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The historical rank and industry rank for Sinopec Shanghai Petrochemical Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:600688'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -10.31 Med: 4.49 Max: 27.22
Current: -3.93
During the past 13 years, Sinopec Shanghai Petrochemical Co's highest Return-on-Tangible-Equity was 27.22%. The lowest was -10.31%. And the median was 4.49%.
SHSE:600688's Return-on-Tangible-Equity is ranked worse than 71.79% of 943
companies
in the Oil & Gas industry
Industry Median: 6.74
vs SHSE:600688: -3.93
Sinopec Shanghai Petrochemical Co (SHSE:600688) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Sinopec Shanghai Petrochemical Co Return-on-Tangible-Equity Related Terms
Sinopec Shanghai Petrochemical Co Return-on-Tangible-Equity Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Sinopec Shanghai Petrochemical Co Return-on-Tangible-Equity Chart
SHSE:600688 vs MPC, VLO, PSX: Return-on-Tangible-Equity Comparison
For the Oil & Gas Refining & Marketing subindustry, Sinopec Shanghai Petrochemical Co's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Sinopec Shanghai Petrochemical Co Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Sinopec Shanghai Petrochemical Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Sinopec Shanghai Petrochemical Co's Return-on-Tangible-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 7.28% mean?
Sinopec Shanghai Petrochemical Co (SHSE:600688) has a Return-on-Tangible-Equity of 7.28% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Sinopec Shanghai Petrochemical Co and its competitors. This is 62% above median its historical median of 4.49. According to the industry distribution chart, Sinopec Shanghai Petrochemical Co ranks #677 out of 943 companies in the Oil & Gas industry, placing it in the top 71.8%.
Is Sinopec Shanghai Petrochemical Co's Return-on-Tangible-Equity too high?
Sinopec Shanghai Petrochemical Co's current Return-on-Tangible-Equity of 7.28% is 62% above median its 10-year median of 4.49. The Oil & Gas industry median Return-on-Tangible-Equity is 6.74. Sinopec Shanghai Petrochemical Co's value of 7.28% is 8% above this industry median. Based on the distribution chart, Sinopec Shanghai Petrochemical Co ranks #677 out of 943 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Sinopec Shanghai Petrochemical Co has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sinopec Shanghai Petrochemical Co's Return-on-Tangible-Equity compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Sinopec Shanghai Petrochemical Co ranks #677 out of 943 companies for Return-on-Tangible-Equity. This places Sinopec Shanghai Petrochemical Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.74. Sinopec Shanghai Petrochemical Co's value of 7.28% is 8% above this benchmark. While the company's 10-year median is 4.49 vs. the industry median of 6.74, Sinopec Shanghai Petrochemical Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for an Oil & Gas company?
The median Return-on-Tangible-Equity among Oil & Gas companies is 6.74, based on 943 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sinopec Shanghai Petrochemical Co's current Return-on-Tangible-Equity of 7.28% is 8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Sinopec Shanghai Petrochemical Co and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Equity is 6.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sinopec Shanghai Petrochemical Co's current Return-on-Tangible-Equity is 7.28%, which is 62% above median its own 10-year median of 4.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinopec Shanghai Petrochemical Co stock overvalued right now?
Based on GuruFocus' analysis, Sinopec Shanghai Petrochemical Co (SHSE:600688) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥2.39, compared to a current price of ¥2.82 — trading 18% above its estimated fair value. The current Return-on-Tangible-Equity is 7.28%, which is 62% above median its 10-year median of 4.49 and 8% above the Oil & Gas industry median of 6.74. Sinopec Shanghai Petrochemical Co's overall GF Score™ is 69/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Sinopec Shanghai Petrochemical Co (SHSE:600688), the current Return-on-Tangible-Equity is 7.28% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Sinopec Shanghai Petrochemical Co (SHSE:600688) Overvalued in 2026?
Based on GuruFocus' analysis, Sinopec Shanghai Petrochemical Co stock appears to be overvalued.
The current stock price of ¥2.82 is trading 18% above its estimated GF Value™ of ¥2.39.
GuruFocus considers Sinopec Shanghai Petrochemical Co to be Modestly Overvalued.
Key valuation signals for SHSE:600688:
Return-on-Tangible-Equity: 7.28% (62% above median its 10-year median of 4.49)
GF Value™: ¥2.39 vs. price of ¥2.82 (18% above fair value)
Industry Position: 8% above the Oil & Gas median (#677 of 943)
No single metric tells the full story. See the SHSE:600688 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sinopec Shanghai Petrochemical Co Business Description
Sinopec Shanghai Petrochemical Co Ltd is an integrated Chinese petrochemical company that mainly produces a broad range of petroleum products and chemical products through crude oil processing. The Group's reportable segments are: Petroleum products, Chemical products, Trading of petrochemical products, and Others. The majority of its revenue is generated from the Petroleum products segment, which is equipped with crude oil refinery facilities used to produce qualified refined gasoline, fuel, diesel oil, heavy oil, and liquefied petroleum gas, and provides raw materials for the Group's downstream petrochemical processing facilities. Geographically, the Group derives maximum revenue from its business in the People's Republic of China (PRC).
69GF Score
Get the complete analysis for SHSE:600688
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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