{"ticker": {"uuid": "8783d73d-ae6e-459d-93ce-5b3386447fb0", "symbol": "000488", "name": "Shandong Chenming Paper Holdings Limited", "exchange": "SHZ", "asset_type": "equity"}, "latest_week": "2026-06-12", "summary": "000488 closed the latest completed week at 2.17 CNY. The 4-week return is -7.7% and the 12-week return is -26.2%. Trend Signal is inactive, Market Dynamics is -1.02.", "description": "Shandong Chenming Paper Holdings Limited engages in the pulp production and paper making in China and internationally. It operates through four segments: Machine Paper, Financial Services, Hotels and Property Rentals, and Other. The company offers culture paper, copperplate paper, coated paper, white cardboard, copy paper, industrial paper, special paper, life paper, newspaper, and thermal and glassine paper, as well as household paper comprising toilet papers, facial tissues, pocket tissues, napkins, and paper towels; and paper making raw materials, machinery, and chemicals. It also generates and sells electric and thermal power; engages in the forestry, saplings growing, and processing and sale of timber and construction materials; manufactures, processes, and sells wood products; purchases and sells waste; and provides wall materials, logistics, panels, and coal, as well as financial leasing, and equipment financial and operating leasing services. In addition, the company is involved in the provision of catering, hotel, marketing, capital market, funding, arboriculture, logistics, transportation, printing and packaging, machinery manufacturing, trading, property investment and management, commerce, business factoring, investment management, wholesale and retail, investment, finance, port, cargo transportation, and business services activities. Further, it engages in the electricity, tea, property, and real estate business. Shandong Chenming Paper Holdings Limited was founded in 1993 and is headquartered in Shouguang, China.", "setup_signature": "Risk-first tape", "composite_score": "15", "kpis": [{"label": "Latest Close", "value": "2.17 CNY", "hint": "2026-06-12"}, {"label": "1W Return", "value": "0.9%", "tone": "positive", "hint": "latest completed week"}, {"label": "4W Return", "value": "-7.7%", "tone": "negative", "hint": "short-term follow-through"}, {"label": "12W Return", "value": "-26.2%", "tone": "negative", "hint": "quarterly tape"}, {"label": "Trend Breadth", "value": "67.3%", "hint": "35 of 52 weeks active"}, {"label": "Volume Ratio", "value": "0.6x", "hint": "vs 13-week average"}], "classification": {"exchange": "SHZ", "country": "CN", "sector": "Basic Materials", "industry": "Paper & Paper Products", "currency": "CNY", "market_cap": "6.7B"}, "price": {"trend_line": "2.35 CNY", "fair_value": "3.11 CNY", "vs_trend": "-7.8%", "vs_fair_value": "-30.2%", "high_52": "3.19 CNY", "low_52": "1.85 CNY", "drawdown": "-32.0%", "range_position": "23.9%"}, "momentum": {"returns": [{"label": "1W", "value": 0.9302325581395358, "value_label": "0.9%", "tone": "positive", "width": 4}, {"label": "4W", "value": -7.659574468085113, "value_label": "-7.7%", "tone": "negative", "width": 21.88449848024318}, {"label": "12W", "value": -26.190476190476193, "value_label": "-26.2%", "tone": "negative", "width": 74.82993197278913}, {"label": "26W", "value": 5.853658536585372, "value_label": "5.9%", "tone": "positive", "width": 16.724738675958207}, {"label": "52W", "value": 10.15228426395939, "value_label": "10.2%", "tone": "positive", "width": 29.006526468455395}], "trend_streak": 0, "active_weeks": 35, "active_breadth": "67.3%", "peer": {"scope": "CN Basic Materials", "count": 747, "rank": 240, "percentile": 67.96246648793566, "avg_weekly_return": -0.28286640723710527}}, "setup": {"scores": [{"label": "Trend", "value": 37.019230769230774, "value_label": "37", "width": 37.019230769230774, "tone": "neutral", "description": "Persistence of active Trend Signal over the last year and current streak."