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
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.
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%.
Average
13.06%
Median
13.43%
Minimum
-13.94%
Maximum
31.02%
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%
Year | ROE | Change |
---|---|---|
2024 | 20.05% | 6.59% |
2023 | 18.81% | 28.29% |
2022 | 14.66% | -52.74% |
2021 | 31.02% | 154.57% |
2020 | 12.19% | -11.51% |
2019 | 13.77% | 17.70% |
2018 | 11.70% | -10.65% |
2017 | 13.09% | 41.92% |
2016 | 9.23% | -166.21% |
2015 | -13.94% | -1619.18% |
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.’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%),
Company | ROE | Market cap |
---|---|---|
8.11% | $38.92B | |
1.73% | $84.53B | |
7.75% | $33.08B | |
3.96% | $35.24B | |
5.63% | $38.41B |
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 ROE?
How can you use the ROE?
What is Satellite Chemical Co.,Ltd.'s ROE?
How is the ROE calculated for Satellite Chemical Co.,Ltd. (002648.SZ)?
What is the highest ROE for Satellite Chemical Co.,Ltd. (002648.SZ)?
What is the 3-year average ROE for Satellite Chemical Co.,Ltd. (002648.SZ)?
What is the 5-year average ROE for Satellite Chemical Co.,Ltd. (002648.SZ)?
How does the current ROE for Satellite Chemical Co.,Ltd. (002648.SZ) compare to its historical average?