Loading...

Sinopec Shanghai Petrochemical

SEHK:338
Snowflake Description

Flawless balance sheet average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
338
SEHK
HK$51B
Market Cap
  1. Home
  2. HK
  3. Materials
Company description

Sinopec Shanghai Petrochemical Company Limited, together with its subsidiaries, manufactures and sells petrochemical products in the People’s Republic of China. The last earnings update was 88 days ago. More info.


Add to Portfolio Compare Print
  • Sinopec Shanghai Petrochemical has significant price volatility in the past 3 months.
338 Share Price and Events
7 Day Returns
-1.7%
SEHK:338
-0.4%
HK Chemicals
0.6%
HK Market
1 Year Returns
-39.6%
SEHK:338
-27.3%
HK Chemicals
-4.5%
HK Market
338 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Sinopec Shanghai Petrochemical (338) -1.7% -16% -22% -39.6% -25.2% 15.7%
HK Chemicals -0.4% -6.8% -16.4% -27.3% -7.1% -12.3%
HK Market 0.6% 0.4% -7% -4.5% 17.8% 1.1%
1 Year Return vs Industry and Market
  • 338 underperformed the Chemicals industry which returned -27.3% over the past year.
  • 338 underperformed the Market in Hong Kong which returned -4.5% over the past year.
Price Volatility
338
Industry
5yr Volatility vs Market

338 Value

 Is Sinopec Shanghai Petrochemical undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Sinopec Shanghai Petrochemical to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Sinopec Shanghai Petrochemical.

SEHK:338 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 9 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.6%
Perpetual Growth Rate 10-Year HK Government Bond Rate 2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for SEHK:338
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year HK Govt Bond Rate 2%
Equity Risk Premium S&P Global 6%
Chemicals Unlevered Beta Simply Wall St/ S&P Global 0.89
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.888 (1 + (1- 25%) (3.37%))
0.94
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.94
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2% + (0.94 * 5.96%)
7.6%

Discounted Cash Flow Calculation for SEHK:338 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Sinopec Shanghai Petrochemical is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

SEHK:338 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CNY, Millions) Source Present Value
Discounted (@ 7.6%)
2020 1,882.50 Analyst x2 1,749.46
2021 1,896.00 Analyst x2 1,637.47
2022 1,680.30 Est @ -11.38% 1,348.62
2023 1,556.59 Est @ -7.36% 1,161.03
2024 1,485.72 Est @ -4.55% 1,029.85
2025 1,447.29 Est @ -2.59% 932.32
2026 1,429.79 Est @ -1.21% 855.95
2027 1,426.28 Est @ -0.25% 793.50
2028 1,432.39 Est @ 0.43% 740.58
2029 1,445.30 Est @ 0.9% 694.44
Present value of next 10 years cash flows CN¥10,943.22
SEHK:338 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= CN¥1,445.30 × (1 + 2%) ÷ (7.6% – 2%)
CN¥26,316.86
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CN¥26,316.86 ÷ (1 + 7.6%)10
CN¥12,644.82
SEHK:338 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CN¥10,943.22 + CN¥12,644.82
CN¥23,588.04
Equity Value per Share
(CNY)
= Total value / Shares Outstanding
= CN¥23,588.04 / 10,823.81
CN¥2.18
SEHK:338 Discount to Share Price
Calculation Result
Exchange Rate CNY/HKD
(Reporting currency to currency of SEHK:338)
1.135
Value per Share
(HKD)
= Value per Share in CNY x Exchange Rate (CNY/HKD)
= CN¥2.18 x 1.135
HK$2.47
Value per share (HKD) From above. HK$2.47
Current discount Discount to share price of HK$2.88
= -1 x (HK$2.88 - HK$2.47) / HK$2.47
-16.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Sinopec Shanghai Petrochemical is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Sinopec Shanghai Petrochemical's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Sinopec Shanghai Petrochemical's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:338 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in CNY CN¥0.38
SEHK:338 Share Price ** SEHK (2019-07-22) in HKD HK$2.88
SEHK:338 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.881 CN¥2.54
Hong Kong Chemicals Industry PE Ratio Median Figure of 28 Publicly-Listed Chemicals Companies 7.4x
Hong Kong Market PE Ratio Median Figure of 1,512 Publicly-Listed Companies 10.77x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Sinopec Shanghai Petrochemical.

