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How to buy Sinopec Shanghai Petrochemical Company stock | $20.58

Own Sinopec Shanghai Petrochemical Company stock in just a few minutes.

Fact checked

Sinopec Shanghai Petrochemical Company Limited is an oil & gas refining & marketing business based in the US. Sinopec Shanghai Petrochemical Company shares (SHI) are listed on the NYSE and all prices are listed in US Dollars. Sinopec Shanghai Petrochemical Company employs 8,878 staff and has a market cap (total outstanding shares value) of USD$4.7 billion.

How to buy shares in Sinopec Shanghai Petrochemical Company

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Sinopec Shanghai Petrochemical Company. Find the stock by name or ticker symbol: SHI. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Sinopec Shanghai Petrochemical Company reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$20.58, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Sinopec Shanghai Petrochemical Company, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Sinopec Shanghai Petrochemical Company. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Sinopec Shanghai Petrochemical Company share price

Use our graph to track the performance of SHI stocks over time.

Sinopec Shanghai Petrochemical Company shares at a glance

Information last updated 2020-12-29.
Latest market closeUSD$20.58
52-week rangeUSD$17.03 - USD$29.6203
50-day moving average USD$21.1535
200-day moving average USD$21.4961
Wall St. target priceUSD$27
PE ratio 2.2138
Dividend yield USD$1.7 (8.18%)
Earnings per share (TTM) USD$9.4

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Sinopec Shanghai Petrochemical Company stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Sinopec Shanghai Petrochemical Company price performance over time

Historical closes compared with the close of $20.58 from 2020-12-31

1 week (2021-01-06) -9.30%
1 month (2020-12-14) -0.77%
3 months (2020-10-14) 6.47%
6 months (2020-07-14) -18.43%
1 year (2020-01-14) -30.71%
2 years (2019-01-14) -54.41%
3 years (2018-01-12) 61.32
5 years (2016-01-14) 38.99

Is Sinopec Shanghai Petrochemical Company under- or over-valued?

Valuing Sinopec Shanghai Petrochemical Company stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Sinopec Shanghai Petrochemical Company's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Sinopec Shanghai Petrochemical Company's P/E ratio

Sinopec Shanghai Petrochemical Company's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 2x. In other words, Sinopec Shanghai Petrochemical Company shares trade at around 2x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Sinopec Shanghai Petrochemical Company financials

Gross profit TTM USD$15.4 billion
Return on assets TTM -2.12%
Return on equity TTM -0.42%
Profit margin -0.13%
Book value $41.8
Market capitalisation USD$4.7 billion

TTM: trailing 12 months

Shorting Sinopec Shanghai Petrochemical Company shares

There are currently 48,254 Sinopec Shanghai Petrochemical Company shares held short by investors – that's known as Sinopec Shanghai Petrochemical Company's "short interest". This figure is 185.1% up from 16,926 last month.

There are a few different ways that this level of interest in shorting Sinopec Shanghai Petrochemical Company shares can be evaluated.

Sinopec Shanghai Petrochemical Company's "short interest ratio" (SIR)

Sinopec Shanghai Petrochemical Company's "short interest ratio" (SIR) is the quantity of Sinopec Shanghai Petrochemical Company shares currently shorted divided by the average quantity of Sinopec Shanghai Petrochemical Company shares traded daily (recently around 45097.196261682). Sinopec Shanghai Petrochemical Company's SIR currently stands at 1.07. In other words for every 100,000 Sinopec Shanghai Petrochemical Company shares traded daily on the market, roughly 1070 shares are currently held short.

However Sinopec Shanghai Petrochemical Company's short interest can also be evaluated against the total number of Sinopec Shanghai Petrochemical Company shares, or, against the total number of tradable Sinopec Shanghai Petrochemical Company shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Sinopec Shanghai Petrochemical Company's short interest could be expressed as 0% of the outstanding shares (for every 100,000 Sinopec Shanghai Petrochemical Company shares in existence, roughly 0 shares are currently held short) or 0% of the tradable shares (for every 100,000 tradable Sinopec Shanghai Petrochemical Company shares, roughly 0 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Sinopec Shanghai Petrochemical Company.

Find out more about how you can short Sinopec Shanghai Petrochemical Company stock.

Sinopec Shanghai Petrochemical Company share dividends

Dividend payout ratio: 118.5% of net profits

Recently Sinopec Shanghai Petrochemical Company has paid out, on average, around 118.5% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 8.18% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Sinopec Shanghai Petrochemical Company shareholders could enjoy a 8.18% return on their shares, in the form of dividend payments. In Sinopec Shanghai Petrochemical Company's case, that would currently equate to about $1.7 per share.

Sinopec Shanghai Petrochemical Company's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Sinopec Shanghai Petrochemical Company's most recent dividend payout was on 31 July 2020. The latest dividend was paid out to all shareholders who bought their shares by 19 June 2020 (the "ex-dividend date").

Have Sinopec Shanghai Petrochemical Company's shares ever split?

Sinopec Shanghai Petrochemical Company's shares were split on a 3:2 basis on 11 December 2013. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Sinopec Shanghai Petrochemical Company shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for Sinopec Shanghai Petrochemical Company shares which in turn could have impacted Sinopec Shanghai Petrochemical Company's share price.

Sinopec Shanghai Petrochemical Company share price volatility

Over the last 12 months, Sinopec Shanghai Petrochemical Company's shares have ranged in value from as little as $17.03 up to $29.6203. A popular way to gauge a stock's volatility is its "beta".

SHI.US volatility(beta: 0.83)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Sinopec Shanghai Petrochemical Company's is 0.832. This would suggest that Sinopec Shanghai Petrochemical Company's shares are less volatile than average (for this exchange).

Sinopec Shanghai Petrochemical Company overview

Sinopec Shanghai Petrochemical Company Limited, together with its subsidiaries, manufactures and sells petrochemical products in the People's Republic of China. It operates through five segments: Synthetic Fibres, Resins and Plastics, Intermediate Petrochemical Products, Petroleum Products, and Trading of Petrochemical Products. The Synthetic Fibres segment produces polyesters, 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 Petrochemical Products 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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