Financial Performance - The net profit attributable to shareholders for 2024 is RMB 316,500 thousand according to Chinese accounting standards, and RMB 310,980 thousand according to International Financial Reporting Standards[4]. - The company's net sales for 2024 were RMB 74,282.30 million, a decrease of 7.23% compared to RMB 80,077.76 million in 2023[18]. - The pre-tax profit for 2024 was RMB 423.32 million, a significant recovery from a loss of RMB 1,655.41 million in 2023[18]. - The net profit attributable to shareholders for 2024 was RMB 310.98 million, compared to a loss of RMB 1,346.15 million in 2023[18]. - The company reported a basic earnings per share of RMB 0.029 for 2024, recovering from a loss of RMB 0.125 in 2023[18]. - The total revenue for the company was RMB 87.06 billion, a decrease of 6.32% compared to the previous year[64]. - The company's operating profit for 2024 was RMB 0.49 billion, a significant increase of RMB 18.02 billion compared to an operating loss of RMB 1.753 billion in 2023[78]. - The net profit attributable to shareholders of the parent company for 2024 was RMB 316,500 thousand, a turnaround from a loss of RMB 1,405,876 thousand in 2023[91]. - The financial income net amount was RMB 194.56 million in 2024, slightly down from RMB 238.68 million in 2023[74]. Dividends and Shareholder Information - The proposed final dividend for 2024 is RMB 0.02 per share, subject to approval at the annual general meeting[4]. - The final dividend for H-share shareholders is expected to be paid around July 24, 2025, with a record date of July 1, 2025[5]. - The company plans to suspend H-share transfer registration from June 26 to July 1, 2025, to confirm the rights to receive the final dividend[7]. - The total number of ordinary shareholders increased to 86,462 by the end of the reporting period, up from 83,161[42]. - The company plans to cancel 124,058,000 H-shares, reducing the total issued shares to 10,675,227,500[40]. Operational Performance - The company achieved a net cash flow from operating activities of RMB 7,740.45 million in 2024, a significant increase of 859.17% from RMB 806.996 million in 2023[22]. - The net cash flow from operating activities increased significantly to RMB 7.74 billion, a rise of 859.17% compared to RMB 806.996 million in 2023[89]. - The company processed a total of 13.35 million tons of crude oil in 2024, a year-on-year decrease of 5.48%[64]. - The sales volume of refined products was 9,450.52 thousand tons in 2024, down from 9,747.76 thousand tons in 2023, indicating a decrease of about 3.1%[73]. - The company produced over 60 different products, primarily refining and chemical products, with refining products accounting for 66.46% of total sales[31][36]. Risk Management and Compliance - The company has detailed potential risks in the management discussion and analysis section of the board report[9]. - The company emphasizes that forward-looking statements regarding future plans and strategies do not constitute a commitment to investors[8]. - The report indicates no related party transactions among the major shareholders, ensuring compliance with regulations[43]. - The company has improved its governance structure and compliance, achieving a leading position in ESG ratings within the industry[68]. - The company has not faced any major litigation or arbitration matters during the reporting period[177]. Environmental and Safety Initiatives - The company has made significant progress in safety production and environmental protection, with VOCs concentration decreasing by 9.90% to an average of 65.14 micrograms per cubic meter[67]. - The company has maintained a 100% compliance rate for wastewater discharge and hazardous waste disposal in 2024[199]. - The company has been recognized as a "Green Enterprise" by Sinopec for 2022 and continues to uphold environmental management certifications[198]. - The company has successfully created 45 grassroots units for green initiatives, achieving a cultivation rate of 91.80%[198]. Future Plans and Strategic Focus - The company aims to enhance product quality and variety while strengthening new product development and market expansion[18]. - The company plans to continue improving operational efficiency to achieve its goal of becoming a "domestically leading, world-class" energy and chemical company[16]. - The company is focusing on green and low-carbon transformation to promote high-quality development[18]. - The company plans to implement comprehensive safety and environmental responsibility measures to ensure high-quality development[120]. - The company will focus on the development of high-end new materials and renewable energy technologies to transition from fossil fuels to a mixed energy structure[119]. Shareholder Structure and Major Shareholders - The largest shareholder, China Petroleum & Chemical Corporation, holds 5,459,455,000 shares, representing 51.14% of total shares[43]. - The controlling shareholder, China Petroleum & Chemical Corporation, is involved in various sectors including oil, natural gas, and chemical production, with a focus on renewable energy and hydrogen business[47]. - The overall shareholding structure remains stable, with no significant exits among the top ten shareholders[46]. - The company has engaged in related party transactions with Sinopec Group and its affiliates, with a maximum annual transaction limit of RMB 2 billion for financial services from January 1, 2024, to December 31, 2025[182]. Research and Development - Research and development expenses for 2024 were RMB 1.74 billion, a decrease from RMB 1.87 billion in 2023[82]. - The company emphasizes research and development innovation as a key strategy for growth[142]. - The company is focusing on the development of high-end new materials and fine chemicals, with ongoing projects in carbon fiber and thermoplastic composite materials[121].

