Sinopec Shanghai Petrochemical Company Limited (HKG: 0338)

Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
1.190
+0.020 (1.71%)
Nov 20, 2024, 4:08 PM HKT
9.17%
Market Cap 27.87B
Revenue (ttm) 98.74B
Net Income (ttm) -722.05M
Shares Out 10.64B
EPS (ttm) -0.06
PE Ratio n/a
Forward PE 19.10
Dividend n/a
Ex-Dividend Date n/a
Volume 9,780,000
Open 1.180
Previous Close 1.170
Day's Range 1.160 - 1.190
52-Week Range 1.000 - 1.430
Beta 0.77
Analysts n/a
Price Target n/a
Earnings Date Oct 25, 2024

About Sinopec Shanghai Petrochemical Company

Sinopec Shanghai Petrochemical Company Limited, together with its subsidiaries, manufactures and sells petroleum and chemical products in the People’s Republic of China. The company operates through Petroleum Products, Intermediate Petrochemicals, Synthetic Fibers, Resins and Plastics, and Trading of Petrochemical Products segments. It offers ethylene oxide , triethylene glycol , isoprene, isopentene, industrial butadiene, ethylene, industrial ethylene glycol, vinyl acetate, piperylene, amyl hydride, petroleum benzene and paraxylene, butylene, ... [Read more]

Sector Energy
Founded 1972
Employees 7,124
Stock Exchange Hong Kong Stock Exchange
Ticker Symbol 0338
Full Company Profile

Financial Performance

In 2023, Sinopec Shanghai Petrochemical Company's revenue was 93.01 billion, an increase of 12.72% compared to the previous year's 82.52 billion. Losses were -1.41 billion, -51.05% less than in 2022.

Financial numbers in CNY Financial Statements

News

Sinopec's Q3 earnings fall 52.1% on lower oil prices, refining margins

Chinese refining giant Sinopec posted a 52.1% year-on-year decline in net profit for the third quarter to 8.54 billion yuan ($1.2 billion) because of lower oil prices and weak refining margins.

24 days ago - Reuters

Sinopec Shanghai Petrochemical Company Limited Intends to Deregister and Terminate Its Reporting Obligations Under the U.S. Securities Exchange Act of 1934

SHANGHAI, CHINA / ACCESSWIRE / March 15, 2024 / Sinopec Shanghai Petrochemical Company Limited (the "Company")(OTC PINK:SPTJF)(HKEX:00338)(SSE:600688) announced today that the Company intends to dereg...

8 months ago - Accesswire

Sinopec sets up new entity to expand refinery investment abroad

China's Sinopec Corp is setting up a new entity to invest in refinery and petrochemical assets overseas in a bid to leverage its expertise and deep pockets to expand globally as local Chinese oil dema...

1 year ago - Reuters

China's Sinopec Corp begins first carbon capture, plans on building 2 more by 2025

Chinese energy company, Sinopec Corporation, recently built the largest carbon capture center in China, and plans on building two more by 2025.

2 years ago - Fox Business

Five Chinese state-owned companies set to leave the New York Stock Exchange

Yahoo Finance Live looks at several Chinese stocks reportedly scheduled to de-list from the NYSE.

2 years ago - Yahoo Finance

Sinopec Shanghai Petrochemical Company Limited Announces Intention to Delist American Depositary Shares from the New York Stock Exchange and Intention to Deregister and Terminate Reporting Obligations

NEW YORK, NY / ACCESSWIRE / August 12, 2022 / Sinopec Shanghai Petrochemical Company Limited (the "Company") (NYSE:SHI) (HKEX:00338) (SSE:600688) announced today that the Company notified the New York...

2 years ago - Accesswire

US regulators reportedly are in China for talks about corporate audits as more than 100 companies face stock delistings

A larger team of US auditing regulators may go to China this year to conduct on-site inspections of local auditors, Reuters reported.

2 years ago - Business Insider

Sinopec Shanghai Petrochemical Company Limited Files 2021 Annual Report on Form 20-F

NEW YORK, NY / ACCESSWIRE / April 28, 2022 / Sinopec Shanghai Petrochemical Company Limited (the "Company") (HKEx:338)(SSE:600688) (NYSE:SHI) announced today that its Form 20-F for the fiscal year end...

