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Sinopec Shanghai Petrochemical Co
(OTC:0338)
Sinopec Shanghai Petrochemical Co (0338) vs. S&P 500 (SPY)
Sinopec Shanghai Petrochemical Co Business Overview & Revenue Model
Sinopec Shanghai Petrochemical Co Financial Statement Overview
| Breakdown | |||||
| TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 85.37B | 87.13B | 93.01B | 72.65B | 75.89B | 61.56B | Gross Profit |
| 14.86B | 15.09B | 13.86B | -3.61B | 1.59B | -340.25M | EBIT |
| 244.72M | 466.26M | -1.68B | -3.84B | 2.69B | -1.26B | EBITDA |
| 509.08M | 2.37B | -52.09M | -1.99B | 4.31B | 568.82M | Net Income Common Stockholders |
| 142.60M | 316.50M | -1.41B | -2.84B | 2.00B | 628.11M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 12.04B | 12.10B | 5.61B | 4.58B | 13.55B | 12.17B | Total Assets |
| 41.24B | 41.77B | 39.66B | 41.14B | 46.92B | 44.62B | Total Debt |
| 189.02M | 1.57B | 3.71B | 2.27B | 2.26B | 4.58B | Net Debt |
| -11.85B | -10.53B | -1.90B | 1.38B | -2.85B | -2.34B | Total Liabilities |
| 16.21B | 16.62B | 14.72B | 14.78B | 16.54B | 15.28B | Stockholders Equity |
| 24.92B | 25.04B | 24.82B | 26.23B | 30.24B | 29.20B |
| Cash Flow | Free Cash Flow | ||||
| -1.67B | 5.83B | -808.37M | -10.30B | 725.96M | -161.14M | Operating Cash Flow |
| 1.06B | 7.74B | 807.00M | -7.46B | 3.95B | 1.68B | Investing Cash Flow |
| 1.69B | -2.05B | 1.98B | 4.39B | -2.36B | -3.89B | Financing Cash Flow |
| -5.24B | -2.39B | 1.22B | -1.17B | -3.39B | 1.68B |
Sinopec Shanghai Petrochemical Co Technical Analysis
Sinopec Shanghai Petrochemical Co Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | $1.51T | 6.33 | 8.09% | ― | ― | ||
72 Outperform | €24.63B | 9.21 | 7.81% | 7.89% | 12.37% | ― | |
66 Neutral | HK$832.32B | 5.38 | 19.25% | 8.27% | 5.62% | -0.74% | |
65 Neutral | HK$30.45B | 17.51 | 7.73% | ― | -0.40% | 2.61% | |
58 Neutral | HK$689.83B | 10.74 | 9.95% | -7.72% | -26.66% | ||
56 Neutral | HK$26.56B | 37.97 | 0.58% | ― | -8.96% | ― | |
56 Neutral | $7.06B | 3.68 | -4.87% | 5.83% | 0.28% | -51.94% |
Sinopec Shanghai Petrochemical Co Corporate Events
Sinopec Shanghai Petrochemical Company Limited has released its 2025 first quarterly report, indicating a challenging financial period. The company reported an 8.28% decrease in operating income compared to the previous year, and a net loss attributable to equity shareholders of RMB 89,839,000. Despite the negative financial indicators, the company managed to generate positive net cash flows from operating activities amounting to RMB 1,789,914,000. The report highlights the company’s commitment to transparency and accuracy in financial reporting, although the decrease in financial performance may impact its market positioning and stakeholder confidence.
Sinopec Shanghai Petrochemical Company Limited reported its major operating data for the first quarter of 2025, highlighting production and sales volumes alongside revenue figures. The company experienced a decrease in the average prices of several key products, such as diesel, gasoline, and jet fuel, compared to the previous year, which may impact its revenue and market positioning. However, some products like polyethylene and polypropylene saw slight price increases, indicating potential areas of resilience.
Sinopec Shanghai Petrochemical Company Limited has announced that its Board of Directors will meet on April 23, 2025, to consider and approve the company’s first-quarter results for the period ending March 31, 2025. This meeting is a routine part of the company’s operations to ensure transparency and compliance with listing regulations, and it may have implications for stakeholders interested in the company’s financial performance.
Sinopec Shanghai Petrochemical Company Limited announced its 2024 annual results, reporting a net profit attributable to equity shareholders of RMB316,500 thousand under Chinese Accounting Standards. The company plans to distribute a final dividend of RMB0.02 per share, subject to approval at the upcoming annual general meeting. This announcement reflects the company’s stable financial performance and commitment to shareholder returns, potentially impacting its market positioning positively.
Sinopec Shanghai Petrochemical Company Limited announced a final cash dividend of RMB 0.02 per share for the financial year ending December 31, 2024. The dividend will be subject to withholding tax, with specific rates applicable to non-resident enterprise and individual shareholders. This announcement reflects the company’s commitment to returning value to its shareholders while navigating the complexities of international tax treaties.
Sinopec Shanghai Petrochemical Company Limited announced a provision for asset impairment amounting to RMB286 million for the year 2024. This decision, approved by the company’s supervisory committee and board of directors, aims to accurately reflect the company’s financial position and operating results. The impairment primarily results from an inventory write-down, which has reduced the company’s consolidated net profit by RMB214 million. The board believes this provision aligns with the company’s accounting policies and standards, ensuring a fair representation of asset conditions.
Sinopec Shanghai Petrochemical Company Limited has announced that its Board of Directors will meet on March 19, 2025, to review and approve the annual results for the year ending December 31, 2024. The meeting will also consider the recommendation for the payment of a final dividend, which could impact the company’s financial strategy and shareholder returns.
Sinopec Shanghai Petrochemical Company Limited held its 2025 First Extraordinary General Meeting (EGM) on February 28, 2025, at the North Building of Jinshan Hotel, Shanghai. The meeting was attended by 667 shareholders and proxies, representing 55.54% of the company’s shares with voting rights. All proposed resolutions were passed without objections. The meeting was conducted in compliance with relevant Chinese regulations, and the company’s board and supervisory members were present, except for a few who were absent due to business engagements.
Sinopec Shanghai Petrochemical Company Limited announced the resignation of Mr. Guan Zemin from his roles as Vice Chairman, executive director, and President due to retirement. His departure will not disrupt the company’s operations or board composition, and he leaves behind a legacy of significant contributions to the company’s growth and development.
Sinopec Shanghai Petrochemical Company Limited has announced the composition of its board of directors, detailing the roles and functions of each member. This announcement provides clarity on the governance structure and strategic oversight of the company, potentially impacting its operational efficiency and stakeholder confidence.
Sinopec Shanghai Petrochemical Company Limited has announced the postponement of its 2025 First Extraordinary General Meeting (EGM) due to organizational and situational considerations. The meeting, initially scheduled for February 19, 2025, will now take place on February 28, 2025, maintaining the same venue and record date. The postponement affects the closure period of the company’s register of members, extending it to February 28, 2025. All previously submitted proxy forms will remain valid, ensuring stakeholders’ representation is unaffected.