Sinopec Shanghai Petrochemical Company (SHI)

28.65 -0.35  -1.21%  May 31, 5:21PM Go Pro
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Sinopec Shanghai Petrochemical Company Net PP&E

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SHI Net PP&E Range, Past 5 Years

Minimum 2.256B Jun 2011
Maximum 2.256B Jun 2011
Average 2.256B

About Net PP&E

Net PP&E is short for Net Property Plant and Equipment. Property Plant and Equipment is the value of all buildings, land, furniture, and other physical capital that a business has purchased to run its business. The term "Net" means that it is "Net" of accumulated depreciation expenses.

For example, assume that a company buys a building worth $1,000,000, along with $50,000 of furniture. Their Net PP&E at the moment of purchase is $1,050,000.

Each year, however, the company must depreciate the value of that PP&E to account for the fact that it will wear out an need to be fixed or re-purchased in the future. Assume that in the first year, the company depreciates the building and furniture by $105,000 (or 10% of the original value). Then, at the end of the year, its Net PP&E is:

$1,050,000 - $105,000 = $945,000

As the company buys more PP&E, the value of its Net PP&E will increase, and as time passes, the value will decrease according to depreciation expenses.
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SHI News

Basic Materials Sector Wrap
May 25, 4:47PM Fox Business
Myanmar in the Middle
May 01, 4:40PM Fool
Morning News: March 26, 2012 | via @EddyElfenbein http://stks.co/34U0 $RBS $EURUSD $SHI $BATS $MSFT
about 66 days ago by STNet
$HMC $LFC $CHA $ZNH $SHI $SNP $PTR $TTM $SHG just a few of the Chinese co. that gapped down today.
about 72 days ago by melomal
I can&#39;t imagine that SK group, for example, cares much about stock price appreciation in China Gas, I&#39;ll bet $SHI and ENN have to move on.
about 87 days ago by bradloncar
$SHI: Yuanta upgrades Sinopec Shanghai Petrochemical ($SHI) from Hold to Buy.
about 107 days ago by ChinaStocksNews
3 Stocks Ready to Roar
Jan 20, 4:31PM
EMI and Oil Deals Heat Up
Nov 11, 11:05AM
A Whole Bunch of Nicely Chalked Charts via @totterdell91 - Asia &amp; More: http://stks.co/Xpb $NKY $SSEC $SHI $EWH
about 236 days ago by StockTwits
$SHI http://stks.co/Xod 1 of 3
about 237 days ago by totterdell91
Sandy &amp; Oily Summer Stock Picks: http://stk.ly/lqm0Fv $CNQ $COP $COSWF $IMO $SHI $SU $SYEYF
about 331 days ago by TurnKeyOil
Stocks leading buy w/ call write. $RENN $YOKU $SINA $GNW $CLWR $MCP $LNKD $SOHU $ARUN $APKT $MMR $TSLA $GMCR $RVBD $SHI $SWC $MPEL $CYH $ELN
about 339 days ago by ChartMoMo
Stocks leading in bearish option activity: $YOKU $SINA $AMRN $RENN $LNKD $QIHU $VRUS $CDE $MCP $RIMM $SHI $SOHU $ARUN $LULU $CYH $ELN $ITMN
about 358 days ago by ChartMoMo
Stocks with heavy short interest: $AMRN $UTHR $RENN $YOKU $AG $SINA $QIHU $MCP $TSLA $SHI $VRUS $OVTI $ARUN $CBST $PAY $CDE $LPS $OPEN
about 371 days ago by ChartMoMo
RT @traderclubtirol $SHI Hang Seng up to 22.940 - take profit of +300 Pts from overnight trade $$ sorry 4 typo, $HSI is the ticker
about 462 days ago by traderclubtirol
$SHI Hang Seng up to 22.940 - take profit of +300 Pts from overnight trade $$
about 462 days ago by traderclubtirol
While You Drink Yourself Stupid... - http://tinyurl.com/4vuxdyy $TSTC, $SHI, $CVVT, $CGA, $BORN, $CHINA, $SCOK, $JOBS, $HRBN, $DGW
about 496 days ago by The_Real_Fly
Today&#39;s dividend-paying winners and losers: http://goo.gl/8K04E $SHI $CHEV $MGA $DO $ASX $BMA $CRH $FDO
about 512 days ago by DynamicDividend
RT @BloombergNow: Sinopec Group to Buy Occidental Argentina Unit for $2.45 Billion http://ow.ly/3mYLE $SHI $OXY
about 538 days ago by josealfon
Sinopec Group to Buy Occidental Argentina Unit for $2.45 Billion http://ow.ly/3mYLE $SHI $OXY
about 538 days ago by BloombergNow
Sinopec Group Pays `Very High' Premium for Brazil Oil Reserves http://ow.ly/2NSGv $SHI
about 606 days ago by BloombergNow
Putting $SHI on my TR1 list.
about 619 days ago by hertcapital
16 state-owned enterprises formed China's first official Electric Cars Industry Association incl $PTR $SHI http://bit.ly/bZlGiO $TSLA
about 652 days ago by bcwtang
16 Chinese state-owned enterprises formed China's first Electric Cars Industry Associations incl $PTR $SHI $TSLA
about 652 days ago by bcwtang
$PTR $SHI RT @WSJChina: China Launches Xinjiang Resource Tax http://on.wsj.com/a3Ywmj
about 729 days ago by lockeonstocks
China's Sinopec, Exxon sign deal for Papua New Guinea gas http://bit.ly/4X0ATz $FXI $SHI $$
about 910 days ago by alfietrade
China's top companies: http://bit.ly/IAAjP. Accessible to the US investor through ADRs like $SHI, $CEO, $CHL
about 962 days ago by themoneyladder

Recent Quotes

Symbol Price Chg Chg % Market Cap
SHI 28.65 -0.35 -1.21% 884.50M
SCHW 12.41 -0.11 -0.88% 15.92B
SCHS 2.98 -0.02 -0.67% 56.97M
SCHN 26.08 -1.28 -4.68% 745.83M
SBI 10.34 -0.23 -2.18%
SBGI 8.13 +0.02 +0.25% 656.75M
SBCF 1.51 +0.04 +2.72% 139.22M
SBBX 5.11 +0.45 +9.66% 17.22M
SB 6.50 +0.11 +1.72% 485.00M
RL 148.75 +0.06 +0.04% 13.73B
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