---
title: "Sinopec Shanghai Petrochemical Company Limited (600688.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/600688.SH.md"
symbol: "600688.SH"
name: "Sinopec Shanghai Petrochemical Company Limited"
industry: "Commodity Chemicals"
datetime: "2026-05-19T14:04:49.224Z"
locales:
  - [en](https://longbridge.com/en/quote/600688.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/600688.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/600688.SH.md)
---

# Sinopec Shanghai Petrochemical Company Limited (600688.SH)

## Company Overview

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 Petrochemical Products Trading. It offers gasoline, diesel, jet fuel, naphtha, fuel oil, LPG, asphalt, petroleum coke, and sulfur refining products; and ethylene oxide, industrial glycol, diethylene glycol for industrial use, tri ethylene glycol, vinyl acetate, polyvinyl alcohol, isoprene, m-pretendent, dicyclopentadiene, isoprene, pentane, industrial carbon 10 crude aromatic hydrocarbons, lyses naphthalene fractions, industrial pyrolysis carbon 9, polypropylene, industrial butadiene, petroleum benzene, petroleum toluene, ethylene, oil p-xylene, carbon black raw oil, ethylene tar, and butene-1 chemical products. The company also provides high-pressure polyethylene products low-pressure polyethylene synthetic resin products; and acrylic, polyester slicing, polyester staple fiber synthetic products.

| Item | Detail |
|------|--------|
| Industry | Commodity Chemicals |
| Exchange | CN Market |
| Website | [www.spc.com.cn](https://www.spc.com.cn) |

## Key Drivers
> *AI-analyzed key factors driving this stock's performance*


## Longbridge Financial Score™: C
> *Longbridge Financial Score™ — Proprietary multi-factor rating model by Longbridge*
> Updated: 2026-05-19T04:30:08.000Z

**Overall: C (0.53)**

**Industry**: Commodity Chemicals

| Metric | Value |
|--------|-------|
| Industry Ranking | 107 / 274 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Value - Stocks where the company's main business is in a mature stage.
- **Scale**: Mid - The company has stable operation of a large-cap stock and the high return of a small-cap stock.

**Multi Score**: C

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | -13.67% |  |
| Net Profit YoY | -750.48% |  |
| P/B Ratio | 1.33 |  |
| Dividend Ratio | 0.67% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 31281674133.54 |  |
| Revenue | 73633811878.71 |  |

#### Multi Score Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | -3.83% | D |
| Profit Margin | -1.26% | D |
| Gross Margin | 20.87% | D |
| Revenue YoY | -13.67% | E |
| Net Profit YoY | -750.48% | E |
| Total Assets YoY | 2.48% | C |
| Net Assets YoY | -1.59% | D |
| Cash Flow Margin | 63.39% | C |
| OCF YoY | -13.67% | E |
| Turnover | 1.77 | A |
| Gearing Ratio | 41.72% | C |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Sinopec Shanghai Petrochemical Company Limited",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "-13.67%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "-750.48%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "1.33",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "0.67%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "31281674133.54",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "73633811878.71",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "-3.83%",
          "rating": "D"
        },
        {
          "name": "Profit Margin",
          "value": "-1.26%",
          "rating": "D"
        },
        {
          "name": "Gross Margin",
          "value": "20.87%",
          "rating": "D"
        },
        {
          "name": "Revenue YoY",
          "value": "-13.67%",
          "rating": "E"
        },
        {
          "name": "Net Profit YoY",
          "value": "-750.48%",
          "rating": "E"
        },
        {
          "name": "Total Assets YoY",
          "value": "2.48%",
          "rating": "C"
        },
        {
          "name": "Net Assets YoY",
          "value": "-1.59%",
          "rating": "D"
        },
        {
          "name": "Cash Flow Margin",
          "value": "63.39%",
          "rating": "C"
        },
        {
          "name": "OCF YoY",
          "value": "-13.67%",
          "rating": "E"
        },
        {
          "name": "Turnover",
          "value": "1.77",
          "rating": "A"
        },
        {
          "name": "Gearing Ratio",
          "value": "41.72%",
          "rating": "C"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | -33.53 | 233/274 | 215.14 | 212.18 | 209.95 |
| PB | 1.32 | 28/274 | 1.34 | 1.23 | 1.20 |
| PS (TTM) | 0.42 | 5/274 | 0.41 | 0.36 | 0.35 |
| Dividend Yield | 0.68% | 106/274 | 0.73% | 0.70% | 0.65% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | Grace (603256.SH) | A | A | C | B | B | B |
| 02 | TINCI (002709.SZ) | B | A | B | B | B | B |
| 03 | SINOMATECH (002080.SZ) | B | B | C | D | B | B |
| 04 | ZJJH (600160.SH) | B | B | B | B | B | B |
| 05 | Canmax Technologies (300390.SZ) | B | A | C | B | C | B |

## Institutional View

### Analyst Rating Distribution

> As of 2026-04-30T16:00:00.000Z

Total Analysts: **4**

| Rating | Count | Percentage |
|--------|-------|-----------| 
| Buy | 1 | 25% |
| Hold | 1 | 25% |
| Underweight | 1 | 25% |
| Sell | 1 | 25% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 2.95 |
| Highest Target | 3.30 |
| Lowest Target | 1.95 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/600688.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/600688.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/600688.SH/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/600688.SH/filings.md)

---

> **Disclaimer: This article is for reference only and does not constitute any investment advice.**