Hengyi Petrochemical (000703) Q3 2026 earnings summary

Executive summary

• Q3 revenue was ¥41.00bn, up 46.81% YoY; net income attributable to shareholders was ¥2.11bn versus ¥2.57m in the adjusted prior-year period.

• 9M revenue reached ¥108.31bn, up 29.11% YoY; attributable net income was ¥8.01bn versus ¥229.49m, and adjusted net income was ¥7.94bn versus ¥78.80m.

Financial highlights

• 9M operating profit was ¥10.92bn versus ¥352.79m YoY; net profit was ¥10.73bn versus ¥240.85m.

• 9M total cost was ¥98.29bn versus ¥84.13bn, including operating costs of ¥94.35bn versus ¥80.22bn.

• Q3 adjusted net income was ¥2.06bn, compared with a prior-year adjusted loss of ¥70.64m.

• Non-recurring gains totaled ¥54.14m in Q3 and ¥69.72m for 9M; 9M included ¥80.96m in government grants, partly offset by ¥25.90m income-tax impact.

Key financial ratios and metrics

• 9M basic EPS was ¥2.33 versus ¥0.07 YoY; diluted EPS was ¥2.16 versus ¥0.07.

• Weighted-average ROE was 27.66% for 9M, up from 0.93% in the adjusted prior-year period; Q3 ROE was 6.53%.

• Total assets were ¥126.02bn at quarter-end, up 14.37% from adjusted year-end; parent shareholders’ equity was ¥33.44bn, up 34.39%.