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Last $41.63 USD
Change Today +1.33 / 3.30%
Volume 32.6K
As of 8:04 PM 07/28/15 All times are local (Market data is delayed by at least 15 minutes).

sinopec shanghai-spons adr (SHI) Snapshot

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52 Week High
04/27/15 - $67.80
52 Week Low
01/29/15 - $28.21
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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sinopec shanghai-spons adr (SHI) Details

Sinopec Shanghai Petrochemical Company Limited, together with its subsidiaries, operates as a refining-chemical integrated petrochemical company in the People’s Republic of China. The company operates through five segments: Synthetic Fibres, Resins and Plastics, Intermediate Petrochemicals, Petroleum Products, and Trading of Petrochemical Products. The Synthetic Fibres segment produces polyester and acrylic fibers, which are used in the textile and apparel industries. The Resins and Plastics segment produces polyester chips that are used to produce polyester fibers, coating, and containers; polyethylene resins and plastics, which are used to produce insulated cable, mulching films, and molded products, such as housewares and toys; and polypropylene resins that are used for films, sheets, and molded products, such as housewares, toys, consumer electronics, and automobile parts; and PVA granules. The Intermediate Petrochemicals segment produces p-xylene, benzene, and ethylene oxide, which are used as raw materials in the production of other petrochemicals, resins, plastics, and synthetic fibers. The Petroleum Products segment operates crude oil distillation facilities that produce vacuum and atmospheric gas oils used as feedstock; and residual oil and low octane gasoline fuels, as well as produces various fuels, such as diesel oil, jet fuel, heavy oil, and liquefied petroleum gas for transportation, industry, and household heating usage. The Trading of Petrochemical Products segment is involved in the import and export of petrochemical products. The company was founded in 1972 and is based in Shanghai, the People's Republic of China. Sinopec Shanghai Petrochemical Company Limited is a subsidiary of China Petroleum & Chemical Corporation.

13,313 Employees
Last Reported Date: 03/23/15
Founded in 1972

sinopec shanghai-spons adr (SHI) Top Compensated Officers

Chairman, President and Chairman of Nominatio...
Total Annual Compensation: CNY814.0K
Chief Financial Officer, Executive Director a...
Total Annual Compensation: CNY714.0K
Vice Chairman and Vice President
Total Annual Compensation: CNY794.0K
Vice Chairman and Vice President
Total Annual Compensation: --
Director of the Board Secretariat, Director o...
Total Annual Compensation: --
Compensation as of Fiscal Year 2014.

sinopec shanghai-spons adr (SHI) Key Developments

Shanghai Petrochemical Company Limited Provides Earnings Guidance for the Six Months Ended 30 June 2015

Shanghai Petrochemical Company Limited announced that the company is expected to record a profit for the six months ended 30 June 2015, which stands in contrast to the loss recorded for the same period of the last year. Under the China Accounting Standards for Business Enterprises, net profit attributable to equity shareholders of the Company is expected to be between RMB 1,680 million and RMB 1,780 million. Major reasons for turning losses into profits in the results for the period: In the first half of 2015, international crude oil prices gradually stabilised after hitting bottom in January. The Group saw its costs of crude oil processing decreased sharply and recorded an increase in gross profit margin of its products compared with the same period last year. In addition, profits of its associates and joint ventures increased remarkably due to the decrease in the cost of raw materials and increase in the gross profits of petrochemical products.

Sinopec Shanghai Petrochemical Co. Ltd., Board Meeting, Jun 18, 2015

Sinopec Shanghai Petrochemical Co. Ltd., Board Meeting, Jun 18, 2015. Agenda: To consider and approve proposal of supplementing non-executive independent director Liu yunhong and Du weifeng members of examination committee of eighth directorate; to consider the proposal of supplementing non-executive independent Director Zhang Yimin and Du Weifeng Member of Remuneration & Evaluation Committee of eighth Directorate and electing Zhang Yimin Director of the Committee; and to consider the Proposal of supplementing Non-executive Independent Director Zhang Yimin and Du Weifeng Member of Nomination Committee of eighth Directorate.

Sinopec Shanghai Petrochemical Co. Ltd. Approves Election of Directors

Sinopec Shanghai Petrochemical Co. Ltd. announced that at the AGM held on 18 June 2015, elected Liu Yunhong and Du Weifeng as non-executive independent directors of the eighth session of the Board.


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