---
title: "Minfeng Special Paper Co., ltd. (600235.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/600235.SH.md"
symbol: "600235.SH"
name: "Minfeng Special Paper Co., ltd."
industry: "Paper Products"
datetime: "2026-03-13T18:32:35.326Z"
locales:
  - [en](https://longbridge.com/en/quote/600235.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/600235.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/600235.SH.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/quote/600235.SH.md) | [繁體中文](https://longbridge.com/zh-HK/quote/600235.SH.md)


# Minfeng Special Paper Co., ltd. (600235.SH)

## Company Overview

Minfeng Special Paper Co.,Ltd. manufactures and sells papers in China. It offers cigarette, shaping, plug wrap, tipping base, tracing, translucent, transparent, glassine and coated, wet strength label, aluminized base, and released base papers. The company was founded in 1923 and is based in Jiaxing, China.

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

## 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: 2026-03-13T04:30:12.000Z

**Overall: C (0.59)**

**Industry**: Paper Products

| Metric | Value |
|--------|-------|
| Industry Ranking | 18 / 25 |
| 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**: C

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | -25.70% |  |
| Net Profit YoY | -63.11% |  |
| P/B Ratio | 1.66 |  |
| Dividend Ratio | 0.24% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 2519848146.91 |  |
| Revenue | 1184723537.02 |  |

#### Multi Score Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 1.98% | C |
| Profit Margin | 2.51% | C |
| Gross Margin | 16.18% | D |
| Revenue YoY | -25.70% | E |
| Net Profit YoY | -63.11% | D |
| Total Assets YoY | 6.62% | B |
| Net Assets YoY | 1.59% | C |
| Cash Flow Margin | 3991.94% | A |
| OCF YoY | -25.70% | E |
| Turnover | 0.40 | C |
| Gearing Ratio | 50.63% | C |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Minfeng Special Paper Co., ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "-25.70%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "-63.11%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "1.66",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "0.24%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "2519848146.91",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "1184723537.02",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "1.98%",
          "rating": "C"
        },
        {
          "name": "Profit Margin",
          "value": "2.51%",
          "rating": "C"
        },
        {
          "name": "Gross Margin",
          "value": "16.18%",
          "rating": "D"
        },
        {
          "name": "Revenue YoY",
          "value": "-25.70%",
          "rating": "E"
        },
        {
          "name": "Net Profit YoY",
          "value": "-63.11%",
          "rating": "D"
        },
        {
          "name": "Total Assets YoY",
          "value": "6.62%",
          "rating": "B"
        },
        {
          "name": "Net Assets YoY",
          "value": "1.59%",
          "rating": "C"
        },
        {
          "name": "Cash Flow Margin",
          "value": "3991.94%",
          "rating": "A"
        },
        {
          "name": "OCF YoY",
          "value": "-25.70%",
          "rating": "E"
        },
        {
          "name": "Turnover",
          "value": "0.40",
          "rating": "C"
        },
        {
          "name": "Gearing Ratio",
          "value": "50.63%",
          "rating": "C"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 84.91 | 13/25 | 81.95 | 61.27 | 47.27 |
| PB | 1.66 | 11/25 | 1.63 | 1.55 | 1.42 |
| PS (TTM) | 2.13 | 18/25 | 2.05 | 1.85 | 1.53 |
| Dividend Yield | 0.24% | 15/25 | 1.01% | 0.92% | 0.24% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | Cre8 Direct (300703.SZ) | B | A | A | C | A | B |
| 02 | HENGFENG PAPER (600356.SH) | C | C | B | B | B | B |
| 03 | SUN PAPER (002078.SZ) | B | D | E | A | C | C |
| 04 | Xianhe (603733.SH) | B | B | C | D | B | C |
| 05 | SDBH (600966.SH) | D | C | B | D | B | C |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/600235.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/600235.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/600235.SH/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/600235.SH/filings.md)

---

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