According to the Zhitong Finance App, Hengyi Petrochemical (000703.SZ) released a performance forecast for the first three quarters of 2026. Net profit attributable to shareholders of listed companies is expected to be 7.9 billion yuan to 8.1 billion yuan in the first three quarters, an increase of 3,318.59% to 3,405.13% over the previous year.
The company is the only leading domestic chemical fiber company with overseas refining and chemical plants. It has deeply benefited from the long-term tight supply and demand pattern of refined oil products in Southeast Asia. The profit level of refined oil products continues to improve, while the profit level of chemical products such as PX and benzene continues to maintain a high level of profit. During the reporting period, the Brunei refinery continued to enjoy core advantages such as tax dividends, market-based pricing, and low shipping premiums. It maintained full capacity for a long time, and single-ton product profits remained high for a long time. It has become the core engine for the company's current and future performance growth. The unique location advantages and forward-looking strategic layout advantages of the Brunei refinery were further highlighted.
The company continues to promote the development and application of advanced scientific research technology. The “annual output of 1.2 million tons of caprolactam polyamide integration and supporting project (phase 1)” vigorously applies advanced technology independently developed by many companies, and realizes integrated support for the whole process of production factors and energy resources. Energy consumption indicators are significantly optimized, and it is significantly ahead of similar enterprises in terms of technology, integration and production costs. During the reporting period, production and sales of the project were strong, contributing an important increase to performance growth.
As a leading company in PTA, bottle sheets and polyester filaments, the company gives full play to the advantages of industrial chain integration. The profit per ton of each product increased year-on-year, and the industrial chain boom is expected to continue to pick up in the next few years, providing long-term support for the company's medium- to long-term performance growth.