Satellite ChemicalLtd Balance Sheet Health
Financial Health criteria checks 4/6
Satellite ChemicalLtd has a total shareholder equity of CN¥27.8B and total debt of CN¥14.2B, which brings its debt-to-equity ratio to 50.9%. Its total assets and total liabilities are CN¥67.7B and CN¥39.8B respectively. Satellite ChemicalLtd's EBIT is CN¥7.3B making its interest coverage ratio 27.1. It has cash and short-term investments of CN¥7.2B.
Key information
50.9%
Debt to equity ratio
CN¥14.18b
Debt
| Interest coverage ratio | 27.1x |
| Cash | CN¥7.16b |
| Equity | CN¥27.85b |
| Total liabilities | CN¥39.80b |
| Total assets | CN¥67.65b |
Recent financial health updates
Satellite ChemicalLtd (SZSE:002648) Has A Pretty Healthy Balance Sheet
Dec 18
Is Satellite ChemicalLtd (SZSE:002648) A Risky Investment?
Sep 13These 4 Measures Indicate That Satellite ChemicalLtd (SZSE:002648) Is Using Debt Reasonably Well
May 26Recent updates
Satellite ChemicalLtd (SZSE:002648) Has A Pretty Healthy Balance Sheet
Dec 18At CN¥18.85, Is Satellite Chemical Co.,Ltd. (SZSE:002648) Worth Looking At Closely?
Nov 11Satellite Chemical Co.,Ltd. (SZSE:002648) Doing What It Can To Lift Shares
Oct 13Is Satellite ChemicalLtd (SZSE:002648) A Risky Investment?
Sep 13Lacklustre Performance Is Driving Satellite Chemical Co.,Ltd.'s (SZSE:002648) Low P/E
Jul 14Is There Now An Opportunity In Satellite Chemical Co.,Ltd. (SZSE:002648)?
Jun 13These 4 Measures Indicate That Satellite ChemicalLtd (SZSE:002648) Is Using Debt Reasonably Well
May 26Satellite Chemical Co.,Ltd. Just Missed EPS By 36%: Here's What Analysts Think Will Happen Next
Apr 26Investors Still Aren't Entirely Convinced By Satellite Chemical Co.,Ltd.'s (SZSE:002648) Earnings Despite 25% Price Jump
Mar 04Satellite ChemicalLtd (SZSE:002648) Might Be Having Difficulty Using Its Capital Effectively
Feb 29Financial Position Analysis
Short Term Liabilities: 002648's short term assets (CN¥14.9B) do not cover its short term liabilities (CN¥15.1B).
Long Term Liabilities: 002648's short term assets (CN¥14.9B) do not cover its long term liabilities (CN¥24.7B).
Debt to Equity History and Analysis
Debt Level: 002648's net debt to equity ratio (25.2%) is considered satisfactory.
Reducing Debt: 002648's debt to equity ratio has reduced from 59.2% to 50.9% over the past 5 years.
Debt Coverage: 002648's debt is well covered by operating cash flow (64.4%).
Interest Coverage: 002648's interest payments on its debt are well covered by EBIT (27.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 13:38 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Satellite Chemical Co.,Ltd. is covered by 19 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yuan Yuan Yu | BOCI Research Ltd. |
| Wenpo Ren | China Galaxy Securities Co., Ltd. |
| Kaiming Fu | China International Capital Corporation Limited |