Hengli Petrochemical Co (SHSE:600346) E10: ¥1.13 (As of Mar. 2026)


SHSE:600346 Hengli Petrochemical Co Ltd SHSE:600346
77 GF Score
Price ¥17.78
GF Value ¥13.85
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Hengli Petrochemical Co E10?

Hengli Petrochemical Co SHSE:600346 +0.40% 77 E10 is ¥1.13 as of Mar. 2026. GuruFocus rates SHSE:600346 with a GF Score™ of 77/100 and a GF Value™ of ¥13.85 (Modestly Overvalued). The stock has 10 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Hengli Petrochemical Co's adjusted earnings per share data for the three months ended in Mar. 2026 was ¥0.560. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ¥1.13 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Hengli Petrochemical Co's average E10 Growth Rate was 7.60% per year. During the past 3 years, the average E10 Growth Rate was 11.10% per year. During the past 5 years, the average E10 Growth Rate was 15.00% per year. During the past 10 years, the average E10 Growth Rate was 53.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Hengli Petrochemical Co was 146.60% per year. The lowest was -58.70% per year. And the median was 37.50% per year.

As of today (2026-07-01), Hengli Petrochemical Co's current stock price is ¥17.78. Hengli Petrochemical Co's E10 for the quarter that ended in Mar. 2026 was ¥1.13. Hengli Petrochemical Co's Shiller PE Ratio of today is 15.73.

During the past 13 years, the highest Shiller PE Ratio of Hengli Petrochemical Co was 280.36. The lowest was 13.03. And the median was 41.24.


Hengli Petrochemical Co  (SHSE:600346) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Hengli Petrochemical Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=17.78/1.13
=15.73

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of Hengli Petrochemical Co was 280.36. The lowest was 13.03. And the median was 41.24.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Hengli Petrochemical Co E10 Related Terms


Hengli Petrochemical Co E10 Historical Data

* Premium members only.

The historical data trend for Hengli Petrochemical Co's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hengli Petrochemical Co E10 Chart

Hengli Petrochemical Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 0.78 0.88 1.02 1.07

Hengli Petrochemical Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.05 1.02 1.05 1.07 1.13

SHSE:600346 vs DOW: E10 Comparison

For the Chemicals subindustry, Hengli Petrochemical Co's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hengli Petrochemical Co Shiller PE Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hengli Petrochemical Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Hengli Petrochemical Co's Shiller PE Ratio falls into.


SHSE:600346
77GF Score
Hengli Petrochemical Co Ltd SHSE:600346
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hengli Petrochemical Co E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Hengli Petrochemical Co's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.56/116.3033*116.3033
=0.560

Current CPI (Mar. 2026) = 116.3033.

Hengli Petrochemical Co Quarterly Data

per share eps CPI Adj_EPS
201606 0.093 101.400 0.107
201609 0.062 102.400 0.070
201612 0.136 102.600 0.154
201703 0.164 103.200 0.185
201706 0.039 103.100 0.044
201709 0.157 104.100 0.175
201712 0.214 104.500 0.238
201803 0.200 105.300 0.221
201806 0.110 104.900 0.122
201809 0.280 106.600 0.305
201812 -0.080 106.500 -0.087
201903 0.070 107.700 0.076
201906 0.500 107.700 0.540
201909 0.410 109.800 0.434
201912 0.460 111.200 0.481
202003 0.310 112.300 0.321
202006 0.480 110.400 0.506
202009 0.620 111.700 0.646
202012 0.510 111.500 0.532
202103 0.590 112.662 0.609
202106 0.640 111.769 0.666
202109 0.580 112.215 0.601
202112 0.400 113.108 0.411
202203 0.600 114.335 0.610
202206 0.540 114.558 0.548
202209 -0.280 115.339 -0.282
202212 -0.530 115.116 -0.535
202303 0.140 115.116 0.141
202306 0.290 114.558 0.294
202309 0.380 115.339 0.383
202312 0.170 114.781 0.172
202403 0.300 115.227 0.303
202406 0.270 114.781 0.274
202409 0.160 115.785 0.161
202412 0.270 114.893 0.273
202503 0.290 115.116 0.293
202506 0.140 114.907 0.142
202509 0.280 115.471 0.282
202512 0.300 115.832 0.301
202603 0.560 116.303 0.560

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of ¥1.13 mean?
Hengli Petrochemical Co (SHSE:600346) has a E10 of ¥1.13 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Hengli Petrochemical Co and its competitors.
Is Hengli Petrochemical Co's E10 too high?
Hengli Petrochemical Co's current E10 is ¥1.13. Overall, Hengli Petrochemical Co has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hengli Petrochemical Co's E10 compare to DOW?
Hengli Petrochemical Co's E10 of ¥1.13 can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Chemicals company?
A good E10 depends on the Chemicals industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Hengli Petrochemical Co and its competitors. Hengli Petrochemical Co's current E10 is ¥1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hengli Petrochemical Co stock overvalued right now?
Based on GuruFocus' analysis, Hengli Petrochemical Co (SHSE:600346) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥13.85, compared to a current price of ¥17.78 — trading 28.4% above its estimated fair value. The current E10 is ¥1.13. Hengli Petrochemical Co's overall GF Score™ is 77/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Hengli Petrochemical Co (SHSE:600346), the current E10 is ¥1.13 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hengli Petrochemical Co (SHSE:600346) Overvalued in 2026?

Based on GuruFocus' analysis, Hengli Petrochemical Co stock appears to be overvalued. The current stock price of ¥17.78 is trading 28.4% above its estimated GF Value™ of ¥13.85. GuruFocus considers Hengli Petrochemical Co to be Modestly Overvalued.

Key valuation signals for SHSE:600346:

  • E10: ¥1.13
  • GF Value™: ¥13.85 vs. price of ¥17.78 (28.4% above fair value)
  • GF Score™: 77/100 with 10 warning signs

No single metric tells the full story. See the SHSE:600346 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hengli Petrochemical Co Business Description

Address No. 52 Gangxing Road, Renmin Road Street, Floor 31, Building B, Victoria Plaza, Zhongshan District, Liaoning Province, Dalian, CHN, 116001
Hengli Petrochemical Co Ltd engages in the petrochemical industry. Its principal activities include: the production and sales of chemical fibers; sales of purified terephthalic acid; and import and export of goods. The company's main products include oil refining products, chemical products, PTA, polyester chips, polyester fibers, and films, among others. The company mainly operates in three business segments: the Petrochemical business segment, the Polyester business segment, and the Headquarters and other business segments. Maximum revenue is generated from the Petrochemical segment. Geographically, the company earns maximum revenue from overseas markets through exports.
77GF Score

Get the complete analysis for SHSE:600346

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥17.78
Price
¥13.85
GF Value