}, {"label": "Momentum", "value": 8.81155015197567, "value_label": "9", "width": 8.81155015197567, "tone": "negative", "description": "Blend of 4-week and 12-week follow-through."}, {"label": "Dynamics", "value": 0, "value_label": "0", "width": 4, "tone": "negative", "description": "Latest Market Dynamics and whether pressure has improved over four weeks."}, {"label": "Relative Strength", "value": 5.227324929578447, "value_label": "5", "width": 5.227324929578447, "tone": "negative", "description": "Relative leadership and short-term RS change."}, {"label": "Volume", "value": 25.81912989717292, "value_label": "26", "width": 25.81912989717292, "tone": "negative", "description": "Participation compared with the 13-week volume baseline."}, {"label": "Risk Control", "value": 13.608689996452924, "value_label": "14", "width": 13.608689996452924, "tone": "negative", "description": "Drawdown and recent weekly volatility pressure."}], "timeline": [{"week": "27 Feb", "return": 4.3859649122807065, "return_label": "4.4%", "tone": "positive", "trend": true, "buy_signal": true, "positive_md": true, "height": 36.54970760233922}, {"week": "6 Mar", "return": 4.201680672268911, "return_label": "4.2%", "tone": "positive", "trend": true, "buy_signal": false, "positive_md": true, "height": 35.01400560224093}, {"week": "13 Mar", "return": 11.290322580645155, "return_label": "11.3%", "tone": "positive", "trend": true, "buy_signal": false, "positive_md": true, "height": 94.0860215053763}, {"week": "20 Mar", "return": 6.521739130434789, "return_label": "6.5%", "tone": "positive", "trend": true, "buy_signal": false, "positive_md": true, "height": 54.34782608695657}, {"week": "27 Mar", "return": -2.3809523809523756, "return_label": "-2.4%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": true, "height": 19.841269841269796}, {"week": "3 Apr", "return": -6.271777003484326, "return_label": "-6.3%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": true, "height": 52.264808362369386}, {"week": "10 Apr", "return": -1.8587360594795475, "return_label": "-1.9%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": true, "height": 15.489467162329563}, {"week": "17 Apr", "return": -0.3787878787878875, "return_label": "-0.4%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": true, "height": 4}, {"week": "24 Apr", "return": 4.942965779467677, "return_label": "4.9%", "tone": "positive", "trend": true, "buy_signal": false, "positive_md": true, "height": 41.19138149556398}, {"week": "1 May", "return": -6.884057971014491, "return_label": "-6.9%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": true, "height": 57.3671497584541}, {"week": "8 May", "return": -2.3346303501945544, "return_label": "-2.3%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": true, "height": 19.455252918287954}, {"week": "15 May", "return": -6.3745019920318615, "return_label": "-6.4%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": true, "height": 53.12084993359885}, {"week": "22 May", "return": -2.5531914893617045, "return_label": "-2.6%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": false, "height": 21.276595744680872}, {"week": "29 May", "return": -0.4366812227074336, "return_label": "-0.4%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 4}, {"week": "5 Jun", "return": -5.701754385964907, "return_label": "-5.7%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 47.51461988304089}, {"week": "12 Jun", "return": 0.9302325581395358, "return_label": "0.9%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": false, "height": 7.751937984496131}]}, "groups": {"sector": {"scope": "CN Basic Materials", "count": 100, "avg_weekly_return": 3.765050454398446, "avg_four_week_return": 2.803823705721941, "avg_twelve_week_return": 25.787106552574013, "trend_breadth": 