中国石化年产3万吨碳纤维项目正式开工，助力新材料产业升级 金十数据4月28日讯，记者从中国石化获悉，中国石化上海石化年产3万吨大丝束碳纤维异地建设项目在 内蒙古鄂尔多斯市正式开工建设。项目将依托上海石化自有大丝束碳纤维专利技术以及内蒙古地区丰富 的绿电资源，建设更为节能高效的10条碳纤维生产线，预计2027年全部建成投产。投产后，可为风电、 储能、低空产业等领域提供大丝束碳纤维材料，为新能源产业提供关键材料支撑，助力我国新材料产业 升级发展。 （一财） ...

EE305 Next Day Disclosure Return (Equity issuer - changes in issued shares or treasury shares, share buybacks andlor on-market sales of treasury shares) Instrument: Equity issuer Status: New Submission Name of Issuer: Sinopec Shanqhai Petrochemical Company Limited 25 April 2025 Date Submitted: v 1.3.0 | | | | | | EE305 | | --- | --- | --- | --- | --- | --- | | B. Shares redeemed or repurchased for cancellation but not yet cancelled as at the closing balance date (Notes 5 and 6) | | | ■ Not applicable | | | ...

据证券之星公开数据整理，近期上海石化(600688)发布2025年一季报。截至本报告期末，公司营业总收 入195.21亿元，同比下降8.28%，归母净利润-8983.9万元，同比下降206.87%。按单季度数据看，第一季 度营业总收入195.21亿元，同比下降8.28%，第一季度归母净利润-8983.9万元，同比下降206.87%。本报 告期上海石化公司应收账款体量较大，当期应收账款占最新年报归母净利润比达431.74%。 本次财报公布的各项数据指标表现一般。其中，毛利率16.96%，同比增1.91%，净利率-0.46%，同比减 215.04%，销售费用、管理费用、财务费用总计3.7亿元，三费占营收比1.89%，同比减14.25%，每股净 资产2.36元，同比增2.28%，每股经营性现金流0.17元，同比增354.4%，每股收益-0.01元，同比减 200.0% 证券之星价投圈财报分析工具显示：业务评价：公司去年的ROIC为0.46%，近年资本回报率不强。公司 业绩具有周期性。去年的净利率为0.37%，算上全部成本后，公司产品或服务的附加值不高。偿债能 力：公司现金资产非常健康。融资分红：公司上市32年以来， ...

EE305 Next Day Disclosure Return (Equity issuer - changes in issued shares or treasury shares, share buybacks andlor on-market sales of treasury shares) Instrument: Equity issuer Status: New Submission Name of Issuer: Sinopec Shanqhai Petrochemical Company Limited 24 April 2025 Date Submitted: Section I must be completed by a listed issuer where has been a charge in its issued shares or teasury shares which is disoloseable pursuant to rule 13.25A of the Rules Gov .i.sting of Securities on The Stock Exchange ...

