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A chemical equation represents a chemical reaction using chemical formulas, with reactants on the left and reaction products on the right. A balanced chemical equation has the same number of chemical atoms of each chemical element on both sides. For molecular hydrogen and molecular oxygen forming water,The coefficients $2,1,2$ give the relative numbers of molecules; the coefficient $1$ is normally omitted. Count hydrogen as $2\times 2=4$ on the left and $2\times 2=4$ on the right, and oxygen as $1\times 2=2$ on the left and $2\times 1=2$ on the right. See Flowers et al., Chemistry 2e, §4.1: writing and balancing chemical equations.

To balance the initial expression ${\mathrm{H}}_2+{\mathrm{O}}_2⟶{\mathrm{H}}_2\mathrm{O}$, first put $2$ before water to match the two oxygen chemical atoms. This creates four hydrogen chemical atoms on the right, so put $2$ before molecular hydrogen. Changing a coefficient multiplies the entire chemical formula. Changing a subscript changes composition and usually the chemical substance: $2{\mathrm{H}}_2\mathrm{O}$ is two water molecules, whereas ${\mathrm{H}}_2{\mathrm{O}}_2$ is one hydrogen peroxide molecule. Never balance a chemical equation by changing its subscripts.

The bookkeeping follows from conservation of the atomic nuclei in ordinary, non-nuclear chemical reactions; chemical bonds and the distribution of Electrons can change. For a chemical equation involving ions, total electric charge must also match. For example, the existing self-ionization of water equation has zero total electric charge on each side, since the $+1$ of hydronium cancels the $-1$ of hydroxide. See 2.6 Ionic and Molecular Compounds (§2.6: nuclei and ions).

The same $2:1:2$ ratio relates changes in amount of substance: two moles of molecular hydrogen consumed per mole of molecular oxygen correspond to two moles of water formed. A mole is a defined unit, not one molecule; the little whole-number picture is an abstract counting model, not a claim that a macroscopic sample contains just five molecules. See molecular count and amount of substance for the exact conversion and BIPM, SI base unit: mole for the definition.

This is why a balanced chemical equation is useful: stoichiometry turns the same atom accounting into relations between measurable quantities. It does not determine reaction rate, the final conversion set by chemical equilibrium, or the actual yield of recovered reaction products. The limiting reagent gives an upper bound under the specified chemical reaction.

At chemical equilibrium, the sum of chemical potentials weighted by each reaction's stoichiometric coefficients vanishes.

A chemical formula uses symbols of chemical elements and numerical subscripts to record composition. In the molecular formula ${\mathrm{H}}_2\mathrm{O}$ of water, the subscript $2$ counts two hydrogen chemical atoms, and the omitted subscript after $\mathrm{O}$ means one oxygen chemical atom. A molecular formula describes one molecule; a chemical formula need not describe a discrete molecule.

Read a preceding coefficient separately from the subscripts. One ${\mathrm{H}}_2\mathrm{O}$ contains two hydrogen and one oxygen chemical atom; $2{\mathrm{H}}_2\mathrm{O}$ contains four hydrogen and two oxygen chemical atoms distributed between two water molecules. In ${\mathrm{H}}_2{\mathrm{O}}_2$, the second subscript instead puts two oxygen chemical atoms into each hydrogen peroxide molecule. Thus $2{\mathrm{H}}_2\mathrm{O}\ne {\mathrm{H}}_2{\mathrm{O}}_2$: the coefficient scales the whole chemical formula, while a subscript specifies its composition. See Flowers et al., Chemistry 2e, §2.4: chemical formulas.

For crystalline $\mathrm{NaCl}$, the chemical formula specifies a $1:1$ ratio of sodium ions ${\mathrm{Na}}^{+}$ to chlorine ions ${\mathrm{Cl}}^{-}$. Its formula unit is the accounting entity; the ordinary crystal is an extended arrangement of ions, rather than a collection of discrete $\mathrm{NaCl}$ molecules. Specifying the entity matters when assigning an amount of substance. See formula unit and 2.6 Ionic and Molecular Compounds (§2.6: ionic and molecular compounds).

A molecular formula gives an atom inventory, not the full arrangement of chemical bonds or the molecular geometry. For example, ${\mathrm{C}}_6{\mathrm{H}}_{12}{\mathrm{O}}_6$ counts six carbon, twelve hydrogen, and six oxygen chemical atoms in a glucose molecule, but does not specify the pattern shown by its Fischer projection. Different structures can share a molecular formula. This compact inventory is useful for chemical equation accounting precisely because it leaves the structural detail to other representations.

The choice of letters has an early explanation in Jöns Jacob Berzelius, Essay on the Cause of Chemical Proportions (1813–1814), §III, transcribed by Carmen Giunta: letters made chemical signs easier to write and print, and formulas compressed information about composition. His numerical notation differed from modern subscripts; the lasting idea was to make proportions readable in ordinary text.

Chemical polarity concerns unequal distribution of electron density in a chemical bond or molecule. A polar molecule has a permanent electric dipole moment; the effects of individual bonds must be combined with their spatial arrangement. In a symmetric linear carbon dioxide molecule, opposing bond-dipole contributions cancel. In water, its bent molecular geometry prevents that cancellation, giving a permanent electric dipole moment.^[ref]

A chemical reaction interconverts chemical species, as defined by the ^[ref]. The consumed species are reactants; the formed species are reaction products. In ordinary chemical reactions, chemical atoms are rearranged while each chemical element's total atom count is conserved. For a complete chemical equation, net electric charge is conserved too.

For example, the balanced chemical equationdescribes conversion of molecular hydrogen and molecular oxygen into water. Both sides contain four hydrogen chemical atoms and two oxygen chemical atoms. Three reactant molecules become two reaction product molecules: atom counts are conserved, but molecule counts need not be. See Flowers et al., Chemistry 2e, balancing chemical equations.

The coefficients describe net consumption and formation, without asserting that three molecules collide in one step. A balanced chemical equation supplies quantitative constraints; it does not determine how quickly the chemical reaction occurs, or whether chemical equilibrium prevents complete conversion. Those questions need further information. Keeping these roles distinct makes stoichiometry useful even when the microscopic details are complicated.