SINOPEC SHANGHAI PETROCHEMICAL COMPANY LIMITED

Ratings Sinopec Shanghai Petrochemical Company Limited Shanghai S.E.

Equities

600688

CNE000000BB2

End-of-day quote Shanghai S.E. Other stock markets 06:00:00 2024-05-06 pm EDT			5-day change	1st Jan Change
2.87 ^CNY	-1.37%		+1.41%	+0.35%

Apr. 24	Sinopec Shanghai Petrochemical Company Limited Proposes to Enter into the Procurement Contract with Precious Metals Branch	CI
Apr. 24	Sinopec Shanghai Petrochemical Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2024	CI

Summary

Overall, the company has poor fundamentals for a medium to long-term investment strategy.
From a short-term investment perspective, the company presents a deteriorated fundamental situation

Strengths

Its low valuation, with P/E ratio at 8.28 and 6.11 for the ongoing fiscal year and 2025 respectively, makes the stock pretty attractive with regard to earnings multiples.
The company's share price in relation to its net book value makes it look relatively cheap.
The company is one of the best yield companies with high dividend expectations.
Over the last twelve months, the sales forecast has been frequently revised upwards.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.

Weaknesses

As estimated by analysts, this group is among those businesses with the lowest growth prospects.
The company's profitability before interest, taxes, depreciation and amortization characterizes fragile margins.
Low profitability weakens the company.
The company's sales previsions for the coming years have been revised downwards, which foreshadows another slowdown in business.
For the past year, analysts have significantly revised downwards their profit estimates.
For the last twelve months, the analysts covering the company have given a bearish overview of EPS estimates, resulting in frequent downward revisions.
The average price target of analysts who are interested in the stock has been significantly revised downwards over the last four months.
The average consensus view of analysts covering the stock has deteriorated over the past four months.
Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity.
The price targets of various analysts who make up the consensus differ significantly. This reflects different assessments and/or a difficulty in valuing the company.
The company's earnings releases usually do not meet expectations.

Ratings chart - Surperformance

Sector: Oil & Gas Refining and Marketing

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
SINOPEC SHANGHAI PETROCHEMICAL COMPANY LIMITED	+0.35%	3.44B		-
TÜRKIYE PETROL RAFINERILERI	+38.67%	11.96B		B+
HF SINCLAIR CORPORATION	-2.07%	10.88B		B
IDEMITSU KOSAN CO., LTD.	+33.29%	9.35B		B+
ICAHN ENTERPRISES L.P.	-0.12%	7.45B	-	D-
MANGALORE REFINERY AND PETROCHEMICALS LIMITED	+61.24%	4.82B		C
MOTOR OIL HELLAS CORINTH REFINERIES S.A.	+14.56%	3.18B		B+
CVR ENERGY, INC.	-3.53%	2.98B		D+
HELLENIQ ENERGY HOLDINGS S.A.	+15.18%	2.76B		B-
ESSO S.A.F.	+213.58%	2.34B	-	D-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes