How to buy Sinopec Shanghai Petrochemical Company stock | $24.39

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 8,199 staff and has a trailing 12-month revenue of around 0.00.

Sinopec Shanghai Petrochemical Company stock price (NYSE: SHI)

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

Sinopec Shanghai Petrochemical Company shares at a glance

• Key figures

Information last updated 2021-10-16.

Latest market close	$24.39
52-week range	$17.33 - $27.36
50-day moving average	$24.70
200-day moving average	$24.01
Wall St. target price	$27.00
PE ratio	4.7824
Dividend yield	$0.1 (0.41%)
Earnings per share (TTM)	$5.10

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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 $24.39 from 2021-10-15

1 week (2021-10-07)	-4.09%
1 month (2021-09-17)	-4.20%
3 months (2021-07-16)	10.76%
6 months (2021-04-16)	-3.52%

1 year (2020-10-16)	26.44%
2 years (2019-10-17)	-15.31%
3 years (2018-10-17)	47.36
5 years (2016-10-17)	50.81

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 5x. In other words, Sinopec Shanghai Petrochemical Company shares trade at around 5x 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's EBITDA

Sinopec Shanghai Petrochemical Company's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $4.4 billion.

The EBITDA is a measure of a Sinopec Shanghai Petrochemical Company's overall financial performance and is widely used to measure a its profitability.

Sinopec Shanghai Petrochemical Company financials

Revenue TTM	$76.2 billion
Operating margin TTM	3.62%
Gross profit TTM	$14.3 billion
Return on assets TTM	3.86%
Return on equity TTM	12.7%
Profit margin	4.71%
Book value	$272.20
Market capitalisation	$5.6 billion

TTM: trailing 12 months

Shorting Sinopec Shanghai Petrochemical Company shares

There are currently 8,280 Sinopec Shanghai Petrochemical Company shares held short by investors – that's known as Sinopec Shanghai Petrochemical Company's "short interest". This figure is 82.3% down from 46,678 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 55200). Sinopec Shanghai Petrochemical Company's SIR currently stands at 0.15. In other words for every 100,000 Sinopec Shanghai Petrochemical Company shares traded daily on the market, roughly 150 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 0.0002% 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: 11.15% of net profits

Recently Sinopec Shanghai Petrochemical Company has paid out, on average, around 11.15% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 6.38% 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 6.38% return on their shares, in the form of dividend payments. In Sinopec Shanghai Petrochemical Company's case, that would currently equate to about $0.1 per share.

While Sinopec Shanghai Petrochemical Company's payout ratio might seem low, this can signify that Sinopec Shanghai Petrochemical Company is investing more in its future growth.

Sinopec Shanghai Petrochemical Company's most recent dividend payout was on 29 July 2021. The latest dividend was paid out to all shareholders who bought their shares by 17 June 2021 (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 10 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 $17.3327 up to $27.36. A popular way to gauge a stock's volatility is its "beta".

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 0.7766. 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 Fibers, Resins and Plastics, Intermediate Petrochemicals, Petroleum Products, and Trading of Petrochemical Products. The Synthetic Fibers 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 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 refinery facilities used to produce refined gasoline, fuel, diesel oil, heavy oil, and liquefied petroleum gas. The Trading of Petrochemical Products segment is involved in the import and export of petrochemical products.

Frequently asked questions

What percentage of Sinopec Shanghai Petrochemical Company is owned by institutions?
Currently 3.341% of Sinopec Shanghai Petrochemical Company shares are held by institutions. How many people work for Sinopec Shanghai Petrochemical Company?
Latest data suggests 8,199 work at Sinopec Shanghai Petrochemical Company. When does the fiscal year end for Sinopec Shanghai Petrochemical Company?
Sinopec Shanghai Petrochemical Company's fiscal year ends in December. Where is Sinopec Shanghai Petrochemical Company based?
Sinopec Shanghai Petrochemical Company's address is: 48 Jinyi Road, Shanghai, China, 200540 What is Sinopec Shanghai Petrochemical Company's ISIN number?
Sinopec Shanghai Petrochemical Company's international securities identification number is: US82935M1099 What is Sinopec Shanghai Petrochemical Company's CUSIP number?
Sinopec Shanghai Petrochemical Company's Committee on Uniform Securities Identification Procedures number is: 82935M109