600688:SSESinopec Shanghai Petrochemical Co. Ltd. Class A Analysis
Data as of 2026-09-13 - not real-time
CN¥2.85
Latest Price
3/10Risk
Risk Level: Low
Executive Summary
Sinopec Shanghai Petrochemical Company Limited trades at ¥2.85, with its moving averages tangled rather than clearly stacked — a neutral trend structure. With RSI at 46.9 the momentum picture is neutral, alongside a bullish MACD signal. Price has been bracketed by support at ¥2.77 and resistance at ¥3.01.
Valuation screens as overvalued: a P/E of 47.5 sits above the sector average of 18.1. Revenue is growing at 6.6% on a -0.9% profit margin. The 0.69% dividend yield looks stretched against payout coverage.
On a 1-10 scale the risk profile lands at 3 — low. With 30-day volatility of 18.9%, a beta of -0.15 and a maximum drawdown of 29.2%, the drawdown profile is forgiving relative to most of the market. The wider market backdrop reads extreme greed at 93 on the fear-greed composite.
Near-term and long-term part ways here — hold short-term against sell longer out, with 6/10 conviction on the long call.
Valuation screens as overvalued: a P/E of 47.5 sits above the sector average of 18.1. Revenue is growing at 6.6% on a -0.9% profit margin. The 0.69% dividend yield looks stretched against payout coverage.
On a 1-10 scale the risk profile lands at 3 — low. With 30-day volatility of 18.9%, a beta of -0.15 and a maximum drawdown of 29.2%, the drawdown profile is forgiving relative to most of the market. The wider market backdrop reads extreme greed at 93 on the fear-greed composite.
Near-term and long-term part ways here — hold short-term against sell longer out, with 6/10 conviction on the long call.
Top Market Events
Investing.com -- China's Sinopec Shanghai Petrochemical Co Ltd Class A SS:600688 posted a 19.3% year-on-year rise in...Sinopec Shanghai Petrochemical stock sits in the shadow of a sharp 2025 profit decline at parent SinSinopec Shanghai Petrochemical Co Ltd shares in Shanghai have triggered an abnormal fluctuation aler
Market Outlook
Short Term
< 1 yearNeutral
Model confidence: 4/10
Key Factors
- Trading below the 200-day average of 2.94
- MACD momentum is positive
- Maximum drawdown of 29.2%
Medium Term
1–3 yearsCautious
Model confidence: 5/10
Key Factors
- P/E of 47.5 versus sector average of 18.1
- Dividend yield of 0.69% looks stretched against payout coverage
- Trading below the 200-day average of 2.94
Long Term
> 3 yearsCautious
Model confidence: 6/10
Key Factors
- P/E of 47.5 versus sector average of 18.1
- Dividend yield of 0.69% looks stretched against payout coverage
- Negative profit margin of -0.9%
Key Metrics & Analysis
Financial Health
Revenue Growth6.60%
Profit Margin-0.89%
P/E Ratio47.5
ROE-2.81%
ROA-0.61%
Debt/Equity15.92
P/B Ratio1.3
Op. Cash FlowCN¥375.7M
Free Cash FlowCN¥-2817168640
Industry P/E18.1
Technical Analysis
TrendNeutral
RSI46.9
SupportCN¥2.77
ResistanceCN¥3.01
MA 20CN¥2.88
MA 50CN¥2.85
MA 200CN¥2.94
MACDBullish
VolumeIncreasing
Fear & Greed Index93.14
Valuation
Fair ValueCN¥0.73
Target PriceCN¥2.80
Upside/Downside-1.87%
GradeOvervalued
TypeBlend
Dividend Yield0.69%
Risk Assessment
Beta-0.15
Volatility18.88%
Sector RiskHigh
Reg. RiskHigh
Geo RiskHigh
Currency RiskHigh
Liquidity RiskLow
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This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.