SEHK:338 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:338 Share Price ÷ EPS (both in CNY)

= 2.54 ÷ 0.38

6.69x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Sinopec Shanghai Petrochemical is good value based on earnings compared to the HK Chemicals industry average.
  • Sinopec Shanghai Petrochemical is good value based on earnings compared to the Hong Kong market.
Price based on expected Growth
Does Sinopec Shanghai Petrochemical's expected growth come at a high price?
Raw Data
SEHK:338 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 6.69x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts
-10.2%per year
Hong Kong Chemicals Industry PEG Ratio Median Figure of 5 Publicly-Listed Chemicals Companies -0.52x
Hong Kong Market PEG Ratio Median Figure of 481 Publicly-Listed Companies 0.8x

*Line of best fit is calculated by linear regression .

SEHK:338 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 6.69x ÷ -10.2%

-0.66x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Sinopec Shanghai Petrochemical earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Sinopec Shanghai Petrochemical's assets?
Raw Data
SEHK:338 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in CNY CN¥2.86
SEHK:338 Share Price * SEHK (2019-07-22) in HKD HK$2.88
SEHK:338 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.881 CN¥2.54
Hong Kong Chemicals Industry PB Ratio Median Figure of 35 Publicly-Listed Chemicals Companies 0.84x
Hong Kong Market PB Ratio Median Figure of 2,198 Publicly-Listed Companies 0.92x
SEHK:338 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:338 Share Price ÷ Book Value per Share (both in CNY)

= 2.54 ÷ 2.86

0.89x

* Primary Listing of Sinopec Shanghai Petrochemical.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Sinopec Shanghai Petrochemical is overvalued based on assets compared to the HK Chemicals industry average.
X
Value checks
We assess Sinopec Shanghai Petrochemical's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Chemicals industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Chemicals industry average (and greater than 0)? (1 check)
  5. Sinopec Shanghai Petrochemical has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

338 Future Performance

 How is Sinopec Shanghai Petrochemical expected to perform in the next 1 to 3 years based on estimates from 9 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-10.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Sinopec Shanghai Petrochemical expected to grow at an attractive rate?
  • Sinopec Shanghai Petrochemical's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2%.
Growth vs Market Checks
  • Sinopec Shanghai Petrochemical's earnings are expected to decrease over the next 1-3 years, this is below the Hong Kong market average.
  • Sinopec Shanghai Petrochemical's revenue growth is positive but not above the Hong Kong market average.
Annual Growth Rates Comparison
Raw Data
SEHK:338 Future Growth Rates Data Sources
Data Point Source Value (per year)
SEHK:338 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts -10.2%
SEHK:338 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 9 Analysts 0.9%
Hong Kong Chemicals Industry Earnings Growth Rate Market Cap Weighted Average -5.6%
Hong Kong Chemicals Industry Revenue Growth Rate Market Cap Weighted Average 4.3%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.3%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.6%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SEHK:338 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:338 Future Estimates Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 99,361 4,737 3,343 7
2020-12-31 103,614 4,508 4,112 9
2019-12-31 95,881 5,174 4,213 8
SEHK:338 Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2019-03-31 107,142 3,970 4,116
2018-12-31 107,765 6,695 5,277
2018-09-30 104,676 5,345 6,700
2018-06-30 101,094 8,947 7,090
2018-03-31 95,201 5,860 5,984
2017-12-31 92,014 7,078 6,142
2017-09-30 91,467 6,978 5,927
2017-06-30 84,008 4,925 5,434
2017-03-31 83,901 8,117 6,739
2016-12-31 77,894 7,211 5,956
2016-09-30 73,830 7,056 5,130
2016-06-30 75,644 7,864 4,611

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Sinopec Shanghai Petrochemical's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Sinopec Shanghai Petrochemical's revenue is expected to grow by 0.9% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SEHK:338 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below

All data from Sinopec Shanghai Petrochemical Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:338 Future Estimates Data
Date (Data in CNY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.32 0.42 0.20 7.00
2020-12-31 0.36 0.43 0.26 7.00
2019-12-31 0.38 0.41 0.35 5.00
SEHK:338 Past Financials Data
Date (Data in CNY Millions) EPS *
2019-03-31 0.38
2018-12-31 0.49
2018-09-30 0.62
2018-06-30 0.66
2018-03-31 0.55
2017-12-31 0.57
2017-09-30 0.55
2017-06-30 0.50
2017-03-31 0.62
2016-12-31 0.55
2016-09-30 0.47
2016-06-30 0.43

