Sinopec Shanghai Petrochemical Co Ltd Class A (600688) - Net Assets

Latest as of September 2025: CN¥24.37 Billion CNY

Based on the latest financial reports, Sinopec Shanghai Petrochemical Co Ltd Class A (600688) has net assets worth CN¥24.37 Billion CNY as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥41.86 Billion) and total liabilities (CN¥17.49 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥24.37 Billion
% of Total Assets 58.22%
Annual Growth Rate 3.03%
5-Year Change -14.28%
10-Year Change 25.13%
Growth Volatility 11.43

Sinopec Shanghai Petrochemical Co Ltd Class A - Net Assets Trend (1995–2024)

This chart illustrates how Sinopec Shanghai Petrochemical Co Ltd Class A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Sinopec Shanghai Petrochemical Co Ltd Class A (1995–2024)

The table below shows the annual net assets of Sinopec Shanghai Petrochemical Co Ltd Class A from 1995 to 2024.

Year Net Assets Change
2024-12-31 CN¥25.14 Billion +0.81%
2023-12-31 CN¥24.94 Billion -5.36%
2022-12-31 CN¥26.36 Billion -13.24%
2021-12-31 CN¥30.38 Billion +3.55%
2020-12-31 CN¥29.33 Billion -2.20%
2019-12-31 CN¥29.99 Billion -1.54%
2018-12-31 CN¥30.46 Billion +6.83%
2017-12-31 CN¥28.52 Billion +14.05%
2016-12-31 CN¥25.00 Billion +24.43%
2015-12-31 CN¥20.09 Billion +19.81%
2014-12-31 CN¥16.77 Billion -6.78%
2013-12-31 CN¥17.99 Billion +10.35%
2012-12-31 CN¥16.30 Billion -10.40%
2011-12-31 CN¥18.20 Billion +2.11%
2010-12-31 CN¥17.82 Billion +16.48%
2009-12-31 CN¥15.30 Billion +11.18%
2008-12-31 CN¥13.76 Billion -34.32%
2007-12-31 CN¥20.95 Billion +8.71%
2006-12-31 CN¥19.28 Billion +0.47%
2005-12-31 CN¥19.19 Billion +2.10%
2004-12-31 CN¥18.79 Billion +22.31%
2003-12-31 CN¥15.36 Billion +7.07%
2002-12-31 CN¥14.35 Billion +5.94%
2001-12-31 CN¥13.54 Billion -1.60%
2000-12-31 CN¥13.76 Billion +6.60%
1999-12-31 CN¥12.91 Billion +2.04%
1998-12-31 CN¥12.65 Billion +1.07%
1997-12-31 CN¥12.52 Billion +5.58%
1996-12-31 CN¥11.86 Billion +12.14%
1995-12-31 CN¥10.57 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Sinopec Shanghai Petrochemical Co Ltd Class A's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 683367200000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥6.83 Billion 27.29%
Common Stock CN¥10.68 Billion 42.63%
Other Comprehensive Income CN¥293.42 Million 1.17%
Other Components CN¥7.24 Billion 28.91%
Total Equity CN¥25.04 Billion 100.00%

Sinopec Shanghai Petrochemical Co Ltd Class A Competitors by Market Cap

The table below lists competitors of Sinopec Shanghai Petrochemical Co Ltd Class A ranked by their market capitalization.

