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SPTJF · OTC · United States · Plastic Materials, Synth Resins & Nonvulcan Elastomers
In shortSINOPEC SHANGHAI PETROCHEMICAL CO LTD is loss-making, burns cash and carries moderate debt, with revenue shrinking (−7.6% last year).
Financial health
Weak
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | -4.7% | 1/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | -3.5% | 6/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | -10.1% | 0/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | -10.7% | 0/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.13× | 27/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.09× | 100/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | – | n/a |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | -39.02× | 0/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | – | n/a |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | -12.5% | 0/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | – | n/a |
| Years with positive free cash flow (last 5) | 3 of 5 | 50/100 |
Weight in the score: 20%
| Profitable years (last 5) | 4 of 5 | 80/100 |
|---|---|---|
| Years of revenue decline (last 5) | 3 of 5 | 0/100 |
| Revenue growth volatility | 18.9% | 41/100 |
| Operating margin volatility | 3.6% | 76/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | -6.3% | 0/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2022 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
3 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
CNY millions; negative values in parentheses.
| Fiscal year | FY18 | FY19 | FY20 | FY21 | FY22 |
|---|---|---|---|---|---|
| Revenue | 107,689 | 100,270 | 74,624 | 89,198 | 82,443 |
| Cost of revenue | 89,839 | 86,468 | 61,901 | 74,298 | 76,266 |
| Gross profit | 5,775 | 1,588 | (340) | 1,591 | (3,611) |
| Selling, general & admin | 536 | 550 | 486 | 368 | 289 |
| Operating income | 5,585 | 1,321 | (466) | 1,432 | (3,843) |
| Interest expense | 106 | 54 | 99 | 94 | 99 |
| Pre-tax income | 6,808 | 2,656 | 591 | 2,721 | (3,574) |
| Income tax | 1,472 | 429 | (66) | 644 | (731) |
| Net income | 5,336 | 2,216 | 645 | 2,073 | (2,846) |
| Diluted EPS | ¥0.49 | ¥0.21 | ¥0.06 | ¥0.19 | −¥0.26 |
| Diluted shares (millions) | 10,823 | 10,824 | 10,824 | 10,824 | 10,820 |
3 older years available with the 10-year history. Essential plan, from €8.25/month →
Not computed: a required balance-sheet item is missing.
2/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2022 · Data updated Apr 26, 2023