Sinopec Shanghai, CNE1000004C8

Sinopec Shanghai reports RMB 38.99 billion revenue as stock gains 2.93 percent

Published on 10/15/2026 at 22:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Profit reached RMB 300 million in first half of 2026. Sinopec Shanghai stock costs EUR 0.13 on October 15, 2026, up 2.93 percent versus Frankfurt close.

Profit recovery and stock valuation

  • Sinopec Shanghai posted RMB 38.99 billion in revenue in the first half of 2026, down 1.34 percent year over year.
  • Net profit attributable to shareholders reached RMB 300 million, compared with a RMB 462 million loss in the first half of 2025.
  • Sinopec Shanghai stock traded at EUR 0.13 at 10:02 p.m. CEST at Lang & Schwarz on October 15, 2026, 2.93 percent above the Frankfurt close of October 14, 2026.
  • The stock had a negative trailing P/E of 42.81 based on the latest market quotation.
Sinopec Shanghai, CNE1000004C8, Illustration mit AI erstellt.

Sinopec Shanghai reported RMB 38.99 billion in revenue for the first half of 2026, down 1.34 percent from the same period a year earlier. Net profit attributable to shareholders reached RMB 300 million, compared with a RMB 462 million loss in the first half of 2025, according to Quartr on September 18, 2026. The euro quotation stood at EUR 0.13 at Lang & Schwarz on October 15, 2026 at 10:02 p.m. CEST, 2.93 percent above the Frankfurt close of October 14, 2026.

Profit recovery meets weaker revenue

The first-half earnings comparison is the central operating signal for the stock. Basic and diluted earnings per share reached RMB 0.028, versus a loss of RMB 0.044 per share in the first half of 2025. Operating cash flow, however, swung to a negative RMB 841 million from a positive RMB 776 million in the year-earlier period, according to Quartr.

Stock position and valuation

The Shanghai quotation was CNY 2.74 on October 15, 2026 at 7:00 a.m. UTC, with a 52-week range of CNY 2.61 to CNY 3.89. The same quotation showed a market capitalization of CNY 28.9 billion and a negative trailing P/E of 42.81. The Lang & Schwarz bid was EUR 0.12 and the ask was EUR 0.14 at 10:02 p.m. CEST.

Sinopec Shanghai operates refining and petrochemical businesses, including petroleum products, intermediate petrochemicals, synthetic fibers, resins and plastics. Its company profile lists Frankfurt in EUR, Shanghai in CNY and Hong Kong in HKD among the trading venues and describes the group as a subsidiary of China Petroleum & Chemical Corporation, according to Investing.com.

Comparison with peers

Sinopec Shanghai: plus 2.93 percent, negative P/E 42.81, market capitalization CNY 28.9 billion
China Petroleum & Chemical Corporation (Shanghai Stock Exchange, CNY): minus 4.07 percent, P/E 18.35, market capitalization CNY 654.3 billion
PetroChina Company (Shanghai Stock Exchange, CNY): plus 0.32 percent, P/E 13.11, market capitalization CNY 2.2 trillion

What the figures say

The first-half profit recovery is substantial, but the revenue decline and negative operating cash flow leave the market focused on earnings quality and cash conversion. The price is also close to the lower end of its CNY 2.61 to CNY 3.89 yearly range, while the negative trailing P/E reflects the comparison between the current quotation and prior losses.

Price and trading status

Sinopec Shanghai was trading at EUR 0.13 at Lang & Schwarz on October 15, 2026 at 10:02 p.m. CEST, 2.93 percent above the Frankfurt close of October 14, 2026. The quote was in the after-hours phase for investors in Germany.

The further course of trading is shown by the continuously updated real-time quote of Sinopec Shanghai stock.

Sinopec Shanghai market facts

  • Company: Sinopec Shanghai Petrochemical Company Limited
  • ISIN: CNE1000004C8
  • Ticker: 600688
  • Primary exchange: Shanghai Stock Exchange
  • Price Lang & Schwarz: EUR 0.13 as of October 15, 2026, 10:02 p.m. CEST
  • Change versus Frankfurt close: plus 2.93 percent
  • Market capitalization: CNY 28.9 billion as of October 15, 2026
  • 52-week range: CNY 2.61-3.89 as of October 15, 2026
  • Sector / Industry: Energy and petrochemicals

Market context: Market report Shanghai Composite.

More news and analyses on Sinopec Shanghai stock

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