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Sinopec Shanghai Petrochemical Company Ltd. (SHI)

NYSE: SHI · IEX Real-Time Price · USD
23.80 -0.93 (-3.76%)
Oct 22, 2021 4:00 PM EDT - Market closed
Market Cap5.85B
Revenue (ttm)9.41B
Net Income (ttm)98.63M
Shares Out108.24M
EPS (ttm)5.20
PE Ratio4.58
Forward PE5.51
Dividend$1.56 (6.54%)
Ex-Dividend DateJun 18, 2021
Volume196,442
Open24.59
Previous Close24.73
Day's Range23.40 - 24.59
52-Week Range17.33 - 27.94
Beta0.78
AnalystsSell
Price Target27.00 (+13.4%)
Est. Earnings Daten/a

About SHI

Sinopec Shanghai Petrochemical Company Limited, together with its subsidiaries, manufactures and sells petrochemical products in the People's Republic of China. It operates through five segments: Synthetic Fibers, Resins and Plastics, Intermediate Petrochemicals, Petroleum Products, and Trading of Petrochemical Products. The Synthetic Fibers segment produces polyesters, acrylic fibers, and carbon fibers that are primarily used in the textile and apparel industries. The Resins and Plastics segment produces polyester chips that are used to produc...

IndustryChemicals
IPO DateJul 26, 1993
Employees8,199
Stock ExchangeNYSE
Ticker SymbolSHI
Full Company Profile

Financial Performance

In 2020, SHI's revenue was 61.56 billion, a decrease of -30.09% compared to the previous year's 88.06 billion. Earnings were 645.07 million, a decrease of -70.89%.

Financial numbers in millions CNYFinancial Statements

Analyst Forecast

According to one analyst, the rating for SHI stock is "Sell" and the 12-month stock price forecast is 27.00.

Price Target
$27.00
(13.45% upside)
Analyst Consensus: Sell

News

2 Underperforming Holdings to Reduce

Shareholders of Bright Scholar Education Holdings Ltd ( BEDU , Financial) and Sinopec Shanghai Petrochemical Co Ltd ( SHI , Financial) are quite disappointed with their investments, as the prices of the...

Other symbols:BEDU
2 months ago - GuruFocus

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 ended ...

5 months 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 potent...

Other symbols:NIO
6 months 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)(SSE...

6 months 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 prolon...

Other symbols:EQNROXYPTR
1 year 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.

1 year 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 dr...

1 year 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.

2 years ago - Benzinga

Can Value Investors Consider SINOPEC Shangai (SHI) Stock?

SINOPEC Shangai (SHI) stock may be a good choice for value-oriented investors right now from multiple angles.

2 years ago - Zacks Investment Research

5 Winners From PBOC's Stimulus Boost

The Peoples Bank of China announces LPR reforms to ease trade tension and counter economy slowdown. These five share are sure gainers in this market.

Other symbols:JDLFCQDZNH
2 years ago - Zacks Investment Research

Sinopec Shanghai Petrochemical Enters Oversold Territory

Sinopec Shanghai Petrochemical Company Limited (SHI) has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock.

2 years ago - Zacks Investment Research

Top Ranked Value Stocks to Buy for April 9th

Here are three stocks with buy rank and strong value characteristics for investors to consider today, April 9th.

Other symbols:AMCXVALE
2 years ago - Zacks Investment Research

Top Ranked Value Stocks to Buy for April 8th

Top Ranked Value Stocks to Buy for April 8th

Other symbols:HEESMBUUUNFI
2 years ago - Zacks Investment Research