---
title: "Shanghai Skychem Technology Co., Ltd. (688603.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/688603.SH.md"
symbol: "688603.SH"
name: "Shanghai Skychem Technology Co., Ltd."
industry: "Specialty Chemicals"
datetime: "2026-05-21T08:23:32.499Z"
locales:
  - [en](https://longbridge.com/en/quote/688603.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/688603.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/688603.SH.md)
---

# Shanghai Skychem Technology Co., Ltd. (688603.SH)

## Company Overview

Shanghai Skychem Technology Co., Ltd. engages in research and development, production, and sales of functional wet electronic chemicals. The company offers carrier board specialty chemicals, electroless Cu for touch panel and blackening for touch panels, hole metallization, plating, copper surface treatments, and advance packaging products. It serves electronic circuit, semiconductor packaging, display, and new energy industries.

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

**Overall: B (0.31)**

**Industry**: Specialty Chemicals

| Metric | Value |
|--------|-------|
| Industry Ranking | 13 / 154 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Growth - Stocks whose main business is in the growth 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**: B

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 27.83% |  |
| Net Profit YoY | 28.97% |  |
| P/B Ratio | 15.17 |  |
| Dividend Ratio | 0.13% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 18519596796.33 |  |
| Revenue | 513033929.14 |  |

#### Multi Score Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 8.26% | B |
| Profit Margin | 19.00% | A |
| Gross Margin | 37.88% | B |
| Revenue YoY | 27.83% | A |
| Net Profit YoY | 28.97% | B |
| Total Assets YoY | 8.89% | B |
| Net Assets YoY | 8.89% | B |
| Cash Flow Margin | 44.05% | C |
| OCF YoY | 27.83% | A |
| Turnover | 0.39 | C |
| Gearing Ratio | 9.34% | A |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Shanghai Skychem Technology Co., Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "27.83%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "28.97%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "15.17",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "0.13%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "18519596796.33",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "513033929.14",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "B",
      "indicators": [
        {
          "name": "ROE",
          "value": "8.26%",
          "rating": "B"
        },
        {
          "name": "Profit Margin",
          "value": "19.00%",
          "rating": "A"
        },
        {
          "name": "Gross Margin",
          "value": "37.88%",
          "rating": "B"
        },
        {
          "name": "Revenue YoY",
          "value": "27.83%",
          "rating": "A"
        },
        {
          "name": "Net Profit YoY",
          "value": "28.97%",
          "rating": "B"
        },
        {
          "name": "Total Assets YoY",
          "value": "8.89%",
          "rating": "B"
        },
        {
          "name": "Net Assets YoY",
          "value": "8.89%",
          "rating": "B"
        },
        {
          "name": "Cash Flow Margin",
          "value": "44.05%",
          "rating": "C"
        },
        {
          "name": "OCF YoY",
          "value": "27.83%",
          "rating": "A"
        },
        {
          "name": "Turnover",
          "value": "0.39",
          "rating": "C"
        },
        {
          "name": "Gearing Ratio",
          "value": "9.34%",
          "rating": "A"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 190.03 | 104/154 | 139.73 | 125.46 | 106.68 |
| PB | 15.17 | 154/154 | 9.35 | 8.34 | 7.15 |
| PS (TTM) | 36.10 | 158/154 | 24.61 | 22.16 | 19.43 |
| Dividend Yield | 0.14% | 105/154 | 0.31% | 0.26% | 0.23% |

## 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 |

## Institutional View

### Analyst Rating Distribution

> As of 2025-06-29T16:00:00.000Z

Total Analysts: **1**

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

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 142.35 |
| Highest Target | 60.00 |
| Lowest Target | 60.00 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/688603.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/688603.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/688603.SH/news.md)

---

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