2 years ago - Accesswire

Sinopec incurs $244 million loss on Q1 LNG imports - company exec

China's Sinopec Corp incurred a loss of 1.6 billion yuan ($243.58 million) on its LNG imports in the first quarter due to high import costs, a company executive said on an earnings call on Thursday.

2 years ago - Reuters

China's Sinopec plans its biggest capital expenditure in history

China Petroleum & Chemical Corp, better known as Sinopec, is planning its highest capital investment in history for 2022 after recording its best profit in a decade, echoing Beijing's call for energy ...

2 years ago - Reuters

Sinopec Shanghai: Profit Alert In The Spotlight

Sinopec Shanghai issued a profit alert for fiscal 2021, which suggests that the company's Q4 2021 financial performance could be disappointing. Also, Sinopec Shanghai has seen a slowdown in petroleum ...

3 years ago - Seeking Alpha

China's Sinopec completes successful trial of crude to olefin technology

China's Sinopec Corp said on Wednesday it completed a successful trial processing crude oil directly into olefin, making the top Asian refiner one of the world's few companies that have applied the te...

3 years ago - Reuters

8 Of The Top 10 Global Fortune 500 Dividend Dogs Are Ideal In October

August/September Fortune published the latest 500 "world's largest companies globally in 2020" (based on revenues) and 33 pay dividends. "A pandemic couldn't disrupt the top spot on the Fortune Global...

3 years ago - Seeking Alpha

Sinopec Shanghai: All Eyes On Earnings Recovery And Dividends

Sinopec Shanghai's share price performed very well in early-September as it was likely the subject of short-term speculative activity which I think will not be sustained. Sinopec Shanghai's Q2 2021 re...

3 years ago - Seeking Alpha

9 Ideal Dividend Dogs Top Global Fortune 500 List Just Out

August/September Fortune published the latest 500 "world's largest companies globally in 2020" (based on revenues) and 33 pay dividends. "A pandemic couldn't disrupt, the top-spot on the Fortune Globa...

3 years ago - Seeking Alpha

Sinopec Shanghai Petrochemical Company Limited Files 2020 Annual Report on Form 20-F

NEW YORK, NY / ACCESSWIRE / April 28, 2021 / Sinopec Shanghai Petrochemical Company Limited (the "Company") (HKEx:338)(SSE:600688)(NYSE:SHI) announced today that its Form 20-F for the fiscal year ende...

3 years ago - Accesswire

Nio-Sinopec Partnership Launches With Power Swap Station 2.0: What EV Investors Need To Know

NIO Inc. (NYSE: NIO) held to its mid-April schedule for announcing a strategic partnership agreement with Chinese oil giant Sinopec Shanghai Petrochemical Company Limited (NYSE: SHI). Rumors of a pote...

3 years ago - Benzinga

Shanghai Petrochemical Announces 2020 Annual Results Operation Further Optimized and Company Competitiveness Leapfrogged

HONG KONG / ACCESSWIRE / March 24, 2021 / Sinopec Shanghai Petrochemical Company Limited ("Shanghai Petrochemical" or the "Company", together with its subsidiaries known as the "Group") (HKEX:00338)(S...

3 years ago - Accesswire

Exclusive: China ramps up U.S. oil purchases ahead of trade deal review - sources

U.S. crude oil shipments to China will rise sharply in coming weeks, U.S. traders and shipbrokers and Chinese importers said, as the world's top economies gear up to review a January deal after a prol...

4 years ago - Reuters

SIG plc slumps after resignation of CEO and CFO

SIG plc SHI, -18.51% dropped 18% in London trade as CEO Meinie Oldersma and CFO Nick Maddock abruptly resigned from the insulation supplier that's a component of the FTSE 250.

5 years ago - Market Watch

Exclusive: Sinopec to review potential $16 billion U.S. gas deal with Cheniere - sources

China's Sinopec, expected to be the next major Chinese buyer of U.S. liquefied natural gas (LNG), is planning to review terms of a potential $16 billion supply deal with Cheniere Energy after a sharp ...

5 years ago - Reuters

11 Chinese Stock Plays On Trade War Weakness

U.S.-listed Chinese stocks have taken a beating in the past six months, with the iShares FTSE/Xinhua China 25 Index (NYSE: FXI) down 11.8% overall in that time.

5 years ago - Benzinga