Satellite Chemical Co., Ltd. Overview
Satellite Chemical Co., Ltd., a technology company headquartered in Jiaxing, China, is a key player in the production of low-carbon new chemical materials. The company’s diverse product portfolio includes high-carbon alpha-olefin, polyolefin elastomer (POE), carbonates, SAP, acrylic acid and ester, polymer emulsion, and (poly) styrene. These products are primarily utilized in industries such as aerospace and new energy vehicles.
Recent Financial Performance
As of April 28, 2025, Satellite Chemical’s stock closed at 17.99 CNH on the Shenzhen Stock Exchange. The company’s market capitalization stands at 58.65 billion CNH. Over the past year, the stock has experienced fluctuations, reaching a 52-week high of 23.19 CNH on March 30, 2025, and a low of 14.65 CNH on September 8, 2024. The price-to-earnings ratio is currently 8.88, reflecting the company’s valuation relative to its earnings.
Industry and Market Position
Operating within the Materials sector, specifically in the Chemicals industry, Satellite Chemical has established itself as a significant supplier of innovative chemical materials. The company’s focus on low-carbon products aligns with global trends towards sustainability and environmental responsibility. Its products are essential in supporting the development of advanced technologies in aerospace and new energy vehicles, sectors that are critical to future economic growth and environmental sustainability.
Company Background
Satellite Chemical Co., Ltd. went public on the Shenzhen Stock Exchange on December 28, 2011. Since then, it has expanded its operations and product offerings, maintaining a strong presence in the chemical industry. The company’s commitment to innovation and sustainability continues to drive its growth and market relevance.
Conclusion
Satellite Chemical Co., Ltd. remains a key player in the chemical industry, with a strong focus on producing low-carbon materials that support critical sectors such as aerospace and new energy vehicles. Its financial performance and strategic market positioning underscore its role in advancing sustainable chemical solutions.