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 2024-04-25 pm EDT			5-day change	1st Jan Change
2.82 ^CNY	0.00%		-2.42%	-1.40%

Apr. 24	Sinopec Shanghai Petrochemical Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
Apr. 15	Sinopec Shanghai Petrochemical's Chairman Resigns	MT

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

The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.
The company's share price in relation to its net book value makes it look relatively cheap.
This company will be of major interest to investors in search of a high dividend stock.
Over the past year, analysts have regularly revised upwards their sales forecast for the company.
The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.

Weaknesses

As estimated by analysts, this group is among those businesses with the lowest growth prospects.
As a percentage of sales and without taking into account depreciation and amortization, the company has relatively low 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 four months, earnings estimated by analysts have been revised downwards with respect to the next two years.
Over the past four months, analysts' average price target has been revised downwards significantly.
The overall consensus opinion of analysts has deteriorated sharply over the past four months.
Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's 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	-1.40%	3.33B		-
ORLEN SPÓ?KA AKCYJNA	+2.78%	19.29B		C+
TÜRKIYE PETROL RAFINERILERI	+34.34%	11.4B		B+
HF SINCLAIR CORPORATION	+3.13%	11.3B		B
IDEMITSU KOSAN CO., LTD.	+36.55%	9.18B		B+
ICAHN ENTERPRISES L.P.	+0.35%	7.4B	-	D-
MANGALORE REFINERY AND PETROCHEMICALS LIMITED	+88.44%	5.28B		C
CVR ENERGY, INC.	+9.64%	3.34B		D+
MOTOR OIL HELLAS CORINTH REFINERIES S.A.	+12.04%	3.08B		B+
HELLENIQ ENERGY HOLDINGS S.A.	+15.04%	2.73B		B-

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