万华化学 reported revenue of ¥119.32B for the period ended 2026-06-30, +31.3% year on year. Net income was ¥11.56B, a 9.7% net margin on a 17.1% gross margin. The largest revenue line is 石化系列 at 40% of the total. Free cash flow for the period was ¥-0.78B.
| Item | Amount | Y/Y |
|---|---|---|
| Revenue | ¥119.32B | +31.3% |
| Gross profit | ¥20.38B | — |
| Operating income | ¥14.10B | — |
| Net income | ¥11.56B | +72.2% |
| Gross margin | 17.1% | Net margin 9.7% |
| Revenue Q/Q | +20.7% | — |
| Segment | Revenue | Share |
|---|---|---|
| 石化系列 | ¥47.74B | 40.0% |
| 聚氨酯系列 | ¥44.96B | 37.7% |
| 精细化学品及新材料系列 | ¥22.55B | 18.9% |
| 其他 | ¥13.05B | 10.9% |
| 其他(补充) | ¥0.87B | 0.7% |
| 产品间抵销 | ¥-9.84B | -8.2% |
| Item | Amount | % of revenue |
|---|---|---|
| Cost of revenue | ¥98.93B | 82.9% |
| R&D | ¥2.30B | 1.9% |
| SG&A | ¥2.23B | 1.9% |
| Tax & other | ¥2.53B | 2.1% |
| Item | Amount |
|---|---|
| Total assets | ¥354.15B |
| Total liabilities | ¥227.62B |
| Shareholders' equity | ¥126.53B |
| Equity / assets | 35.7% |
| Operating cash flow | ¥4.93B |
| Capital expenditure | ¥5.71B |
| Free cash flow | ¥-0.78B |
| Cash conversion (OCF / net income) | 102% |
The Sankey chart shows how revenue splits into cost of revenue, R&D and SG&A, and what remains as profit — clean visuals for research decks and social posts.
恒力石化 ・ 江西铜业 ・ 中航机载 ・ 国电南瑞 ・ 小商品城 ・ 华鲁恒升 ・ 片仔癀 ・ 通威股份 ・ 士兰微 ・ 中国动力 ・ 中金黄金 ・ 海南机场
Source: Eastmoney · This page shows public filing data only, not investment advice. · Browse all companies