Sinopec Shanghai Petrochemical Co. Ltd. Class A · SSE:600688
Sinopec Shanghai Petrochemical Co. Ltd. Class A — H1 2026 Earnings Presentation
24 slides from Sinopec Shanghai Petrochemical Co. Ltd. Class A's earnings presentation, August 2026
Slide 1: 2026 Interim Results
SINOPEC SHANGHAI PETROCHEMICAL COMPANY LIMITED 2026 Interim Results
Slide 2: Content
CONTENT 1 Financial Highlights 2 Business Review 3 Capital Expenditure 4 Future Outlook 1
Slide 3: Financial Highlights
1 Financial Highlights 2
Slide 4: Financial Highlights
Financial Highlights RMB Million 1H 2025 1H 2026 Change Revenue 39,499.53 38,963.71 -1.36% Gross Profit -640.54 367.28 1,007.82 Profit Before Taxation -582.76 385.26 968.02 Net Profit Attributable to Owners of the Company -449.27 298.48 747.75 EPS (RMB) -0.0425 0.0283 - Prepared under IFRS 3
Slide 5: Financial Highlights
Financial Highlights RMB Million Dec 31, 2025 June 30, 2026 Change Total Assets 42,484.81 42,851.08 0.86% Total Liabilities 18,870.32 18,362.08 -2.69% Equity Attributable to Owners of the Company 23,120.49 23,411.46 1.26% Net Asset Value Per Share (RMB) Attributable to Owners 2.193 2.221 1.28% of th
Slide 6: Business Review
2 Business Review 5
Slide 7: Business Review
Business Review Industrial transformation and Deepening reform delivered upgrading advanced effectively empowering momentum with solid and steady progress 01 03 05 02 04 Safety and environmental Potential for quality Talent-driven enterprise risks remained generally improvement and efficiency develo
Slide 8: Crude Oil Processing Cost
Business Review Crude Oil Processing Cost International Crude Oil Price Crude Oil Unit Processing Cost 130 120 5000 14.29% 4573.59 110 4001.9 100 4000 90 80 3000 70 60 2000 50 Dubai USD/Barrel 1000 40 （RMB/Ton） 0 2025 1H 2026 1H *Market data are from：Jcache 7
Slide 9: Source of Crude Oil
Business Review 2025 1H Source of Crude Oil 2026 1H Europe China Europe China Australia Australia 6.24% 1.81% 7.16% 4.22% America 0.41% 0.00% 12.84% America Middle 24.20% East Middle East 45.56% 66.94% Africa 11.76% Africa 18.86% Period Middle East America Africa Europe China Australia 2025 1H 66.94
Slide 10: Chemical Price Tendency in Asia Market
Business Review Chemical Price Tendency in Asia Market Ethylene Benzene EG PX PE PP Acrylic Staple USD/Ton RMB/Ton 1600 17,000 16,500 1400 16,000 1200 15,500 15,000 1000 14,500 800 14,000 13,500 600 13,000 400 12,500 200 12,000 Prices for ethylene, benzene and PX are based on FOB Korea; Acrylic fibe
Slide 11: Domestic Demand Growth
Business Review Domestic Demand Growth 2024 1H 2025 1H 2026 1H 20.0% 15.0% 9.76% 10.0% 8.23% 4.75% 5.0% 0.0% -0.33% -1.36% -5.0% -4.97% -10.0% Petroleum products Chemical products *market data are from SCI 10
Slide 12: Changes in Output of Major Oil Products
Business Review ’000 Ton Changes in Output of Major Oil Products 2,000 2025 1H 2026 1H -13.70% 1,500 -6.95% -17.68% 1,000 500 0 Gesoline Diesel Jet Fuel 11
Slide 13: Changes in Major Petrochemicals Output
Business Review Changes in Major Petrochemicals Output ’000 Ton 2025 1H 2026 1H 400 -4.14% 19.79% 300 -10.41% 12.16% 200 -3.20% 212.00% 100 -6.28% 110.24% -6.67% 0 Ethylene Butadiene Benzene PX EG EO PE PP Acrylic Fiber 12
Slide 14: Changes in Sales Volumes
Business Review Changes in Sales Volumes ’000 Ton 2024 1H 2025 1H 2026 1H 7,000 -3.68% -9.67% 6,000 5,000 -6.72% -14.21% 4,000 3,000 2,000 8.56% 6.00% 1,000 0 Petroleum products Chemical products Total 13
Slide 15: Changes in Average Product Prices
Business Review Changes in Average Product Prices RMB/Ton 2024 1H 2025 1H 2026 1H 9,000 15.33% 8,000 -10.84% 7,000 18.50% 17.59% -9.45% 6,000 -10.09% 5,000 4,000 3,000 2,000 1,000 0 Petroleum products Chemical products Total 14
Slide 16: Net Sales Structure
Business Review Net Sales Structure 2025 1H 2026 1H Petroleum products Petroleum products 62.46% 62.83% VS Others Chemical 0.72% products Others Trading of 25.31% 0.76% Trading of petrochemical Chemical petrochemical product 11.51% products 5.56% 30.85% 15
Slide 17: Cash Flow Change
Business Review Cash Flow Change RMB Million 2025 1H 2026 1H 2500 2000 1,864 1500 1000 765 461 500 0 -500 -1000 -865 -971 -1500 -1,455 -2000 Operating activities Investing activities Financing activities 16
Slide 18: Capital Expenditure
3 Capital Expenditure 17
Slide 19: In 2026 1H, the Group's capital expenditure is RMB 925 million
Capital Expenditure In 2026 1H, the Group’s capital expenditure is RMB 925 million. Project investment Major Projects during the Reporting Progress of the Project Period （RMB Million) The overall design has been The Shanghai Petrochemical Comprehensive approved and the basic design of Technological
Slide 20: Future Outlook
4 Future Outlook 19
Slide 21: Macro-environment Outlook for 2026 2H
Future Outlook Macro-environment Outlook for 2026 2H 国内成品油、化工产品需求回暖，行业整体走势向好 Structural adjustment within the petrochemical industry remains an ongoing evolution. Industry The commissioning timeline of new domestic capacity remains under China continuous adjustment and optimization. The supply and d
Slide 22: Business Plans for 2026 2H
Future Outlook Business Plans for 2026 2H 1. Step up efforts to secure victory in the tough battle for safety and environmental protection. 2. Step up efforts to win the tough battle for transformation and upgrading. 3. Step up efforts to win the tough battle for quality improvement and efficiency e
Slide 23: Business Plans for 2026 2H
Future Outlook Business Plans for 2026 2H 4. Step up efforts to win the tough battle for further reform. 5. Step up efforts to win the tough battle for talent-driven enterprise development. 22
Slide 24: Sinopec Shanghai Petrochemical Company Limited
SINOPEC SHANGHAI PETROCHEMICAL COMPANY LIMITED
Sinopec Shanghai Petrochemical Company — H1 2026 Earnings Presentation on 6ix