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Sinopec Shanghai Petrochemical is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Sinopec Shanghai Petrochemical's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Hong Kong market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Hong Kong market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Sinopec Shanghai Petrochemical has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

338 Past Performance

  How has Sinopec Shanghai Petrochemical performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Sinopec Shanghai Petrochemical's growth in the last year to its industry (Chemicals).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Sinopec Shanghai Petrochemical has delivered over 20% year on year earnings growth in the past 5 years.
  • Sinopec Shanghai Petrochemical's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Sinopec Shanghai Petrochemical's 1-year earnings growth is negative, it can't be compared to the HK Chemicals industry average.
Earnings and Revenue History
Sinopec Shanghai Petrochemical's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Sinopec Shanghai Petrochemical Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:338 Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 107,141.62 4,116.33 1,929.35 44.35
2018-12-31 107,764.91 5,277.19 1,887.83 37.26
2018-09-30 104,676.35 6,700.48 2,024.35
2018-06-30 101,094.26 7,090.21 1,951.19 2.10
2018-03-31 95,201.24 5,984.22 1,785.87 36.71
2017-12-31 92,013.57 6,141.56 1,887.79 36.71
2017-09-30 91,467.24 5,927.01 2,058.27
2017-06-30 84,008.04 5,434.38 1,715.68 11.32
2017-03-31 83,901.32 6,739.19 1,978.81
2016-12-31 77,894.29 5,955.58 1,954.95
2016-09-30 73,830.18 5,130.21 2,152.16
2016-06-30 75,644.16 4,611.36 2,092.34
2016-03-31 77,737.92 4,338.91 2,178.70
2015-12-31 80,803.42 3,245.85 2,104.56
2015-09-30 87,021.94 1,681.38 2,153.98
2015-06-30 92,961.03 1,179.65 2,109.67
2015-03-31 97,699.68 -591.28 2,196.03
2014-12-31 102,182.86 -716.43 2,011.24
2014-09-30 105,902.21 847.23 2,062.73
2014-06-30 109,803.18 1,400.61 2,157.10
2014-03-31 110,796.03 1,757.86 1,955.75
2013-12-31 115,539.83 2,003.55 2,181.50
2013-09-30 110,275.98 1,065.12 2,106.60
2013-06-30 103,710.58 84.04 2,035.25
2013-03-31 98,379.33 -1,185.63 2,147.48
2012-12-31 93,072.25 -1,548.47 1,963.85
2012-09-30 91,010.87 -2,316.54 1,854.40

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Sinopec Shanghai Petrochemical has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Sinopec Shanghai Petrochemical used its assets less efficiently than the HK Chemicals industry average last year based on Return on Assets.
  • Sinopec Shanghai Petrochemical's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Sinopec Shanghai Petrochemical's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Chemicals industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Sinopec Shanghai Petrochemical has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

338 Health

 How is Sinopec Shanghai Petrochemical's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Sinopec Shanghai Petrochemical's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Sinopec Shanghai Petrochemical is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Sinopec Shanghai Petrochemical's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Sinopec Shanghai Petrochemical's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 16.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Sinopec Shanghai Petrochemical Company Filings, last reported 3 months ago.

SEHK:338 Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 31,110.27 1,425.00 12,571.05
2018-12-31 30,486.50 497.25 12,961.70
2018-09-30 30,017.92 1,866.36 11,615.83
2018-06-30 28,881.55 1,395.60 14,612.06
2018-03-31 30,368.32 1,065.20 11,391.37
2017-12-31 28,541.61 606.16 9,504.27
2017-09-30 26,524.27 598.66 7,792.93
2017-06-30 24,937.40 613.42 7,955.93
2017-03-31 26,985.05 603.82 8,306.38
2016-12-31 25,031.32 546.43 5,440.62
2016-09-30 23,224.38 337.43 3,506.93
2016-06-30 22,182.95 859.66 4,451.31
2016-03-31 21,321.34 1,134.66 1,903.42
2015-12-31 20,135.90 2,070.00 1,077.43
2015-09-30 19,172.57 2,547.45 494.52
2015-06-30 18,617.25 4,234.95 301.06
2015-03-31 16,921.44 6,977.21 321.66
2014-12-31 16,842.02 5,710.88 279.20
2014-09-30 17,434.39 7,561.75 282.29
2014-06-30 17,411.57 7,735.97 322.18
2014-03-31 18,048.51 7,113.86 165.08
2013-12-31 18,090.68 7,721.83 133.26
2013-09-30 17,460.52 8,207.18 321.04
2013-06-30 16,907.56 9,480.20 292.71
2013-03-31 16,633.32 9,526.01 266.89
2012-12-31 16,457.20 12,255.22 160.96
2012-09-30 16,445.82 8,791.57 268.31
  • Sinopec Shanghai Petrochemical's level of debt (4.6%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (39.5% vs 4.6% today).
  • Debt is well covered by operating cash flow (278.6%, greater than 20% of total debt).
  • Sinopec Shanghai Petrochemical earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Sinopec Shanghai Petrochemical's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Sinopec Shanghai Petrochemical has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

