Log in

NYSE:SHISinopec Shanghai Petrochemical Stock Price, Forecast & News

$24.64
-0.33 (-1.32 %)
(As of 05/29/2020 04:00 PM ET)
Add
Compare
Today's Range
$24.42
Now: $24.64
$24.92
50-Day Range
$24.64
MA: $26.12
$28.62
52-Week Range
$21.25
Now: $24.64
$45.39
Volume66,300 shs
Average Volume45,821 shs
Market Capitalization$2.66 billion
P/E Ratio44.00
Dividend Yield13.07%
Beta0.78
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.
Read More
Sinopec Shanghai Petrochemical logo

Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.2Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.27 out of 5 stars


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$14.24 billion
Cash Flow$5.09 per share
Book Value$38.14 per share

Profitability

Net Income$320.62 million

Miscellaneous

Employees8,878
Market Cap$2.66 billion
Next Earnings Date8/19/2020 (Estimated)
OptionableNot Optionable

Receive SHI News and Ratings via Email

Sign-up to receive the latest news and ratings for SHI and its competitors with MarketBeat's FREE daily newsletter.

Sinopec Shanghai Petrochemical (NYSE:SHI) Frequently Asked Questions

How has Sinopec Shanghai Petrochemical's stock been impacted by COVID-19 (Coronavirus)?

Sinopec Shanghai Petrochemical's stock was trading at $26.71 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SHI shares have decreased by 7.7% and is now trading at $24.64. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Sinopec Shanghai Petrochemical?

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

When is Sinopec Shanghai Petrochemical's next earnings date?

Sinopec Shanghai Petrochemical is scheduled to release its next quarterly earnings announcement on Wednesday, August 19th 2020. View our earnings forecast for Sinopec Shanghai Petrochemical.

How were Sinopec Shanghai Petrochemical's earnings last quarter?

Sinopec Shanghai Petrochemical Co. (NYSE:SHI) released its quarterly earnings data on Wednesday, April, 29th. The oil and gas company reported ($1.59) earnings per share (EPS) for the quarter. The oil and gas company earned $2.57 billion during the quarter. Sinopec Shanghai Petrochemical had a net margin of 0.43% and a return on equity of 1.37%. View Sinopec Shanghai Petrochemical's earnings history.

Has Sinopec Shanghai Petrochemical been receiving favorable news coverage?

Headlines about SHI stock have trended extremely negative recently, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Sinopec Shanghai Petrochemical earned a media sentiment score of -4.6 on InfoTrie's scale. They also assigned news articles about the oil and gas company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutSinopec Shanghai Petrochemical.

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 Procter & Gamble (PG), Alibaba Group (BABA), Walt Disney (DIS), AT&T (T), Verizon Communications (VZ), Wells Fargo & Co (WFC), AbbVie (ABBV), salesforce.com (CRM), General Motors (GM) and Broadcom (AVGO).

Who are Sinopec Shanghai Petrochemical's key executives?

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

What is Sinopec Shanghai Petrochemical's stock symbol?

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

Who are Sinopec Shanghai Petrochemical's major shareholders?

Sinopec Shanghai Petrochemical's stock is owned by many different institutional and retail investors. Top institutional shareholders include Aperio Group LLC (0.19%), Parametric Portfolio Associates LLC (0.13%), Virtus ETF Advisers LLC (0.05%), Jane Street Group LLC (0.03%), BlackRock Inc. (0.03%) and Morgan Stanley (0.03%). 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 Morgan Stanley, BlackRock Inc., Parametric Portfolio Associates LLC, Yorktown Management & Research Co Inc, Deutsche Bank AG, Signaturefd LLC, and Parallel Advisors LLC. View insider buying and selling activity 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 Aperio Group LLC, Virtus ETF Advisers LLC, Jane Street Group LLC, Wetherby Asset Management Inc., Quantum Capital Management, Aigen Investment Management LP, and Lindbrook Capital LLC. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Sinopec Shanghai Petrochemical's stock price today?

One share of SHI stock can currently be purchased for approximately $24.64.

How big of a company is Sinopec Shanghai Petrochemical?

Sinopec Shanghai Petrochemical has a market capitalization of $2.66 billion and generates $14.24 billion in revenue each year. The oil and gas company earns $320.62 million in net income (profit) each year or $2.91 on an earnings per share basis. Sinopec Shanghai Petrochemical employs 8,878 workers across the globe.

What is Sinopec Shanghai Petrochemical's official website?

The official website for Sinopec Shanghai Petrochemical is en.spc.com.cn.

How can I contact Sinopec Shanghai Petrochemical?

Sinopec Shanghai Petrochemical's mailing address is JINSHAWEI SHANGHAI 48 JINVI RD, SHANGHAI F5, 200540. The oil and gas company can be reached via phone at 86-21-5794-3143 or via email at [email protected]

This page was last updated on 5/30/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.