China Sunsine Chemical Q3 revenue jumps 79% on higher prices and volumes

China Sunsine Chemical Holdings

13/11/2026 09:50

Overview
Specialty chemical producer's Q3 sales revenue rose 79%r, driven by higher prices and volumes
Quarterly profit after tax more than doubled year-on-year
Company's 20,000-tonne annual Weifang production project commenced commercial production

Outlook
Company expects continued volatility in raw material prices and selling prices due to global uncertainty
Company says oversupply and intense competition in China's rubber chemicals industry persist
Annual production capacity projected to rise to 272,000 tonnes in FY2026 and FY2027

Result Drivers
VOLUME GROWTH - Sales volume reached a record high, up 22% year-on-year
HIGHER SELLING PRICES - Co said average selling price rose 47% mainly due to higher prices of raw materials
MARGIN GAINS - Gross margin rose 6.4 pts to 27.3%

Company press release: ID:nSN9w3yr9

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Gross Margin
 
27.30%
 
Q3 Sales revenue
 
RMB 1.37 bln
 
Q3 Profit
 
RMB 201.3 mln
 

Analyst Coverage
The one available analyst rating on the shares is "hold"
The average consensus recommendation for the specialty chemicals peer group is "buy."
Wall Street's median 12-month price target for China Sunsine Chemical Holdings Ltd is S$0.71, about 12.7% above its November 12 closing price of S$0.63
The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 8 three months ago

Reuters Recommended Reads
Nov 10 - Persil-maker Henkel targets top end of 2026 sales forecast range
Nov 12 - German chemicals lobby lifts 2026 sales forecast, but warns recovery remains elusive
Nov 10 - Israel's ICL Group Q3 sales, net income rise on diversified portfolio

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)