Financial Performance - The company's operating revenue for Q1 2025 was RMB 19,520,645 thousand, representing a decrease of 8.28% compared to RMB 21,282,263 thousand in the same period last year[6]. - The net profit attributable to shareholders of the listed company was a loss of RMB 89,839 thousand, a decline of 206.87% from a profit of RMB 84,061 thousand in the previous year[6]. - Basic and diluted earnings per share both decreased to RMB -0.008, down 200.00% from RMB 0.008 in the previous year[6]. - Net profit for Q1 2025 was a loss of CNY 89,891, compared to a profit of CNY 85,195 in Q1 2024[19]. - Operating profit for Q1 2025 was a loss of CNY 92,326, contrasting with a profit of CNY 129,219 in Q1 2024[19]. - The company experienced a net loss of CNY -83,910 in comprehensive income for Q1 2025, compared to a profit of CNY 85,195 in Q1 2024[20]. - The total comprehensive income attributable to the parent company in Q1 2025 was CNY -83,858, down from CNY 84,061 in Q1 2024[20]. Cash Flow and Investments - The net cash flow from operating activities was RMB 1,789,914 thousand, a significant improvement from a negative cash flow of RMB 718,251 thousand in the same period last year[6]. - In Q1 2025, the company reported a net cash flow from operating activities of CNY 1,789,914, compared to a negative cash flow of CNY -718,251 in Q1 2024, indicating a significant improvement[23]. - Net cash flow from investing activities in Q1 2025 was CNY 3,479,928, compared to a negative cash flow of CNY -259,552 in Q1 2024[23]. - The company raised CNY 121,078 from investment activities in Q1 2025, a significant decrease from CNY 12,500,000 in Q1 2024[24]. - The company received CNY 3,890,463 related to investment activities in Q1 2025, a substantial increase from CNY 207,885 in Q1 2024[23]. - The company reported a cash outflow of CNY 1,558,277 from financing activities in Q1 2025, compared to CNY 11,083,809 in Q1 2024[24]. Assets and Liabilities - Total assets at the end of the reporting period were RMB 41,244,067 thousand, a decrease of 1.26% from RMB 41,769,339 thousand at the end of the previous year[6]. - Current assets as of March 31, 2025, totaled CNY 20,471,537, slightly down from CNY 20,633,139 as of December 31, 2024[16]. - Total liabilities as of March 31, 2025, were CNY 16,214,905, a decrease from CNY 16,624,844 as of December 31, 2024[17]. - Total assets as of March 31, 2025, amounted to CNY 41,244,067, down from CNY 41,769,339 as of December 31, 2024[17]. - The equity attributable to shareholders of the listed company was RMB 24,924,973 thousand, down 0.46% from RMB 25,040,254 thousand at the end of the previous year[6]. Shareholder Information - The top shareholder, China Petroleum & Chemical Corporation, holds 51.63% of the shares, indicating strong state ownership[12]. Operational Metrics - The decrease in net profit was primarily due to a reduction in product sales volume during the reporting period[10]. - Total operating costs for Q1 2025 were CNY 19,612,971, down 7.3% from CNY 21,153,044 in Q1 2024[19]. - The company reported non-recurring losses totaling RMB -4,630 thousand, which included various one-time expenses and losses[8]. - The weighted average return on net assets was -0.359%, a decrease of 0.70 percentage points compared to 0.338% in the previous year[6]. - Research and development expenses for Q1 2025 were CNY 44,317, an increase from CNY 35,083 in Q1 2024[19]. - The company reported a significant increase in accounts receivable, which rose to CNY 1,366,465 from CNY 701,587 year-over-year[16]. - Cash and cash equivalents at the end of Q1 2025 increased to CNY 12,033,961, up from CNY 5,344,773 at the end of Q1 2024[24]. - The company had no short-term borrowings as of March 31, 2025, compared to CNY 1,500,940 as of December 31, 2024[17].