338 Dividends

 What is Sinopec Shanghai Petrochemical's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
9.85%
Current annual income from Sinopec Shanghai Petrochemical dividends. Estimated to be 6.88% next year.
If you bought HK$2,000 of Sinopec Shanghai Petrochemical shares you are expected to receive HK$197 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Sinopec Shanghai Petrochemical's pays a higher dividend yield than the bottom 25% of dividend payers in Hong Kong (2.07%).
  • Sinopec Shanghai Petrochemical's dividend is above the markets top 25% of dividend payers in Hong Kong (5.71%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SEHK:338 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
Hong Kong Chemicals Industry Average Dividend Yield Market Cap Weighted Average of 24 Stocks 7.7%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 978 Stocks 3.6%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.2%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 2.1%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SEHK:338 Future Dividends Estimate Data
Date (Data in CN¥) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.18 7.00
2020-12-31 0.17 9.00
2019-12-31 0.17 9.00
SEHK:338 Past Annualized Dividends Data
Date (Data in CN¥) Dividend per share (annual) Avg. Yield (%)
2019-07-10 0.250 9.718
2018-07-10 0.300 9.040
2017-07-05 0.250 6.319
2016-04-27 0.100 2.802
2015-10-22 0.000 0.000
2015-08-27 0.000 0.000
2015-04-23 0.000 0.000
2015-03-23 0.000 0.000
2014-10-29 0.000 0.000
2014-08-28 0.000 0.000
2014-06-18 0.100 5.308
2013-10-28 0.067 4.003
2013-04-19 0.000 0.000
2013-03-27 0.000 0.000
2012-12-31 0.000 0.000
2012-06-27 0.033 2.802
2011-06-22 0.067 4.379
2010-03-30 0.020 1.004
2010-03-29 0.020 1.113
2009-10-28 0.000 0.000
2009-09-15 0.000 0.000
2009-08-27 0.000 0.000
2009-04-20 0.000 0.000
2009-03-30 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Sinopec Shanghai Petrochemical has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but Sinopec Shanghai Petrochemical only paid a dividend in the past 9 years.
Current Payout to shareholders
What portion of Sinopec Shanghai Petrochemical's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.5x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2x coverage).
X
Income/ dividend checks
We assess Sinopec Shanghai Petrochemical's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Sinopec Shanghai Petrochemical afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Sinopec Shanghai Petrochemical has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

338 Management

 What is the CEO of Sinopec Shanghai Petrochemical's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Wei Shi
COMPENSATION CN¥363,964
AGE 59
TENURE AS CEO 0.8 years
CEO Bio

Mr. Wei Shi serves as the President, General Manager and Non-Independent Director of Sinopec Shanghai Petrochemical Company Limited since September 19, 2018. Mr. Shi served as a Vice President at Sinopec Shanghai Petrochemical Co. Ltd. from October 2003 to June 18, 2014. He joined the complex in 1982 and served as its Assistant to the Manager of the Refining and Chemical Division since May 1996, Deputy Manager of Refining and Chemical Division since October 1997, Manager of the Environment Protection Division at Sinopec Shanghai Petrochemical Co. Ltd. since March 1999, Secretary of the Communist Party Committee of the Refining and Chemical Division since April 2001, Manager of the Refining and Chemical Division since July 2002. He has the experience on management of large enterprises and on organizing and leading production and management of a large petrochemical enterprise. Mr. Shi served as an Executive Director of Sinopec Shanghai Petrochemical Co. Ltd. from June 2005 to April 19, 2013. From May 2012 to March 2014, he served as a Leader of the preparatory team for the Guizhou Zhijin Coal Chemicals Project. From March 2013 to August 2018, he served as a Vice Chairman of Bijie Zhongcheng Energy Company Limited. From March 2014 to August 2018, he served as a Director, President and Secretary of the Communist Party Committee of Sinopec Great Wall Energy & Chemical (Guizhou) Co., Ltd. In August 2018, he was appointed as a Deputy Secretary of the Communist Party Committee of the Company. On 19 September 2018, Mr. Shi was appointed as the President of the Company. He graduated from the Eastern China Petrochemical Institute specializing in oil refinery engineering in 1982, and completed the postgraduate course on business administration in Eastern China University of Science and Technology in 1998. He is a qualified senior engineer.

