Zhejiang Satellite Petrochemical Co Ltd
Satellite Chemical Co.,Ltd., a low-carbon chemical company, manufactures and sells functional chemicals, new polymer materials, and new energy materials in China and internationally. The company offers propane, ethylene oxide and glycol, high-density polyethylene, and polycarboxylic monomer. It also provides acryclic acid monomer, polymer emulsions and resins, superabsorbent polymers, polypropyle… Read more
Zhejiang Satellite Petrochemical Co Ltd (002648) - Total Assets
Latest total assets as of September 2025: CN¥69.72 Billion CNY
Based on the latest financial reports, Zhejiang Satellite Petrochemical Co Ltd (002648) holds total assets worth CN¥69.72 Billion CNY as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Zhejiang Satellite Petrochemical Co Ltd - Total Assets Trend (2008–2024)
This chart illustrates how Zhejiang Satellite Petrochemical Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Zhejiang Satellite Petrochemical Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Zhejiang Satellite Petrochemical Co Ltd's total assets of CN¥69.72 Billion consist of 22.7% current assets and 77.3% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 12.5% |
| Accounts Receivable | CN¥1.85 Billion | 2.7% |
| Inventory | CN¥4.40 Billion | 6.4% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥2.33 Billion | 3.4% |
| Goodwill | CN¥44.40 Million | 0.1% |
Asset Composition Trend (2008–2024)
This chart illustrates how Zhejiang Satellite Petrochemical Co Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Zhejiang Satellite Petrochemical Co Ltd's current assets represent 22.7% of total assets in 2024, a decrease from 42.6% in 2008.
- Cash Position: Cash and equivalents constituted 12.5% of total assets in 2024, up from 9.6% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, a decrease from 4.0% in 2008.
- Asset Diversification: The largest asset category is inventory at 6.4% of total assets.
Zhejiang Satellite Petrochemical Co Ltd Competitors by Total Assets
Key competitors of Zhejiang Satellite Petrochemical Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Samhwa Paint
KO:000390
|
Korea | ₩617.09 Billion |
|
DL Holdings CO. LTD.
KO:000210
|
Korea | ₩12.05 Trillion |
|
Norooholdings
KO:000320
|
Korea | ₩1.26 Trillion |
|
Noroo Holdings Co Ltd
KO:000325
|
Korea | ₩1.26 Trillion |
|
Chongqing Sanxia Paints Co Ltd
SHE:000565
|
China | CN¥1.65 Billion |
|
Hengyi Petrochemical Co Ltd
SHE:000703
|
China | CN¥111.51 Billion |
|
Guangdong Xinhui Meida Nylon Co Ltd
SHE:000782
|
China | CN¥3.04 Billion |
|
Luxi Chemical Group Co Ltd
SHE:000830
|
China | CN¥35.95 Billion |
Zhejiang Satellite Petrochemical Co Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Zhejiang Satellite Petrochemical Co Ltd generates 0.67x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Zhejiang Satellite Petrochemical Co Ltd generates $8.89 in net profit.
Zhejiang Satellite Petrochemical Co Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.81 | 0.98 | 1.21 |
| Quick Ratio | 0.57 | 0.66 | 1.07 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-3.51 Billion | CN¥ -252.72 Million | CN¥ 1.89 Billion |
Zhejiang Satellite Petrochemical Co Ltd - Advanced Valuation Insights
This section examines the relationship between Zhejiang Satellite Petrochemical Co Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 3.06 |
| Latest Market Cap to Assets Ratio | 0.09 |
| Asset Growth Rate (YoY) | 5.8% |
| Total Assets | CN¥68.31 Billion |
| Market Capitalization | $6.10 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Satellite Petrochemical Co Ltd's assets below their book value (0.09 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Zhejiang Satellite Petrochemical Co Ltd's assets grew by 5.8% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Zhejiang Satellite Petrochemical Co Ltd (2008–2024)
The table below shows the annual total assets of Zhejiang Satellite Petrochemical Co Ltd from 2008 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥68.31 Billion | +5.77% |
| 2023-12-31 | CN¥64.58 Billion | +14.54% |
| 2022-12-31 | CN¥56.39 Billion | +15.80% |
| 2021-12-31 | CN¥48.69 Billion | +50.56% |
| 2020-12-31 | CN¥32.34 Billion | +80.41% |
| 2019-12-31 | CN¥17.93 Billion | +30.48% |
| 2018-12-31 | CN¥13.74 Billion | +34.91% |
| 2017-12-31 | CN¥10.18 Billion | +36.62% |
| 2016-12-31 | CN¥7.45 Billion | +5.01% |
| 2015-12-31 | CN¥7.10 Billion | -6.78% |
| 2014-12-31 | CN¥7.61 Billion | +21.39% |
| 2013-12-31 | CN¥6.27 Billion | +68.54% |
| 2012-12-31 | CN¥3.72 Billion | -8.21% |
| 2011-12-31 | CN¥4.05 Billion | +241.14% |
| 2010-12-31 | CN¥1.19 Billion | +82.13% |
| 2009-12-31 | CN¥652.60 Million | +27.62% |
| 2008-12-31 | CN¥511.35 Million | -- |