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Satellite ChemicalLtd SZSE:002648 Stock Report

Last Price

CN¥16.68

Market Cap

CN¥56.1b

7D

-3.4%

1Y

7.5%

Updated

27 Mar, 2024

Data

Company Financials +

Satellite Chemical Co.,Ltd.

SZSE:002648 Stock Report

Market Cap: CN¥56.1b

2648 Stock Overview

Satellite Chemical Co.,Ltd., together with its subsidiaries, manufactures and sells functional chemicals, new polymer materials, and new energy materials in China and internationally.

2648 fundamental analysis
Snowflake Score
Valuation6/6
Future Growth1/6
Past Performance5/6
Financial Health4/6
Dividends5/6

Satellite Chemical Co.,Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Satellite ChemicalLtd
Historical stock prices
Current Share PriceCN¥16.68
52 Week HighCN¥17.55
52 Week LowCN¥12.42
Beta1.31
1 Month Change2.84%
3 Month Change13.39%
1 Year Change7.54%
3 Year Change21.43%
5 Year Change180.64%
Change since IPO413.26%

Recent News & Updates

Investors Still Aren't Entirely Convinced By Satellite Chemical Co.,Ltd.'s (SZSE:002648) Earnings Despite 25% Price Jump

Mar 04
Investors Still Aren't Entirely Convinced By Satellite Chemical Co.,Ltd.'s (SZSE:002648) Earnings Despite 25% Price Jump

Satellite ChemicalLtd (SZSE:002648) Might Be Having Difficulty Using Its Capital Effectively

Feb 29
Satellite ChemicalLtd (SZSE:002648) Might Be Having Difficulty Using Its Capital Effectively

Recent updates

Investors Still Aren't Entirely Convinced By Satellite Chemical Co.,Ltd.'s (SZSE:002648) Earnings Despite 25% Price Jump

Mar 04
Investors Still Aren't Entirely Convinced By Satellite Chemical Co.,Ltd.'s (SZSE:002648) Earnings Despite 25% Price Jump

Satellite ChemicalLtd (SZSE:002648) Might Be Having Difficulty Using Its Capital Effectively

Feb 29
Satellite ChemicalLtd (SZSE:002648) Might Be Having Difficulty Using Its Capital Effectively

Shareholder Returns

2648CN ChemicalsCN Market
7D-3.4%-2.4%-2.2%
1Y7.5%-25.7%-14.8%

Return vs Industry: 002648 exceeded the CN Chemicals industry which returned -25.7% over the past year.

Return vs Market: 002648 exceeded the CN Market which returned -14.8% over the past year.

Price Volatility

Is 2648's price volatile compared to industry and market?
2648 volatility
2648 Average Weekly Movement4.9%
Chemicals Industry Average Movement7.9%
Market Average Movement8.1%
10% most volatile stocks in CN Market11.4%
10% least volatile stocks in CN Market5.1%

Stable Share Price: 002648 has not had significant price volatility in the past 3 months.

Volatility Over Time: 002648's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19924,688Wei Dong Yanghttps://www.stl-chem.com

Satellite Chemical Co.,Ltd., together with its subsidiaries, manufactures and sells functional chemicals, new polymer materials, and new energy materials in China and internationally. It provides ethylene oxide and glycol, high-density polyethylene, styrene, carbonate, polystyrene, ethanolamine, polycarboxylic monomer, and epoxy ethane. In addition, the company offers acrylics and esters; polymer emulsions and resins; superabsorbent resins; polypropylene; hydrogen peroxide; and pigment intermediaries.

Satellite Chemical Co.,Ltd. Fundamentals Summary

How do Satellite ChemicalLtd's earnings and revenue compare to its market cap?
2648 fundamental statistics
Market capCN¥56.08b
Earnings (TTM)CN¥4.79b
Revenue (TTM)CN¥41.49b

11.7x

P/E Ratio

1.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2648 income statement (TTM)
RevenueCN¥41.49b
Cost of RevenueCN¥33.27b
Gross ProfitCN¥8.22b
Other ExpensesCN¥3.43b
EarningsCN¥4.79b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)1.42
Gross Margin19.82%
Net Profit Margin11.54%
Debt/Equity Ratio51.6%

How did 2648 perform over the long term?

See historical performance and comparison

Dividends

2.4%

Current Dividend Yield

28%

Payout Ratio
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