Is 002648.SZ overvalued or undervalued?

002648.SZ currently has a P/E ratio of 10.64. Relative to the sector average of 26.10, this suggests the stock may be undervalued. A higher P/E than peers means investors are paying more for each unit of earnings, often because they expect faster future growth. However, if that growth does not materialize, the stock can appear overvalued. A lower P/E may indicate weaker growth expectations or higher risk, but it can also signal a potential valuation discount.

How can I buy Satellite Chemical Co.,Ltd. stock?

Satellite Chemical Co.,Ltd. trades on SHZ. Investors in Latin America can buy it through international and regional brokerage and investment platforms. You simply need a valid government ID or passport to get started.

Can I buy fractional shares of 002648.SZ?

Yes. Through fractional investing, you can invest exactly the amount you want, starting with as little as $1 or $5 USD (depending on what investment platform you use), and own a proportional piece of the company.

Does buying 002648.SZ protect my money against local inflation?

Many investors in Latin America buy international stocks like 002648.SZ to protect their purchasing power. Because 002648.SZ is priced in foreign currency, your investment is tied to a hard currency. If your local currency devalues against the foreign currency, usually USD or Euro, the underlying value of your stock portfolio remains protected from local inflation.

Do I need a foreign bank account or a Visa to buy 002648.SZ shares?

No. A common misconception is that you need a foreign bank account or a foreign visa to invest in international stocks. Today, modern investment platforms allow you to fund your account using local bank transfers or local payment methods right from your home country.

Is 002648.SZ a suitable investment for my portfolio?

There is no universal answer, since fit depends on your situation, not just the stock. Think about three things: how well 002648.SZ diversifies what you already own, whether you can stomach its price swings given your risk tolerance, and how long you plan to stay invested. As a rule, a single stock works best as one piece of a broader asset allocation and with a multi-year time horizon. This is general information, not personalized financial advice.

All stocks002648.SZ

Satellite Chemical Co.,Ltd.

¥27.77+¥0.41+1.50%

SHZ / CNY

Market cap

¥93.5B

P/E

10.6

EPS (TTM)

¥0.37

Dividend yield

1.80%

Beta

0.50

1Y return

+40.61%

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Financials

The numbers behind the company

Revenue vs net income

RevenueNet income

$4.5B2021

$5.4B2022

$5.8B2023

$6.3B2024

$6.6B2025

Financial health

Gross margin

Operating margin

ROE

ROA

Debt to equity0.70Low
Current ratio1.05
Cash ratio0.58
Net margin16.5%
Free cash flow—

Valuation

Is it expensive right now

P/E vs the market

scale 0–50

0153050

002648.SZ10.6
Basic Materials sector median26.1
S&P 50022.0

Trades about 59% below its sector, cheaper than its peers on earnings.

Ratios

PEG0.36
Price to book2.45
EPS (TTM)¥0.37
Payout ratio2,091%
FCF yield12.57%

Range & risk

¥16.20¥30.36

Trading in the upper third of its 52-week band

Beta0.50

Profile

What Satellite Chemical Co.,Ltd. actually does

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.

CEO

Wei Dong Yang

Employees

4,811

Headquarters

Jiaxing, ZJ

Founded

2011-12-28

Company website

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Community sentiment

Bullish—

Distribution

Bearish0%
Neutral0%
Bullish0%

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Q&A

Questions people ask

002648.SZ has a beta of 0.50, which indicates how sensitive it has historically been to movements in its broader market. A beta below 1 indicates lower relative volatility than the market. Beta is based on historical data and does not predict future performance.

Satellite Chemical Co.,Ltd.