Sinopec Shanghai Petrochemical Company Ltd. (SHI)
| Market Cap | 3.97B |
| Revenue (ttm) | 11.86B |
| Net Income (ttm) | 323.97M |
| Shares Out | 253.02M |
| EPS (ttm) | 2.85 |
| PE Ratio | 5.51 |
| Forward PE | 6.29 |
| Dividend | $1.49 (9.48%) |
| Ex-Dividend Date | Jun 27, 2022 |
| Volume | 95,652 |
| Open | 15.88 |
| Previous Close | 16.05 |
| Day's Range | 15.61 - 15.88 |
| 52-Week Range | 14.97 - 27.94 |
| Beta | 0.71 |
| Analysts | Hold |
| Price Target | 14.90 (-5.0%) |
| Earnings Date | Aug 26, 2022 |
About SHI
Sinopec Shanghai Petrochemical Company Limited, together with its subsidiaries, manufactures and sells petroleum 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 produce po... [Read more...]
Financial Performance
In 2021, SHI's revenue was 75.89 billion, an increase of 23.27% compared to the previous year's 61.56 billion. Earnings were 2.07 billion, an increase of 221.43%.
Financial numbers in CNY Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for SHI stock is "Hold." The 12-month stock price forecast is 14.9, which is a decrease of -5.04% from the latest price.
News
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.
Sinopec Shanghai Petrochemical Company Limited Announces Intention to Delist American Depositary Shares from the New ...
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 S...
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.
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 ended...
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.
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 co...
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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 tech...
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 ...
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...
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...
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...
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.
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...
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5 Winners From PBOC's Stimulus Boost
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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.