Hengli Petro forecasts 104.20 percent profit growth for Hengli Petro stock

Published on 10/20/2026 at 04:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The estimate adds CNY 52.33 billion over last year, while the report is preliminary. CNY 26.40 is target for Hengli Petro stock on October 19, 2026.

Profit outlook and valuation

Hengli Petro forecast net profit of CNY 102.56 billion for the first three quarters on October 18, 2026.
The integrated platform includes 20.0 million tons of annual refining capacity.
MarketScreener listed 7 analysts and an average target of CNY 26.40 on October 19, 2026.
The next earnings release is scheduled for October 29, 2026.
Hengli Petro had a market capitalization of CNY 109.4 billion on October 20, 2026.

Hengli Petro, CNE0000018V0, Illustration mit AI erstellt.

Hengli Petro (CNE0000018V0) expects net profit attributable to shareholders of CNY 102.56 billion for the first three quarters of 2026, an increase of 104.20 percent from the same period a year earlier. ChemNet reported on October 19, 2026, that the preliminary estimate was based on an announcement released on October 18.

Profit estimate doubles year over year

The forecast represents an increase of CNY 52.33 billion from the comparable period. Hengli Petro also expects non-recurring net profit of CNY 79.06 billion, up 88.89 percent year over year, while the final figures remain subject to the third-quarter report, according to ChemNet.

The company attributed the improvement to repaired processing spreads in refining and purified terephthalic acid, alongside stronger coordination across its industrial chain. Its core assets include 20.0 million tons of annual refining capacity, 6.0 million tons of coal chemical capacity, 4.5 million tons of aromatic hydrocarbon capacity, 1.5 million tons of ethylene capacity and 16.6 million tons of purified terephthalic acid capacity.

What supports the profit estimate?

The capacity mix gives Hengli Petro several earnings channels, but the latest forecast remains an estimate rather than audited results. In the first half of 2026, revenue stood at CNY 982.21 billion, 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.

Three dated company developments

On July 20, 2026, Hengli Petro authorized a CNY 300 million share buyback, as listed by MarketScreener. On August 19, 2026, its half-year update showed profit growth of 136 percent. On October 18, 2026, the company issued the preliminary first-three-quarter profit forecast of CNY 102.56 billion, reported by ChemNet.

Which dates matter next?

Hengli Petro is scheduled to release its third-quarter earnings on October 29, 2026, according to MarketScreener.

Stock valuation and market context

Hengli Petro stock was trading at CNY 15.54 on the Shanghai Stock Exchange on October 20, 2026 at 9:45 a.m. CST. Its market capitalization was CNY 109.4 billion, and its 52-week range was CNY 14.76 to CNY 27.26 on the same date. MarketScreener listed 7 analysts and an average target of CNY 26.40 on October 19, 2026.

The company operates in commodity chemicals and combines refining, chemicals, purified terephthalic acid and polyester materials. The valuation discussion now depends on whether the preliminary profit estimate converts into audited earnings on October 29, 2026.