Company Deep Dive
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002648.SZ
STRONG BUYAPPROVESatellite Chemical Co.,Ltd. · Basic Materials · China · $12.3B · Avg Vol: $283M/d
Satellite Chemical operates ethane-based crackers in China, a feedstock route that is structurally lower cost than naphtha and benefits from cheap US ethane supply, and forward-EPS consensus has been revised up 11.0% over roughly four weeks with strong momentum. Nothing adverse is known on accounting or solvency. The cost-advantaged feedstock position plus a rising consensus is the supportive evidence.
COMPANY DESCRIPTION
Satellite Chemical is a leading Chinese petrochemical manufacturer and the nation's largest producer of acrylic acid and acrylates. The company has established a significant cost advantage by pioneering the use of low-cost ethane imports for its mega-scale ethylene and propylene production facilities. It is a highly integrated player, supplying essential raw materials for superabsorbent polymers, coatings, and advanced materials.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5.5B | 6.1B | 6.7B | 6.8B | 7.5% | 6.8B | 8.1B | 8.6B | 12.3% |
| EPS | 0.14 | 0.21 | 0.27 | 0.23 | 19.8% | 0.26 | 0.40 | 0.39 | 29.7% |
| Shares | 3.4B | 3.4B | 3.4B | 3.4B | -0.0% | 3.4B | — | — | — |
| Debt | 4.2B | 4.5B | 4.1B | 3.4B | -6.7% | 4.0B | — | — | — |
| Equity | 3.3B | 3.8B | 4.5B | 4.9B | 14.8% | — | — | — | — |
| Op CF | 867.3M | 1.2B | 1.6B | 1.4B | 17.7% | 1.5B | — | — | — |
| Inv CF | -610.8M | -301.0M | -433.6M | -596.8M | — | — | — | — | — |
| Fin CF | -971.8M | -747.0M | -795.4M | -1.4B | — | — | — | — | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of 002648.SZ are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 002648.SZ | Satellite Chemical Co.,Ltd.(you) | $12.3B | 97 | STRONG BUY |
| 002064.SZ | Huafon Chemical Co.,Ltd | $7.6B | 79 | BUY |
| 000703.SZ | Hengyi Petrochemical Co., Ltd. | $9.4B | 74 | BUY |
| 600352.SS | Zhejiang Longsheng Group Co.,Ltd | $6.1B | 82 | STRONG BUY |
| 002709.SZ | Guangzhou Tinci Materials Technology Co., Ltd. | $15.0B | 65 | HOLD |
| 600873.SS | MeiHua Holdings Group Co.,Ltd | $3.0B | 86 | STRONG BUY |
| 002440.SZ | Zhejiang Runtu Co., Ltd. | $1.8B | 94 | STRONG BUY |
| 600985.SS | Huaibei Mining Holdings Co.,Ltd. | $5.8B | 66 | BUY |
| 300054.SZ | Hubei Dinglong CO.,Ltd. | $13.3B | 52 | HOLD |
| 300037.SZ | Shenzhen Capchem Technology Co., Ltd. | $9.3B | 54 | HOLD |
Peer medians: ROE 5.8% · P/E 32.1x · Gross margin 17.5%