---
title: "Satellite Chemical Co.,Ltd. (002648.SZ)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/002648.SZ.md"
symbol: "002648.SZ"
name: "Satellite Chemical Co.,Ltd."
industry: "Commodity Chemicals"
datetime: "2026-05-19T09:48:13.489Z"
locales:
  - [en](https://longbridge.com/en/quote/002648.SZ.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/002648.SZ.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/002648.SZ.md)
---

# Satellite Chemical Co.,Ltd. (002648.SZ)

## Company Overview

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.

| Item | Detail |
|------|--------|
| Industry | Commodity Chemicals |
| Exchange | CN Market |
| Website | [www.stl-chem.com](https://www.stl-chem.com) |

## Key Drivers
> *AI-analyzed key factors driving this stock's performance*


## Longbridge Financial Score™: C
> *Longbridge Financial Score™ — Proprietary multi-factor rating model by Longbridge*
> Updated: 2026-05-19T04:30:08.000Z

**Overall: C (0.46)**

**Industry**: Commodity Chemicals

| Metric | Value |
|--------|-------|
| Industry Ranking | 87 / 273 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Value - Stocks where the company's main business is in a mature stage.
- **Scale**: Large - The company has stable operations, allowing for dependable long-term returns.

**Multi Score**: C

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | -5.61% |  |
| Net Profit YoY | -11.46% |  |
| P/B Ratio | 2.64 |  |
| Dividend Ratio | 1.79% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 93457961250.08 |  |
| Revenue | 46371487190.95 |  |

#### Multi Score Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 17.42% | A |
| Profit Margin | 12.62% | B |
| Gross Margin | 24.34% | C |
| Revenue YoY | -5.61% | D |
| Net Profit YoY | -11.46% | D |
| Total Assets YoY | 8.72% | B |
| Net Assets YoY | 11.41% | B |
| Cash Flow Margin | 174.41% | B |
| OCF YoY | -5.61% | D |
| Turnover | 0.65 | B |
| Gearing Ratio | 52.48% | C |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Satellite Chemical Co.,Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "-5.61%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "-11.46%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "2.64",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "1.79%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "93457961250.08",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "46371487190.95",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "17.42%",
          "rating": "A"
        },
        {
          "name": "Profit Margin",
          "value": "12.62%",
          "rating": "B"
        },
        {
          "name": "Gross Margin",
          "value": "24.34%",
          "rating": "C"
        },
        {
          "name": "Revenue YoY",
          "value": "-5.61%",
          "rating": "D"
        },
        {
          "name": "Net Profit YoY",
          "value": "-11.46%",
          "rating": "D"
        },
        {
          "name": "Total Assets YoY",
          "value": "8.72%",
          "rating": "B"
        },
        {
          "name": "Net Assets YoY",
          "value": "11.41%",
          "rating": "B"
        },
        {
          "name": "Cash Flow Margin",
          "value": "174.41%",
          "rating": "B"
        },
        {
          "name": "OCF YoY",
          "value": "-5.61%",
          "rating": "D"
        },
        {
          "name": "Turnover",
          "value": "0.65",
          "rating": "B"
        },
        {
          "name": "Gearing Ratio",
          "value": "52.48%",
          "rating": "C"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 15.97 | 9/273 | 13.56 | 9.71 | 9.12 |
| PB | 2.64 | 120/273 | 2.55 | 2.04 | 1.83 |
| PS (TTM) | 2.02 | 100/273 | 1.73 | 1.30 | 1.19 |
| Dividend Yield | 1.79% | 38/273 | 2.86% | 2.61% | 1.94% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | Sanmei (603379.SH) | A | A | B | A | B | A |
| 02 | Grace (603256.SH) | A | A | C | B | B | B |
| 03 | TINCI (002709.SZ) | B | A | B | B | B | B |
| 04 | SINOMATECH (002080.SZ) | B | B | C | D | B | B |
| 05 | ZJJH (600160.SH) | B | B | B | B | B | B |

## Institutional View

### Analyst Rating Distribution

> As of 2026-04-27T16:00:00.000Z

Total Analysts: **6**

| Rating | Count | Percentage |
|--------|-------|-----------| 
| Buy | 5 | 83% |
| Overweight | 1 | 17% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 26.41 |
| Highest Target | 40.48 |
| Lowest Target | 35.70 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/002648.SZ/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/002648.SZ/norm.md)
- [Related News](https://longbridge.com/en/quote/002648.SZ/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/002648.SZ/filings.md)

---

> **Disclaimer: This article is for reference only and does not constitute any investment advice.**