---
title: "Shanghai Chemspec Corporation (688602.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/688602.SH.md"
symbol: "688602.SH"
name: "Shanghai Chemspec Corporation"
industry: "Specialty Chemicals"
datetime: "2026-05-21T17:39:02.911Z"
locales:
  - [en](https://longbridge.com/en/quote/688602.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/688602.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/688602.SH.md)
---

# Shanghai Chemspec Corporation (688602.SH)

## Company Overview

Shanghai Chemspec Corporation engages in the research, development, production, and sale of fine chemicals. It offers display material, new energy battery material, silicon and organosilicon materials, electronic chemical, functional materials, other special chemicals. The company also provides pharmaceutical and pesticide chemicals. The company was founded in 1996 and is headquartered in Shanghai, China.

| Item | Detail |
|------|--------|
| Industry | Specialty Chemicals |
| Exchange | CN Market |
| Website | [www.chemspec.com.cn](https://www.chemspec.com.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: 2026-05-21T04:30:13.000Z

**Overall: D (0.62)**

**Industry**: Specialty Chemicals

| Metric | Value |
|--------|-------|
| Industry Ranking | 144 / 155 |
| 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**: D

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | -9.50% |  |
| Net Profit YoY | -172.50% |  |
| P/B Ratio | 1.46 |  |
| Dividend Ratio | 0.00% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 3950029339.16 |  |
| Revenue | 676952838.54 |  |

#### Multi Score Score: D

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | -3.76% | D |
| Profit Margin | -15.30% | D |
| Gross Margin | 15.51% | D |
| Revenue YoY | -9.50% | D |
| Net Profit YoY | -172.50% | E |
| Total Assets YoY | -5.98% | D |
| Net Assets YoY | -3.30% | D |
| Cash Flow Margin | 0.00% | D |
| OCF YoY | -9.50% | D |
| Turnover | 0.21 | D |
| Gearing Ratio | 11.44% | A |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Shanghai Chemspec Corporation",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "-9.50%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "-172.50%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "1.46",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "0.00%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "3950029339.16",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "676952838.54",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "D",
      "indicators": [
        {
          "name": "ROE",
          "value": "-3.76%",
          "rating": "D"
        },
        {
          "name": "Profit Margin",
          "value": "-15.30%",
          "rating": "D"
        },
        {
          "name": "Gross Margin",
          "value": "15.51%",
          "rating": "D"
        },
        {
          "name": "Revenue YoY",
          "value": "-9.50%",
          "rating": "D"
        },
        {
          "name": "Net Profit YoY",
          "value": "-172.50%",
          "rating": "E"
        },
        {
          "name": "Total Assets YoY",
          "value": "-5.98%",
          "rating": "D"
        },
        {
          "name": "Net Assets YoY",
          "value": "-3.30%",
          "rating": "D"
        },
        {
          "name": "Cash Flow Margin",
          "value": "0.00%",
          "rating": "D"
        },
        {
          "name": "OCF YoY",
          "value": "-9.50%",
          "rating": "D"
        },
        {
          "name": "Turnover",
          "value": "0.21",
          "rating": "D"
        },
        {
          "name": "Gearing Ratio",
          "value": "11.44%",
          "rating": "A"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | -35.10 | 136/155 | - | - | - |
| PB | 1.39 | 12/155 | 1.68 | 1.58 | 1.51 |
| PS (TTM) | 5.58 | 100/155 | 6.28 | 5.89 | 5.68 |
| Dividend Yield | 0.00% | - | 0.80% | 0.79% | 0.78% |

## 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/688602.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/688602.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/688602.SH/news.md)

---

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