NYSE:SHI - Sinopec Shanghai Petrochemical Stock Price, News, & Analysis

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$50.65 -0.02 (-0.04 %)
(As of 03/19/2019 04:00 PM ET)
Previous Close$50.67
Today's Range$50.57 - $51.59
52-Week Range$42.01 - $74.09
Volume50,037 shs
Average Volume30,086 shs
Market Capitalization$5.47 billion
P/E Ratio6.02
Dividend Yield8.25%
Beta1.13
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 Petrochemicals, Petroleum Products, and Trading of Petrochemical Products. The Synthetic Fibres segment produces polyester, 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 Petrochemicals 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.

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Industry, Sector and Symbol

Industry Plastics materials & resins
Sub-IndustryN/A
SectorBasic Materials
CUSIPN/A
Phone86-21-5794-3143

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$13.62 billion
Cash Flow$10.6184 per share
Book Value$39.03 per share

Profitability

Net Income$909.19 million

Miscellaneous

Employees10,361
Market Cap$5.47 billion
Next Earnings Date4/18/2019 (Estimated)
OptionableNot Optionable

Sinopec Shanghai Petrochemical (NYSE:SHI) Frequently Asked Questions

What is Sinopec Shanghai Petrochemical's stock symbol?

Sinopec Shanghai Petrochemical trades on the New York Stock Exchange (NYSE) under the ticker symbol "SHI."

How often does Sinopec Shanghai Petrochemical pay dividends? What is the dividend yield for Sinopec Shanghai Petrochemical?

Sinopec Shanghai Petrochemical announced an annual dividend on Tuesday, March 27th. Stockholders of record on Tuesday, June 19th will be paid a dividend of $4.7647 per share on Monday, July 23rd. This represents a dividend yield of 7.91%. The ex-dividend date of this dividend is Monday, June 18th. This is a boost from Sinopec Shanghai Petrochemical's previous annual dividend of $3.63. View Sinopec Shanghai Petrochemical's Dividend History.

When is Sinopec Shanghai Petrochemical's next earnings date?

Sinopec Shanghai Petrochemical is scheduled to release their next quarterly earnings announcement on Thursday, April 18th 2019. View Earnings Estimates for Sinopec Shanghai Petrochemical.

What is the consensus analysts' recommendation for Sinopec Shanghai Petrochemical?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sinopec Shanghai Petrochemical in the last year. There are currently 1 sell rating and 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Sinopec Shanghai Petrochemical.

Has Sinopec Shanghai Petrochemical been receiving favorable news coverage?

Press coverage about SHI stock has been trending neutral recently, InfoTrie reports. The research firm identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Sinopec Shanghai Petrochemical earned a media sentiment score of 0.4 on InfoTrie's scale. They also gave news stories about the oil and gas company a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the company's share price in the immediate future.

Who are some of Sinopec Shanghai Petrochemical's key competitors?

What other stocks do shareholders of Sinopec Shanghai Petrochemical own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Sinopec Shanghai Petrochemical investors own include MONDI/PAR VTG FPD 0.2 (MNDI), Micron Technology (MU), Alibaba Group (BABA), Procter & Gamble (PG), ImmunoGen (IMGN), Valero Energy (VLO), AFLAC (AFL), Ford Motor (F), AT&T (T) and QUALCOMM (QCOM).

Who are Sinopec Shanghai Petrochemical's key executives?

Sinopec Shanghai Petrochemical's management team includes the folowing people:
  • Mr. Meiyun Zhou, VP, Deputy GM, CFO & Exec. Director (Age 49)
  • Mr. Xiaojun Guo, VP, Joint Company Sec. & Exec. Director (Age 49)
  • Mr. Qiang Jin, VP & Exec. Director (Age 54)
  • Mr. Wenmin Jin, VP & Non-Independent Director (Age 54)
  • Mr. Wei Shi, Pres, GM & Non-Independent Director (Age 59)

Who are Sinopec Shanghai Petrochemical's major shareholders?

Sinopec Shanghai Petrochemical's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Renaissance Group LLC (0.20%), Freestone Capital Holdings LLC (0.12%), Bank of America Corp DE (0.09%), Millennium Management LLC (0.08%), BlackRock Inc. (0.06%) and Northern Trust Corp (0.05%). View Institutional Ownership Trends for Sinopec Shanghai Petrochemical.

Which major investors are selling Sinopec Shanghai Petrochemical stock?

SHI stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Freestone Capital Holdings LLC, Renaissance Group LLC, U S Global Investors Inc., O Shaughnessy Asset Management LLC, Jane Street Group LLC, Van ECK Associates Corp and Northern Trust Corp. View Insider Buying and Selling for Sinopec Shanghai Petrochemical.

Which major investors are buying Sinopec Shanghai Petrochemical stock?

SHI stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, OLD Mission Capital LLC, BlackRock Inc., We Are One Seven LLC, Quadrant Capital Group LLC, Bank of Montreal Can and Wetherby Asset Management Inc.. View Insider Buying and Selling for Sinopec Shanghai Petrochemical.

How do I buy shares of Sinopec Shanghai Petrochemical?

Shares of SHI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Sinopec Shanghai Petrochemical's stock price today?

One share of SHI stock can currently be purchased for approximately $50.65.

How big of a company is Sinopec Shanghai Petrochemical?

Sinopec Shanghai Petrochemical has a market capitalization of $5.47 billion and generates $13.62 billion in revenue each year. The oil and gas company earns $909.19 million in net income (profit) each year or $8.41 on an earnings per share basis. Sinopec Shanghai Petrochemical employs 10,361 workers across the globe.

What is Sinopec Shanghai Petrochemical's official website?

The official website for Sinopec Shanghai Petrochemical is http://www.spc.com.cn.

How can I contact Sinopec Shanghai Petrochemical?

Sinopec Shanghai Petrochemical's mailing address is NO.48 JINYI ROAD JINSHAN DISTRICT, SHANGHAI F4, 200540. The oil and gas company can be reached via phone at 86-21-5794-3143 or via email at [email protected]


MarketBeat Community Rating for Sinopec Shanghai Petrochemical (NYSE SHI)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  137 (Vote Outperform)
Underperform Votes:  174 (Vote Underperform)
Total Votes:  311
MarketBeat's community ratings are surveys of what our community members think about Sinopec Shanghai Petrochemical and other stocks. Vote "Outperform" if you believe SHI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SHI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/19/2019 by MarketBeat.com Staff

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