China BlueChem reports weaker profit: what it means for China BlueChem stock

Published on 10/13/2026 at 07:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue fell 3.90 percent to CNY 5.619 billion in the first half of 2026. For China BlueChem stock this means a 14.20 percent gross margin.

Key points in brief

China BlueChem reported a 20.80 percent decline in attributable net profit for the first half of 2026.
Revenue fell 3.90 percent to CNY 5.619 billion, while gross margin declined to 14.20 percent.
The latest Lang & Schwarz quote was EUR 0.22 on October 12, 2026 at 10:57 p.m. CEST.
HKEX shares were at HKD 1.88 on October 13, 2026, 49.05 percent below the 52-week high.

China BlueChem, CNE1000002D0, Illustration mit AI erstellt.

China BlueChem (ISIN CNE1000002D0) reported a 20.80 percent decline in attributable net profit to CNY 507 million for the first half of 2026. The result was published in the interim report dated September 29, 2026, and puts revenue, margins and product volumes at the center of the stock story.

Profit pressure deepens

According to Moomoo on September 29, 2026, revenue for the six months ended June 30, 2026, fell 3.90 percent year over year to CNY 5.619 billion from CNY 5.850 billion. Gross profit declined 5.80 percent to CNY 798 million, while gross margin fell to 14.20 percent from 14.50 percent.

The earnings decline was sharper than the revenue contraction. Basic and diluted earnings per share fell to CNY 0.11 from CNY 0.14 in the first half of 2025, while total net profit fell 43.90 percent to CNY 406 million. The difference reflects a CNY 102 million loss attributable to non-controlling interests.

What does the margin decline mean?

The report links the weaker performance to lower sales volumes for phosphate and compound fertilizers and acrylonitrile products. Production in the first half of 2026 reached 955,000 tons of urea, 720,000 tons of methanol and 287,000 tons of phosphate and compound fertilizers, giving investors concrete operating benchmarks for the next reporting period.

Cost pressure was another measurable factor. Sulfur prices rose from CNY 3,900 per ton at the start of 2026 to CNY 12,000 per ton in mid-June, an increase of more than 250 percent, according to the interim report summarized by Moomoo. That input shock helps explain why a 3.90 percent revenue decline translated into a 20.80 percent drop in attributable profit.

HKEX valuation remains below high

China BlueChemical is listed on the Hong Kong Stock Exchange under ticker 3983 and operates in the basic materials and chemicals sector, according to Investing.com. Its business spans urea, methanol, phosphate fertilizers and compound fertilizers, according to the company's investor-relations page.

On the HKEX, the stock was last at HKD 1.88 on October 13, 2026 at 11:54 a.m. HKT. The 52-week range was HKD 1.81 to HKD 3.69, placing the price 49.05 percent below the high, while market capitalization stood at HKD 8.6 billion.

Latest euro quote stays dated

The last Lang & Schwarz quote was EUR 0.22 on October 12, 2026 at 10:57 p.m. CEST. The interim report's combination of lower revenue, a 14.20 percent gross margin and a 20.80 percent profit decline leaves operating volumes and fertilizer costs as the clearest measures for the next update. The further course of trading is shown by the continuously updated real-time quote of China BlueChem stock.