Sinopec Shanghai Petrochemical Company Limited (Shanghai Petrochemical) is a petrochemical company. The Company and its subsidiaries are principally engaged in processing crude oil into synthetic fibers, resins and plastics, intermediate petrochemicals and petroleum products. The Company operates in five operating segments. The synthetic fibres segment produces polyester and acrylic fibers, which are used in the textile and apparel industries. The resins and plastics segment produces polyester chips, polyethylene resins and films, polypropylene resins and polyvinyl alcohol (PVA) granules. The intermediate petrochemicals segment produces p-xylene, benzene and ethylene oxide. The petroleum products segment is equipped with crude oil distillation facilities used to produce vacuum and atmospheric gas oils used as feedstock of the Company's downstream processing facilities. The trading of petrochemical products segment is engaged in importing and exporting of petrochemical products.
Industry, Sector and Symbol:
- Sector: Basic Materials
- Industry: Petroleum Refining
- Sub-Industry: N/A
- Symbol: NYSE:SHI
- CUSIP: N/A
- Web: spc.sinopec.com
Capitalization:- Market Cap: $6.53 billion
- Outstanding Shares: 107,757,000
Average Prices:- 50 Day Moving Avg: $57.35
- 200 Day Moving Avg: $57.53
- 52 Week Range: $48.82 - $64.80
P/E:- Trailing P/E Ratio: 6.52
- Foreward P/E Ratio: 2,020.67
- P/E Growth: 0.00
Sales & Book Value:- Annual Revenue: $12.57 billion
- Price / Sales: 0.52
- Book Value: $37.10 per share
- Price / Book: 1.63
Dividend:- Annual Dividend: $3.26
- Dividend Yield: 6.0%
Profitability:- EBIDTA: $1.42 billion
- Net Margins: 8.79%
- Return on Equity: 27.54%
- Return on Assets: 20.37%
Debt:- Current Ratio: 1.94%
- Quick Ratio: 1.38%
Misc:- Average Volume: 32,222 shs.
- Beta: 0.48
- Short Ratio: 0.61
Frequently Asked Questions for SINOPEC Shangai Petrochemical Company (NYSE:SHI)
What is SINOPEC Shangai Petrochemical Company's stock symbol?
SINOPEC Shangai Petrochemical Company trades on the New York Stock Exchange (NYSE) under the ticker symbol "SHI."
How often does SINOPEC Shangai Petrochemical Company pay dividends? What is the dividend yield for SINOPEC Shangai Petrochemical Company?
SINOPEC Shangai Petrochemical Company declared an annual dividend on Monday, April 3rd. Shareholders of record on Monday, June 19th will be paid a dividend of $3.6279 per share on Monday, July 24th. This represents a yield of 6.43%. The ex-dividend date is Thursday, June 15th. This is an increase from SINOPEC Shangai Petrochemical Company's previous annual dividend of $1.32. View SINOPEC Shangai Petrochemical Company's Dividend History.
Who are some of SINOPEC Shangai Petrochemical Company's key competitors?
Some companies that are related to SINOPEC Shangai Petrochemical Company include Koninklijke DSM NV (RDSMY), SOUTH32 LTD SPON (SOUHY), Albemarle Corporation (ALB), Eastman Chemical Company (EMN), Cenovus Energy (CVE), Fresnillo Plc (FRES), Sociedad Quimica y Minera S.A. (SQM), Goldcorp (GG), Encana Corp (ECA), FMC Corporation (FMC), Yara International ASA (YARIY), Agnico Eagle Mines Limited (AEM), Arconic (ARNC), Stora Enso OYJ (SEOAY), Internationa Flavors & Fragrances (IFF), Bunge Limited (BG), Canadian Utilities Limited (CU) and Aluminum Corporation of China Limited (ACH).
Who are SINOPEC Shangai Petrochemical Company's key executives?
SINOPEC Shangai Petrochemical Company's management team includes the folowing people:
- Zhiqing Wang, Chairman of the Board, General Manager
- Jinping Gao, Vice Chairman of the Board, Deputy General Manager
- Haijun Wu, Vice Chairman of the Board
- Meiyun Zhou, Chief Financial Officer, Deputy General Manager
- Xiaojun Guo, Deputy General Manager, Secretary of the Board, Director
- Qiang Jin, Deputy General Manager, Director
- Wenmin Jin, Deputy General Manager
- Dianwu Lei, Outside Director
- Zhenglin Mo, Outside Director
- Tingji Cai, Independent Non-Executive Director
Who owns SINOPEC Shangai Petrochemical Company stock?