Financial Performance - The net profit attributable to the shareholders of the parent company for 2024 is RMB 316,500 thousand, a significant recovery from a loss of RMB 1,405,876 thousand in 2023[7]. - Total revenue for 2024 is RMB 87,132,820 thousand, representing a decrease of 6.32% compared to RMB 93,013,595 thousand in 2023[20]. - The company reported a total profit of RMB 428,835 thousand for 2024, a significant turnaround from a loss of RMB 1,715,136 thousand in 2023[20]. - Basic earnings per share for 2024 is RMB 0.030, a significant improvement from a loss of RMB 0.130 in 2023[22]. - The weighted average return on equity increased to 1.270% in 2024 from a loss of 5.504% in 2023, representing an increase of 6.77 percentage points[22]. - The company recorded a net profit attributable to shareholders of RMB 310.98 million in 2024, compared to a loss of RMB 1,346.15 million in 2023[30]. - The company reported a net profit of RMB 317.00 million for 2024, recovering from a loss of RMB 1,349.31 million in 2023[30]. - The company's total revenue for the year ended December 31, 2024, was RMB 87.13 billion, a decrease of 6.32% compared to RMB 93.01 billion in 2023[111]. Cash Flow and Assets - The operating cash flow for 2024 shows a substantial increase to RMB 7,740,447 thousand, up 859.17% from RMB 806,996 thousand in 2023[20]. - The total assets at the end of 2024 amount to RMB 41,769,339 thousand, reflecting a growth of 5.32% from RMB 39,658,244 thousand at the end of 2023[20]. - The net assets attributable to the shareholders of the parent company increased by 0.87% to RMB 25,040,254 thousand at the end of 2024, compared to RMB 24,824,929 thousand at the end of 2023[20]. - The total cash inflow from operating activities for 2024 was RMB 76.24 billion, an increase of RMB 69.6 billion compared to RMB 6.64 billion in the previous year[92]. - The company's total assets as of December 31, 2024, amounted to RMB 41,800,000 thousand, with cash and cash equivalents at RMB 12,096,477 thousand, representing 28.96% of total assets[135]. - The company reported a 115.74% increase in cash and cash equivalents compared to the previous year[135]. Dividends and Profit Distribution - The company plans to distribute a final dividend of RMB 0.02 per share for the 2024 fiscal year, pending approval at the annual general meeting[7]. - The profit distribution plan for 2024 includes a cash dividend of RMB 0.02 per share, pending approval at the annual shareholders' meeting[172]. - The company has a cash dividend policy that mandates a minimum of 30% of the annual net profit to be distributed as cash dividends if certain conditions are met[170]. - The total cash dividends distributed over the last three accounting years amount to RMB 211.58 million, with an average net profit attributable to shareholders of RMB -1.32 billion during the same period[176]. Operational Efficiency and Cost Management - The total cost of sales and expenses for 2024 was RMB 74.23 billion, a decrease of 9.28% from RMB 81.83 billion in 2023[74]. - The company has implemented cost reduction strategies across various operations, including crude oil procurement and logistics management, to improve profitability[52]. - The company's total operating costs for 2024 were RMB 72.05 billion, down 8.99% from RMB 79.16 billion in 2023, primarily due to a decline in the sales volume of petrochemical products[119]. - The company achieved significant breakthroughs in safety production, turning losses into profits, and high-quality development[47]. Market and Product Development - The company emphasizes its commitment to enhancing product quality and variety while focusing on new product development and market expansion[18]. - The company plans to continue focusing on market expansion and new product development to drive future growth[22]. - The company is actively adjusting its product structure to meet the growing demand for petrochemical products in China[18]. - The company anticipates a decline in gasoline and diesel consumption in 2025 due to increased competition and market saturation[146]. Environmental and Safety Initiatives - The company achieved a 100% compliance rate for wastewater discharge and hazardous waste disposal in 2024[180]. - The company reported a total environmental tax payment of RMB 11.066 million to the Jinshan District Tax Bureau in 2024[181]. - The company successfully repaired 8,707 out of 8,971 detected leakage points, resulting in a cumulative repair rate of 97.06%[180]. - The company reduced carbon emissions by 89,053 tons through various measures in 2024[190]. - The company purchased 17.789 million kWh of green electricity, reducing carbon emissions by 74,714 tons[191]. - The company generated 1.333 million kWh of solar power, leading to a reduction of 5,599 tons of carbon emissions[191]. - The company maintained a 100% compliance rate for air pollutant emissions across all major pollution facilities in 2024[180]. - The company completed environmental impact assessments for seven new projects in 2024[186]. Research and Development - Research and development expenses for 2024 amounted to RMB 1.74 billion, compared to RMB 1.87 billion in 2023 and RMB 1.31 billion in 2022[96]. - The company has 153 R&D personnel, accounting for 2.17% of the total workforce[126]. - The company is involved in the development of high-strength carbon fiber technology, with a total funding requirement of RMB 114.75 million for various research projects[200]. Related Party Transactions - The company has engaged in related party transactions with its controlling shareholder, Sinopec Corp, which may impact its business and economic benefits[164]. - Sinopec Corp holds approximately 54.59 billion shares, representing 51.14% of the total shares, indicating a controlling interest that may affect the company's operations[165]. - The company confirmed that all related party transactions were conducted at market prices or according to national pricing policies, ensuring no significant impact on its independence[198]. - The company's financial services transactions with Sinopec Group's contacts amounted to RMB 4.86 million, representing only 1.57% of the maximum limit[196]. - The maximum limit for comprehensive service framework agreements was RMB 1,542 million, with actual transactions for construction and engineering design services amounting to RMB 116.928 million, or 16.93% of the limit[196]. Future Outlook - For 2025, the company plans to process a total of 13.1 million tons of crude oil, producing 8.39 million tons of refined oil, 622,200 tons of ethylene, and 688,000 tons of paraxylene[149]. - The company will invest approximately RMB 2.85 billion in capital expenditures for 2025, funded through financing activities and some self-owned funds[158]. - The company aims to become a "domestically leading, world-class" energy chemical and new materials company, focusing on low-cost upstream and high-value downstream operations[147]. - The company plans to focus on innovation by transitioning from refining to chemicals, then to materials, and finally to high-end products, while also promoting ecological development[152].

