Hengyi Petrochemical Co., Ltd.
000703
Rank in Stocks
#2640
Hengyi Petrochemical Co., Ltd. is a global producer and supplier of a diverse... Hengyi Petrochemical Co., Ltd. is a global producer and supplier of a diverse range of petrochemical products, operating both within China and in international markets. The company's extensive product portfolio encompasses refined petroleum products such as gasoline, diesel, and kerosene. Beyond fuels, it manufactures critical petrochemical intermediates like paraxylene, benzene, purified terephthalic acid, and caprolactam. Additionally, Hengyi produces a wide array of chemical fiber items, including pre-oriented, fully drawn, and draw textured yarns, as well as polyester staple fiber, and various types of polyester chips, such as bottle chips. These materials are integral to numerous industries, finding applications in sectors including textile and garment manufacturing, home furnishings, and various industrial processes. Founded in 1989, the company was initially known as Shi Ji Guang Hua Technology Company Limited before rebranding to Hengyi Petrochemical Co., Ltd. in May 2011. Its corporate headquarters are situated in Hangzhou, China.
Share Price
$1.90
Market Cap
$7.09B
Change (1 day)
-6.00%
Change (1 year)
103.95%
Country
CN
Trade Hengyi Petrochemical Co., Ltd. (000703)
Category
Basic Materials
P/E ratio for Hengyi Petrochemical Co., Ltd. (000703)
P/E ratio as of October 2026 TTM: 7.25
According to Hengyi Petrochemical Co., Ltd. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.25. At the end of 2024 the company had a P/E ratio of 89.71.
P/E ratio history for Hengyi Petrochemical Co., Ltd. from 2001 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 7.25 | -94.61% |
| 2025 | 134.63 | 50.06% |
| 2024 | 89.71 | 73.55% |
| 2023 | 51.69 | -325.60% |
| 2022 | -22.91 | -302.18% |
| 2021 | 11.33 | -25.56% |
| 2020 | 15.23 | 60.64% |
| 2019 | 9.48 | -28.11% |
| 2018 | 13.18 | -34.17% |
| 2017 | 20.03 | -18.73% |
| 2016 | 24.64 | -64.49% |
| 2015 | 69.39 | -338.28% |
| 2014 | -29.12 | -258.72% |
| 2013 | 18.35 | -50.94% |
| 2012 | 37.40 | 528.68% |
| 2011 | 5.95 | -99.90% |
| 2010 | 5.95K | -12,016.41% |
| 2009 | -49.96 | 180.95% |
| 2008 | -17.78 | -139.10% |
| 2007 | 45.47 | -54.61% |
| 2006 | 100.18 | -861.74% |
| 2005 | -13.15 | -123.25% |
| 2004 | 56.56 | -418.03% |
| 2003 | -17.78 | -126.23% |
| 2002 | 67.80 | 5.73% |
| 2001 | 64.12 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 32.40 | 346.75% |
GB
|
|
| 29.55 | 307.46% |
FR
|
|
| 31.43 | 333.30% |
US
|
|
| 38.39 | 429.33% |
US
|
|
| -1.46K | -20,160.61% |
US
|
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.