CEO Compensation
  • Wei's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Wei's remuneration is lower than average for companies of similar size in Hong Kong.
Management Team Tenure

Average tenure and age of the Sinopec Shanghai Petrochemical management team in years:

2.1
Average Tenure
54
Average Age
  • The tenure for the Sinopec Shanghai Petrochemical management team is about average.
Management Team

Wei Shi

TITLE
President
COMPENSATION
CN¥364K
AGE
59
TENURE
0.8 yrs

Meiyun Zhou

TITLE
VP, Deputy GM
COMPENSATION
CN¥702K
AGE
49
TENURE
2.4 yrs

Qiang Jin

TITLE
VP & Executive Director
COMPENSATION
CN¥768K
AGE
54

Wenmin Jin

TITLE
VP & Executive Director
COMPENSATION
CN¥734K
AGE
54

Xiaojun Guo

TITLE
VP, Secretary to Board of Directors & Executive Director
COMPENSATION
CN¥753K
AGE
49
TENURE
2.1 yrs

Qiang Zuo

TITLE
Employee Supervisor
COMPENSATION
CN¥398K
AGE
56
TENURE
2.4 yrs

Xiaoxia Li

TITLE
Employee Supervisor & Deputy Director of Plastics Division
COMPENSATION
CN¥373K
AGE
49
TENURE
2 yrs
Board of Directors Tenure

Average tenure and age of the Sinopec Shanghai Petrochemical board of directors in years:

3.6
Average Tenure
54
Average Age
  • The tenure for the Sinopec Shanghai Petrochemical board of directors is about average.
Board of Directors

Haijun Wu

TITLE
Chairman
COMPENSATION
CN¥1M
AGE
56
TENURE
1.6 yrs

Wei Shi

TITLE
President
COMPENSATION
CN¥364K
AGE
59
TENURE
0.8 yrs

Meiyun Zhou

TITLE
VP, Deputy GM
COMPENSATION
CN¥702K
AGE
49
TENURE
2.1 yrs

Qiang Jin

TITLE
VP & Executive Director
COMPENSATION
CN¥768K
AGE
54
TENURE
5.1 yrs

Wenmin Jin

TITLE
VP & Executive Director
COMPENSATION
CN¥734K
AGE
54
TENURE
1.1 yrs

Xiaojun Guo

TITLE
VP, Secretary to Board of Directors & Executive Director
COMPENSATION
CN¥753K
AGE
49
TENURE
5.1 yrs

Qiang Zuo

TITLE
Employee Supervisor
COMPENSATION
CN¥398K
AGE
56
TENURE
8.1 yrs

Xiaoxia Li

TITLE
Employee Supervisor & Deputy Director of Plastics Division
COMPENSATION
CN¥373K
AGE
49
TENURE
8.1 yrs

