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← CockpitCompetitor Analysis › 000488.SZ Shandong Chenming Paper Holdings Co., Ltd. Class AOpen in the cockpit ↗

Shandong Chenming Paper Holdings Co., Ltd. Class A000488.SZCompetitor analysis, valuation and peers

China · CNY·Materials›Pulp & Paper
Momentum neutral 42
Mkt cap
$536M
US dollars, full cap
Free float
71%
of shares outstanding
$/day
$1.81M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-13.8 pp
WACC 5.0%
Hurdle
n/a
no reverse DCF
Next earnings
146 days
1 Apr 2027
Close · CNYCN¥1.88
1D-0.5%
1W-0.5%
1M-10.1%
3M-5.5%
6M-26.9%
YTD-14.6%
1Y-11.7%
ATR %2.6%
52w lowhigh41.1% off high

What Shandong Chenming Paper does

Employees: 8,992

Shandong Chenming Paper at a glance

Size Shandong Chenming Paper (000488.SZ) is a China Materials company (Pulp & Paper) with a market value of $536M, the 3698th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥1.88 on 6 Nov 2026.

Performance Over six months the shares fell 26.9%, against -18.8% for the median peer and -16.4% for the China market (cap-weighted) — 7th lowest of 21 in its peer set.

Growth Revenue grew 0.5% over the last twelve months (peer median -0.7%); the operating margin is -37.4% (peer median 1.4%).

Valuation It trades at 3.5× enterprise value to sales against a peer median of 1.2× (5th most expensive of 21).

Capital Return on invested capital runs 13.8 points below its cost of capital (5.0% WACC).

Next results Next results expected around 1 Apr 2027 (exchange calendar; dates can move).

Relative performance

809010011 May 202611 Aug 20266 Nov 2026Peer median 81000488.SZ 76
Six months, rebased to 100: Shandong Chenming Paper against the median of its 20 peers (local-currency closes).

Shandong Chenming Paper financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥10.9BCN¥6.18BCN¥22.7BCN¥26.6BCN¥32.0B
Revenue growth—-73%-15%-17%—
Gross profit-CN¥1.47B-CN¥2.63BCN¥311MCN¥1.93BCN¥4.38B
EBITDA-CN¥1.77B-CN¥2.98B-CN¥2.37BCN¥1.96BCN¥4.32B
Net income-CN¥5.22B-CN¥8.30B-CN¥7.41B-CN¥1.23BCN¥99.6M
Free cash flow-CN¥264MCN¥241MCN¥2.56BCN¥4.05BCN¥2.51B
Capital expenditureCN¥46.4MCN¥3.21MCN¥69.4MCN¥314MCN¥885M
Total debtCN¥32.8BCN¥32.4BCN¥38.0BCN¥49.2BCN¥52.5B

Quarterly statements and history in the cockpit →

Shandong Chenming Paper competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-30%-20%-10%0%-20%-10%6034296007946031653708002235ENC000576002521605377600356600308JKPAPER00282560328400201219056007930020676004331909000488.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. Shandong Chenming Paper is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%2.5×5×7.5×6034296007946031653708002235ENC000576002521605377600308JKPAPER00282560328400201219056007930020671909000488.SZRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Shandong Chenming Paper is the large dot.

Shandong Chenming Paper competitors and peer comparison

How Shandong Chenming Paper compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Shandong Chenming Paper against its 20 peers (data as of 6 Nov 2026)
Measure000488.SZPeer medianRank in peer set
1-month return-10.1%-10.2%11th highest of 21
6-month return-26.9%-18.8%7th lowest of 21
Distance from 52-week high-41.1%-39.3%10th lowest of 21
Revenue growth (TTM)+0.5%-0.7%10th highest of 21
Operating margin-37.4%1.4%2nd lowest of 20
EV / Sales3.5×1.2×5th most expensive of 21
ROIC minus cost of capital-13.8 pp-5.2 pp2nd lowest of 20

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Shandong Chenming Paper 000488.SZChina$536M-27%0%-37%3.5×n/an/a
Anhui Genuine New Materials 603429.SSChina$539M-33%-37%-46%24.2×n/an/a
Zhangjiagang Freetrade Science & Technology 600794.SSChina$533M-17%-35%-32%5.7×-9.2%-21.8%
Zhejiang Rongsheng Environmental Protection Paper 603165.SSChina$554M-32%+10%2%1.2×n/an/a
Tokushu Tokai Paper 3708.TJapan$494M+34%0%5%1.1×8.5%+4.5%
Xiamen Anne 002235.SZChina$593M-38%+1%-9%8.6×n/an/a
ENCE Energia y Celulosa ENC.MCSpain$608M-9%-1%1%1.5×n/an/a
Guangdong Ganhua Science & Industry 000576.SZChina$469M-17%+81%10%4.1×n/an/a
Qifeng New Material 002521.SZChina$445M-37%-3%4%0.9×-2.0%+3.6%
Hangzhou Huawang New Material Technology 605377.SSChina$655M-20%-13%8%1.1×-7.9%+14.8%
Mudanjiang Hengfeng Paper 600356.SSChina$435M-11%-2%8%1.1×-1.6%+9.0%
Shandong Huatai Paper 600308.SSChina$662M-25%-5%-2%0.6×n/an/a
JK Paper JKPAPER.NSIndia$707M-1%+12%8%1.1×19.8%+20.7%
Shanghai NAR Industrial 002825.SZChina$400M-20%+19%3%1.2×n/an/a
Anhui Linping Circular Development 603284.SSChina$395M-26%+7%n/a0.8×n/an/a
Zhejiang Kan Specialities Material 002012.SZChina$387M-17%+9%1%3.1×41.0%-16.5%
Chung Hwa Pulp 1905.TWTaiwan$373M-11%-7%-9%1.4×n/an/a
Yibin Paper Industry 600793.SSChina$366M-15%-24%5%2.1×4.1%+4.4%
Zhejiang Jingxing Paper Joint Stock 002067.SZChina$787M-27%+18%0%0.9×n/an/a
Guangdong Guanhao High-Tech 600433.SSChina$788M-37%-1%-4%1.4×25.9%+2.0%
Longchen Paper & Packaging 1909.TWTaiwan$364M+1%+4%1%1.1×36.9%+1.5%

Questions

Which companies are Shandong Chenming Paper's closest peers?
The cockpit's peer set: Anhui Genuine New Materials (603429.SS), Zhangjiagang Freetrade Science & Technology (600794.SS), Zhejiang Rongsheng Environmental Protection Paper (603165.SS), Tokushu Tokai Paper (3708.T), Xiamen Anne (002235.SZ), ENCE Energia y Celulosa (ENC.MC), Guangdong Ganhua Science & Industry (000576.SZ), Qifeng New Material (002521.SZ).
Is Shandong Chenming Paper expensive compared with its peers?
On ev / sales it trades at 3.5× against a peer median of 1.2×, 5th most expensive of 21 in its peer set.
How has Shandong Chenming Paper stock performed?
Over six months to 6 Nov 2026 the shares returned -26.9% against -18.8% for the median peer; over one year -11.7%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.