SINOPEC Shanghai Petrochemical Co. Ltd. Valuation

There are a lot of joyful,sorrow and painful trail story about China Securities market in its over ten years` development road.Of course, history moves on in struggle。After lots of experience now people begin to accept and cultivate real value investment concept.One after another they are searching valuable stocks that in China Securities market for their investment.So to say,value investment concept has been a main current investment conpect.This thesis is written under this backgroud.I want to apply the knowledge that I learnt in my MBA period to analyze the real value of the company,SINOPEC Shanghai Petrochemical Co. Ltd..And I think this thesis would benefit investors for their reference.At the same time,there are some suggestions about valuation in valuing the stocks of China Securities market.Firstly,this thesis provide various sorts of valuation methods,then is valuing SPC through FCFF with analysis,hypothesis and forecast,finally is concluded that value of SPC`s equity is 12.74yuan per share and the market price of SPC is undervalued.This thesis includes five chapters:Chapter 1 Chiefly introduce valuation medel so that to have a view valuation. Chapter 2 Introduce SINOPEC Shanghai Petrochemical Co. Ltd.and its financial analysis.Chapter 3 Introduce petrochemicl industry and forecast the performance of SINOPEC Shanghai Petrochemical Co. Ltd..Chapter 4 According to the analysis and forecast ahead,evaluate the value of SINOPEC Shanghai Petrochemical Co. Ltd..Chapter 5 Give some suggestion about the use of valuation model in evaluating stocks of Chinese Securities market.