Yimin Zhang

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥150K
AGE
65
TENURE
5.8 yrs

Yuanqin Li

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥150K
AGE
46
TENURE
1.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
21. May 19 Sell BlackRock, Inc. Company 16. May 19 16. May 19 -2,216,385 HK$3.43 HK$-7,594,891
29. Apr 19 Sell JPMorgan Chase & Co, Private Banking and Investment Banking Investments Company 24. Apr 19 24. Apr 19 -21,358,599 HK$3.72 HK$-79,479,678
23. Apr 19 Buy JPMorgan Chase & Co, Private Banking and Investment Banking Investments Company 18. Apr 19 18. Apr 19 12,036,564 HK$3.75 HK$45,120,271
22. Mar 19 Sell JPMorgan Chase & Co, Private Banking and Investment Banking Investments Company 19. Mar 19 19. Mar 19 -21,513,811 HK$4.03 HK$-86,769,441
20. Mar 19 Buy JPMorgan Chase & Co, Private Banking and Investment Banking Investments Company 15. Mar 19 15. Mar 19 5,724,555 HK$4.00 HK$22,889,070
20. Mar 19 Buy BlackRock, Inc. Company 15. Mar 19 15. Mar 19 27,876,206 HK$4.01 HK$111,663,772
20. Feb 19 Buy JPMorgan Chase & Co, Brokerage and Securities Investments Company 15. Feb 19 15. Feb 19 124,100 HK$3.81 HK$472,746
20. Feb 19 Sell JPMorgan Chase & Co, Private Banking and Investment Banking Investments Company 15. Feb 19 15. Feb 19 -4,935,698 HK$3.81 HK$-18,802,035
20. Feb 19 Sell Highbridge Capital Management, LLC Company 15. Feb 19 15. Feb 19 -2,202,000 HK$3.81 HK$-8,388,293
20. Feb 19 Buy J.P. Morgan Asset Management, Inc. Company 15. Feb 19 15. Feb 19 8,000 HK$3.81 HK$30,475
19. Feb 19 Buy JPMorgan Chase & Co, Private Banking and Investment Banking Investments Company 14. Feb 19 14. Feb 19 7,285,983 HK$3.86 HK$28,144,275
18. Jan 19 Sell JPMorgan Chase & Co, Brokerage and Securities Investments Company 15. Jan 19 15. Jan 19 -1,929,400 HK$3.54 HK$-6,825,636
18. Jan 19 Buy JPMorgan Chase & Co, Brokerage and Securities Investments Company 15. Jan 19 15. Jan 19 100 HK$3.54 HK$354
18. Jan 19 Sell JPMorgan Chase & Co, Private Banking and Investment Banking Investments Company 15. Jan 19 15. Jan 19 -5,769,123 HK$3.54 HK$-20,409,419
17. Jan 19 Buy JPMorgan Chase & Co, Private Banking and Investment Banking Investments Company 14. Jan 19 14. Jan 19 3,212,274 HK$3.54 HK$11,375,629
11. Jan 19 Sell JPMorgan Chase & Co, Private Banking and Investment Banking Investments Company 08. Jan 19 08. Jan 19 -2,440,776 HK$3.54 HK$-8,643,511
03. Jan 19 Buy JPMorgan Chase & Co, Private Banking and Investment Banking Investments Company 28. Dec 18 28. Dec 18 7,593,690 HK$3.41 HK$25,911,935
21. Dec 18 Sell JPMorgan Chase & Co, Private Banking and Investment Banking Investments Company 18. Dec 18 18. Dec 18 -7,628,280 HK$3.49 HK$-26,637,221
07. Dec 18 Sell BlackRock, Inc. Company 04. Dec 18 04. Dec 18 -13,075,982 HK$3.59 HK$-46,885,251
30. Nov 18 Buy JPMorgan Chase & Co, Private Banking and Investment Banking Investments Company 27. Nov 18 27. Nov 18 4,015,000 HK$3.51 HK$14,100,270
X
Management checks
We assess Sinopec Shanghai Petrochemical's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Sinopec Shanghai Petrochemical has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

338 News

Simply Wall St News

Does Sinopec Shanghai Petrochemical Company Limited's (HKG:338) P/E Ratio Signal A Buying Opportunity?

Check out our latest analysis for Sinopec Shanghai Petrochemical How Do I Calculate Sinopec Shanghai Petrochemical's Price To Earnings Ratio? … The formula for P/E is: Price to Earnings Ratio = Share Price (in reporting currency) ÷ Earnings per Share (EPS) Or for Sinopec Shanghai Petrochemical: P/E of 6.79 = CN¥2.58 (Note: this is the share price in the reporting currency, namely, CNY ) ÷ CN¥0.38 (Based on the trailing twelve months to March 2019.) Is A High P/E Ratio Good? … How Does Sinopec Shanghai Petrochemical's P/E Ratio Compare To Its Peers?

Simply Wall St -

Are Sinopec Shanghai Petrochemical Company Limited’s (HKG:338) Returns Worth Your While?

