000703.SHE Hengyi Petrochemical Co Ltd
- Market cap
- CNY 53.1B
- P/E
- 6.0x
- P/B
- 1.56x
- ROE
- 31.9%
- Dividend yield
- 3.82%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 000703.SHE undervalued?
Graham number000703.SHE trades 35.8% below its Graham number.
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
Hengyi Petrochemical Co Ltd fundamental analysis
No fundamental analysis for Hengyi Petrochemical Co Ltd yet.
Hengyi Petrochemical Co Ltd stock price
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About Hengyi Petrochemical Co Ltd
Hengyi Petrochemical Co., Ltd. produces and sells chemical fiber products in China and internationally. The company operates through Refining, PTA, and PET products segments. It offers gasoline, diesel, aviation kerosene, and other refined oils; basic petrochemical raw materials comprising paraxylene, purified terephthalic acid, caprolactam, liquefied petroleum gas, benzene, and other chemicals; and polyester products, such as polyester pre-oriented yarn, fully drawn yarn, d…
Full company profileHengyi Petrochemical Co Ltd financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Sep 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Hengyi Petrochemical Co Ltd annual financial statements (CNY; K = thousand, M = million, B = billion, T = trillion)
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 32.4B | 66.0B | 88.1B | 79.6B | 86.4B | 130B | 152B | 136B | 125B | 114B | 144B |
| Gross Profit | 1.11B | 2.62B | 3.17B | 5.60B | 5.89B | 7.08B | 3.07B | 4.63B | 4.45B | 5.13B | 18.6B |
| Operating Income | 924M | 2.05B | 2.48B | 4.77B | 4.53B | 4.25B | -1.10B | 430M | 81.3M | 3.24B | 16.5B |
| EBITDA | 1.44B | 2.85B | 3.14B | 5.41B | 6.66B | 7.86B | 4.32B | 6.00B | 5.60B | 5.94B | 16.5B |
| Net Income | 830M | 1.68B | 1.87B | 3.19B | 3.07B | 3.38B | -1.08B | 435M | 234M | 258M | 10.7B |
| EPS | 0.34 | 0.53 | 0.58 | 1.13 | 0.84 | 0.94 | -0.31 | 0.13 | 0.07 | 0.07 | 2.60 |
| Balance Sheet | |||||||||||
| Total Assets | 27.5B | 35.8B | 61.8B | 85.8B | 92.7B | 106B | 112B | 108B | 108B | 110B | 126B |
| Total Liabilities | 14.3B | 18.1B | 39.0B | 56.2B | 62.4B | 72.6B | 79.3B | 76.1B | 76.8B | 79.2B | 82.7B |
| Shareholders' Equity | 10.9B | 13.8B | 18.4B | 23.7B | 24.0B | 25.9B | 25.4B | 25.2B | 24.7B | 24.4B | 33.4B |
| Cash & Short-term Investments | 4.78B | 4.76B | 9.18B | 7.59B | 10.3B | 14.7B | 17.6B | 14.2B | 13.2B | 10.7B | 12.4B |
| Total Debt | 8.07B | 10.7B | 26.5B | 40.0B | 47.0B | 52.8B | 58.5B | 60.6B | 58.5B | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 3.10B | 2.38B | 1.61B | -91.1M | 5.01B | 7.75B | 2.71B | 4.53B | 6.00B | 4.63B | - |
| Capital Expenditure | 789M | 5.65B | 12.5B | 11.3B | 8.17B | 6.01B | 2.96B | 4.93B | 4.44B | 5.50B | 8.27B |
| Free Cash Flow | 2.31B | -3.29B | -10.8B | -11.4B | -3.16B | 1.75B | -250M | -403M | 1.56B | -876M | -2.90B |
| Ratios | |||||||||||
| ROE | 7.6% | 12.2% | 10.2% | 13.4% | 12.8% | 13.1% | -4.2% | 1.7% | 0.9% | 1.1% | 31.9% |
| ROA | 3.0% | 4.7% | 3.0% | 3.7% | 3.3% | 3.2% | -1.0% | 0.4% | 0.2% | 0.2% | 8.5% |
| Net Profit Margin | 2.6% | 2.6% | 2.1% | 4.0% | 3.6% | 2.6% | -0.7% | 0.3% | 0.2% | 0.2% | 7.4% |
| Debt to Equity | 0.74x | 0.78x | 1.44x | 1.69x | 1.96x | 2.04x | 2.30x | 2.40x | 2.36x | - | - |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Total Debt
- Short and long-term borrowings.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
- Debt to Equity
- Total debt divided by shareholders' equity.
Hengyi Petrochemical Co Ltd dividends
- Dividend yield
- 3.82%
- Forward dividend
- 0.95 CNY
- Payout ratio
- 784.7%
- Ex-dividend date
- Sep 18, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 2.03B | 0.56 | 784.7% |
| 2024 | CNY 2.70B | 0.81 | 1,155.1% |
| 2023 | CNY 2.67B | 0.80 | 613.6% |
| 2022 | CNY 2.83B | 0.80 | - |
| 2021 | CNY 2.94B | 0.82 | 87.0% |
| 2020 | CNY 3.07B | 0.84 | 99.8% |
| 2019 | CNY 2.50B | 0.89 | 78.5% |
| 2018 | CNY 1.16B | 0.36 | 61.8% |
| 2017 | CNY 503M | 0.16 | 29.9% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 1.3:1 on May 28, 2020.
Who owns Hengyi Petrochemical Co Ltd
- Insiders 56.36%
- Institutions 6.54%
- Public & others 37.10%
- Shares outstanding 4.11B
- Free float 1.54B
Hengyi Petrochemical Co Ltd company profile
- Company name
- Hengyi Petrochemical Co Ltd
- Ticker
- 000703.SHE
- ISIN
- CNE0000001J1
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Feb 1, 1990
- Sector
- Basic Materials
- Industry
- Chemicals
- Employees
- 17,511
- Fiscal year end
- December
- Address
- Building 3, Hengyi South Bank Pearl, Hangzhou, China, 311215
- Phone
- 86 571 8279 7888
- Website
- hengyishihua.com
About Hengyi Petrochemical Co Ltd
Hengyi Petrochemical Co., Ltd. produces and sells chemical fiber products in China and internationally. The company operates through Refining, PTA, and PET products segments. It offers gasoline, diesel, aviation kerosene, and other refined oils; basic petrochemical raw materials comprising paraxylene, purified terephthalic acid, caprolactam, liquefied petroleum gas, benzene, and other chemicals; and polyester products, such as polyester pre-oriented yarn, fully drawn yarn, draw textured yarn, polyester staple fiber, polyester chips, polyester bottle chips, and other products. The company was formerly known as Shi Ji Guang Hua Technology Company Limited and changed its name to Hengyi Petrochemical Co., Ltd. in May 2011. The company was founded in 1989 and is based in Hangzhou, China.
Hengyi Petrochemical Co Ltd management
7- Mr. Yi Bo QiuChairman of the Board & President · born 1987
- Mr. Xingang ZhengVP, CFO & Board Secretary · born 1979
- Mr. Songlin WangExecutive Vice President · born 1970
- Mr. Zhong WuVP & Non-Independent Director · born 1989
- Mr. Donghua ZhaoVP & Director · born 1985
- Mr. Liancai ChenVice President · born 1967
- Ms. Jin Mei NiVice President · born 1976