Sinopec Shanghai Petrochemical is a petrochemical company engaged in the production of ethylene. Co. principally operates in five operating segments: synthetic fibers, which produces primarily polyester, acrylic fibers and carbon fibers; resins and plastics, which produces primarily polyester chips, polyethylene resins, polypropylene resins and polyvinyl alcohol granules; intermediate petrochemicals, which primarily produces p-xylene, benzene and ethylene oxide; petroleum products, which produces qualified refined gasoline, fuel, diesel oil, heavy oil and liquefied petroleum gas; and trading of petrochemical products, which is engaged in importing and exporting of petrochemical products. We show 1 historical shares outstanding datapoints in our coverage of SHI's shares outstanding history.
Understanding the changing numbers of SHI shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like SHI versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching SHI by allowing them to research SHI shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
