Wanhua Chemical stock reports 31.26 percent revenue growth

Published on 10/07/2026 at 09:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Wanhua Chemical stock posted CNY 6.345 billion in second-quarter profit, up 108.68 percent year over year. Analysts set a CNY 98.04 average target.

Wanhua Chemical, CNE0000016J9, Illustration mit AI erstellt.

Wanhua Chemical stock reported CNY 119.316 billion in first-half 2026 revenue, up 31.26 percent year over year, while the company strengthened earnings across its three main divisions. The stock was last at CNY 68.90 on Shanghai on September 30, 2026, giving the company a market capitalization of CNY 215.7 billion.

Profit growth accelerates in Q2

According to Futubull on September 21, 2026, second-quarter revenue reached CNY 65.264 billion, up 36.44 percent year over year and 20.74 percent from the first quarter. Net profit attributable to shareholders rose to CNY 6.345 billion, up 108.68 percent year over year and 70.68 percent quarter over quarter.

The first-half result also showed a broader operating improvement. Polyurethane revenue rose 21.87 percent to CNY 44.957 billion, petrochemical revenue increased 36.65 percent to CNY 47.74 billion, and fine chemicals and new materials revenue climbed 44.28 percent to CNY 25.548 billion, according to Futubull.

Analysts see further upside

The market view remains optimistic, although the target gap depends on sustained chemical pricing. Investing.com listed a Strong Buy consensus from 10 analysts, with 12 Buy ratings, 0 Hold ratings and 1 Sell rating. The average 12-month target was CNY 98.04, with a high of CNY 126 and a low of CNY 53.

Against the September 30 price of CNY 68.90, the average target lies 42.29 percent above the stock price. The comparison is forward-looking rather than a guarantee, and the same first-half analysis warned that sharp product-price declines or slower new-project progress could weaken the earnings trajectory.

Stock remains below yearly high

Wanhua Chemical's CNY 68.90 price on September 30 stood CNY 28.10 below its 52-week high of CNY 97.00 and CNY 8.30 above its 52-week low of CNY 60.60. Trading volume was 19,876,670 shares on that session, keeping the market picture tied to both strong reported growth and a wide valuation debate.

The company identifies Shanghai Stock Exchange listing 600309 as its public-market base on its investor-relations site. For investors, the key question is whether the second-quarter profit acceleration can continue after the sharp improvement in petrochemical profitability.