Sinopec Shanghai Petrochemical Company Limited (SHIIY)
Sinopec Shanghai Petrochemical Company Limited operates in the Oil & Gas Refining & Marketing industry of the Energy sector, headquartered in Shanghai, CN. The stock last traded at $18.28, up 2.07% on the session, giving a market capitalisation of $4.28B. On trailing twelve-month figures it carries a trailing P/E of -31.56, a net margin of -1.3%. Its beta of 0.89 implies it has historically moved less than the broad market.
Sinopec Shanghai Petrochemical Company Limited, along with its affiliated entities, is a Chinese enterprise engaged in the production and distribution of petroleum-based goods within the People's Republic of China. The company's operations are categorized into five distinct divisions: Synthetic Fibers, Resins and Plastics, Intermediate Petrochemicals, Petroleum Products, and Petrochemical Product Trading. Its Synthetic Fibers division creates polyesters, acrylics, and carbon fibers, mainly catering to the textile and clothing sectors. The Resins and Plastics unit manufactures polyester chips, essential for making polyester fibers, coatings, and various containers. It also yields polyethylene resins and plastics, finding applications in insulated cabling, agricultural mulching films, and molded items like household goods and toys. Furthermore, this segment produces polypropylene resins, utilized for films, sheets, and molded applications spanning housewares, toys, consumer electronics, and automotive components, in addition to PVA granules. The Intermediate Petrochemicals segment generates p-xylene, benzene, and ethylene oxide, which serve as fundamental raw materials for the subsequent manufacture of other petrochemicals, resins, plastics, and synthetic fibers. Its Petroleum Products division manages crude oil refining operations, yielding refined gasoline, various fuels, diesel, heavy oil, and liquefied petroleum gas (LPG). Lastly, the Petrochemical Product Trading division handles the import and export activities of petrochemical commodities. Established in Shanghai, People's Republic of China, in 1972, Sinopec Shanghai Petrochemical Company Limited operates as a subsidiary of China Petroleum & Chemical Corporation.
Sinopec Shanghai Petrochemical Company Limited is most often compared with the following Energy names: