Sinopec Shanghai Petrochemical Balance Sheet Health
Financial Health criteria checks 4/6
Sinopec Shanghai Petrochemical has a total shareholder equity of CN¥24.8B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 6.1%. Its total assets and total liabilities are CN¥45.2B and CN¥20.4B respectively.
Key information
6.1%
Debt to equity ratio
CN¥1.51b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥15.38b |
| Equity | CN¥24.84b |
| Total liabilities | CN¥20.35b |
| Total assets | CN¥45.19b |
Recent financial health updates
We Think Sinopec Shanghai Petrochemical (HKG:338) Can Stay On Top Of Its Debt
May 22
Does Sinopec Shanghai Petrochemical (HKG:338) Have A Healthy Balance Sheet?
Jan 31Sinopec Shanghai Petrochemical (HKG:338) Seems To Use Debt Quite Sensibly
Oct 25Is Sinopec Shanghai Petrochemical (HKG:338) Using Debt Sensibly?
Apr 09Is Sinopec Shanghai Petrochemical (HKG:338) Using Too Much Debt?
Jan 04
Recent updates
Capital Allocation Trends At Sinopec Shanghai Petrochemical (HKG:338) Aren't Ideal
Aug 03We Think Sinopec Shanghai Petrochemical (HKG:338) Can Stay On Top Of Its Debt
May 22Investors Could Be Concerned With Sinopec Shanghai Petrochemical's (HKG:338) Returns On Capital
Apr 11Does Sinopec Shanghai Petrochemical (HKG:338) Have A Healthy Balance Sheet?
Jan 31Sinopec Shanghai Petrochemical (HKG:338) Will Be Hoping To Turn Its Returns On Capital Around
Jan 07Is Sinopec Shanghai Petrochemical Company Limited (HKG:338) Trading At A 47% Discount?
Dec 09Sinopec Shanghai Petrochemical (HKG:338) Seems To Use Debt Quite Sensibly
Oct 25Sinopec Shanghai Petrochemical (HKG:338) Will Want To Turn Around Its Return Trends
Oct 04What Is Sinopec Shanghai Petrochemical Company Limited's (HKG:338) Share Price Doing?
Aug 27A Look At The Fair Value Of Sinopec Shanghai Petrochemical Company Limited (HKG:338)
Aug 09Estimating The Intrinsic Value Of Sinopec Shanghai Petrochemical Company Limited (HKG:338)
Apr 27Is Sinopec Shanghai Petrochemical (HKG:338) Using Debt Sensibly?
Apr 09What You Need To Know About Sinopec Shanghai Petrochemical Company Limited's (HKG:338) Investor Composition
Feb 27Is Sinopec Shanghai Petrochemical Company Limited (HKG:338) At Risk Of Cutting Its Dividend?
Jan 31Is Sinopec Shanghai Petrochemical (HKG:338) Using Too Much Debt?
Jan 04Sinopec Shanghai Petrochemical (HKG:338) Share Prices Have Dropped 64% In The Last Three Years
Dec 09Financial Position Analysis
Short Term Liabilities: 338's short term assets (CN¥24.4B) exceed its short term liabilities (CN¥20.2B).
Long Term Liabilities: 338's short term assets (CN¥24.4B) exceed its long term liabilities (CN¥137.1M).
Debt to Equity History and Analysis
Debt Level: 338 has more cash than its total debt.
Reducing Debt: 338's debt to equity ratio has increased from 3.5% to 6.1% over the past 5 years.
Debt Coverage: 338's debt is well covered by operating cash flow (804.9%).
Interest Coverage: Insufficient data to determine if 338's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 05:06 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Sinopec Shanghai Petrochemical Company Limited is covered by 32 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Rita Wu | Barclays |
| Cheng Khoo | BNP Paribas Securities (Asia) |
| Cho Ming Lau | BOCI Research Ltd. |