48.0, "positive_md_breadth": 34.0, "positive_rs_breadth": 62.0, "week_rank": null, "four_week_rank": null, "twelve_week_rank": null, "top_peers": [{"id": 58479, "symbol": "688146", "name": "Peric Special Gases Co., Ltd.", "exchange": "SHH", "url": "/terminal/a2ea6138-9f76-46b6-aede-925224e723a2/report/", "weekly_return": 30.673704596626255, "weekly_return_label": "30.7%", "weekly_return_tone": "positive", "four_week_return": 107.48883117508421, "four_week_return_label": "107.5%", "four_week_return_tone": "positive", "twelve_week_return": 624.9159865578494, "twelve_week_return_label": "624.9%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": true, "positive_rs": true}, {"id": 54738, "symbol": "600378", "name": "Haohua Chemical Science & Technology Corp., Ltd.", "exchange": "SHH", "url": "/terminal/2355b1ae-9795-4b88-9238-191cd9aaec5d/report/", "weekly_return": 23.396596236181562, "weekly_return_label": "23.4%", "weekly_return_tone": "positive", "four_week_return": 55.707587427491426, "four_week_return_label": "55.7%", "four_week_return_tone": "positive", "twelve_week_return": 81.42857777777778, "twelve_week_return_label": "81.4%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": true, "positive_rs": true}, {"id": 57035, "symbol": "603256", "name": "Grace Fabric Technology Co.,Ltd.", "exchange": "SHH", "url": "/terminal/d007f232-b6df-4cea-97fa-6091bf6bdbb8/report/", "weekly_return": 6.072114527229498, "weekly_return_label": "6.1%", "weekly_return_tone": "positive", "four_week_return": 55.08201312641796, "four_week_return_label": "55.1%", "four_week_return_tone": "positive", "twelve_week_return": 224.32138141408365, "twelve_week_return_label": "224.3%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": true, "positive_rs": true}, {"id": 58685, "symbol": "688300", "name": "Novoray Corporation", "exchange": "SHH", "url": "/terminal/f8bacf2a-815d-47a0-94f9-531f46dcf625/report/", "weekly_return": 19.98148791401501, "weekly_return_label": "20.0%", "weekly_return_tone": "positive", "four_week_return": 54.22968561451831, "four_week_return_label": "54.2%", "four_week_return_tone": "positive", "twelve_week_return": 133.4988771604311, "twelve_week_return_label": "133.5%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": true, "positive_rs": true}, {"id": 56516, "symbol": "301511", "name": "Jiujiang Defu Technology Co., Limited", "exchange": "SHZ", "url": "/terminal/2578da20-f40d-44ef-bbe6-6faf948575e9/report/", "weekly_return": 15.698740585774063, "weekly_return_label": "15.7%", "weekly_return_tone": "positive", "four_week_return": 50.89717300258919, "four_week_return_label": "50.9%", "four_week_return_tone": "positive", "twelve_week_return": 283.98388600705016, "twelve_week_return_label": "284.0%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": true, "positive_rs": true}]}, "industry": {"scope": "CN Paper & Paper Products", "count": 24, "avg_weekly_return": -2.536385256252131, "avg_four_week_return": -9.794048233942979, "avg_twelve_week_return": -10.067479454445085, "trend_breadth": 16.666666666666664, "positive_md_breadth": 12.5, "positive_rs_breadth": 8.333333333333332, "week_rank": 6, "four_week_rank": 6, "twelve_week_rank": 23, "top_peers": [{"id": 57800, "symbol": "603733", "name": "Xianhe Co.,Ltd.", "exchange": "SHH", "url": "/terminal/57b98224-a251-41ba-83a3-e82b80c57ba9/report/", "weekly_return": 10.576547897039031, "weekly_return_label": "10.6%", "weekly_return_tone": "positive", "four_week_return": 37.511872626394705, "four_week_return_label": "37.5%", "four_week_return_tone": "positive", "twelve_week_return": 30.274399460188935, "twelve_week_return_label": "30.3%", "twelve_week_return_tone": "positive", "trend_active": false, "positive_md": true, "positive_rs": true}, {"id": 57718, "symbol": "603687", "name": "Zhejiang Great Shengda Packaging