1. People's Republic of China Stocks

  2. •

    Basic Materials

  3. •

    Chemicals
Shanghai Chlor-Alkali Chemical Co., Ltd.

Shanghai Chlor-Alkali Chemical Co., Ltd.

600618.SS
Shanghai Chlor-Alkali Chemical Co., Ltd.CN flagShanghai Stock Exchange
10.18
CNY
-0.52
- -
9.06BMarket Cap
Shanghai Chlor-Alkali Chemical Co., Ltd.
600618.SS
(Shanghai Stock Exchange)

Recent

price

10.18

P/E

ratio

- -

div

yld

- -

ROIC.AI

2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
TTM
FRC
4.25
4.96
4.98
5.48
6.04
6.07
5.34
5.84
6.25
6.2
5.59
4.23
5.76
5.5
6.24
7.08
6.8
Revenue per Share
-0.33
0.12
0.2
0.09
0.01
-0.51
0.08
-0.28
0.86
0.91
0.7
0.52
1.53
1.19
0.66
0.68
0.75
Basic EPS, GAAP
0.15
0.47
-0.01
0.24
0.19
-0.37
0.16
0.36
0.78
0.69
0.6
0.14
0.11
-0.36
0.01
0.36
-1.6
Free Cash Flow per Basic Share
0.12
0.13
0.1
0.12
0.09
0.12
0.12
0.06
0.05
0.06
0.13
0.1
0.07
0.45
0.41
0.23
0.22
Dividend per Share
0.65
0.78
0.97
1.06
1.08
0.4
0.49
0.2
1.06
1.85
2.36
2.73
4.05
4.71
5.01
5.5
5.72
Book Value per Share
1.81
1.96
2.17
2.29
2.32
1.66
1.69
1.43
2.28
3.23
3.76
4.24
5.84
6.87
7.18
7.15
7.35
Tangible Book Value per Share
1,156
1,156
1,156
1,156
1,154
1,156
1,156
1,156
1,156
1,156
1,156
1,156
1,156
1,156
1,156
1,156
1,157
Basic Weighted Avg Shares
4,910
5,737
5,763
6,341
6,974
7,015
6,171
6,754
7,227
7,171
6,464
4,889
6,664
6,364
7,214
8,185
7,870
Sales/Revenue/Turnover
-4.74
6.08
3.9
2.06
-0.06
-3.09
-0.16
-1
11.42
11.17
10.41
9.1
24.71
20.33
9.54
9.8
9.3
Operating Margin (%)
464
476
438
466
450
439
348
314
265
234
193
181
189
212
271
448
- -
Depreciation Expense
-386
141
230
103
17
-593
96
-328
993
1,053
811
607
1,772
1,371
761
787
865
Net Income, GAAP
- -
1.87
0.33
3.29
19.13
- -
4.26
- -
1.43
7.53
5.26
9.61
12.52
11.09
8.56
8.69
5.04
Effective Tax Rate (%)
-7.87
2.46
3.99
1.62
0.24
-8.45
1.55
-4.86
13.74
14.69
12.55
12.41
26.59
21.53
10.54
9.62
10.99
Profit Margin (%)
-2,171
-443
-386
-472
-209
-586
-352
-868
-94
925
1,830
2,153
2,414
3,015
2,467
691
243
Working Capital
26
976
45
64
950
950
645
170
- -
- -
- -
10
8
1,310
1,203
9
150
LT Debt
2,356
2,516
2,748
2,909
2,942
2,256
2,270
1,941
2,915
3,979
4,655
5,276
7,104
8,282
8,735
8,683
8,898
Total Equity
- -
8.05
5.95
3.61
-0.09
- -
-0.25
- -
23.67
18.89
14.01
7.97
21.36
12.92
6.29
7.47
7.47
Return on Invested Capital (%)
- -
11.61
15.94
11.01
4.07
- -
10.45
- -
62.37
52.46
33.2
20.73
39.65
21.59
9.61
10.54
12.69
Return on Capital (%)
-40.63
17.12
22.72
8.71
1.35
-69.23
18.54
-82.11
136.13
62.72
33.35
20.61
45.16
27.04
13.53
12.96
13.78
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
593
432
937
LT Borrowings
- -
- -
143
LT Finance Leases
9
12
7
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,156
1,156
1,156
Market Capitalization
11,400
11,463
11,139

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
3,593
3,314
3,792
Cash, Cash Equivalents & STI
2,651
1,967
2,513
Accounts Receivable, Net
246
310
289
Inventories
364
411
376
Total Current Liabilities
2,902
2,741
3,549
Payables & Accruals
- -
- -
- -
ST Debt
593
432
937
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.92%
13.89%
-0.6%
Free Cash Flow
256.69%
499.6%
3,144.33%
Net Income, GAAP
-87.55%
20.64%
3.53%
Sales/Revenue/Turnover
2.8%
6.85%
13.46%
Total Cash Common Dividend
51.83%
87.35%
-43.3%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,074
1,819
2,116
2,176
8,185
2025
1,733
1,844
2,003
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.18
- -
- -
- -
0.68
2025
0.2
- -
0.18
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
- -
- -
- -
0.23
2025
0.01
- -
0.01
- -
- -
Similar Companies
Kumyang Co., Ltd. (001570.KS)
Sichuan Em Technology Co., Ltd. (601208.SS)
Guangdong Quanwei Technology Co.,Ltd. (300716.SZ)
Revati Organics Ltd. (REVAORG.BO)
Solvay S.A. (SLVYY)
Celanese Corporation (0HUR.L)
Business
Shanghai Chlor-Alkali Chemical Co., Ltd. (600618.SS) manufactures and sells chlor-alkali chemicals and polyvinyl chloride products primarily in China. Founded in 1992 through the restructuring of the Shanghai Chlor-Alkali General Plant, which originated from the 1959-established Shanghai Electric Chemical Plant, the company is headquartered at No. 4747 Longwu Road, Shanghai, China, with major production bases in Shanghai Chemical Industry District and Guangxi Qinzhou Port Petrochemical Industrial Park. Its core products include caustic soda (via ion-exchange membrane process), chlorine and chlorine derivatives such as hydrochloric acid, liquid chlorine, sodium hypochlorite, 1,2-dichloroethane, and vinyl chloride; polyvinyl chloride (PVC) resins in various grades including general types (S-1300, S-1000, S-800, S-700), medical types (M-1300, M-1000), high-polymerization, matte, and compounded PVC resins; and other items like industrial liquid nitrogen. These products serve industries including alumina production, papermaking, textiles, chemicals, detergents, pharmaceuticals, water treatment, food processing, construction, and plastics processing. The company operates as a state-owned listed entity issuing A and B shares, maintains national technology centers for innovation in new products and processes, and adheres to ISO9001, ISO14001, and OHSMS standards. Geographically, it focuses on domestic markets along the Yangtze River region while distributing internationally. Recent developments include the completion of acquiring the remaining 40% stake in Guangxi Huayi Chlor-Alkali Chemical Co., Ltd. for CNY 690 million, enhancing its control over chlor-alkali operations in Guangxi, as announced around 2024. The company issued its 2024 semi-annual report in August 2024 and continues to emphasize sustainable production capacities, such as approximately 1.2 million tonnes annually for chlorine, 1 million tonnes for caustic soda, 600,000 tonnes for PVC, and 300,000 tonnes for hydrochloric acid.