Satellite Chemical Co Ltd
SZSE:002648

Watchlist Manager
Satellite Chemical Co Ltd Logo
Satellite Chemical Co Ltd
SZSE:002648
Watchlist
Price: 18.38 CNY 3.49% Market Closed
Market Cap: 61.9B CNY
Have any thoughts about
Satellite Chemical Co Ltd?
Write Note

Gross Margin
Satellite Chemical Co Ltd

21.9%
Current
22%
Average
23.7%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
21.9%
=
Gross Profit
9.4B
/
Revenue
42.9B

Gross Margin Across Competitors

Country CN
Market Cap 61.9B CNY
Gross Margin
22%
Country SA
Market Cap 228.3B SAR
Gross Margin
18%
Country ID
Market Cap 43.8B USD
Gross Margin
3%
Country ID
Market Cap 633.7T IDR
Gross Margin
3%
Country US
Market Cap 27.8B USD
Gross Margin
11%
Country UK
Market Cap 23.9B USD
Gross Margin
12%
Country CN
Market Cap 109B CNY
Gross Margin
7%
Country US
Market Cap 14.7B USD
Gross Margin
15%
Country KR
Market Cap 19.8T KRW
Gross Margin
16%
Country CN
Market Cap 88.3B CNY
Gross Margin
4%
Country IN
Market Cap 921.1B INR
Gross Margin
49%
No Stocks Found

Satellite Chemical Co Ltd
Glance View

Market Cap
61.9B 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
41.76 CNY
Undervaluation 56%
Intrinsic Value
Price

See Also

Discover More
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
21.9%
=
Gross Profit
9.4B
/
Revenue
42.9B
What is the Gross Margin of Satellite Chemical Co Ltd?

Based on Satellite Chemical Co Ltd's most recent financial statements, the company has Gross Margin of 21.9%.