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Satellite Chemical Co (SZSE:002648) Profitability Rank : 8 (As of Mar. 2024)


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What is Satellite Chemical Co Profitability Rank?

Satellite Chemical Co has the Profitability Rank of 8. It has a higher profitability and may stay that way.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

Satellite Chemical Co's Operating Margin % for the quarter that ended in Mar. 2024 was 16.90%. As of today, Satellite Chemical Co's Piotroski F-Score is 6.


Competitive Comparison of Satellite Chemical Co's Profitability Rank

For the Specialty Chemicals subindustry, Satellite Chemical Co's Profitability Rank, along with its competitors' market caps and Profitability Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Satellite Chemical Co's Profitability Rank Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Satellite Chemical Co's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Satellite Chemical Co's Profitability Rank falls into.



Satellite Chemical Co Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Satellite Chemical Co has the Profitability Rank of 8. It has a higher profitability and may stay that way.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Satellite Chemical Co's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=1488.172 / 8804.715
=16.90 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

2. Piotroski F-Score

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

Satellite Chemical Co has an F-score of 6 indicating the company's financial situation is typical for a stable company.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

Good Sign:

Satellite Chemical Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

4. Consistency of the profitability

5. Predictability Rank


Satellite Chemical Co Profitability Rank Related Terms

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Satellite Chemical Co (SZSE:002648) Business Description

Traded in Other Exchanges
N/A
Address
Bujiao Road, Jia’xing Industrial Park, Zhejiang, CHN, 314050
Satellite Chemical Co Ltd formerly Zhejiang Satellite Petrochemical Co Ltd is a China-based acrylic acid manufacturer. It is involved in integrating research and development, production, sales and logistics of propylene, polypropylene, acrylic acid, high purity acrylic acid to an acrylic ester, polymer emulsion and high absorbent resin.

Satellite Chemical Co (SZSE:002648) Headlines

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