002648.SZ
Price:
$16.65
Market Cap:
$55.88B
Satellite Chemical Co.,Ltd. produces and sells acrylic acid and ester, polymer emulsions, and functional polymer materials in China. The company also provides ethylene oxide and glycol, high-density polyethylene, and polycarboxylic monomer. In addition, it offers methyl acrylate, ethyl acrylate, n-butyl acrylate, and isooctyl acrylate; polymer emulsion and resin; super absorbent resin; hydrogen peroxide and pigment intermediaries. The company was formerly known as Zhejiang Satellite Petrochemical Co., Ltd. and changed its name to Satellite Chemical Co.,Ltd. in October 2021. Satellite Chemical Co.,Ltd. was founded in 2010 and is headquartered in Jiaxing, China.
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 0.81. This represents a change of -16.17% compared to the average of 0.97 of the last 4 quarters.
The mean historical Current Ratio of Satellite Chemical Co.,Ltd. over the last ten years is 1.14. The current 0.81 Current Ratio has changed 7.00% 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
1.14
Median
1.12
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 = -42.55%
Minimum Annual Current Ratio = 0.69
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.01 | -5.66% |
| 2023 | 1.07 | -8.32% |
| 2022 | 1.17 | -37.99% |
| 2021 | 1.88 | 55.89% |
| 2020 | 1.21 | 73.97% |
| 2019 | 0.69 | -42.55% |
| 2018 | 1.21 | -32.23% |
| 2017 | 1.78 | 151.08% |
| 2016 | 0.71 | 1.08% |
| 2015 | 0.70 | -22.48% |
The current Current Ratio of Satellite Chemical Co.,Ltd. (002648.SZ) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.08
5-year avg
1.27
10-year avg
1.14
Satellite Chemical Co.,Ltd.’s Current Ratio is less than Shanghai Putailai New Energy Technology Co.,Ltd. (1.37), less than Kingfa Sci. & Tech. Co., Ltd. (1.28), less than Yunnan Yuntianhua Co., Ltd. (0.95), less than Shandong Nanshan Aluminium Co.,Ltd. (3.38), less than Shanjin International Gold Co., Ltd. (2.97), less than China Minmetals Rare Earth Co., Ltd. (5.42), greater than Hoshine Silicon Industry Co., Ltd. (0.31), less than Tianshan Aluminum Group Co., Ltd. (0.98), less than Sinoma Science & Technology Co.,Ltd. (0.97), less than Huafon Chemical Co., Ltd. (2.50),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.37 | $55.56B | |
| 1.28 | $45.22B | |
| 0.95 | $54.02B | |
| 3.38 | $54.35B | |
| 2.97 | $68.78B | |
| 5.42 | $46.70B | |
| 0.31 | $60.55B | |
| 0.98 | $63.15B | |
| 0.97 | $58.90B | |
| 2.50 | $49.13B |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Satellite Chemical Co.,Ltd. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Satellite Chemical Co.,Ltd. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Satellite Chemical Co.,Ltd.'s Current Ratio?
How is the Current Ratio calculated for Satellite Chemical Co.,Ltd. (002648.SZ)?
What is the highest Current Ratio for Satellite Chemical Co.,Ltd. (002648.SZ)?
What is the 3-year average Current Ratio for Satellite Chemical Co.,Ltd. (002648.SZ)?
What is the 5-year average Current Ratio for Satellite Chemical Co.,Ltd. (002648.SZ)?
How does the current Current Ratio for Satellite Chemical Co.,Ltd. (002648.SZ) compare to its historical average?