Co.,Ltd.", "exchange": "SHH", "url": "/terminal/a869efc9-a7f9-4ace-95be-c54c9b832e9e/report/", "weekly_return": -1.7112405502010337, "weekly_return_label": "-1.7%", "weekly_return_tone": "negative", "four_week_return": 18.199350482315115, "four_week_return_label": "18.2%", "four_week_return_tone": "positive", "twelve_week_return": 37.266609410007476, "twelve_week_return_label": "37.3%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": true, "positive_rs": true}, {"id": 55057, "symbol": "600567", "name": "Shanying International Holdings Co.,Ltd", "exchange": "SHH", "url": "/terminal/d1fb6148-7dfa-4c5c-99b0-1579a99294b9/report/", "weekly_return": 6.666666666666655, "weekly_return_label": "6.7%", "weekly_return_tone": "positive", "four_week_return": 2.85714285714286, "four_week_return_label": "2.9%", "four_week_return_tone": "positive", "twelve_week_return": -9.433962264150951, "twelve_week_return_label": "-9.4%", "twelve_week_return_tone": "negative", "trend_active": false, "positive_md": false, "positive_rs": false}, {"id": 53013, "symbol": "002078", "name": "Shandong Sunpaper Co., Ltd.", "exchange": "SHZ", "url": "/terminal/3d63447b-0160-4411-a091-e17a8b20ace2/report/", "weekly_return": 4.400606980273142, "weekly_return_label": "4.4%", "weekly_return_tone": "positive", "four_week_return": 0.5113221329437567, "four_week_return_label": "0.5%", "four_week_return_tone": "positive", "twelve_week_return": -9.592641261498034, "twelve_week_return_label": "-9.6%", "twelve_week_return_tone": "negative", "trend_active": false, "positive_md": false, "positive_rs": false}, {"id": 52903, "symbol": "002012", "name": "Zhejiang Kan Specialities Material Co., Ltd.", "exchange": "SHZ", "url": "/terminal/26520d67-abae-4ca7-95ac-6f106b16ed6b/report/", "weekly_return": -7.8740157480315025, "weekly_return_label": "-7.9%", "weekly_return_tone": "negative", "four_week_return": -0.6047394548637288, "four_week_return_label": "-0.6%", "four_week_return_tone": "negative", "twelve_week_return": 4.254581966600806, "twelve_week_return_label": "4.3%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": true, "positive_rs": false}]}}, "dynamics": {"market_dynamics": "-1.02", "market_dynamics_tone": "negative", "md_4_change": "-11117.5%", "relative_strength": "-14.59", "rs_4_change": "-12.5%", "expectation": "Negative", "expectation_probability": "38.95%"}, "volume": {"latest": "81.2M", "average_13": "132.1M", "average_52": "138.0M", "ratio_13": "0.6x", "ratio_52": "0.6x"}, "risk": {"volatility_13": "4.0%", "volatility_52": "4.7%", "downside_weeks": 28, "upside_weeks": 23, "downside_breadth": "53.8%", "average_gain": "4.1%", "average_loss": "-2.9%"}, "signals": [{"label": "Trend Signal", "value": "Inactive", "tone": "negative"}, {"label": "Market Dynamics", "value": "No fresh buy", "tone": "neutral"}, {"label": "Price vs Trend", "value": "-7.8%", "tone": "negative"}, {"label": "Volume", "value": "0.6x", "tone": "neutral"}], "opportunities": ["No strong opportunity cluster is confirmed yet; monitor trend and Market Dynamics."], "risks": ["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.", "Price is below Fair Value, so the market is still discounting the latest tape.", "Market Dynamics is negative, which weakens the current setup.", "The share remains more than 20% below its 52-week high."], "watch_points": ["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."], "recent_rows": [{"week": "2026-06-12", "close": "2.17 CNY", "weekly_return": 0.9302325581395358, "weekly_return_label": "0.9%", "weekly_return_tone": "positive", "trend_line": "2.35 CNY", "fair_value": "3.11 CNY", "market_dynamics": "-1.02", "relative_strength": "-14.59", "volume": "81.2M", "trend_signal": "Off"}, {"week": "2026-06-05", "close": "2.15 CNY", "weekly_return": -5.701754385964907, "weekly_return_label": "-5.7%", "weekly_return_tone": "negative", "trend_line": "2.35 