According to the Open Source Securities Research Report, Sanyou Chemical is a leader in the viscose staple fiber and silicone industries, opening up new growth space for new electronic chemical projects. The company is vigorously implementing the “three turns” strategy of turning to the ocean, transforming to green, and shifting to high quality, and is focusing on building a “three chains and one group” industrial layout. By the end of 2025, the company had an annual production capacity of soda ash, viscose staple fiber, PVC, caustic soda, and silicone monomers reaching 3.4 million tons, 800,000 tons, 525,000 tons, 628,000 tons, and 400,000 tons respectively. It is a leading enterprise in various domestic segments. The company's advantages in production costs in the two-alkali, one-chemical circular economy are prominent. In the future, it will rely on the “three chains and one group” layout to advance into the circuit of new materials with high added value such as silicone, wet electronic chemicals, and sodium electric materials, further opening up new growth space. The company's net profit for 2026-2028 is estimated to be 8.66, 12.82, and 1,779 billion yuan, respectively, and EPS is 0.42, 0.62, and 0.86 yuan/share, respectively. The current stock price is 13.4, 9.0, and 6.5 times PE corresponding to 2026-2028, maintaining a “buy” rating.

According to the Open Source Securities Research Report, Sanyou Chemical is a leader in the viscose staple fiber and silicone industries, opening up new growth space for new electronic chemical projects. The company is vigorously implementing the “three turns” strategy of turning to the ocean, transforming to green, and shifting to high quality, and is focusing on building a “three chains and one group” industrial layout. By the end of 2025, the company had an annual production capacity of soda ash, viscose staple fiber, PVC, caustic soda, and silicone monomers reaching 3.4 million tons, 800,000 tons, 525,000 tons, 628,000 tons, and 400,000 tons respectively. It is a leading enterprise in various domestic segments. The company's advantages in production costs in the two-alkali, one-chemical circular economy are prominent. In the future, it will rely on the “three chains and one group” layout to advance on the circuit of new materials with high added value such as silicone, wet electronic chemicals, and sodium electric materials, further opening up new growth space. The company's net profit for 2026-2028 is estimated to be 8.66, 12.82, and 1,779 billion yuan, respectively, and EPS is 0.42, 0.62, and 0.86 yuan/share, respectively. The current stock price is 13.4, 9.0, and 6.5 times PE corresponding to 2026-2028, maintaining a “buy” rating.