 | FEILIHUA (300395.SZ) | B | A | D | A | B | B |
| 05 | DING LONG (300054.SZ) | A | B | C | C | B | B |

## Institutional View

### Analyst Rating Distribution

> As of 2025-07-23T16:00:00.000Z

Total Analysts: **1**

| Rating | Count | Percentage |
|--------|-------|-----------| 
| Buy | 1 | 100% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 12.38 |
| Highest Target | 20.00 |
| Lowest Target | 20.00 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/605008.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/605008.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/605008.SH/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/605008.SH/filings.md)

---

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