SINOPEC Shangai Petrochemical Company's stock is owned by a number of of institutional and retail investors. Top institutional investors include Renaissance Group LLC (0.21%), Wells Fargo & Company MN (0.14%), AJO LP (0.09%), Freestone Capital Holdings LLC (0.07%), Northern Trust Corp (0.05%) and Dimensional Fund Advisors LP (0.04%). View Institutional Ownership Trends for SINOPEC Shangai Petrochemical Company.
Who sold SINOPEC Shangai Petrochemical Company stock? Who is selling SINOPEC Shangai Petrochemical Company stock?
Who bought SINOPEC Shangai Petrochemical Company stock? Who is buying SINOPEC Shangai Petrochemical Company stock?
SINOPEC Shangai Petrochemical Company's stock was acquired by a variety of institutional investors in the last quarter, including AJO LP, Freestone Capital Holdings LLC, Bank of Montreal Can, Smith Asset Management Group LP, Wells Fargo & Company MN, Campbell & CO Investment Adviser LLC, Profund Advisors LLC and Renaissance Group LLC. View Insider Buying and Selling for SINOPEC Shangai Petrochemical Company.
How do I buy SINOPEC Shangai Petrochemical Company stock?
Shares of SINOPEC Shangai Petrochemical Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is SINOPEC Shangai Petrochemical Company's stock price today?
One share of SINOPEC Shangai Petrochemical Company stock can currently be purchased for approximately $60.62.
MarketBeat Community Rating for SINOPEC Shangai Petrochemical Company (NYSE SHI)MarketBeat's community ratings are surveys of what our community members think about SINOPEC Shangai Petrochemical Company and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for SINOPEC Shangai Petrochemical Company (NYSE:SHI) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Sell Rating, 2 Hold Ratings |
| Consensus Rating: | Hold (Score: 1.67) |
| Consensus Price Target: | N/A |
Analysts' Ratings History for SINOPEC Shangai Petrochemical Company (NYSE:SHI)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 8/9/2017 | Instinet | Upgrade | Reduce -> Neutral | | Low |  |
| 8/3/2017 | Nomura | Upgrade | Neutral | | Medium | |
| 6/1/2017 | Citigroup Inc. | Downgrade | Neutral -> Sell | | Low | |
| 4/12/2016 | J P Morgan Chase & Co | Upgrade | Underweight -> Overweight | | N/A | |
(Data available from 8/20/2015 forward)
Earnings History for SINOPEC Shangai Petrochemical Company (NYSE:SHI)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for SINOPEC Shangai Petrochemical Company (NYSE:SHI)Current Year EPS Consensus Estimate: $-0.03 EPS
Next Year EPS Consensus Estimate: $0.03 EPS
Current Dividend Information for SINOPEC Shangai Petrochemical Company (NYSE:SHI)| Most Recent Dividend: | 7/24/2017 |
| Annual Dividend: | $3.26 |
| Dividend Yield: | 5.38% |
| Dividend Growth: | 43.60% (3 Year Average) |
| Payout Ratio: | 35.13% (Trailing 12 Months of Earnings)
-10,866.67% (Based on This Year's Estimates)
10,866.67% (Based on Next Year's Estimates)
|
Dividend History by Quarter for SINOPEC Shangai Petrochemical Company (NYSE SHI)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 4/3/2017 | annual | $3.63 | 6.43% | 6/15/2017 | 6/19/2017 | 7/24/2017 |
| 6/15/2016 | Annual | $1.32 | | 6/23/2016 | 6/27/2016 | 7/25/2016 |
| 6/23/2014 | annual | $0.80 | 2.95% | 6/26/2014 | 6/30/2014 | 7/28/2014 |
| 10/7/2013 | annual | $0.82 | 2.1% | 10/22/2013 | 10/24/2013 | 12/16/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for SINOPEC Shangai Petrochemical Company (NYSE:SHI)Insider Ownership Percentage: 1.00%
