China Satellite Communications Co., Ltd.

China Satellite Communications Co., Ltd.verified

601698.SS

Price:

$19.64

Market Cap:

$82.97B

China Satellite Communications Co., Ltd. provides satellite communications and broadcasting services to broadcast, telecom, corporate, and government customers. It offers satellite resource leasing services, such as long-term and temporary rental; value-added services, including consulting, training, network access test and antenna certification, and interference location services, as well as tracking, telemetry, and control services; and bandwidth rental services for TV channels distribution, contribution, and direct to home broadcast through satellites. The company also provides equipment supply and system integration, uplink service, HUB hosting and operation, and other teleport services;...[Read more]

Industry

Telecommunications Services

IPO Date

2019-07-01

Stock Exchange

SHH

Ticker

601698.SS

The Current Ratio as of June 2025 (TTM) for China Satellite Communications Co., Ltd. (601698.SS) is 6.31

According to China Satellite Communications Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 6.31. This represents a change of 19.97% compared to the average of 5.26 of the last 4 quarters.

China Satellite Communications Co., Ltd. (601698.SS) Historical Current Ratio (quarterly & annually)

How has 601698.SS Current Ratio performed in the past?

The mean historical Current Ratio of China Satellite Communications Co., Ltd. over the last ten years is 2.82. The current 6.31 Current Ratio has changed 22.31% with respect to the historical average. Over the past ten years (40 quarters), 601698.SS's Current Ratio was at its highest in in the March 2025 quarter at 6.31. The Current Ratio was at its lowest in in the March 2018 quarter at 0.

Quarterly (TTM)
Annual

Average

2.82

Median

3.00

Minimum

0.85

Maximum

5.84

China Satellite Communications Co., Ltd. (601698.SS) Current Ratio by Quarter and Year

Discovering the peaks and valleys of China Satellite Communications 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 = 133.54%

Maximum Annual Current Ratio = 5.84

Minimum Annual Increase = -18.16%

Minimum Annual Current Ratio = 0.85

Quarterly (TTM)
Annual
YearCurrent RatioChange
20245.8436.39%
20234.28-2.39%
20224.3943.94%
20213.05-10.94%
20203.4216.16%
20192.95133.54%
20181.2615.66%
20171.0928.66%
20160.85-18.16%
20151.04-8.21%

China Satellite Communications Co., Ltd. (601698.SS) Average Current Ratio

How has 601698.SS Current Ratio performed in the past?

The current Current Ratio of China Satellite Communications Co., Ltd. (601698.SS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

4.84

5-year avg

4.20

10-year avg

2.82

China Satellite Communications Co., Ltd. (601698.SS) Current Ratio vs. Peers

How is 601698.SS’s Current Ratio compared to its peers?

China Satellite Communications Co., Ltd.’s Current Ratio is greater than 360 Security Technology Inc. (4.11), greater than China Spacesat Co.,Ltd. (1.95), greater than Dawning Information Industry Co., Ltd. (2.40), greater than GigaDevice Semiconductor (Beijing) Inc. (5.71), greater than AECC Aviation Power Co.,Ltd (1.18),

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