| Address:
|
JINSHAWEI SHANGHAI
48 JINVI RD |
| City: |
SHANGHAI |
|
State: |
|
|
Zip Code: |
200540 |
| Telephone: |
011862157943143 |
|
Description of Business
|
Primary SIC Code:
2821 |
| (As filed with the SEC)
|
|
|
We were established in the People's Republic of China as a joint stock limited
company under the Chinese Company Law on June 29, 1993 as Shanghai Petrochemical
Company Limited. On October 12, 2000, we changed our name to Sinopec Shanghai
Petrochemical Company Limited. Our registered office is at No. 48 Jinyi Road,
Jinshan District, Shanghai, China 200540. Our telephone number there is (86-21)
5794-1941.
Our Predecessor
Our predecessor, Shanghai Petrochemical Complex (the "Complex"), was founded in
1972 as one of the first large scale Chinese petrochemical enterprises using
advanced imported technology and equipment. Prior to June 29, 1993, the Complex
was wholly-owned by China Petrochemical Corporation, at the time a ministerial
level enterprise (before its restructuring in 1998, "Sinopec"). ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 12/2005 | 3.22 | NA | 11.80 |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2010 |
Leverage |
2010 |
| Net Inc/Comm Equity | 0.39 | Total Liab/Total Assets | 0.39 | | Net Inc/Total Assets | 0.10 | Total Liab/Inv Cap | 0.81 | | Net Inc/Inv Cap | 0.21 | Total Liab/Comm Equity | 1.53 | | Pretax Inc/Net Sales | 0.05 | Interest Coverage Ratio | 13.91 | | Net Inc/Net Sales | 0.04 | Curr Debt/Equity | 0.25 | | Cash Flow/Net Sales | 0.06 | LTD/Equity | 0.01 | | SG&A/NetSales | 0.01 | Total Debt/Equity | 0.26 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 32.89 | Quick Ratio | 0.30 | | Inventory Turnover | 11.39 | Current Ratio | 0.81 | | Inventory Day Sales | 0.03 | Net Rec/Curr Assets | 0.36 | | Net Sales/Work Cap | -35.32 | Inv/Curr Assets | 0.63 | | Net Sales/PP&E | 4.90 | | |
Income Statement (Millions) |
| |
12/31/2010
|
12/31/2009
|
12/31/2008
|
12/31/2007
|
|
Total Revenues(Net Sales)
|
10,940.69
|
6,935.00
|
9,042.88
|
7,451.19
|
|
Cost of Goods Sold
|
10,366.77
|
6,592.97
|
10,057.23
|
7,217.84
|
|
Selling & Admin Exps
|
123.66
|
45.64
|
71.64
|
40.57
|
|
Operating Income
|
450.26
|
296.39
|
-1,146.79
|
122.38
|
|
Interest Exp
|
41.53
|
49.88
|
81.85
|
35.67
|
|
Pretax Income
|
536.20
|
317.34
|
-1,175.72
|
294.95
|
|
Other Income
|
27.12
|
35.48
|
52.71
|
116.95
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
424.45
|
242.49
|
-909.79
|
230.76
|
|
Assets
|
12/31/2010
|
12/31/2009
|
12/31/2008
|
12/31/2007
|
|
Cash & Short Term Investments
|
15.19
|
120.98
|
92.08
|
122.45
|
|
Receivables - Total
|
467.31
|
197.99
|
197.43
|
390.15
|
|
Inventories - Total
|
812.22
|
1,008.33
|
659.01
|
712.63
|
|
Total Current Assets
|
1,294.72
|
1,327.29
|
955.22
|
1,225.23
|
|
Net Property, Plant & Equipment
|
2,232.24
|
2,244.92
|
2,291.42
|
2,255.62
|
|
Total Assets
|
4,335.36
|
4,380.91
|
4,039.10
|
4,092.85
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
636.36
|
735.06
|
582.40
|
571.67
|
|
Debt in Current Liabilities
|
673.24
|
1,155.26
|
1,374.98
|
561.01
|
|
Total Current Liabilities
|
1,604.51
|
2,095.35
|
1,957.38
|
1,132.68
|
|
Long-Term Debt
|
26.56
|
44.57
|
62.94
|
87.65
|
|
Total Liabilities
|
1,670.50
|
2,183.02
|
2,059.09
|
1,262.01
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
39.43
|
43.11
|
38.78
|
41.68
|
|
Preferred Stock
|
NA
|
NA
|
NA
|
NA
|
|
Common Stock
|
1,092.61
|
1,054.64
|
1,056.24
|
987.12
|
|
Retained Earnings
|
NA
|
NA
|
-108.81
|
830.50
|
|
Treasury Stock
|
NA
|
NA
|
NA
|
NA
|
|
Total Stockholders' Equity
|
2,664.87
|
2,197.89
|
1,980.00
|
2,830.85
|
|
Total Liabilities and Stockholders' Equity
|
4,335.36
|
4,380.91
|
4,039.10
|
4,092.85
|
Cash Flow Summary (Millions) |
|
Categories
|
12/31/2010
|
12/31/2009
|
12/31/2008
|
12/31/2007
|
|
Net Cash Provided by Operating Activities
|
603.02
|
490.24
|
-584.82
|
197.70
|
|
Net Cash Provided by Investing Activities
|
-70.31
|
-318.64
|
-103.79
|
-70.09
|
|
Net Cash Provided by Financing Activities
|
-536.57
|
-245.10
|
649.77
|
-127.52
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2006 | 6,435.67 | 108.97 | -- | | 12/2007 | 7,451.19 | 230.76 | -- | | 12/2008 | 9,042.88 | -909.79 | -- | | 12/2009 | 6,935.00 | 242.49 | -- | | 12/2010 | 10,940.69 | 424.45 | -- | | Growth Rates | 14.19 | -- | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 34 | 393 | 1.69 |
|
Report Date :
2/6/2012
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