Sinopec Shanghai Petrochemical Co Ltd
SSE:600688
Gross Margin
Sinopec Shanghai Petrochemical Co Ltd
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| CN |
|
Sinopec Shanghai Petrochemical Co Ltd
SSE:600688
|
22.4B CNY |
2%
|
|
| SA |
|
Saudi Basic Industries Corporation SJSC
SAU:2010
|
228.3B SAR |
18%
|
|
| ID |
|
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
|
622.9T IDR |
3%
|
|
| ID |
|
Chandra Asri Pacific PT Tbk
OTC:PTPIF
|
33.8B USD |
3%
|
|
| US |
|
Dow Inc
NYSE:DOW
|
19.4B USD |
11%
|
|
| UK |
|
LyondellBasell Industries NV
NYSE:LYB
|
18.3B USD |
11%
|
|
| CN |
|
Hengli Petrochemical Co Ltd
SSE:600346
|
104.2B CNY |
7%
|
|
| KR |
|
LG Chem Ltd
KRX:051910
|
16.7T KRW |
15%
|
|
| IN |
|
Solar Industries India Ltd
NSE:SOLARINDS
|
964.2B INR |
49%
|
|
| US |
|
Westlake Corp
NYSE:WLK
|
11.1B USD |
16%
|
|
| CN |
|
Rongsheng Petrochemical Co Ltd
SZSE:002493
|
73.9B CNY |
4%
|
Sinopec Shanghai Petrochemical Co Ltd
Glance View
Sinopec Shanghai Petrochemical Co Ltd, nestled on the outskirts of bustling Shanghai, operates as a crucial cog in China's robust industrial machine. As an integral subsidiary of the state-owned Sinopec Corporation, the company has established itself as a linchpin in the country's petrochemical sector. Its sprawling complex churns out a wide array of petrochemical products—from ethylene and propylene to specialized plastics—acting as both a supplier and backbone to industries ranging from automotive to consumer goods. Through a relentless focus on refining and chemical production, Sinopec Shanghai leverages its sophisticated processes to transform crude oil and other raw materials into high-value commodities. This transformation process not only powers manufacturing giants but also meets the diverse needs of everyday consumers by feeding into the creation of everything from packaging materials to polymers for electronics. Revenue generation at Sinopec Shanghai is a multifaceted operation, rooted in its extensive production and strategic market positioning. The company taps into China's insatiable demand for energy and raw materials, supported by its vast distribution network and close ties with industrial heavyweights. Its profitability largely hinges on the efficiency of its conversion processes—continuous improvements and technological innovations allow the company to maintain a competitive edge in cost management and output quality. Additionally, Sinopec Shanghai capitalizes on petrochemical byproducts, maximizing its resource utilization and profitability by supplying a spectrum of secondary markets. This strategic approach to refining and manufacturing not only enhances its economic footprint but also aligns with the broader industrial plans of a nation hungry for growth and modernization.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Sinopec Shanghai Petrochemical Co Ltd's most recent financial statements, the company has Gross Margin of 1.5%.
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