Hengli Petrochemical Co., Ltd., a prominent player in the materials sector, has recently witnessed a significant development in its shareholder structure. The company, which specializes in the production of chemical fibers, including polyester filament and chips, announced on February 3, 2026, that its principal shareholder had increased its stake. This marks the first substantial shareholding expansion in the company’s recent history.
Headquartered in Dalian, China, Hengli Petrochemical operates within the chemicals industry and is listed on the Shanghai Stock Exchange under the stock code 600346. The company’s primary focus is on the global production and sale of polyester products, catering to both consumer and industrial markets.
As of February 5, 2026, the company’s stock traded at 24.72 CNH, reflecting a stable performance relative to its 52-week trading range. The stock reached a 52-week high of 27.26 CNH on January 25, 2026, and a low of 13.76 CNH on July 16, 2025. The recent trading price indicates a modest 12% decline from its peak, suggesting relatively contained volatility over the past year.
Financially, Hengli Petrochemical’s valuation metrics reveal a moderate price-to-earnings (P/E) ratio of 24.34, indicating a valuation that is reasonable in relation to its earnings. However, the price-to-book (P/B) ratio stands at 2.84, suggesting a higher valuation compared to the company’s book value. These financial indicators provide insight into the company’s market perception and investment attractiveness.
With a market capitalization of 169.29 billion CNH, Hengli Petrochemical continues to be a significant entity within the chemical sector. The recent increase in shareholding by the principal shareholder could potentially influence the company’s strategic direction and market performance in the coming years.
