Shandong Chenming Paper Holdings' continuous decline in share price and revenue, along with lack of profitability, has led to a negative outlook. The company's performance has been worse than the broader market decline, indicating a potential need for a turnaround strategy.

Shandong Chenming Paper Holdings' low P/S ratio is due to poor revenue performance and expectations of this trend continuing. The weak outlook pressures the company's shares, with significant stock price rise unlikely without substantial revenue performance change.