How to buy Sinopec Shanghai Petrochemical Company (SHI) shares in the UK

Learn how to easily invest in Sinopec Shanghai Petrochemical Company shares.

Sinopec Shanghai Petrochemical Co Ltd ADR (SHI) is a publicly traded oil and gas refining and marketing business based in China. On 12 September Sinopec Shanghai Petrochemical Company shares leapt 28.14% to a closing position of $15.8. However, over the last 12 months, Sinopec Shanghai Petrochemical Company's share price has fallen by 5.12% from $24.59. Sinopec Shanghai Petrochemical Company is listed on the NYSE and employs 8,039 staff. All prices are listed in US Dollars.

How to buy shares in Sinopec Shanghai Petrochemical Company

  1. Choose a platform. If you're a beginner, our share-dealing table below can help you choose.
  2. Open your account. You'll need your ID, bank details and national insurance number.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: SHI in this case.
  5. Research Sinopec Shanghai Petrochemical Company shares. The platform should provide the latest information available.
  6. Buy your Sinopec Shanghai Petrochemical Company shares. It's that simple.
The whole process can take as little as 15 minutes. You'll need a smartphone or computer, an internet connection, your passport or driving licence and a means of payment.

Fees for buying 50x Sinopec Shanghai Petrochemical Company shares with popular platforms

Both exchange rates and share prices fluctuate in real time, so the costs presented here should be considered as a guide only. They do not incorporate stamp duty. Always refer to the platform itself for availability and pricing – which may differ from our information.

Platform Platform fee Min. initial deposit Trading fee estimate
eToro Free Stocks logo £0 $10 £5.37
£1,079.84 total
Capital at risk
IG Share Dealing logo £0 £250 £14.63
£1,089.09 total
Capital at risk
Fineco logo £0 No minimum £10.74
£1,085.21 total
Capital at risk
Hargreaves Lansdown Fund and Share Account logo £0 £1 £22.69
£1,097.16 total
Capital at risk
Degiro Share Dealing logo £0 £0.01 £1.07
£1,075.54 total
Capital at risk
Freetrade logo £0 £1 £4.84
£1,079.30 total
Capital at risk
interactive investor Trading Account logo £9.99 per month No minimum £24.11
£1,098.57 total
Capital at risk
Stake logo £0 £50 £5.37
£1,079.84 total
Capital at risk
Halifax Share Dealing Account logo £36 per year £20 £22.93
£1,097.39 total
Capital at risk

Full comparison of share dealing platforms

Sinopec Shanghai Petrochemical Company share price (NYSE:SHI)

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

Sinopec Shanghai Petrochemical Company price performance over time

Historical closes compared with the last close of $23.33

1 week (2022-09-16) 55.53%
1 month (2022-08-24) 46.36%
3 months (2022-06-24) 23.05%
6 months (2022-03-24) 13.20%
1 year (2021-09-20) -5.05%
2 years (2020-09-24) 34.62%
3 years (2019-09-24) -20.51%
5 years (2017-09-22) -61.01%

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.

Promoted
eToro Free Stocks

Invest in Sinopec Shanghai Petrochemical Company shares with 0% commission

  • Start investing from as little as $10
  • Pay no stamp duty on UK shares
  • Join 25 million users who trust their investments with eToro
Other fees apply. Capital at risk

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

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

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

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 6x. In other words, Sinopec Shanghai Petrochemical Company shares trade at around 6x 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.

EBITDA

Sinopec Shanghai Petrochemical Company's EBITDA (earnings before interest, taxes, depreciation and amortisation) is a whopping $2.1 billion (£2 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 shares at a glance

Information last updated 2021-07-09.
Open$23.02
High$23.33
Low$22.97
Close$23.33
Previous close$23.01
Change$0.32
Change %1.3907%
Volume21,007
Information last updated 2022-09-18.
52-week range$12 - $24.8544
50-day moving average$15.8298
200-day moving average$19.431
Wall St. target price$27
PE ratio5.5379
Dividend yield$0.1 (9.63%)
Earnings per share (TTM)$2.77

Do Sinopec Shanghai Petrochemical Company shares pay dividends?

9.6%

Dividend yield: 9.63% of stock value

9.6%

Forward annual dividend yield: 9.63% of stock value

3.1%

Dividend payout ratio: 3.07% of net profits

Sinopec Shanghai Petrochemical Company has recently paid out dividends equivalent to 9.63% of its share value annually.

Sinopec Shanghai Petrochemical Company has paid out, on average, around 3.07% of recent net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 9.63% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), shareholders could enjoy a 9.63% 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 the company is investing more in its future growth.

Sinopec Shanghai Petrochemical Company's most recent dividend payout was on 8 August 2022. The latest dividend was paid out to all shareholders who bought their shares by 27 June 2022 (the "ex-dividend date").

Share price volatility

Over the last 12 months, Sinopec Shanghai Petrochemical Company's shares have ranged in value from as little as $12 up to $24.8544. A popular way to gauge a stock's volatility is its "beta".

SHI.US volatility(beta: 0.71)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 0.7133. This would suggest that Sinopec Shanghai Petrochemical Company's shares are less volatile than average (for this exchange).

Frequently asked questions

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site