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Satellite Chemical Co Ltd
SZSE:002648

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Satellite Chemical Co Ltd
SZSE:002648
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Price: 29.6 CNY 1.27%
Market Cap: ¥99.7B

P/E

17
Current
41%
More Expensive
vs 3-y average of 12

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
17
=
Market Cap
¥93.7B
/
Net Income
¥5.9B

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
17
=
Market Cap
¥93.7B
/
Net Income
¥5.9B

Valuation Scenarios

Satellite Chemical Co Ltd is trading above its 3-year average

If P/E returns to its 3-Year Average (12), the stock would be worth ¥21 (29% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-31%
Maximum Upside
+153%
Average Upside
42%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple 17 ¥29.6
0%
3-Year Average 12 ¥21
-29%
5-Year Average 11.7 ¥20.38
-31%
Industry Average 42.9 ¥74.81
+153%
Country Average 29.6 ¥51.71
+75%

Forward P/E
Today’s price vs future net income

Today's Market Cap Net Income Forward P/E
¥93.7B
/
Apr 2026
¥5.9B
=
17
Current
¥93.7B
/
Dec 2026
¥7.8B
=
12
Forward
¥93.7B
/
Dec 2027
¥8.8B
=
10.7
Forward
¥93.7B
/
Dec 2028
¥9.7B
=
9.7
Forward

Forward P/E shows whether today’s P/E still looks high or low once future net income are taken into account.

Market Distribution

Lower than 70% of companies in China
Percentile
30th
Based on 5 557 companies
30th percentile
17
Low
0 — 17.1
Typical Range
17.1 — 57.7
High
57.7 —
Distribution Statistics
China
Min 0
30th Percentile 17.1
Median 29.6
70th Percentile 57.7
Max 43 569.3

Satellite Chemical Co Ltd
Glance View

Market Cap
99.7B CNY
Industry
Chemicals

Satellite Chemical Co., Ltd., often a subtle giant in the realm of petrochemicals, traces its roots to the bustling industrial spirit of China. Nestled in the economically vibrant Zhejiang province, the company has etched its position as a stalwart in the production of acrylic acid and related products. Its operations revolve around converting propylene, a derivative of crude oil and natural gas, into valuable chemical commodities like acrylic acid, acrylate esters, and superabsorbent polymers. These compounds serve a wide array of industries, including textiles, adhesives, and hygiene products, showcasing Satellite Chemical's integral role in the daily lives of people by providing essential raw materials to manufacturers globally. Satellite Chemical extends its influence beyond merely producing chemicals; it has built a comprehensive business model that capitalizes on vertical integration. By operating across the entire value chain—from sourcing raw materials to manufacturing sophisticated chemical products—it optimizes cost efficiency and quality control, enabling it to maintain competitive pricing in the global market. Through its methodical expansion in product lines and strategic collaborations with key industry players, the company harnesses innovation to drive growth. This blend of efficient operations, a wide product portfolio, and strategic market positioning underpins its profitability, illustrating how Satellite Chemical monetizes its vast industrial capabilities while anchoring its legacy in the dynamic petrochemical landscape.

Intrinsic Value
32.87 CNY
Undervaluation 10%
Intrinsic Value
Price ¥29.6
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