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Sinopec Shanghai Petrochemical Co Stock

Sinopec Shanghai Petrochemical Co Equity 2024

Sinopec Shanghai Petrochemical Co Equity

24.82 B CNY

Ticker

600688.SS

ISIN

CNE000000BB2

WKN

A0M4XN

In 2024, Sinopec Shanghai Petrochemical Co's equity was 24.82 B CNY, a -5.41% increase from the 26.24 B CNY equity 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.

Equity Details

Analyzing Sinopec Shanghai Petrochemical Co's Equity

Sinopec Shanghai Petrochemical Co's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Sinopec Shanghai Petrochemical Co's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating Sinopec Shanghai Petrochemical Co's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.

Impact on Investments

Sinopec Shanghai Petrochemical Co's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.

Interpreting Equity Fluctuations

Fluctuations in Sinopec Shanghai Petrochemical Co’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.

Frequently Asked Questions about Sinopec Shanghai Petrochemical Co stock

What is the equity of Sinopec Shanghai Petrochemical Co this year?

Sinopec Shanghai Petrochemical Co has equity of 24.82 B CNY this year.

What was the equity of Sinopec Shanghai Petrochemical Co compared to the previous year?

The equity of Sinopec Shanghai Petrochemical Co has increased/decreased by -5.41% decreased compared to the previous year.

What impact does a high equity have on investors of Sinopec Shanghai Petrochemical Co?

A high equity is advantageous for investors of Sinopec Shanghai Petrochemical Co as it is an indicator of the company's financial stability and its ability to manage risks and challenges.

What impact does low equity have on investors of Sinopec Shanghai Petrochemical Co?

A low equity can be a risk for investors of Sinopec Shanghai Petrochemical Co, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.

How does an increase in equity of Sinopec Shanghai Petrochemical Co affect the company?

An increase in equity of Sinopec Shanghai Petrochemical Co can strengthen the company's financial position and improve its ability to make investments in the future.

How does a reduction in the equity of Sinopec Shanghai Petrochemical Co affect the company?

A reduction in equity of Sinopec Shanghai Petrochemical Co can affect the financial situation of the company and lead to a higher dependence on debt capital.

What are some factors that influence the equity of Sinopec Shanghai Petrochemical Co?

Some factors that can affect the equity of Sinopec Shanghai Petrochemical Co include profits, dividend payments, capital increases, and acquisitions.

Why is the equity of Sinopec Shanghai Petrochemical Co so important for investors?

The equity of Sinopec Shanghai Petrochemical Co is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.

What strategic measures can Sinopec Shanghai Petrochemical Co take to change the equity?

To change equity, Sinopec Shanghai Petrochemical Co can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.

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.