002648.SZ
Price:
$25.46
Market Cap:
$85.77B
Satellite Chemical Co.,Ltd., a low-carbon chemical company, research, development, production, sale, and service of new electronic chemicals and functional materials in China and internationally. The company offers ethylene oxide, high density polyethylene, ethylene glycol, and polycarboxylic monomer products; and acrylic acid monomer, super absorbent polymer, polymer emulsion and resin, polypropylene, pigment intermediate, and hydrogen peroxide products. Its products are used in aerospace, new energy vehicles, electronic chips, green infrastructure, and healthcare. The company was formerly known as Zhejiang Satellite Petrochemical Co., Ltd. and changed its name to Satellite Chemical Co.,Ltd...[Read more]
Industry
Chemicals - Specialty
IPO Date
2011-12-28
Stock Exchange
SHZ
Ticker
002648.SZ
According to Satellite Chemical Co.,Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.03. This represents a change of 12.62% compared to the average of 0.92 of the last 4 quarters.
The mean historical Current Ratio of Satellite Chemical Co.,Ltd. over the last ten years is 1.15. The current 1.03 Current Ratio has changed 8.87% with respect to the historical average. Over the past ten years (40 quarters), 002648.SZ's Current Ratio was at its highest in in the September 2021 quarter at 2.30. The Current Ratio was at its lowest in in the June 2016 quarter at 0.65.
Average
1.15
Median
1.07
Minimum
0.69
Maximum
1.88
Discovering the peaks and valleys of Satellite Chemical Co.,Ltd. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 151.08%
Maximum Annual Current Ratio = 1.88
Minimum Annual Increase = -42.79%
Minimum Annual Current Ratio = 0.69
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 0.92 | -8.88% |
| 2024 | 1.01 | -5.66% |
| 2023 | 1.07 | -0.63% |
| 2022 | 1.08 | -42.79% |
| 2021 | 1.88 | 58.30% |
| 2020 | 1.19 | 71.31% |
| 2019 | 0.69 | -42.55% |
| 2018 | 1.21 | -32.23% |
| 2017 | 1.78 | 151.08% |
| 2016 | 0.71 | 1.96% |
The current Current Ratio of Satellite Chemical Co.,Ltd. (002648.SZ) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.00
5-year avg
1.19
10-year avg
1.15
Satellite Chemical Co.,Ltd.’s Current Ratio is less than Shanghai Putailai New Energy Technology Co.,Ltd. (1.34), less than Kingfa Sci. & Tech. Co., Ltd. (1.26), greater than Yunnan Yuntianhua Co., Ltd. (0.99), less than Shandong Nanshan Aluminium Co.,Ltd. (3.18), less than Shanjin International Gold Co., Ltd. (2.91), less than China Rare Earth Resources and Technology Co., Ltd. (6.51), greater than Hoshine Silicon Industry Co., Ltd. (0.29), greater than Tianshan Aluminum Group Co., Ltd. (1.01), greater than Sinoma Science & Technology Co.,Ltd. (0.95), less than Huafon Chemical Co., Ltd. (2.75),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.34 | $51.72B | |
| 1.26 | $40.08B | |
| 0.99 | $52.50B | |
| 3.18 | $54.32B | |
| 2.91 | $70.17B | |
| 6.51 | $58.80B | |
| 0.29 | $41.40B | |
| 1.01 | $61.05B | |
| 0.95 | $93.57B | |
| 2.75 | $55.93B |
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