CNY", "fair_value": "3.12 CNY", "market_dynamics": "-0.91", "relative_strength": "-17.77", "volume": "63.4M", "trend_signal": "Off"}, {"week": "2026-05-29", "close": "2.28 CNY", "weekly_return": -0.4366812227074336, "weekly_return_label": "-0.4%", "weekly_return_tone": "negative", "trend_line": "2.35 CNY", "fair_value": "3.14 CNY", "market_dynamics": "-0.69", "relative_strength": "-14.80", "volume": "71.2M", "trend_signal": "Off"}, {"week": "2026-05-22", "close": "2.29 CNY", "weekly_return": -2.5531914893617045, "weekly_return_label": "-2.6%", "weekly_return_tone": "negative", "trend_line": "2.34 CNY", "fair_value": "3.16 CNY", "market_dynamics": "-0.40", "relative_strength": "-15.02", "volume": "97.4M", "trend_signal": "On"}, {"week": "2026-05-15", "close": "2.35 CNY", "weekly_return": -6.3745019920318615, "weekly_return_label": "-6.4%", "weekly_return_tone": "negative", "trend_line": "2.33 CNY", "fair_value": "3.18 CNY", "market_dynamics": "0.01", "relative_strength": "-12.97", "volume": "89.3M", "trend_signal": "On"}, {"week": "2026-05-08", "close": "2.51 CNY", "weekly_return": -2.3346303501945544, "weekly_return_label": "-2.3%", "weekly_return_tone": "negative", "trend_line": "2.33 CNY", "fair_value": "3.19 CNY", "market_dynamics": "0.30", "relative_strength": "-7.45", "volume": "60.8M", "trend_signal": "On"}, {"week": "2026-05-01", "close": "2.57 CNY", "weekly_return": -6.884057971014491, "weekly_return_label": "-6.9%", "weekly_return_tone": "negative", "trend_line": "2.31 CNY", "fair_value": "3.21 CNY", "market_dynamics": "0.53", "relative_strength": "-2.55", "volume": "113.8M", "trend_signal": "On"}, {"week": "2026-04-24", "close": "2.76 CNY", "weekly_return": 4.942965779467677, "weekly_return_label": "4.9%", "weekly_return_tone": "positive", "trend_line": "2.30 CNY", "fair_value": "3.23 CNY", "market_dynamics": "0.78", "relative_strength": "5.70", "volume": "136.6M", "trend_signal": "On"}, {"week": "2026-04-17", "close": "2.63 CNY", "weekly_return": -0.3787878787878875, "weekly_return_label": "-0.4%", "weekly_return_tone": "negative", "trend_line": "2.28 CNY", "fair_value": "3.24 CNY", "market_dynamics": "1.07", "relative_strength": "1.11", "volume": "80.3M", "trend_signal": "On"}, {"week": "2026-04-10", "close": "2.64 CNY", "weekly_return": -1.8587360594795475, "weekly_return_label": "-1.9%", "weekly_return_tone": "negative", "trend_line": "2.26 CNY", "fair_value": "3.26 CNY", "market_dynamics": "1.46", "relative_strength": "5.51", "volume": "78.3M", "trend_signal": "On"}, {"week": "2026-04-03", "close": "2.69 CNY", "weekly_return": -6.271777003484326, "weekly_return_label": "-6.3%", "weekly_return_tone": "negative", "trend_line": "2.25 CNY", "fair_value": "3.28 CNY", "market_dynamics": "1.82", "relative_strength": "15.23", "volume": "168.5M", "trend_signal": "On"}, {"week": "2026-03-27", "close": "2.87 CNY", "weekly_return": -2.3809523809523756, "weekly_return_label": "-2.4%", "weekly_return_tone": "negative", "trend_line": "2.23 CNY", "fair_value": "3.29 CNY", "market_dynamics": "2.07", "relative_strength": "19.59", "volume": "261.9M", "trend_signal": "On"}, {"week": "2026-03-20", "close": "2.94 CNY", "weekly_return": 6.521739130434789, "weekly_return_label": "6.5%", "weekly_return_tone": "positive", "trend_line": "2.22 CNY", "fair_value": "3.31 CNY", "market_dynamics": "2.06", "relative_strength": "21.90", "volume": "414.4M", "trend_signal": "On"}, {"week": "2026-03-13", "close": "2.76 CNY", "weekly_return": 11.290322580645155, "weekly_return_label": "11.3%", "weekly_return_tone": "positive", "trend_line": "2.19 CNY", "fair_value": "3.32 CNY", "market_dynamics": "1.95", "relative_strength": "11.51", "volume": "469.4M", "trend_signal": "On"}], "chart_url": "/terminal/8783d73d-ae6e-459d-93ce-5b3386447fb0/", "api_path": "/terminal/8783d73d-ae6e-459d-93ce-5b3386447fb0/report/api/"}