Hengli Petro stock: Hengli forecasts 104.20 percent profit growth for Hengli Petro stock
Published on 10/23/2026 at 04:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSProfit forecast and operating scale
- On October 18, 2026, Hengli announced preliminary nine-month net profit of CNY 102.56 billion.
- First-half 2026 revenue reached CNY 982.21 billion, down 5.45 percent year over year.
- The next results release is scheduled for October 29, 2026.
Hengli Petro (ISIN CNE0000018V0) expects preliminary net profit attributable to shareholders of CNY 102.56 billion for the first three quarters of 2026, up 104.20 percent year over year, according to ChemNet. The forecast was released on October 18, 2026, ahead of the company's scheduled third-quarter results.
Profit estimate sets the agenda
The estimate would add CNY 52.33 billion to the comparable result from the first three quarters of 2025. Hengli also expects non-recurring net profit of CNY 79.06 billion for the period, an increase of 88.89 percent from the prior-year figure, but the numbers remain preliminary and unaudited, ChemNet reported on October 19, 2026.
The forecast reflects stronger contributions from refining, aromatics, purified terephthalic acid and polyester materials. ChemNet said Hengli's production platform includes annual refining capacity of 20.0 million tons, coal-chemical capacity of 6.0 million tons and purified terephthalic acid capacity of 16.6 million tons.
What does the forecast mean for margins?
The earnings estimate follows a mixed first-half operating picture. Revenue reached CNY 982.21 billion in the first half of 2026, down 5.45 percent year over year, while net profit attributable to shareholders rose 136.25 percent to CNY 72.06 billion, according to ChemNet. The divergence makes processing spreads and product mix more important than sales growth alone.
Three dates frame the story
MarketScreener lists a CNY 300 million share buyback announced on July 20, 2026, first-half results dated August 19, 2026, and the October 18, 2026 profit forecast. The sequence shows a sharp change in the earnings narrative within three months.
Results date is October 29
The next reporting date is October 29, 2026, when Hengli is scheduled to release third-quarter results, according to MarketScreener. That publication should determine how much of the preliminary CNY 102.56 billion estimate converts into audited earnings and whether the improvement extends across the full chain.
Shanghai quote remains below its yearly peak
Hengli Petrochemical was trading at CNY 15.09 on the Shanghai Stock Exchange on October 23, 2026 at 10:02 a.m. CST. Its market capitalization was CNY 106.2 billion, while the 52-week range stood at CNY 14.76 to CNY 27.26 as of October 23, 2026.
Hengli Petro facts
- Company: Hengli Petrochemical Co., Ltd.
- ISIN: CNE0000018V0
- Ticker: 600346.SS
- Primary exchange: Shanghai Stock Exchange
- Primary price: CNY 15.09 as of October 23, 2026, 10:02 a.m. CST
- Market capitalization: CNY 106.2 billion as of October 23, 2026
- 52-week range: CNY 14.76-CNY 27.26 as of October 23, 2026
- Sector / Industry: Basic Materials / Commodity Chemicals
Market context: Market report Shanghai Composite.