Institutional Ownership Percentage: 1.03%
Insider Trades by Quarter for SINOPEC Shangai Petrochemical Company (NYSE:SHI)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 10/30/2014 | Wayne Murton | Director | Buy | 1,000 | $0.05 | $50.00 | |
| 10/29/2014 | Wayne Murton | Director | Buy | 1,000 | $0.05 | $50.00 | |
| 10/28/2014 | Wayne Murton | Director | Buy | 1,000 | $0.05 | $50.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for SINOPEC Shangai Petrochemical Company (NYSE:SHI)
Latest Headlines for SINOPEC Shangai Petrochemical Company (NYSE:SHI)
| Source: |
|
| Date | Headline |
|---|
 | Head-To-Head Analysis: Alon USA Energy (ALJ) vs. SINOPEC Shangai Petrochemical (SHI)
www.americanbankingnews.com - August 20 at 10:38 AM |
| SINOPEC Shangai Petrochemical (SHI) and CVR Energy (CVI) Head-To-Head Review
www.americanbankingnews.com - August 11 at 2:44 PM |
 | A Red Flag For Oil? China’s Crude Imports Drop To 7-Month Low
finance.yahoo.com - August 10 at 7:51 AM |
| Brokerages Set $71.40 Price Target for SINOPEC Shangai Petrochemical Company, Ltd. (NYSE:SHI)
www.americanbankingnews.com - August 8 at 11:00 AM |
 | Nomura/Instinet Upgrades Sinopec Shanghai Petrochemical (SHI) to Neutral
www.streetinsider.com - August 4 at 8:06 AM |
| SINOPEC Shangai Petrochemical Company, Ltd. (NYSE:SHI) Raised to Neutral at Nomura
www.americanbankingnews.com - August 3 at 5:24 PM |
| SINOPEC Shangai Petrochemical Company, Ltd. (SHI) Downgraded by BidaskClub
www.americanbankingnews.com - July 29 at 12:30 PM |
| Head-To-Head Contrast: SINOPEC Shangai Petrochemical (NYSE:SHI) and Delek US Holdings (DK)
www.americanbankingnews.com - July 25 at 8:30 AM |
| Analysts Set $71.40 Target Price for SINOPEC Shangai Petrochemical Company, Ltd. (NYSE:SHI)
www.americanbankingnews.com - July 24 at 11:40 AM |
| Reviewing SINOPEC Shangai Petrochemical (NYSE:SHI) and CVR Energy (CVI)
www.americanbankingnews.com - July 22 at 12:13 PM |
| Head-To-Head Comparison: SINOPEC Shangai Petrochemical (NYSE:SHI) vs. CVR Energy (CVI)
www.americanbankingnews.com - July 20 at 10:43 AM |
| ETFs with exposure to Sinopec Shanghai Petrochemical Co. Ltd. : July 6, 2017
finance.yahoo.com - July 7 at 11:13 AM |
| Brokerages Set $71.40 Target Price for SINOPEC Shangai Petrochemical Company, Ltd. (SHI)
www.americanbankingnews.com - July 6 at 10:35 PM |
| SINOPEC Shangai Petrochemical Company, Ltd. (NYSE:SHI) Upgraded by BidaskClub to Buy
www.americanbankingnews.com - July 5 at 5:02 PM |
| Analyzing SINOPEC Shangai Petrochemical Company (NYSE:SHI) and HollyFrontier Corp (HOC)
www.americanbankingnews.com - July 4 at 12:30 PM |
| Sinopec Shanghai Petrochemical Co. Ltd. : SHI-US: Dividend Analysis : June 19th, 2017 (record date) : By the numbers : June 16, 2017
finance.yahoo.com - June 17 at 6:07 AM |
| SINOPEC Shangai Petrochemical Company, Ltd. (SHI) Receives Average Rating of "Buy" from Brokerages
www.americanbankingnews.com - June 15 at 12:48 PM |
 | SINOPEC Shangai Petrochemical Company, Ltd. (SHI) Ex-Dividend Date
www.nasdaq.com - June 15 at 12:32 AM |
| Head to Head Analysis: HollyFrontier Corporation (HFC) & SINOPEC Shangai Petrochemical Company (SHI)
www.americanbankingnews.com - June 14 at 10:12 AM |
| Sinopec Considers Oil Output Drop To Fight Domestic Glut
finance.yahoo.com - June 13 at 9:56 AM |
| ETFs with exposure to Sinopec Shanghai Petrochemical Co. Ltd. : June 12, 2017
finance.yahoo.com - June 12 at 7:15 PM |
| SHI Crosses Below Key Moving Average Level
www.nasdaq.com - June 5 at 8:23 PM |
