沪市化工板块半年报亮眼，34家净利润增幅上限超100%！

The chemical sector listed on the Shanghai Stock Exchange reported strong interim results, with 34 companies seeing the upper limit of their estimated net profit growth range exceed 100%!

【环球网财经综合报道】2026年半年报进入密集披露期，沪市化工板块整体业绩表现突出。据Wind数据统计，截至8月20日，74家已披露或预告业绩的沪市化工企业中，51家净利润实现同比增长，占比近七成；其中34家净利润增幅上限超过100%。

[Global Times Finance Comprehensive Report] As the 2026 semi-annual reports enter a period of intensive disclosure, the overall performance of the SSE-listed chemical sector was outstanding. According to Wind data, as of August 20, among the 74 Shanghai-listed chemical companies that have disclosed or forecasted their performance, 51 companies achieved year-on-year growth in net profit, accounting for nearly 70%. Among them, 34 companies reported the upper limit of their estimated net profit growth exceeding 100%.

多家龙头企业业绩增长显著。涤纶长丝龙头新凤鸣（603225）预计上半年净利润13.8亿至15亿元，同比增长94.59%至111.51%。公司方面表示，业绩大幅修复是上游供给收缩、行业“反内卷”自律及市场供需关系优化多重因素共振的结果。化工新材料企业东材科技（601208）预计上半年净利润约3.12亿元，同比增长约63.93%，核心产品已通过国内外一线覆铜板厂商间接供应至全球主流服务器产业链体系。硅基新材料企业合盛硅业（603260）预计上半年净利润3.2亿至3.8亿元，同比扭亏为盈。

The performance of a number of leading enterprises has increased significantly. Polyester filament leader Xinfengming (603225) expects first-half net profit to be 1.38 billion to 1.5 billion yuan, up 94.59 to 111.51 percent year-on-year. The company said that the significant earnings recovery is the result of multiple factors’ resonance: upstream supply contraction, industry "anti-involution" self-discipline and optimization of market supply and demand. Dongcai Technology (601208), a new chemical materials enterprise, expects a net profit of about 0.312 billion yuan in the first half of the year, an increase of about 63.93 percent over the same period last year. Its core products have been indirectly supplied to the global mainstream server industrial chain through domestic and foreign first-line copper clad laminate manufacturers. Silicon-based new materials company Hesheng Silicon Industry (603260) expects its net profit to be 0.32 billion to 0.38 billion yuan in the first half of the year, turning losses into profits year-on-year.

多位业内人士认为，本轮化工行业景气度回升，是需求端韧性提升和供给侧“反内卷”政策约束叠加的结果。申万宏源化工行业首席分析师宋涛表示，化工行业整体景气度仍将持续，地缘冲突下油价中枢较稳定，未来需求增长仍可持续。从更长周期看，化工行业景气度的回升既是周期波动的结果，也是行业多年来推进供给侧结构性改革和产业升级的体现。（由铮）

A number of industry insiders believe that the current round of chemical industry boom rebound comes from the superposition of improved demand-side resilience and supply-side "anti-involution" policy constraints. Song Tao, chief analyst of the chemical industry of Shenwan Hongyuan, said that the overall prosperity of the chemical industry will continue. Oil prices remain relatively stable amid geopolitical conflicts, and future demand growth will stay sustainable. From a longer-term perspective, the rebound in the prosperity of the chemical industry is not only the result of cyclical fluctuations, but also the embodiment of the industry's promotion of supply-side structural reform and industrial upgrading over the years. (Zheng)