Sinopec Shanghai Petrochemical Company (SHI)
Sinopec Shanghai Petrochemical Company Altman Z-Score
View SHI Altman Z-Score with YCharts Pro.
Access these YCharts Pro features:
Export any data you want
Save any chart as an image
Utilize advanced screener power
View 30 years of financial history
over 90 advanced calculations
Enjoy an advertising free experience
SHI Altman Z-Score Range, Past 5 Years
| Minimum | 4.188 | Mar 2009 |
| Maximum | 6.430 | Jun 2008 |
| Average | 4.823 |
About Altman Z-Score
CAUTION: The Altman Z-Score is meant to be applied only to manufacturing firms that are near bankruptcy. It was not based on a sample including non-manufacturing firms (service firms, banks, etc.). Use it at your own risk with those companies, but beware that bankruptcy probabilities may be misstated.
The Altman Z-Score helps investors to gauge the probability of a company going bankrupt. Generally, firms with a score above 3.00 have a low probability of bankruptcy, and those with a Z-Score of less than 1.81 have a relatively high probability of bankruptcy.
Note that this is a probabilistic model, so it will not classify perfectly.
The score was first published in a 1968 paper by Edward Altman titled "Financial Ratios, Discriminant Analysis and the Prediction of Corporate Bankruptcy."
Altman re-tested the model in a 2000 paper titled "Predicting financial distress of companies: Revisiting the Z-score and Zeta models". The paper showed that the model still had utility for looking at manufacturers, though the number of misclassifications did increase over time.
Learn More
You may also be interested in these SHI related companies
SHI News
about 67 days ago by STNet
about 88 days ago by bradloncar
about 108 days ago by ChinaStocksNews
Nov 11, 8:14AM FlyOnTheWall
about 237 days ago by StockTwits
about 332 days ago by TurnKeyOil
about 463 days ago by traderclubtirol
about 463 days ago by traderclubtirol
about 513 days ago by DynamicDividend
about 539 days ago by josealfon
about 539 days ago by BloombergNow
about 607 days ago by BloombergNow
about 653 days ago by bcwtang
about 653 days ago by bcwtang
about 730 days ago by lockeonstocks
about 911 days ago by alfietrade
about 963 days ago by themoneyladder
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| SHI | 28.61 | -0.03 | -0.10% | 873.52M |
| SHG | 62.71 | -1.71 | -2.65% | 15.27B |
| SHFL | 14.81 | -1.05 | -6.62% | 863.26M |
| SHEN | 10.41 | -0.25 | -2.35% | 254.24M |
| SHBI | 5.87 | -0.28 | -4.55% | 52.03M |
| SH | 39.09 | +0.98 | +2.57% | |
| SGY | 21.70 | -1.86 | -7.89% | 1.152B |
| SGU | 3.93 | -0.02 | -0.51% | 242.14M |
| SGF | 11.59 | -0.25 | -2.11% | |
| SGEN | 19.11 | -0.37 | -1.90% | 2.267B |