The formula for calculating the return on capital employed is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for Sinopec Shanghai Petrochemical: 0.13 = CN¥3.9b ÷ (CN¥43b - CN¥12b) (Based on the trailing twelve months to March 2019.) Therefore, Sinopec Shanghai Petrochemical has an ROCE of 13%. … Regardless of where Sinopec Shanghai Petrochemical sits next to its industry, its ROCE in absolute terms appears satisfactory, and this company could be worth a closer look. … Do Sinopec Shanghai Petrochemical's Current Liabilities Skew Its ROCE?

Simply Wall St -

Sinopec Shanghai Petrochemical Company Limited (HKG:338): Secrets For Long Term Investors

Sinopec Shanghai Petrochemical Company Limited is a financially healthy and robust stock with a proven track record of outperformance. … Check out our latest analysis for Sinopec Shanghai Petrochemical Sinopec Shanghai Petrochemical Company Limited, together with its subsidiaries, manufactures and sells petrochemical products in the People’s Republic of China. … Characteristics I value in a long term investment are proven in Sinopec Shanghai Petrochemical, and I can continue to sleep easy at night with the stock as part of my portfolio.

Simply Wall St -

Does Sinopec Shanghai Petrochemical's (HKG:338) Share Price Gain of 72% Match Its Business Performance?

Sinopec Shanghai Petrochemical Company Limited (HKG:338) shareholders might be concerned after seeing the share price drop 15% in the last quarter. … During five years of share price growth, Sinopec Shanghai Petrochemical achieved compound earnings per share (EPS) growth of 18% per year. … We note that for Sinopec Shanghai Petrochemical the TSR over the last 5 years was 110%, which is better than the share price return mentioned above.

Simply Wall St -

Is There An Opportunity With Sinopec Shanghai Petrochemical Company Limited's (HKG:338) 37% Undervaluation?

We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. … Generally we assume that a dollar today is more valuable than a dollar in the future, and so the sum of these future cash flows is then discounted to today's value: 10-year free cash flow (FCF) forecast 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 Levered FCF (CN¥, Millions) CN¥3.17k CN¥4.31k CN¥3.82k CN¥3.52k CN¥3.35k CN¥3.25k CN¥3.21k CN¥3.19k CN¥3.21k CN¥3.23k Growth Rate Estimate Source Analyst x2 Analyst x4 Analyst x3 Est @ -7.84% Est @ -4.89% Est @ -2.82% Est @ -1.37% Est @ -0.36% Est @ 0.35% Est @ 0.84% Present Value (CN¥, Millions) Discounted @ 7.53% CN¥2.95k CN¥3.72k CN¥3.07k CN¥2.63k CN¥2.33k CN¥2.10k CN¥1.93k CN¥1.79k CN¥1.67k CN¥1.56k Present Value of 10-year Cash Flow (PVCF)= CN¥23.75b "Est" = FCF growth rate estimated by Simply Wall St The second stage is also known as Terminal Value, this is the business's cash flow after the first stage. … SEHK:338 Intrinsic value, May 23rd 2019 The assumptions We would point out that the most important inputs to a discounted cash flow are the discount rate and of course the actual cash flows.

Simply Wall St -

Is Sinopec Shanghai Petrochemical Company Limited (HKG:338) A High Quality Stock To Own?

We'll use ROE to examine Sinopec Shanghai Petrochemical Company Limited (HKG:338), by way of a worked example. … The formula for ROE is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for Sinopec Shanghai Petrochemical: 13% = CN¥4.1b ÷ CN¥31b (Based on the trailing twelve months to March 2019.) Most know that net profit is the total earnings after all expenses, but the concept of shareholders' equity is a little more complicated. … Combining Sinopec Shanghai Petrochemical's Debt And Its 13% Return On Equity Sinopec Shanghai Petrochemical has a debt to equity ratio of just 0.048, which is very low.

Simply Wall St -

Should Sinopec Shanghai Petrochemical Company Limited (HKG:338) Be Your Next Stock Pick?

I've been keeping an eye on Sinopec Shanghai Petrochemical Company Limited (HKG:338) because I'm attracted to its fundamentals. … Looking at the company as a whole, as a potential stock investment, I believe 338 has a lot to offer. … dividend-paying company

Simply Wall St -

Has Sinopec Shanghai Petrochemical Company Limited (HKG:338) Got Enough Cash?

