Sinopec Financial Statements From 2010 to 2024
SPTJF Stock | USD 0.14 0.02 12.50% |
Check Sinopec Shanghai financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sinopec Shanghai's main balance sheet or income statement drivers, such as , as well as many indicators such as . Sinopec financial statements analysis is a perfect complement when working with Sinopec Shanghai Valuation or Volatility modules.
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Sinopec Shanghai Petrochemical Company Return On Equity Analysis
Sinopec Shanghai's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Sinopec Shanghai Return On Equity | -0.0681 |
Most of Sinopec Shanghai's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Sinopec Shanghai Petrochemical is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, Sinopec Shanghai Petrochemical has a Return On Equity of -0.0681. This is 96.56% lower than that of the Energy sector and 100.74% lower than that of the Oil & Gas Refining & Marketing industry. The return on equity for all United States stocks is 78.03% lower than that of the firm.
Sinopec Shanghai Pet Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Sinopec Shanghai's current stock value. Our valuation model uses many indicators to compare Sinopec Shanghai value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sinopec Shanghai competition to find correlations between indicators driving Sinopec Shanghai's intrinsic value. More Info.Sinopec Shanghai Petrochemical is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Sinopec Shanghai's earnings, one of the primary drivers of an investment's value.About Sinopec Shanghai Financial Statements
Sinopec Shanghai stakeholders use historical fundamental indicators, such as Sinopec Shanghai's revenue or net income, to determine how well the company is positioned to perform in the future. Although Sinopec Shanghai investors may analyze each financial statement separately, they are all interrelated. For example, changes in Sinopec Shanghai's assets and liabilities are reflected in the revenues and expenses on Sinopec Shanghai's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Sinopec Shanghai Petrochemical. Please read more on our technical analysis and fundamental analysis pages.
Sinopec Shanghai Petrochemical Company Limited, together with its subsidiaries, manufactures and sells petroleum products in the Peoples Republic of China. Sinopec Shanghai Petrochemical Company Limited is a subsidiary of China Petroleum Chemical Corporation. Sinopec Shanghai operates under Oil Gas Refining Marketing classification in the United States and is traded on OTC Exchange. It employs 80 people.
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Other Information on Investing in Sinopec Pink Sheet
Sinopec Shanghai financial ratios help investors to determine whether Sinopec Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Sinopec with respect to the benefits of owning Sinopec Shanghai security.