Wanhua Chemical Group (600309) Stock Price, Fundamentals & Analysis

What 600309 does

Wanhua Chemical Group (600309) is a Specialty Chemicals company listed on the Shanghai Stock Exchange and a member of the CSI 300. It operates through three segments: Polyurethane, Petrochemical, and Fine Chemicals and New Materials. The company produces isocyanates, polyether polyols, olefin derivatives, ethylene, and a range of new materials including thermoplastic polyurethane elastomers, polymethyl methacrylate, water treatment membranes, and ultra-high voltage cable materials. Headquartered in Yantai, China, it employs 30,772 people and serves customers in China and internationally.

Key numbers explained

• The current price is 69.45 CNY, down 3% today, with a 52-week range of 60.6 – 97 and a 5.3% price change over the last year.
• The trailing P/E ratio of 13.6 shows how much investors pay per CNY of recent earnings; the forward P/E ratio of 10.4 reflects the same based on expected earnings.
• The dividend yield of 2.97% indicates the annual dividend as a percentage of the current price, with 24% of earnings paid out as dividends and an ex-dividend date of 11 sept. 2026.
• Earnings per share for the trailing 12 months is 5.09 CNY, meaning the company earned that amount per share over the period.
• The beta of 0.52 suggests the stock tends to be less volatile than the overall market.
• Return on equity of 16.1% shows how efficiently the company generates profit from shareholders' equity, while profit margin of 7.1% and operating margin of 13.5% measure profitability at different stages.
• The debt-to-equity ratio of 110.5% means the company has more debt than equity, and the price-to-book ratio of 1.91 indicates the market values it at roughly 1.91 times its book value.

What to watch

Investors tracking Wanhua Chemical Group often monitor commodity price cycles, especially for chemicals and olefins, which can affect both costs and selling prices. Regulatory changes in China's chemical sector and environmental policies may also influence operations and margins. The company's exposure to global demand for polyurethane and new materials makes it sensitive to broader industrial trends. Comparing its performance with peers such as Shanghai Putailai New Energy Technology (603659), Hoshine Silicon Industry (603260), China Northern Rare Earth Group (600111), Baoshan Iron and Steel (600019), Shandong Nanshan Aluminium (600219), Aluminum Corporation of China Limited (601600), and Jiangxi Copper (600362) can provide context for relative valuation and sector trends.