Company Market Cap
EREGLI DEM CEL FABR DL1
F:EDVA
 		$3.02 Billion
Iskenderun Demir ve Celik AS
IS:ISDMR
 		$3.03 Billion
KAR Auction Services Inc
NYSE:KAR
 		$3.03 Billion
Arcplus Group PLC
SHG:600629
 		$3.03 Billion
BKV Corporation
NYSE:BKV
 		$3.02 Billion
OceanaGold Corporation
F:RQQ
 		$3.02 Billion
Aperam SA
MC:APAM
 		$3.02 Billion
Eclat Textile Co Ltd
TW:1476
 		$3.02 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Sinopec Shanghai Petrochemical Co Ltd Class A's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 24,412,559,000 to 25,040,254,000, a change of 627,695,000 (2.6%).
  • Net income of 316,500,000 contributed positively to equity growth.
  • Dividend payments of 97,850,000 reduced retained earnings.
  • Share repurchases of 113,279,000 reduced equity.
  • Other comprehensive income decreased equity by 6,767,576,000.
  • Other factors increased equity by 7,289,900,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥316.50 Million +1.26%
Dividends Paid CN¥97.85 Million -0.39%
Share Repurchases CN¥113.28 Million -0.45%
Other Comprehensive Income CN¥-6.77 Billion -27.03%
Other Changes CN¥7.29 Billion +29.11%
Total Change CN¥- 2.57%

Book Value vs Market Value Analysis

This analysis compares Sinopec Shanghai Petrochemical Co Ltd Class A's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 1.20x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 3.95x to 1.20x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1995-12-31 CN¥0.71 CN¥2.82 x
1996-12-31 CN¥0.77 CN¥2.82 x
1997-12-31 CN¥0.75 CN¥2.82 x
1998-12-31 CN¥0.77 CN¥2.82 x
1999-12-31 CN¥0.74 CN¥2.82 x
2000-12-31 CN¥0.84 CN¥2.82 x
2001-12-31 CN¥0.81 CN¥2.82 x
2002-12-31 CN¥0.84 CN¥2.82 x
2003-12-31 CN¥0.93 CN¥2.82 x
2004-12-31 CN¥1.14 CN¥2.82 x
2005-12-31 CN¥1.15 CN¥2.82 x
2006-12-31 CN¥1.17 CN¥2.82 x
2007-12-31 CN¥1.23 CN¥2.82 x
2008-12-31 CN¥0.83 CN¥2.82 x
2009-12-31 CN¥0.93 CN¥2.82 x
2010-12-31 CN¥1.08 CN¥2.82 x
2011-12-31 CN¥1.11 CN¥2.82 x
2012-12-31 CN¥1.05 CN¥2.82 x
2013-12-31 CN¥1.64 CN¥2.82 x
2014-12-31 CN¥1.53 CN¥2.82 x
2015-12-31 CN¥1.83 CN¥2.82 x
2016-12-31 CN¥2.29 CN¥2.82 x
2017-12-31 CN¥2.61 CN¥2.82 x
2018-12-31 CN¥2.80 CN¥2.82 x
2019-12-31 CN¥2.76 CN¥2.82 x
2020-12-31 CN¥2.70 CN¥2.82 x
2021-12-31 CN¥2.79 CN¥2.82 x
2022-12-31 CN¥2.42 CN¥2.82 x
2023-12-31 CN¥2.26 CN¥2.82 x
2024-12-31 CN¥2.35 CN¥2.82 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Sinopec Shanghai Petrochemical Co Ltd Class A utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 1.26%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.36%
  • • Asset Turnover: 2.09x
  • • Equity Multiplier: 1.67x
  • Recent ROE (1.26%) is below the historical average (5.70%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1995 20.23% 17.97% 0.70x 1.61x CN¥1.08 Billion
1996 8.57% 8.47% 0.63x 1.62x CN¥-167.63 Million
1997 5.85% 6.14% 0.57x 1.69x CN¥-514.99 Million
1998 1.91% 2.14% 0.50x 1.79x CN¥-1.00 Billion
1999 4.79% 4.32% 0.64x 1.74x CN¥-658.78 Million
2000 6.34% 4.30% 0.92x 1.61x CN¥-493.02 Million
2001 0.88% 0.59% 0.80x 1.85x CN¥-1.20 Billion
2002 6.55% 4.22% 0.83x 1.87x CN¥-481.70 Million
2003 9.33% 4.74% 1.09x 1.80x CN¥-100.50 Million
2004 21.56% 10.27% 1.37x 1.54x CN¥2.13 Billion
2005 9.83% 4.09% 1.69x 1.42x CN¥-32.56 Million
2006 4.45% 1.69% 1.82x 1.44x CN¥-1.05 Billion
2007 7.91% 3.01% 1.82x 1.45x CN¥-430.75 Million
2008 -46.22% -10.48% 2.16x 2.04x CN¥-7.59 Billion
2009 10.41% 3.30% 1.58x 1.99x CN¥61.10 Million
2010 15.78% 3.84% 2.52x 1.63x CN¥1.02 Billion
2011 5.27% 1.06% 2.91x 1.71x CN¥-848.14 Million
2012 -9.66% -1.66% 2.55x 2.27x CN¥-3.15 Billion
2013 11.30% 1.73% 3.15x 2.07x CN¥230.30 Million
2014 -4.34% -0.70% 3.31x 1.87x CN¥-2.37 Billion
2015 16.40% 4.02% 2.90x 1.41x CN¥1.27 Billion
2016 24.09% 7.65% 2.29x 1.37x CN¥3.48 Billion
2017 21.76% 6.67% 2.33x 1.40x CN¥3.32 Billion
2018 17.39% 4.90% 2.43x 1.46x CN¥2.24 Billion
2019 7.41% 2.21% 2.21x 1.52x CN¥-772.61 Million
2020 2.15% 0.84% 1.67x 1.53x CN¥-2.29 Billion
2021 6.61% 2.24% 1.90x 1.55x CN¥-1.02 Billion
2022 -10.95% -3.48% 2.01x 1.57x CN¥-5.49 Billion
2023 -5.76% -1.51% 2.35x 1.62x CN¥-3.85 Billion
2024 1.26% 0.36% 2.09x 1.67x CN¥-2.19 Billion

