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An update from Sinopec Shanghai Petrochemical Co ( (HK:0338) ) is now available.
Sinopec Shanghai Petrochemical reported a net loss attributable to equity shareholders of RMB 1.43 billion for 2025 under Chinese accounting standards, and RMB 1.61 billion under IFRS. In light of the loss, the board will not distribute annual dividends or capitalize capital reserves for the reporting year.
The 2025 financial statements were audited by KPMG Huazhen LLP and KPMG, both issuing unqualified opinions, and the company’s chairman and finance leaders affirmed their accuracy and completeness. The board confirmed there were no improper fund appropriations, no unauthorized guarantees, and highlighted that potential risks relating to future development are detailed in its management discussion and analysis.
The most recent analyst rating on (HK:0338) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Sinopec Shanghai Petrochemical Co stock, see the HK:0338 Stock Forecast page.
More about Sinopec Shanghai Petrochemical Co
Sinopec Shanghai Petrochemical Company Limited is a joint stock company incorporated in the People’s Republic of China and listed in Hong Kong. It operates in the petrochemical industry, producing refined oil and chemical products that serve domestic and international downstream manufacturing and energy markets.
Average Trading Volume: 27,381,284
Technical Sentiment Signal: Buy
Current Market Cap: HK$31.11B
For an in-depth examination of 0338 stock, go to TipRanks’ Overview page.