Sinopec Shanghai Petrochemical Co (SHSE:600688) Tax Rate %: 29.14% (As of Jun. 2026)

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SHSE:600688 Sinopec Shanghai Petrochemical Co Ltd SHSE:600688
70 GF Score
Price ¥2.88
GF Value ¥2.35
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Sinopec Shanghai Petrochemical Co Tax Rate %?

Sinopec Shanghai Petrochemical Co SHSE:600688 -0.35% 70 Tax Rate % is 29.14% as of Jun. 2026. GuruFocus rates SHSE:600688 with a GF Score™ of 70/100 and a GF Value™ of ¥2.35 (Modestly Overvalued). The stock has 4 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Sinopec Shanghai Petrochemical Co's Tax Expense for the three months ended in Jun. 2026 was ¥-55 Mil. Sinopec Shanghai Petrochemical Co's Pre-Tax Income for the three months ended in Jun. 2026 was ¥-188 Mil. Therefore, Sinopec Shanghai Petrochemical Co's Tax Rate % for the quarter that ended in Jun. 2026 was 29.14%.

Sinopec Shanghai Petrochemical Co Tax Rate % Related Terms

Sinopec Shanghai Petrochemical Co Tax Rate % Historical Data

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The historical data trend for Sinopec Shanghai Petrochemical Co's Tax Rate % can be seen below:

* 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 Tax Rate % Chart

Sinopec Shanghai Petrochemical Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.34 20.32 17.85 24.79 3.93

Sinopec Shanghai Petrochemical Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.17 -67.24 -9.75 27.57 29.14
SHSE:600688
70GF Score
Sinopec Shanghai Petrochemical Co Ltd SHSE:600688
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Sinopec Shanghai Petrochemical Co Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Sinopec Shanghai Petrochemical Co's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=-58.514/-1488.866
=3.93 %

Sinopec Shanghai Petrochemical Co's Tax Rate % for the quarter that ended in Jun. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2026 )/Pre-Tax Income (Q: Jun. 2026 )
=-54.798/-188.079
=29.14 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 29.14% mean?
Sinopec Shanghai Petrochemical Co (SHSE:600688) has a Tax Rate % of 29.14% as of Jun. 2026.
Is Sinopec Shanghai Petrochemical Co's Tax Rate % too high?
Sinopec Shanghai Petrochemical Co's current Tax Rate % is 29.14%. Overall, Sinopec Shanghai Petrochemical Co has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sinopec Shanghai Petrochemical Co's Tax Rate % compare to MPC and VLO?
Sinopec Shanghai Petrochemical Co's Tax Rate % of 29.14% can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for an Oil & Gas company?
A good Tax Rate % depends on the Oil & Gas industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Sinopec Shanghai Petrochemical Co's current Tax Rate % is 29.14%. 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 ¥2.35, compared to a current price of ¥2.88 — trading 22.6% above its estimated fair value. The current Tax Rate % is 29.14%. Sinopec Shanghai Petrochemical Co's overall GF Score™ is 70/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Sinopec Shanghai Petrochemical Co (SHSE:600688), the current Tax Rate % is 29.14% as of Jun. 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 ¥2.88 is trading 22.6% above its estimated GF Value™ of ¥2.35. GuruFocus considers Sinopec Shanghai Petrochemical Co to be Modestly Overvalued.

Key valuation signals for SHSE:600688:

  • Tax Rate %: 29.14%
  • GF Value™: ¥2.35 vs. price of ¥2.88 (22.6% above fair value)
  • GF Score™: 70/100 with 4 warning signs

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

Industry EnergyOil & Gas
Address No. 48 Jinyi Road, Jinshan District, Shanghai, CHN, 200540
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).
70GF Score

Get the complete analysis for SHSE:600688

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥2.88
Price
¥2.35
GF Value