China BlueChem stock trades at HKD 1.90 after interim report
Published on 10/08/2026 at 04:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSChina BlueChem (ISIN CNE1000002D0) was trading at HKD 1.90 on the Hong Kong Stock Exchange on October 8, 2026 at 10:15 a.m. HKT, up 2.70 percent from the prior close of HKD 1.85. The latest company figures show weaker first-half profitability, giving the stock a mixed earnings backdrop.
Revenue fell 3.9 percent
According to Futubull on September 29, 2026, China BlueChem reported revenue of RMB 5.619 billion for the six months ended June 30, 2026. Revenue was down 3.9 percent from RMB 5.850 billion in the same period of 2025, with lower sales volumes for phosphate and compound fertilizers and acrylonitrile weighing on the comparison.
Gross profit declined 5.8 percent year over year to RMB 798 million, while the gross margin fell to 14.2 percent from 14.5 percent in the first half of 2025. The figures put volume development and raw-material costs at the center of the earnings discussion.
Profit decline sharpens the risk picture
Net profit attributable to owners fell 20.8 percent to RMB 507 million in the first half of 2026, according to Futubull. Basic and diluted earnings per share were RMB 0.11, compared with RMB 0.14 a year earlier, while net profit for the period dropped 43.9 percent to RMB 406 million.
The company produced 955,000 tons of urea, 720,000 tons of methanol and 287,000 tons of phosphate and compound fertilizers during the period. Sulfur costs also rose sharply during the first half, increasing pressure on the phosphate fertilizer business.
Analysts see a higher target
Investing.com lists two analysts with a Buy rating, no Hold ratings and no Sell ratings for China BlueChem. The published average 12-month price target is HKD 3.069, with a high target of HKD 3.13670412 and a low target of HKD 3.00093633.
At HKD 1.90 on October 8, 2026, the stock stood 48.51 percent below its 52-week high of HKD 3.69 and 4.97 percent above its 52-week low of HKD 1.81. Market capitalization was HKD 8.8 billion and volume was 428,000 shares at the same timestamp.
Stock trades above the prior close
China BlueChem was last at HKD 1.90 on October 8, 2026 at 10:15 a.m. HKT, with the intraday range running from HKD 1.86 to HKD 1.90. The market value therefore combines a positive session move with a recent earnings report that showed lower revenue, profit and margins.
China BlueChem stock facts
- Company: China BlueChemical Ltd.
- ISIN: CNE1000002D0
- Ticker: 3983
- Trading venue: Hong Kong Stock Exchange
- Price (as of October 8, 2026, 10:15 a.m. HKT): HKD 1.90
- Market capitalization: HKD 8.8 billion (as of October 8, 2026)
- 52-week range: HKD 1.81-3.69 (as of October 8, 2026)
- Sector / Industry: Basic Materials / Chemicals