Small and large cap stocks are widely popular for a variety of reasons, however, mid-cap companies such as Sinopec Shanghai Petrochemical Company Limited (HKG:338), with a market cap of HK$61b, often get neglected by retail investors. … This article will examine 338’s financial liquidity and debt levels to get an idea of whether the company can deal with cyclical downturns and maintain funds to accommodate strategic spending for future growth. … View our latest analysis for Sinopec Shanghai Petrochemical

Simply Wall St -

Sinopec Shanghai Petrochemical Company Limited (HKG:338): What Can We Expect In The Future?

As Sinopec Shanghai Petrochemical Company Limited (HKG:338) released its latest earnings announcement on 31 December 2018, … with earnings expected to decline by -6.3% in the upcoming year

Simply Wall St -

Is Sinopec Shanghai Petrochemical Company Limited (HKG:338) An Attractive Dividend Stock?

Historically, Sinopec Shanghai Petrochemical Company Limited (HKG:338) has paid dividends to shareholders, and these days it yields 7.4%. … Let's take a look at Sinopec Shanghai Petrochemical in more detail. … View our latest analysis for Sinopec Shanghai Petrochemical

Simply Wall St -

338 Company Info

Description

Sinopec Shanghai Petrochemical Company Limited, together with its subsidiaries, manufactures and sells petrochemical products in the People’s Republic of China. The company operates through five segments: Synthetic Fibres, Resins and Plastics, Intermediate Petrochemical Products, Petroleum Products, and Trading of Petrochemical Products. The Synthetic Fibres 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 polyester fibers, coating, and containers; polyethylene resins and plastics, which are used to produce insulated cables and mulching films, as well as molded products, such as housewares and toys; and polypropylene resins that are used for films and sheets, as well as molded products, such as housewares, toys, consumer electronics, and automobile parts; and PVA granules. The Intermediate Petrochemical Products segment produces p-xylene, benzene, and ethylene oxide, which are used as raw materials in the production of other petrochemicals, resins, plastics, and synthetic fibers. The Petroleum Products segment operates crude oil distillation facilities that produce vacuum and atmospheric gas oils used as feedstock; and residual oil and low octane gasoline fuels, as well as produces various fuels, such as diesel oil, jet fuel, heavy oil, and liquefied petroleum gas for transportation, industry, and household heating applications. The Trading of Petrochemical Products segment is involved in the import and export of petrochemical products. The company was founded in 1972 and is based in Shanghai, the People's Republic of China. Sinopec Shanghai Petrochemical Company Limited is a subsidiary of China Petroleum & Chemical Corporation.

Details
Name: Sinopec Shanghai Petrochemical Company Limited
338
Exchange: SEHK
Founded: 1972
HK$50,598,707,574
10,823,813,500
Website: http://www.spc.com.cn
Address: Sinopec Shanghai Petrochemical Company Limited
48 Jinyi Road,
Jinshan District,
Shanghai,
200540,
China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 338 Foreign Shares-Foreign Listed The Stock Exchange of Hong Kong Ltd. HK HKD 20. Aug 1993
OTCPK SPTJ.F Foreign Shares-Foreign Listed Pink Sheets LLC US USD 20. Aug 1993
DB SGJH Foreign Shares-Foreign Listed Deutsche Boerse AG DE EUR 20. Aug 1993
SHSC 338 Foreign Shares-Foreign Listed Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect HK HKD 20. Aug 1993
SZSC 338 Foreign Shares-Foreign Listed The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect HK HKD 20. Aug 1993
NYSE SHI SPONS ADR-REPR 100 CLASS'H'CNYU New York Stock Exchange US USD 26. Jul 1993
SHSE 600688 Domestic Shares Shanghai Stock Exchange CN CNY 27. Jun 1994
DB SHI SPONS ADR-REPR 100 CLASS'H'CNYU Deutsche Boerse AG DE EUR 26. Jul 1993
XSSC 600688 Domestic Shares Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect CN CNY 27. Jun 1994
SGX K3DD SPONS ADR-REPR 100 CLASS'H'CNYU Singapore Exchange SG USD 26. Jul 1993
Number of employees
Current staff
Staff numbers
9,597
Sinopec Shanghai Petrochemical employees.
Industry
Commodity Chemicals
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/22 12:41
End of day share price update: 2019/07/22 00:00
Last estimates confirmation: 2019/07/22
Last earnings filing: 2019/04/25
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.