Sinopec Shanghai stock stood 29.3 percent below its yearly high

Published on 10/07/2026 at 05:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sinopec Shanghai stock stood at CNY 2.75 on September 30, 2026, 29.3 percent below its 52-week high. H1 profit reached CNY 300 million, while cash flow stayed negative.

Sinopec Shanghai, CNE1000004C8, Illustration mit AI erstellt.

Sinopec Shanghai stock (ISIN CNE1000004C8) stood at CNY 2.75 on the Shanghai Stock Exchange on September 30, 2026, 29.3 percent below its 52-week high of CNY 3.89. The September 30 close rose CNY 0.02, or 0.73 percent, from the previous close of CNY 2.73, placing the shares near the lower half of their CNY 2.61 to CNY 3.89 52-week range.

Profit returned in H1 2026

The latest operating picture is a clear turnaround in earnings, but it does not yet show broad revenue expansion. According to Quartr in its September 18, 2026 H1 summary, net profit attributable to shareholders reached CNY 300 million, compared with a CNY 462 million loss in H1 2025.

The comparison is mixed. H1 operating income declined 1.34 percent year over year to CNY 38.99 billion, while chemical product net sales increased 22.25 percent, according to Quartr. The figures point to a stronger contribution from downstream chemicals even as maintenance reduced overall sales volumes.

Cash flow remains the pressure point

Profitability improved faster than cash generation. Operating cash flow was negative CNY 841 million in H1 2026, compared with a positive CNY 776 million in H1 2025, while basic and diluted earnings per share reached CNY 0.028 after a loss of CNY 0.044 a year earlier, Quartr reported.

The H1 summary also identifies oversupply, volatile product prices and narrowing spreads as constraints for the second half of 2026. That backdrop makes the next phase of the turnaround dependent on product margins, plant utilization after maintenance and the pace of cash recovery rather than on the return to accounting profit alone.

Stock remains below yearly high

The market value of Sinopec Shanghai was CNY 29.0 billion as of September 30, 2026. Trading volume was 34,106,019 shares, while the stock's CNY 2.75 close remained CNY 0.14 above the 52-week low and CNY 1.14 below the high.

For investors, the key contrast is visible in the numbers: earnings recovered from a loss, revenue fell 1.34 percent, and operating cash flow moved from a CNY 776 million inflow to a CNY 841 million outflow. The share price therefore still reflects a recovery that needs stronger cash conversion.

Shanghai quote and company facts

Sinopec Shanghai Petrochemical stock was last at CNY 2.75 on September 30, 2026, at the Shanghai Stock Exchange. The company operates in petroleum refining and petrochemicals, with activities spanning petroleum products, synthetic fibers, resins, plastics and intermediate chemicals.