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. 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.
IPO Year:
Exchange: NYSE
Website: spc.com.cn
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/28/2022 | Overweight → Equal-Weight | Morgan Stanley | |
| 4/19/2022 | Neutral → Underweight | JP Morgan | |
| 9/27/2021 | Neutral | JP Morgan |
6-K - SINOPEC SHANGHAI PETROCHEMICAL CO LTD (0000908732) (Filer)
6-K - SINOPEC SHANGHAI PETROCHEMICAL CO LTD (0000908732) (Filer)
6-K - SINOPEC SHANGHAI PETROCHEMICAL CO LTD (0000908732) (Filer)
6-K - SINOPEC SHANGHAI PETROCHEMICAL CO LTD (0000908732) (Filer)
6-K - SINOPEC SHANGHAI PETROCHEMICAL CO LTD (0000908732) (Filer)
6-K - SINOPEC SHANGHAI PETROCHEMICAL CO LTD (0000908732) (Filer)
6-K - SINOPEC SHANGHAI PETROCHEMICAL CO LTD (0000908732) (Filer)
6-K - SINOPEC SHANGHAI PETROCHEMICAL CO LTD (0000908732) (Filer)
6-K - SINOPEC SHANGHAI PETROCHEMICAL CO LTD (0000908732) (Filer)
6-K - SINOPEC SHANGHAI PETROCHEMICAL CO LTD (0000908732) (Filer)
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Morgan Stanley downgraded Shanghai Petrochemical from Overweight to Equal-Weight
JP Morgan downgraded Shanghai Petrochemical from Neutral to Underweight
JP Morgan initiated coverage of Shanghai Petrochemical with a rating of Neutral
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NEW YORK, NY / ACCESSWIRE / August 12, 2022 / Sinopec Shanghai Petrochemical Company Limited (the "Company") (NYSE:SHI) (HKEX:00338) (SSE:600688) announced today that the Company notified the New York Stock Exchange (the "NYSE") on 12 August 2022 (eastern time of the United States) that it intends to voluntarily delist its American depositary shares (the "ADSs") representing Class H ordinary shares of the Company (the "H Shares") from the NYSE (the "Delisting") and, when the legal conditions are met, terminate its registration of such ADSs and the reporting obligations under the United States Securities Exchange Act of 1934, as amended (the "Exchange Act").The decision of the Delisting is ba
NEW YORK, NY / ACCESSWIRE / April 28, 2022 / Sinopec Shanghai Petrochemical Company Limited (the "Company") (HKEx:338)(SSE:600688) (NYSE:SHI) announced today that its Form 20-F for the fiscal year ended December 31, 2021, filed with the United States Securities and Exchange Commission on April 28, 2022, has been posted to the Company's website at http://spc.sinopec.com/spc/en/investor/com_notice/. The soft copy of the Company's annual report on Form 20-F could also be downloaded through its website.The Company will deliver within a reasonable time after request a hard copy of its 2021 annual report on Form 20-F, including its complete audited consolidated financial statements, free of charge
BEIJING, CHINA / ACCESSWIRE / August 29, 2021 / China Petroleum & Chemical Corporation ("Sinopec Corp." or the "Company") (HKEX:386)(SSE:600028)(NYSE:SNP) today announced its interim results for the six months ended 30 June 2021.Financial HighlightsIn accordance with IFRS, the Company's turnover and other operating revenues in the first half of 2021 were RMB 1.26 trillion, surged by 22.1% year on year. Profit attributable to equity shareholders of the Company was RMB 40.0 billion. Basic earnings per share were RMB 0.330. Both were greatly improved and better than pre-pandemic level. The Company's liability-to-asset ratio as of 30 June 2021 was 51.09%, maintaining a sound financial position.F
NEW YORK, NY / ACCESSWIRE / April 28, 2021 / Sinopec Shanghai Petrochemical Company Limited (the "Company") (HKEx:338)(SSE:600688)(NYSE:SHI) announced today that its Form 20-F for the fiscal year ended December 31, 2020, filed with the United States Securities and Exchange Commission on April 29, 2020, has been posted to the Company's website at http://www.spc-ir.com.hk/eng/report.asp. The soft copy of the Company's annual report on Form 20-F could also be downloaded through its website.The Company will deliver within a reasonable time after request a hard copy of its 2020 annual report on Form 20-F, including its complete audited consolidated financial statements, free of charge, to any sha
HONG KONG / ACCESSWIRE / March 24, 2021 / Sinopec Shanghai Petrochemical Company Limited ("Shanghai Petrochemical" or the "Company", together with its subsidiaries known as the "Group") (HKEX:00338)(SSE:600688)(NYSE:SHI) today announced the annual results for the twelve months ended 31 December 2020 (the "Period"). Given the global COVID-19 pandemic spread, a short-term historical plunge in international oil price and a sharp fall in market demand in 2020, The Group adhered closely to the grand principle of seeking progress while maintaining stability. The Group sought to ensure "Six-Sphere Stability" and "Six-Sphere Guarantees", and strove for the resumption of works and production at the
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BEIJING, CHINA / ACCESSWIRE / August 29, 2021 / China Petroleum & Chemical Corporation ("Sinopec Corp." or the "Company") (HKEX:386)(SSE:600028)(NYSE:SNP) today announced its interim results for the six months ended 30 June 2021.Financial HighlightsIn accordance with IFRS, the Company's turnover and other operating revenues in the first half of 2021 were RMB 1.26 trillion, surged by 22.1% year on year. Profit attributable to equity shareholders of the Company was RMB 40.0 billion. Basic earnings per share were RMB 0.330. Both were greatly improved and better than pre-pandemic level. The Company's liability-to-asset ratio as of 30 June 2021 was 51.09%, maintaining a sound financial position.F
HONG KONG / ACCESSWIRE / March 24, 2021 / Sinopec Shanghai Petrochemical Company Limited ("Shanghai Petrochemical" or the "Company", together with its subsidiaries known as the "Group") (HKEX:00338)(SSE:600688)(NYSE:SHI) today announced the annual results for the twelve months ended 31 December 2020 (the "Period"). Given the global COVID-19 pandemic spread, a short-term historical plunge in international oil price and a sharp fall in market demand in 2020, The Group adhered closely to the grand principle of seeking progress while maintaining stability. The Group sought to ensure "Six-Sphere Stability" and "Six-Sphere Guarantees", and strove for the resumption of works and production at the
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SC 13G/A - SINOPEC SHANGHAI PETROCHEMICAL CO LTD (0000908732) (Subject)
SC 13G - SINOPEC SHANGHAI PETROCHEMICAL CO LTD (0000908732) (Subject)