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Sinopec Shanghai Petrochemical Co Stock

Sinopec Shanghai Petrochemical Co ROE 2024

Sinopec Shanghai Petrochemical Co ROE

-0.06

Ticker

600688.SS

ISIN

CNE000000BB2

WKN

A0M4XN

In 2024, Sinopec Shanghai Petrochemical Co's return on equity (ROE) was -0.06, a -48.25% increase from the -0.11 ROE in the previous year.

Sinopec Shanghai Petrochemical Co Aktienanalyse

What does Sinopec Shanghai Petrochemical Co do?

Sinopec Shanghai Petrochemical Co Ltd is a leading Chinese company in the petrochemical industry. The company is headquartered in Shanghai, China and was founded in 1972 as a joint venture between Shanghai Petrochemical Company and China Petrochemical Corporation. The history of Sinopec Shanghai Petrochemical Co Ltd dates back to the 1970s when the company started as the first cooperative project between the People's Republic of China and Japan. The company was established to provide China access to advanced Japanese technology and know-how in the petrochemical industry. Over the years, the company has continuously expanded its production and has become one of the largest petrochemical companies in China. Sinopec Shanghai Petrochemical Co Ltd has a diversified business model with multiple business segments including refinery, petrochemicals, synthetic fibers, plastics, and chemicals. The product range includes a variety of products such as ethylene, propylene, butadiene, methyltetrahydrofuran, p-xylylenediamine, phenol, acetic acid, ethylene oxide, textile fibers, and synthetic resins. The company's refinery unit processes crude oil to produce a wide range of products such as gasoline, diesel, and kerosene. The petrochemical unit produces chemical raw materials such as ethylene and propylene, which are used in the manufacturing of plastics, rubber, and other chemical products. Sinopec Shanghai Petrochemical Co Ltd's synthetic fiber unit produces various types of synthetic fibers used in a variety of applications, from clothing to technical textiles. The company's plastic unit produces a variety of plastics, including polystyrene, polyethylene terephthalate, and polypropylene. In recent years, Sinopec Shanghai Petrochemical Co Ltd has focused on the development of environmentally friendly products and processes and is working towards achieving the goals of sustainable development. Among other initiatives, the company has launched a project to reduce energy consumption and CO2 emissions in production. Sinopec Shanghai Petrochemical Co Ltd has also developed an environmental management strategy aimed at reducing the environmental impact of production and improving environmental protection. Overall, Sinopec Shanghai Petrochemical Co Ltd is a key player in the petrochemical industry in China and globally. The company has made significant progress in recent years in producing high-quality and environmentally friendly products and is on track to fulfill its mission of becoming a leading global petrochemical brand. Sinopec Shanghai Petrochemical Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROE Details

Decoding Sinopec Shanghai Petrochemical Co's Return on Equity (ROE)

Sinopec Shanghai Petrochemical Co's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Sinopec Shanghai Petrochemical Co's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Sinopec Shanghai Petrochemical Co's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Sinopec Shanghai Petrochemical Co’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Sinopec Shanghai Petrochemical Co stock

What is the ROE (Return on Equity) of Sinopec Shanghai Petrochemical Co this year?

The ROE of Sinopec Shanghai Petrochemical Co this year is -0.06 undefined.

How has the Return on Equity (ROE) of Sinopec Shanghai Petrochemical Co developed compared to the previous year?

The ROE of Sinopec Shanghai Petrochemical Co has increased by -48.25% decreased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Sinopec Shanghai Petrochemical Co?

A high ROE indicates that Sinopec Shanghai Petrochemical Co generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Sinopec Shanghai Petrochemical Co?

A low ROE can indicate that Sinopec Shanghai Petrochemical Co is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Sinopec Shanghai Petrochemical Co affect the company?

A change in ROE (Return on Equity) of Sinopec Shanghai Petrochemical Co can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Sinopec Shanghai Petrochemical Co?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Sinopec Shanghai Petrochemical Co?

Some factors that can influence Sinopec Shanghai Petrochemical Co's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

How much dividend does Sinopec Shanghai Petrochemical Co pay?

Over the past 12 months, Sinopec Shanghai Petrochemical Co paid a dividend of 0.1 CNY . This corresponds to a dividend yield of about 4.03 %. For the coming 12 months, Sinopec Shanghai Petrochemical Co is expected to pay a dividend of 0 CNY.

What is the dividend yield of Sinopec Shanghai Petrochemical Co?

The current dividend yield of Sinopec Shanghai Petrochemical Co is 4.03 %.

When does Sinopec Shanghai Petrochemical Co pay dividends?

Sinopec Shanghai Petrochemical Co pays a quarterly dividend. This is distributed in the months of August, August, August, August.

How secure is the dividend of Sinopec Shanghai Petrochemical Co?

Sinopec Shanghai Petrochemical Co paid dividends every year for the past 3 years.

What is the dividend of Sinopec Shanghai Petrochemical Co?

For the upcoming 12 months, dividends amounting to 0 CNY are expected. This corresponds to a dividend yield of 0 %.

In which sector is Sinopec Shanghai Petrochemical Co located?

Sinopec Shanghai Petrochemical Co is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Sinopec Shanghai Petrochemical Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Sinopec Shanghai Petrochemical Co from 7/28/2022 amounting to 0.1 CNY, you needed to have the stock in your portfolio before the ex-date on 7/28/2022.

When did Sinopec Shanghai Petrochemical Co pay the last dividend?

The last dividend was paid out on 7/28/2022.

What was the dividend of Sinopec Shanghai Petrochemical Co in the year 2023?

In the year 2023, Sinopec Shanghai Petrochemical Co distributed 0.1 CNY as dividends.

In which currency does Sinopec Shanghai Petrochemical Co pay out the dividend?

The dividends of Sinopec Shanghai Petrochemical Co are distributed in CNY.

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Andere Kennzahlen von Sinopec Shanghai Petrochemical Co

Our stock analysis for Sinopec Shanghai Petrochemical Co Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Sinopec Shanghai Petrochemical Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.