SINOPEC Shangai Petrochemical Company, Ltd. (SHI) Company Bio
Sinopec Shanghai Petrochemical operates as a refining-chemical integrated petrochemical company in China. The company operates through five segments: Synthetic Fibres, Resins and Plastics, Intermediate Petrochemicals, Petroleum Products, and Trading of Petrochemical Products. The company was founded in 1972 and is based in Shanghai, China.
SHI Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for SHI, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Sinopec Shanghai Petrochemical Co Ltd ranked in the 18th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. In terms of the factors that were most noteworthy in this DCF analysis for SHI, they are:
The company's balance sheet shows it gets 100% of its capital from equity, and 0% of its capital from debt. Notably, its equity weight is greater than 97.76% of US equities in the Energy sector yielding a positive free cash flow.
The business' balance sheet reveals debt to be 0% of the company's capital (with equity being the remaining amount). Approximately just 1.91% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
SHI's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 61.8% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Energy that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as SHI, try SM, CEO, COG, BP, and ERF.
Sinopec Shanghai Petrochemical (SHI) had declared $1.477/share dividend.Payable July 31; for shareholders of record June 22; ex-div June 19.See SHI Dividend Scorecard, Yield Chart, & Dividend Growth....
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Sinopec Shanghai Petrochemical Company Limited (the "Company") (HKEx: 338; SSE: 600688;NYSE: SHI) announced today that its Form 20-F for the fiscal year ended December 31, 2019, filed with the United States Securities and Exchange Commission on April 29, 2020, has been posted to the Company's website at http://www.spc-ir.com.hk/eng/report.asp. The soft copy of the Company's annual report on Form 20-F could also be downloaded through its website.
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Sinopec Shanghai Petrochemical Company Limited ("Shanghai Petrochemical" or the "Company", together with its subsidiaries known as the "Group") (HKEX: 00338; SSE: 600688; NYSE: SHI) today announced the annual results for the twelve months ended 31 December 2019 (the "Period").