Industry Comparison

This section compares Sinopec Shanghai Petrochemical Co Ltd Class A's net assets metrics with peer companies in the Oil & Gas Refining & Marketing industry.

Industry Context

  • Industry: Oil & Gas Refining & Marketing
  • Average net assets among peers: $978,274,778
  • Average return on equity (ROE) among peers: 10.66%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Sinopec Shanghai Petrochemical Co Ltd Class A (600688) CN¥24.37 Billion 20.23% 0.72x $3.02 Billion
Shandong Shengli Co Ltd (000407) $671.69 Million 5.95% 1.56x $597.56 Million
Sinopec Shandong Taishan Petroleum Co Ltd (000554) $876.45 Million 0.95% 0.04x $557.21 Million
Jiangsu Gaoke Petrochemical Co (002778) $618.72 Million 4.96% 0.19x $379.89 Million
Ningbo Bohui Chemical Technology (300839) $307.47 Million 27.16% 0.22x $638.80 Million
HY Energy Group Co Ltd (600387) $3.33 Billion 1.68% 0.35x $64.39 Million
Lonyer Fuels (603003) $399.24 Million 20.09% 1.38x $134.35 Million
Jiangsu Lopal Tech Co Ltd (603906) $646.37 Million 13.86% 0.58x $2.15 Billion

About Sinopec Shanghai Petrochemical Co Ltd Class A

SHG:600688 China Oil & Gas Refining & Marketing
Market Cap
$3.02 Billion
CN¥20.67 Billion CNY
Market Cap Rank
#4871 Global
#878 in China
Share Price
CN¥2.82
Change (1 day)
-1.74%
52-Week Range
CN¥2.63 - CN¥3.84
All Time High
CN¥6.19
Categories
Companies in China Oil & Gas Refining & Marketing
About

Sinopec Shanghai Petrochemical Company Limited, together with its subsidiaries, manufactures and sells petroleum and chemical products in the People's Republic of China. The company operates through three segments: Refined Products, Chemical Products and Trading of Petrochemical Products. It offers ethylene oxide, triethylene glycol, isoprene, isopentene, industrial butadiene, ethylene, industria… Read more