Satellite Chemical Co.,Ltd.

Satellite Chemical Co.,Ltd.verified

002648.SZ

Price:

$17.6

Market Cap:

$59.29B

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

The ROE as of July 2025 (TTM) for Satellite Chemical Co.,Ltd. (002648.SZ) is 22.78%

According to Satellite Chemical Co.,Ltd.’s latest financial reports and current stock price. The company's current ROE is 22.78%. This represents a change of 303.18% compared to the average of 5.65% of the last 4 quarters.

Satellite Chemical Co.,Ltd. (002648.SZ) Historical ROE (quarterly & annually)

How has 002648.SZ ROE performed in the past?

The mean historical ROE of Satellite Chemical Co.,Ltd. over the last ten years is 13.06%. The current 22.78% ROE has changed 74.46% with respect to the historical average. Over the past ten years (40 quarters), 002648.SZ's ROE was at its highest in in the September 2021 quarter at 12.02%. The ROE was at its lowest in in the December 2015 quarter at -6.73%.

Quarterly (TTM)
Annual

Average

13.06%

Median

13.43%

Minimum

-13.94%

Maximum

31.02%

Satellite Chemical Co.,Ltd. (002648.SZ) ROE by Quarter and Year

Discovering the peaks and valleys of Satellite Chemical Co.,Ltd. ROE, 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 = 154.57%

Maximum Annual ROE = 31.02%

Minimum Annual Increase = -1619.18%

Minimum Annual ROE = -13.94%

Quarterly (TTM)
Annual
YearROEChange
202420.05%6.59%
202318.81%28.29%
202214.66%-52.74%
202131.02%154.57%
202012.19%-11.51%
201913.77%17.70%
201811.70%-10.65%
201713.09%41.92%
20169.23%-166.21%
2015-13.94%-1619.18%

Satellite Chemical Co.,Ltd. (002648.SZ) Average ROE

How has 002648.SZ ROE performed in the past?

The current ROE 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

17.84%

5-year avg

19.34%

10-year avg

13.06%

Satellite Chemical Co.,Ltd. (002648.SZ) ROE vs. Peers

How is 002648.SZ’s ROE compared to its peers?

Satellite Chemical Co.,Ltd.’s ROE is less than LB Group Co., Ltd. (8.11%), less than Rongsheng Petrochemical Co., Ltd. (1.73%), less than Huafon Chemical Co., Ltd. (7.75%), less than Guangzhou Tinci Materials Technology Co., Ltd. (3.96%), less than Sinoma Science & Technology Co.,Ltd. (5.63%),

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