Satellite Chemical Co.,Ltd.
002648
Rank in Stocks
#1728
Satellite Chemical Co.,Ltd., a low-carbon chemical company, research,... 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.
Share Price
$3.68
Market Cap
$12.40B
Change (1 day)
2.05%
Change (1 year)
47.93%
Country
CN
Trade Satellite Chemical Co.,Ltd. (002648)
Category
Basic Materials
Operating Margin for Satellite Chemical Co.,Ltd. (002648)
Operating Margin as of October 2026 TTM: 21.21%
According to Satellite Chemical Co.,Ltd. latest financial reports and stock price the company's current Operating Margin (TTM) is 21.21%. At the end of 2023 the company had an Operating Margin of 12.96%.
Operating Margin history for Satellite Chemical Co.,Ltd. from 2008 to 2026
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2026 (TTM) | 21.21% | 37.64% |
| 2024 | 15.41% | 18.90% |
| 2023 | 12.96% | 39.21% |
| 2022 | 9.31% | -61.89% |
| 2021 | 24.43% | 37.56% |
| 2020 | 17.76% | 32.34% |
| 2019 | 13.42% | 28.18% |
| 2018 | 10.47% | -17.82% |
| 2017 | 12.74% | 121.57% |
| 2016 | 5.75% | -155.18% |
| 2015 | -10.42% | -1,111.65% |
| 2014 | 1.03% | -94.03% |
| 2013 | 17.25% | 14.39% |
| 2012 | 15.08% | -31.08% |
| 2011 | 21.88% | 8.96% |
| 2010 | 20.08% | 69.74% |
| 2009 | 11.83% | 98.16% |
| 2008 | 5.97% | 0.00% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin Difference | Country |
|---|---|---|---|
| 27.10% | -98.72% |
GB
|
|
| 0.00% | - |
FR
|
|
| 16.36% | -99.23% |
US
|
|
| 17.37% | -99.18% |
US
|
|
| -4.71% | -100.22% |
US
|
What is a company's Operating Margin?
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.