| Sinopec Shanghai Petrochemical Co. (SHI) Downgraded to "Sell" at Citigroup Inc
www.americanbankingnews.com - June 1 at 11:10 AM |
| ETFs with exposure to Sinopec Shanghai Petrochemical Co. Ltd. : May 30, 2017
finance.yahoo.com - May 30 at 7:28 PM |
| Sinopec Shanghai Petrochemical Co. (SHI) Downgraded by Zacks Investment Research to "Hold"
www.americanbankingnews.com - May 18 at 6:32 PM |
| China's Sinopec expects to double foreign investment to more than $30 billion
finance.yahoo.com - May 14 at 7:22 PM |
| Sinopec Shanghai Petrochemical Co. (SHI) Receives Consensus Rating of "Buy" from Brokerages
www.americanbankingnews.com - May 12 at 2:38 PM |
| ETFs with exposure to Sinopec Shanghai Petrochemical Co. Ltd. : May 9, 2017
finance.yahoo.com - May 9 at 7:19 PM |
| Sinopec Shanghai Petrochemical Co. Ltd. :SHI-US: Earnings Analysis: Q1, 2017 By the Numbers : May 8, 2017
finance.yahoo.com - May 8 at 11:30 AM |
| Sinopec Shanghai Petrochemical Files Form 20-F
finance.yahoo.com - May 4 at 8:09 PM |
| Somewhat Positive News Coverage Extremely Likely to Affect Sinopec Shanghai Petrochemical (SHI) Stock Price
www.americanbankingnews.com - May 2 at 9:48 AM |
| ETFs with exposure to Sinopec Shanghai Petrochemical Co. Ltd. : April 28, 2017
finance.yahoo.com - April 28 at 9:10 PM |
| Sinopec Shanghai Petrochemical (SHI) Earning Positive Press Coverage, AlphaOne Reports
www.americanbankingnews.com - April 28 at 6:46 PM |
 | BP To Sell 50% Stake In Chinese JV SECCO To Sinopec For $1.68 Bln - Quick Facts
www.rttnews.com - April 27 at 9:44 AM |
| Sinopec Shanghai Petrochemical (SHI) Receiving Favorable News Coverage, Study Shows
www.americanbankingnews.com - April 25 at 10:07 AM |
| Sinopec Shanghai Petrochemical (SHI) Getting Somewhat Negative News Coverage, Study Finds
www.americanbankingnews.com - April 21 at 5:55 PM |
| Sinopec Shanghai Petrochemical (SHI) Earns Media Impact Rating of 0.70
www.americanbankingnews.com - April 17 at 10:24 AM |
| China’s Teapot Refiners Diversify As Exports Remain Forbidden
finance.yahoo.com - April 16 at 6:50 PM |
| Zacks: Analysts Anticipate Sinopec Shanghai Petrochemical Co. (SHI) Will Announce Quarterly Sales of $0.00
www.americanbankingnews.com - April 8 at 10:50 AM |
| Zacks: Sinopec Shanghai Petrochemical Co. (SHI) Given $71.40 Average Price Target by Brokerages
www.americanbankingnews.com - April 5 at 10:31 AM |
| Sinopec Shanghai Petrochemical Co. (SHI) to Issue Annual Dividend of $3.63
www.americanbankingnews.com - April 3 at 5:45 PM |
 | Sinopec to Purchase Chevron's South African Unit for $900 Million
www.thestreet.com - March 22 at 8:26 AM |
| Shanghai Petrochemical Announces 2016 Annual Results; Net Profit Surges by 82.28% to RMB 5,969 million
finance.yahoo.com - March 15 at 8:04 PM |
| The Oil Majors To Watch In A Trump Threatened Iran
finance.yahoo.com - February 19 at 8:56 AM |
 | Asian Firms Muscle In on Region’s Oil Patch as Western Companies Retreat
www.wsj.com - October 3 at 11:56 AM |
 | 10 China Stocks With Earnings Growth
blogs.barrons.com - August 30 at 7:14 PM |
 | Size Isn't Everything for PetroChina
www.bloomberg.com - August 25 at 12:30 PM |
| Shanghai Petrochemical Announces 2016 Interim Results
finance.yahoo.com - August 23 at 7:30 PM |
 | BP to sell stake in Chinese joint venture
www.ft.com - August 9 at 7:42 PM |
 | China orders 255 Shanghai industrial facilities to shut for G20
www.businessinsider.com - June 18 at 11:28 AM |
SINOPEC Shangai Petrochemical Company (SHI) Chart for Sunday, August, 20, 2017
