002648.SHE Zhejiang Satellite Petrochemical Co Ltd
- Market cap
- CNY 85.0B
- P/E
- 8.0x
- P/B
- 2.08x
- ROE
- 29.6%
- Dividend yield
- 1.97%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002648.SHE undervalued?
Graham number002648.SHE trades 13.9% below its Graham number.
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
Zhejiang Satellite Petrochemical Co Ltd fundamental analysis
No fundamental analysis for Zhejiang Satellite Petrochemical Co Ltd yet.
Zhejiang Satellite Petrochemical Co Ltd stock price
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About Zhejiang Satellite Petrochemical Co Ltd
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 us…
Full company profileZhejiang Satellite Petrochemical Co Ltd financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Sep 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Zhejiang Satellite Petrochemical Co Ltd annual financial statements (CNY; K = thousand, M = million, B = billion, T = trillion)
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 5.35B | 8.19B | 10.0B | 10.8B | 10.8B | 28.6B | 37.0B | 41.5B | 45.6B | 46.0B | 61.9B |
| Gross Profit | 1.18B | 2.01B | 2.07B | 2.81B | 3.09B | 9.04B | 6.12B | 8.22B | 10.7B | 9.79B | 17.3B |
| Operating Income | 531M | 1.04B | 1.05B | 1.45B | 1.91B | 6.98B | 3.45B | 5.38B | 7.03B | 7.92B | 14.5B |
| EBITDA | 933M | 1.65B | 1.52B | 2.24B | 2.65B | 8.35B | 5.62B | 8.20B | 10.8B | 13.0B | 14.9B |
| Net Income | 312M | 942M | 941M | 1.27B | 1.66B | 6.01B | 3.10B | 4.79B | 6.07B | 5.31B | 12.1B |
| EPS | 0.14 | 0.38 | 0.32 | 0.43 | 0.55 | 1.78 | 0.92 | 1.42 | 1.80 | 1.58 | 3.59 |
| Balance Sheet | |||||||||||
| Total Assets | 7.45B | 10.2B | 13.7B | 17.9B | 33.6B | 48.7B | 59.8B | 64.6B | 68.3B | 69.6B | 81.8B |
| Total Liabilities | 4.07B | 2.97B | 5.69B | 8.67B | 20.0B | 29.3B | 37.6B | 39.1B | 38.0B | 36.0B | 41.0B |
| Shareholders' Equity | 3.38B | 7.20B | 8.04B | 9.24B | 13.6B | 19.4B | 22.2B | 25.5B | 30.3B | 33.6B | 40.8B |
| Cash & Short-term Investments | 753M | 2.70B | 3.53B | 3.33B | 7.28B | 9.70B | 5.58B | 6.44B | 8.66B | 7.80B | 14.2B |
| Total Debt | 1.84B | 1.72B | 3.60B | 5.81B | 12.8B | 21.6B | 27.4B | 28.0B | 23.6B | 25.3B | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 742M | 566M | 752M | 1.35B | -520M | 3.67B | 5.89B | 8.00B | 10.6B | 10.1B | - |
| Capital Expenditure | 302M | 528M | 1.17B | 2.56B | 5.28B | 4.06B | 2.49B | 2.41B | 3.14B | 2.66B | 1.42B |
| Free Cash Flow | 440M | 38.5M | -415M | -1.20B | -5.80B | -395M | 3.44B | 5.59B | 7.45B | 7.47B | 16.6B |
| Ratios | |||||||||||
| ROE | 9.2% | 13.1% | 11.7% | 13.8% | 12.2% | 31.0% | 14.0% | 18.8% | 20.0% | 15.8% | 29.6% |
| ROA | 4.2% | 9.3% | 6.8% | 7.1% | 4.9% | 12.3% | 5.2% | 7.4% | 8.9% | 7.6% | 14.8% |
| Net Profit Margin | 5.8% | 11.5% | 9.4% | 11.8% | 15.4% | 21.0% | 8.4% | 11.5% | 13.3% | 11.6% | 19.5% |
| Debt to Equity | 0.54x | 0.24x | 0.45x | 0.63x | 0.94x | 1.11x | 1.23x | 1.10x | 0.78x | 0.75x | - |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Total Debt
- Short and long-term borrowings.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
- Debt to Equity
- Total debt divided by shareholders' equity.
Zhejiang Satellite Petrochemical Co Ltd dividends
- Dividend yield
- 1.97%
- Forward dividend
- 0.50 CNY
- Payout ratio
- 31.6%
- Ex-dividend date
- Jun 12, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 1.68B | 0.50 | 31.6% |
| 2024 | CNY 1.76B | 0.52 | 29.0% |
| 2023 | CNY 547M | 0.16 | 11.4% |
| 2022 | CNY 2.25B | 0.67 | 72.8% |
| 2021 | CNY 974M | 0.29 | 16.2% |
| 2020 | CNY 192M | 0.06 | 11.5% |
| 2019 | CNY 301M | 0.10 | 23.7% |
| 2018 | CNY 201M | 0.07 | 21.4% |
| 2017 | CNY 193M | 0.08 | 20.5% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 1.4:1 on Oct 13, 2022.
Who owns Zhejiang Satellite Petrochemical Co Ltd
- Insiders 52.32%
- Institutions 10.13%
- Public & others 37.56%
- Shares outstanding 3.37B
- Free float 1.66B
Zhejiang Satellite Petrochemical Co Ltd company profile
- Company name
- Zhejiang Satellite Petrochemical Co Ltd
- Ticker
- 002648.SHE
- ISIN
- CNE100001B07
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Dec 28, 2011
- Sector
- Basic Materials
- Industry
- Chemicals
- Employees
- 4,811
- Fiscal year end
- December
- Address
- No. 196 Fuqiang Road, Jiaxing, China
- Phone
- 86 573 8221 8888
- Website
- stl-chem.com
About Zhejiang Satellite Petrochemical Co Ltd
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. in October 2021. Satellite Chemical Co.,Ltd. was founded in 1992 and is based in Jiaxing, China.
Zhejiang Satellite Petrochemical Co Ltd management
8- Mr. Wei Dong YangPresident & Chairman · born 1968
- Ms. Yu Ying YangVice Chairman of the Board of Directors · born 1961
- Ms. Li ZhangVP & CFO · born 1972
- Mr. Jun GaoVP & Non-Independent Director · born 1969
- Mr. Xiao Dong ZhuVP & Director · born 1965
- Mr. Xiao Wei ShenVP & Board Secretary · born 1982
- Mr. Tujun MaVice President · born 1984
- Yun Yu ChenChief Accountant