Zhejiang Satellite Petrochemical Co Ltd (002648) - Total Assets

Latest as of September 2025: CN¥69.72 Billion CNY ≈ $10.20 Billion USD

Based on the latest financial reports, Zhejiang Satellite Petrochemical Co Ltd (002648) holds total assets worth CN¥69.72 Billion CNY (≈ $10.20 Billion USD) 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. Check Zhejiang Satellite Petrochemical Co Ltd (002648) asset resilience to evaluate the company's liquid asset resilience ratio.

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. For live market cap, price, and company overview, see Zhejiang Satellite Petrochemical Co Ltd market capitalisation.

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. See Zhejiang Satellite Petrochemical Co Ltd (002648) shareholders funds for net asset value and shareholders' equity analysis.

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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
AKZO NOBEL SPONS.ADRS 1/3 F:AKUP	Germany	€13.95 Billion
Peric Special Gases Co. Ltd. A SHG:688146	China	CN¥6.57 Billion
Akzo Nobel NV AS:AKZA	Netherlands	€13.95 Billion
Jiangsu Nata Opto Electr Material SHE:300346	China	CN¥6.27 Billion
Jiangsu Pacific Quartz Co Ltd SHG:603688	China	CN¥6.11 Billion
Qingdao Gon Technology Co Ltd SHE:002768	China	CN¥19.79 Billion
Shandong Head Co Ltd SHE:002810	China	CN¥4.07 Billion
Boai NKY Pharmaceuticals Ltd SHE:300109	China	CN¥4.24 Billion

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	0.21
Asset Growth Rate (YoY)	5.8%
Total Assets	CN¥68.31 Billion
Market Capitalization	$14.59 Billion USD

Valuation Analysis

Below Book Valuation: The market values Zhejiang Satellite Petrochemical Co Ltd's assets below their book value (0.21x), 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 ≈ $10.00 Billion	+5.77%
2023-12-31	CN¥64.58 Billion ≈ $9.45 Billion	+14.54%
2022-12-31	CN¥56.39 Billion ≈ $8.25 Billion	+15.80%
2021-12-31	CN¥48.69 Billion ≈ $7.13 Billion	+50.56%
2020-12-31	CN¥32.34 Billion ≈ $4.73 Billion	+80.41%
2019-12-31	CN¥17.93 Billion ≈ $2.62 Billion	+30.48%
2018-12-31	CN¥13.74 Billion ≈ $2.01 Billion	+34.91%
2017-12-31	CN¥10.18 Billion ≈ $1.49 Billion	+36.62%
2016-12-31	CN¥7.45 Billion ≈ $1.09 Billion	+5.01%
2015-12-31	CN¥7.10 Billion ≈ $1.04 Billion	-6.78%
2014-12-31	CN¥7.61 Billion ≈ $1.11 Billion	+21.39%
2013-12-31	CN¥6.27 Billion ≈ $917.87 Million	+68.54%
2012-12-31	CN¥3.72 Billion ≈ $544.59 Million	-8.21%
2011-12-31	CN¥4.05 Billion ≈ $593.33 Million	+241.14%
2010-12-31	CN¥1.19 Billion ≈ $173.92 Million	+82.13%
2009-12-31	CN¥652.60 Million ≈ $95.50 Million	+27.62%
2008-12-31	CN¥511.35 Million ≈ $74.83 Million	--

About Zhejiang Satellite Petrochemical Co Ltd

SHE:002648 China Specialty Chemicals

Market Cap

$14.59 Billion

CN¥99.71 Billion CNY

Market Cap Rank

#1652 Global

#176 in China

Share Price

CN¥29.60

Change (1 day)

+1.27%

52-Week Range

CN¥15.98 - CN¥30.29

All Time High

CN¥64.84