2.98
+1.02%
Close of 9 Nov 2026, in CNY
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About Sinopec Shanghai Petrochemical Co
Its shares trade on Shanghai under the ticker 600688.SS. It has been listed since 8 November 1993. In the fiscal year to 31 December 2025, it reported revenue of CN¥64.15bn and a net loss of CN¥1.43bn. At that date it held total assets of CN¥39.88bn and shareholders' equity of CN¥22.72bn.
Sinopec Shanghai Petrochemical Co Ltd is a CN-based company operating in Chemicals industry. The company is headquartered in Shanghai, Shanghai. Sinopec Shanghai Petrochemical Company Limited (Shanghai Petrochemical) is a petrochemical company. The firm and its subsidiaries are principally engaged in processing crude oil into synthetic fibers, resins and plastics, intermediate petrochemicals and petroleum products. The firm operates in five operating segments. 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, polyethylene resins and films, polypropylene resins and polyvinyl alcohol (PVA) granules. The intermediate petrochemicals segment produces p-xylene, benzene and ethylene oxide. The petroleum products segment is equipped with crude oil distillation facilities used to produce vacuum and atmospheric gas oils used as feedstock of the Company's downstream processing facilities. The trading of petrochemical products segment is engaged in importing and exporting of petrochemical products.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Materials
- Industry
- Chemicals
- Listed since
- 8 Nov 1993
- Employees
- 8,878
- Website
- spc.sinopec.com/spc ↗
Leadership
Pay as last reported
- Mr. Guoming ZhouDeputy General Manager
- Mr. Xiaojun GuoExecutive Chairman of the Board, since 2013CN¥1.1m
- Mr. Jun DuChief Financial Officer, Deputy General Manager, Executive Director, since 2021CN¥1.0m
- Mr. Zhaohui QinGeneral Manager - Aromatics Department, Non-Executive Director, since 2020CN¥459,700
- Mr. Gang LiuChief Compliance Officer, General Counsel, Assistant to General Manager, Secretary to the Board, Joint Company SecretaryCN¥1.0m
- Mr. Xiangyu HuangVice President, Executive Director, since 2020CN¥921,200
- Mr. Fei HuangVice President, since 2020CN¥941,700
- Mr. Shantao LiDeputy General ManagerCN¥80,500
- Mr. Zhenglin XieNon-Executive Director
- Mr. Haifeng ChenIndependent Non-Executive DirectorCN¥150,000
- Mr. Jiangdong HuangIndependent Non-Executive DirectorCN¥75,000
- Mr. Song TangIndependent Non-Executive DirectorCN¥150,000
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 79
- Environment
- 99
- Social
- 59
- Governance
- 78
- Direct emissions (scope 1)
- 8,731,800 t
- Energy emissions (scope 2)
- 272,800 t
- Women in the workforce
- 17.49%
- Carbon reduction policy
- Yes
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Sinopec Shanghai Petrochemical Co Ltd has several notable strengths that contribute to its success in the market. Firstly, the company benefits from its strong financial position and access to capital, allowing it to make strategic investments and fund expansion projects. Furthermore, being a subsidiary of Sinopec, one of the largest energy and chemical companies in China, provides Sinopec Shanghai Petrochemical Co Ltd with substantial operational support and synergies.
Weaknesses
- Despite its strengths, Sinopec Shanghai Petrochemical Co Ltd also faces certain weaknesses that need attention. One of the weaknesses is the company's heavy reliance on petroleum-based feedstock, which exposes it to price fluctuations and supply disruptions in the global oil market. Additionally, its limited geographical presence mainly confined to the Shanghai region poses challenges in terms of market expansion and diversification.
Opportunities
- There are several opportunities that Sinopec Shanghai Petrochemical Co Ltd can explore to further enhance its performance and market position. With the increasing demand for eco-friendly products, the company can invest in research and development of sustainable and low-carbon technologies to cater to the evolving needs of customers. Moreover, expanding its product portfolio to include high-value petrochemical derivatives can help Sinopec Shanghai Petrochemical Co Ltd capture new market segments and improve profitability.
Threats
- Sinopec Shanghai Petrochemical Co Ltd also faces certain threats that could impact its business operations. One major threat is the intense competition in the global petrochemical industry, both from domestic players and international giants. The company needs to continuously innovate and differentiate its products to stay ahead of the competition. Additionally, stricter environmental regulations and sustainability standards pose challenges for the company in terms of compliance and investments required to meet these requirements.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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