Sinopec Shanghai Petrochemical Co Stock

Sinopec Shanghai Petrochemical Co Debt 2024

Sinopec Shanghai Petrochemical Co Debt

337.42 CNY

Ticker

600688.SS

ISIN

CNE000000BB2

WKN

A0M4XN

In 2024, Sinopec Shanghai Petrochemical Co's total debt was 337.42 CNY, a -119.95% change from the -1,691.13 CNY total debt recorded 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.

Debt Details

Understanding Sinopec Shanghai Petrochemical Co's Debt Structure

Sinopec Shanghai Petrochemical Co's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing Sinopec Shanghai Petrochemical Co's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to Sinopec Shanghai Petrochemical Co’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in Sinopec Shanghai Petrochemical Co’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about Sinopec Shanghai Petrochemical Co stock

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

Sinopec Shanghai Petrochemical Co has a debt level of 337.42 CNY this year.

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

The debt of Sinopec Shanghai Petrochemical Co has increased by -119.95% compared to the previous year dropped.

What are the consequences of high debt for investors in Sinopec Shanghai Petrochemical Co?

High debt can pose a risk for investors of Sinopec Shanghai Petrochemical Co, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.

What are the consequences of low debt for investors of Sinopec Shanghai Petrochemical Co?

Low debt means that Sinopec Shanghai Petrochemical Co has a strong financial position and is able to fulfill its obligations without overburdening its finances.

How does an increase in debt from Sinopec Shanghai Petrochemical Co affect the company?

An increase in debt of Sinopec Shanghai Petrochemical Co can adversely affect the financial condition of the company and result in a higher burden on its finances.

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

A reduction in debt of Sinopec Shanghai Petrochemical Co can strengthen the company's financial position and improve its ability to meet its financial obligations.

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

Some factors that can influence the debt of Sinopec Shanghai Petrochemical Co include investments, acquisitions, operating costs, and revenue development.

Why are the debts of Sinopec Shanghai Petrochemical Co so important for investors?

The debts of Sinopec Shanghai Petrochemical Co are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.

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

To change the debt, Sinopec Shanghai Petrochemical Co can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.

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 3.34 %. 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 3.34 %.

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.