SATELLITE CHEMICAL (002648) Stock Price, Fundamentals & Analysis

What 002648 does

Satellite Chemical Co., Ltd. (002648) is a low-carbon chemical company that researches, develops, produces, sells, and services new electronic chemicals and functional materials in China and internationally. The company offers ethylene oxide, high density polyethylene, ethylene glycol, and polycarboxylic monomer products, as well as 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. It is listed on the Shenzhen Stock Exchange and is part of the Shenzhen Stock Exchange stocks directory.

Key numbers explained

• 26.64 CNY is the current price per share, representing the cost to buy one unit of the company on the market.
• 10.2 is the trailing P/E ratio, which divides the current share price by the last 12 months of earnings per share; it shows how much investors pay for each unit of recent earnings.
• 8.5 is the forward P/E ratio, based on expected future earnings; a lower forward P/E than trailing P/E can suggest analysts expect earnings to grow.
• 1.88% is the dividend yield, which tells you the annual dividend as a percentage of the share price; it reflects the cash return if the current dividend rate continues.
• 0.51 is the beta, a measure of the stock's volatility compared to the market; a beta below 1 suggests the stock tends to move less than the overall market.
• 38% is the price change over the last 52 weeks, showing the total return from one year ago to today.
• 62% is the year-over-year revenue growth, indicating how much the company's top line has expanded in the last 12 months.
• 25.4% is the return on equity, which measures how much profit the company generates for each unit of shareholder equity.

What to watch

• Satellite Chemical operates in the Specialty Chemicals industry, where demand is tied to broader industrial activity, technology adoption, and government policy on low-carbon materials.
• The company's exposure to sectors such as new energy vehicles, electronic chips, and aerospace means it can be sensitive to shifts in those industries.
• Investors often compare companies in the Basic Materials sector with peers such as Qinghai Salt Lake Potash (000792), Rongsheng Petro Chemical (002493), and LB Group (002601) to understand relative valuation and growth.
• The ex-dividend date of Jun 12, 2026 is the key date to note for anyone seeking the next dividend payment.
• The debt-to-equity ratio of 69.8% indicates the company uses a mix of debt and equity financing; changes in interest rates or credit conditions can affect this.