Sinopec Shanghai Petrochemical Company (SHI)
Sinopec Shanghai Petrochemical Company Beneish M-Score: -0.4177
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SHI Beneish M-Score Rankings
| Overall | 3rd percentile | 3635 of 3771 |
| Sector | 5th percentile | 372 of 393 in Basic Materials |
| Industry | 4th percentile | 22 of 23 in Oil & Gas Refining & Marketing |
SHI Beneish M-Score Range, Past 5 Years
| Minimum | -2.984 | Dec 2010 |
| Maximum | -0.4177 | Dec 2011 |
| Average | -1.971 |
About Beneish M Score
The Beneish M Score helps to uncover companies who are likely to be manipulating their reported earnings. Companies with a higher score are more likely to be manipulators. This is a probabilistic model, so it will not detect manipulators with 100% accuracy.
The best cut-off point depends on the costs mistakenly classifying in one of two ways:
1) Classifying firm that is manipulating earnings as a non-manipulator (Type I error), and
2) Classifying a firm as a manipulator when it actually was not manipulating (Type II Error).
Here are optimal cut-offs according to Beneish, presented as the score followed by the cost of Type I error relative to cost of Type II error):
M Score HTML Table:
| Score | Relative Error Costs (Type I:Type II) |
|---|---|
| M Score > -1.49 | (10:1) | M Score > -1.78 | (20:1) | M Score > -1.89 | (40+:1) |
Beneish excluded financial institutions from his sample when calculating the M-Score, so extreme care should be taken when looking at M-Scores of financial firms - their business models are different from the manufacturing and other service firms that Beneish used in his study.
If you want more details, here is the original Beneish M Score Paper, or you can learn about our calculation by clicking "Learn More" below.
Learn More
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SHI News
Morning News: March 26, 2012 | via @EddyElfenbein http://stks.co/34U0 $RBS $EURUSD $SHI $BATS $MSFT
about 67 days ago by STNet
about 67 days ago by STNet
I can't imagine that SK group, for example, cares much about stock price appreciation in China Gas, I'll bet $SHI and ENN have to move on.
about 88 days ago by bradloncar
about 88 days ago by bradloncar
$SHI: Yuanta upgrades Sinopec Shanghai Petrochemical ($SHI) from Hold to Buy.
about 108 days ago by ChinaStocksNews
about 108 days ago by ChinaStocksNews
Sinopec pays $3.54B to Galp for stake in Brazil oil asset, Reuters reports
Nov 11, 8:14AM FlyOnTheWall
Nov 11, 8:14AM FlyOnTheWall
A Whole Bunch of Nicely Chalked Charts via @totterdell91 - Asia & More: http://stks.co/Xpb $NKY $SSEC $SHI $EWH
about 237 days ago by StockTwits
about 237 days ago by StockTwits
Sandy & Oily Summer Stock Picks: http://stk.ly/lqm0Fv $CNQ $COP $COSWF $IMO $SHI $SU $SYEYF
about 332 days ago by TurnKeyOil
about 332 days ago by TurnKeyOil
RT @traderclubtirol $SHI Hang Seng up to 22.940 - take profit of +300 Pts from overnight trade $$ sorry 4 typo, $HSI is the ticker
about 463 days ago by traderclubtirol
about 463 days ago by traderclubtirol
$SHI Hang Seng up to 22.940 - take profit of +300 Pts from overnight trade $$
about 463 days ago by traderclubtirol
about 463 days ago by traderclubtirol
Today's dividend-paying winners and losers: http://goo.gl/8K04E $SHI $CHEV $MGA $DO $ASX $BMA $CRH $FDO
about 513 days ago by DynamicDividend
about 513 days ago by DynamicDividend
RT @BloombergNow: Sinopec Group to Buy Occidental Argentina Unit for $2.45 Billion
http://ow.ly/3mYLE $SHI $OXY
about 539 days ago by josealfon
about 539 days ago by josealfon
Sinopec Group to Buy Occidental Argentina Unit for $2.45 Billion
http://ow.ly/3mYLE $SHI $OXY
about 539 days ago by BloombergNow
about 539 days ago by BloombergNow
Sinopec Group Pays `Very High' Premium for Brazil Oil Reserves http://ow.ly/2NSGv $SHI
about 607 days ago by BloombergNow
about 607 days ago by BloombergNow
16 state-owned enterprises formed China's first official Electric Cars Industry Association incl $PTR $SHI http://bit.ly/bZlGiO $TSLA
about 653 days ago by bcwtang
about 653 days ago by bcwtang
16 Chinese state-owned enterprises formed China's first Electric Cars Industry Associations incl $PTR $SHI $TSLA
about 653 days ago by bcwtang
about 653 days ago by bcwtang
$PTR $SHI RT @WSJChina: China Launches Xinjiang Resource Tax http://on.wsj.com/a3Ywmj
about 730 days ago by lockeonstocks
about 730 days ago by lockeonstocks
China's Sinopec, Exxon sign deal for Papua New Guinea gas http://bit.ly/4X0ATz $FXI $SHI $$
about 911 days ago by alfietrade
about 911 days ago by alfietrade
China's top companies: http://bit.ly/IAAjP. Accessible to the US investor through ADRs like $SHI, $CEO, $CHL
about 963 days ago by themoneyladder
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 |
