SHH Equity Snapshot

600103 Weekly Equity Report

Fujian Qingshan Paper Industry Co., Ltd.

Latest Close 3.50 CNY 12 Jun 2026
1W Return -9.1% latest completed week
4W Return -24.1% short-term follow-through
12W Return -2.8% quarterly tape
Trend Breadth 75.0% 39 of 52 weeks active
Volume Ratio 0.8x vs 13-week average
Company Brief

What the company does

Fujian Qingshan Paper Industry Co., Ltd., together with its subsidiaries, engages in the production and sale of pulp and paper products in China. The company offers pulp products, including unbleached and bleached wood, natural and bleached bamboo, and wood and dissolving pulps, as well as paper products comprising paper bags, composite base papers, heat-pressed papers, bag papers, and kraft cardboards under the Qingshan brand. It also provides essential oils, wuji creams, and soft pulse products. In addition, the company offers optoelectronic devices that provide optical mode for optical fiber transmission and access systems, such as …

Snapshot

What the weekly tape is saying

600103 closed the latest completed week at 3.50 CNY. The 4-week return is -24.1% and the 12-week return is -2.8%. Trend Signal is inactive, Market Dynamics is -0.12. Setup signature: Risk-first tape with a 24/100 composite read.

Trend Signal Inactive
Market Dynamics No fresh buy
Price vs Trend -12.1%
Volume 0.8x
Setup Cockpit

A compressed read of the whole setup

The radar blends trend persistence, momentum, Market Dynamics, Relative Strength, volume confirmation, and risk control into one weekly cockpit.

Composite setup radar

Scoreboard

Trend 41 Persistence of active Trend Signal over the last year and current streak.
Momentum 0 Blend of 4-week and 12-week follow-through.
Dynamics 39 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 32 Relative leadership and short-term RS change.
Volume 33 Participation compared with the 13-week volume baseline.
Risk Control 0 Drawdown and recent weekly volatility pressure.

16-week signal tape

27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun
Weekly return bar Trend Signal dot Positive Market Dynamics dot
Price Action

Price, Trend Line, and Fair Value

Weekly price context with the latest close, trend position, Fair Value gap, drawdown, and 52-week range location.

52-week price path

Price Trend Line Fair Value

Price map

Trend Line
3.98 CNY
Vs Trend Line
-12.1%
Fair Value
2.66 CNY
Vs Fair Value
31.4%
52W High
5.71 CNY
52W Low
2.12 CNY
Drawdown
-38.7%
Range Position
38.5%
Momentum

Returns and trend persistence

Return windows separate the latest week from short-term and medium-term follow-through.

Return windows

1W -9.1%
4W -24.1%
12W -2.8%
26W -17.3%
52W 57.3%

Trend read

Active Streak
0 weeks
52W Active Weeks
39
52W Active Breadth
75.0%
Sector Scope
CN Basic Materials
Sector Rank
693 of 747
Sector Percentile
7.2%
Peer Context

Sector and industry pulse

Peer breadth helps separate a stock-specific move from a broader group rotation.

Market Dynamics

Pressure, Relative Strength, and expectation

Market Dynamics and Relative Strength show whether buying pressure and relative leadership are confirming the price move.

Dynamics path

Market Dynamics Relative Strength

Signal state

Market Dynamics
-0.12
4W MD Change
-111.3%
Relative Strength
-3.17
4W RS Change
-111.5%
Expectation
Negative
Probability
44.52%
Volume

Participation and confirmation

Volume tells us whether the latest weekly move is being confirmed by unusual participation.

52-week volume profile

Volume map

Latest Volume
700.8M
13W Average
887.6M
52W Average
863.4M
Vs 13W
0.8x
Vs 52W
0.8x
Risk Anatomy

Volatility, downside weeks, and return shape

A compact risk profile shows whether the move is steady, volatile, or being driven by sharp one-week jumps.

26-week return distribution

Risk map

13W Volatility
8.8%
52W Volatility
10.3%
Upside Weeks
25
Downside Weeks
25
Downside Breadth
48.1%
Avg Gain / Loss
8.2% / -5.4%
Context

Classification, opportunities, risks, and watch points

Top-level read across company classification, constructive evidence, caution points, and the next things that matter.

Classification

Exchange
SHH
Country
CN
Sector
Basic Materials
Industry
Paper & Paper Products
Currency
CNY
Market Cap
8.3B

Opportunity signals

  • Price is above Fair Value, showing premium demand versus the model.

Risk signals

  • Trend Signal is inactive, so price action has not confirmed a constructive regime.
  • Price is below the Trend Line, which keeps downside pressure in focus.
  • Market Dynamics is negative, which weakens the current setup.
  • The share remains more than 20% below its 52-week high.
  • The latest week was a sharp negative move.

Watch next

  • Trend Line remains the key weekly regime level.
  • Market Dynamics is the pressure gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
Weekly Tape

Recent completed weeks

The latest weekly rows behind the report snapshot.

Week Close Return Trend Fair Value MD RS Volume Signal
12 Jun 2026 3.50 CNY -9.1% 3.98 CNY 2.66 CNY -0.12 -3.17 700.8M Off
5 Jun 2026 3.85 CNY 3.8% 3.99 CNY 2.66 CNY 0.24 7.10 1.0B On
29 May 2026 3.71 CNY -11.9% 3.98 CNY 2.65 CNY 0.54 2.84 449.1M On
22 May 2026 4.21 CNY -8.7% 3.98 CNY 2.64 CNY 0.80 16.16 591.6M On
15 May 2026 4.61 CNY -5.9% 3.95 CNY 2.63 CNY 1.03 27.54 1.0B On
8 May 2026 4.90 CNY 10.1% 3.91 CNY 2.62 CNY 0.98 35.50 791.3M On
1 May 2026 4.45 CNY -8.0% 3.87 CNY 2.60 CNY 0.47 26.59 993.3M On
24 Apr 2026 4.84 CNY 12.8% 3.84 CNY 2.59 CNY -0.09 40.13 2.8B On
17 Apr 2026 4.29 CNY 10.0% 3.83 CNY 2.57 CNY -0.77 26.72 1.8B Off
10 Apr 2026 3.90 CNY 14.3% 3.82 CNY 2.56 CNY -1.27 18.27 328.4M Off
3 Apr 2026 3.41 CNY -2.0% 3.79 CNY 2.55 CNY -1.38 7.06 227.6M Off
27 Mar 2026 3.48 CNY -3.3% 3.75 CNY 2.54 CNY -1.30 8.89 321.7M Off
20 Mar 2026 3.60 CNY -0.8% 3.71 CNY 2.54 CNY -1.24 11.98 443.3M Off
13 Mar 2026 3.63 CNY -2.7% 3.67 CNY 2.53 CNY -1.22 9.77 331.6M On