Sinopec Shanghai Petrochemical Company Ltd. (SHIIY)

OTCMKTS: SHIIY · Delayed Price · USD
14.20
-0.80 (-5.33%)
Sep 23, 2022 4:00 PM EDT - Market closed
-5.33%
Market Cap 1.54B
Revenue (ttm) 11.86B
Net Income (ttm) 323.97M
Shares Out 108.24M
EPS (ttm) 2.77
PE Ratio 5.13
Forward PE 6.19
Dividend n/a
Ex-Dividend Date n/a
Volume 3,165
Open 14.34
Previous Close 15.00
Day's Range 14.20 - 14.34
52-Week Range 12.00 - 16.00
Beta 0.71
Analysts Hold
Price Target 13.89 (-2.2%)
Earnings Date n/a

About SHIIY

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...]

Industry Chemicals
IPO Date Jul 26, 1993
Employees 8,039
Stock Exchange OTCMKTS
Ticker Symbol SHIIY
Full Company Profile

Financial Performance

In 2021, SHIIY'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 Statements

Analyst Forecast

According to 16 analysts, the average rating for SHIIY stock is "Hold." The 12-month stock price forecast is 13.89, which is a decrease of -2.18% from the latest price.

Price Target
$13.89
(-2.18% downside)
Analyst Consensus: Hold
Stock Forecasts

News

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.

3 weeks 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.

Other symbols: SNP
1 month ago - Yahoo Finance

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...

1 month 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.

Other symbols: JDSNP
4 months 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 ended...

4 months 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.

4 months 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 co...

Other symbols: SNP
5 months ago - Reuters

7 High-Yield Dividend Stocks That Can More Than Cover Their Dividend Payments

These dividend stocks have yields at least 4.5% or greater and can cover the dividend payments out of earnings by 2 times or more. The post 7 High-Yield Dividend Stocks That Can More Than Cover Their Di...

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7 months ago - InvestorPlace

7 Chinese Stocks to Watch as Geopolitical Tensions Simmer

With geopolitical tensions rising, the world's second-biggest economy may be at a crossroads, forcing a closer look at Chinese stocks. The post 7 Chinese Stocks to Watch as Geopolitical Tensions Simmer ...

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8 months ago - InvestorPlace

7 Stocks to Sell You Can Feel Good About Dumping

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Other symbols: FOXAGEOZZGRICK
10 months ago - InvestorPlace

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...

10 months ago - Reuters

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 ...

1 year 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
1 year 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...

1 year 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: EQNROXY
2 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.

2 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 dr...

2 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.

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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.

3 years ago - Zacks Investment Research

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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.

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3 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.

3 years ago - Zacks Investment Research