证券时报•数据宝统计，上海石油化工股份在港交所公告显示，1月2日以每股1.170港元至1.200港元的价 格回购254.40万股，回购金额达302.94万港元。 该股当日收盘价1.180港元，下跌1.67%，全天成交额2964.77万港元。 （数据宝） 上海石油化工股份回购明细 ...

Financial Performance - The company's operating revenue for Q3 2024 was CNY 22,462,479 thousand, a decrease of 9.87% compared to the same period last year[3]. - Net profit attributable to shareholders was CNY 6,627 thousand, down 97.53% year-on-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 13,632 thousand, a decrease of 95.22% compared to the previous year[3]. - The basic earnings per share for the reporting period was CNY 0.001, a decrease of 96.00% year-on-year[3]. - The diluted earnings per share for the reporting period was also CNY 0.001, reflecting the same percentage decrease[3]. - Total operating revenue for the first three quarters of 2024 was CNY 65,995,285, a decrease of 5.4% compared to CNY 69,859,201 in the same period of 2023[15]. - Net profit for the first three quarters of 2024 reached CNY 39,916, compared to a net loss of CNY 716,658 in the same period of 2023, marking a significant turnaround[15]. - Operating profit for the first three quarters of 2024 was CNY 93,067, compared to an operating loss of CNY 771,134 in the same period of 2023[15]. - The company reported a total comprehensive income of CNY 48,476 for the first three quarters of 2024, compared to a total comprehensive loss of CNY 674,048 in the same period of 2023[16]. - Earnings per share for the first three quarters of 2024 were CNY 0.003, compared to a loss per share of CNY -0.067 in the same period of 2023[16]. Cash Flow and Assets - The net cash flow from operating activities was CNY 10,083,631 thousand, with no applicable year-on-year comparison[3]. - Cash flow from operating activities generated a net amount of CNY 10,425,601 in the first three quarters of 2024, compared to a negative cash flow of CNY 888,316 in the same period of 2023[17]. - Cash and cash equivalents increased to RMB 15,375,779,000 from RMB 5,607,013,000, representing a growth of approximately 173.5%[13]. - Cash and cash equivalents at the end of the third quarter of 2024 totaled CNY 11,516,382, up from CNY 5,742,344 at the end of the same period in 2023[18]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 45,189,264 thousand, an increase of 13.95% from the end of the previous year[4]. - Current assets reached RMB 24,370,107,000, up from RMB 15,454,832,000, indicating a significant increase of about 57.5%[13]. - Total liabilities rose to RMB 20,353,797,000 from RMB 14,715,337,000, marking an increase of about 38.5%[14]. - The company's equity attributable to shareholders decreased slightly to RMB 24,731,866,000 from RMB 24,824,929,000, a decline of approximately 0.4%[14]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 89,489, with the largest shareholder being Sinopec Limited holding 5,459,455,000 shares, representing 51.14% of total shares[10]. - The second-largest shareholder, Hong Kong Central Clearing (Agent) Limited, held 3,346,317,000 shares, accounting for 31.35%[10]. - The company has no known related party relationships among the top shareholders, ensuring independent shareholder actions[10]. Non-Recurring Items and Expenses - Non-recurring gains and losses for the reporting period totaled CNY -7,005 thousand, with significant impacts from asset disposal losses and other operating income[5]. - Research and development expenses increased to CNY 193,894 in the first three quarters of 2024, up from CNY 112,338 in the same period of 2023, reflecting a focus on innovation[15]. Future Outlook - The company plans to implement new accounting standards starting in 2024, which may impact financial reporting[19].

STEIN 1 1955 TYPE IND the state 8784 半 年 度 報 告 ( 於中學人民共和國註冊成立的股份有限公司 ) 股份代號: 00338 香港 600688 上海 中國百化上海口油化工股份有限公司 SINOPEC SHANGHAI PETROCHEMICAL COMPANY LIMITED 2024 目錄 2 重要提示 3 釋義 4 公司簡介和主要財務指標 6 董事會報告 26 重要事項 40 普通股股份變動及股東情況 45 董事、監事、高級管理人員情況及其他 | --- | --- | |-------|------------------------------------------------------------------| | | | | 50 | 中期財務資料的審閱報告 | | A. | 按照《國際財務報告準則》編製的簡明合併中期財務資料（未經審核） | | 51 | 中期簡明合併利潤表 | | 52 | 中期簡明合併綜合收益表 | | 53 | 中期簡明合併資產負債表 | | 56 | 中期簡明合併股東權益變動表 | | 58 | 中期簡明合併現金流量表 | | ...