Zhejiang Satellite (China) Today
| 002648 Stock | 17.89 0.15 0.85% |
Performance5 of 100
| Odds Of DistressLess than 1
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Zhejiang Satellite is trading at 17.89 as of the 28th of November 2024, a 0.85 percent increase since the beginning of the trading day. The stock's open price was 17.74. Zhejiang Satellite has a very small chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Zhejiang Satellite Petrochemical are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain Materials | IPO Date 28th of December 2011 | Category Basic Materials |
Zhejiang Satellite is entity of China. It is traded as Stock on SHE exchange. The company has 3.37 B outstanding shares. More on Zhejiang Satellite Petrochemical
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Zhejiang Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Zhejiang Satellite's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Zhejiang Satellite or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President Chairman | Wei Yang | ||||
| Business Concentration | Commodity Chemicals, Specialty Chemicals, Basic Materials, Materials, Chemicals, Specialty Chemicals, Basic Materials (View all Sectors) | ||||
Zhejiang Satellite's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Zhejiang Satellite's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Debt LevelsZhejiang Satellite can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Zhejiang Satellite's financial leverage. It provides some insight into what part of Zhejiang Satellite's total assets is financed by creditors.
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Zhejiang Satellite Petrochemical (002648) is traded on Shenzhen Stock Exchange in China and employs 4,688 people. Zhejiang Satellite is listed under Commodity Chemicals category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 64.31 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Zhejiang Satellite's market, we take the total number of its shares issued and multiply it by Zhejiang Satellite's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Zhejiang Satellite operates under Chemicals sector and is part of Materials industry. The entity has 3.37 B outstanding shares.
Zhejiang Satellite generates positive cash flow from operations, but has no cash available
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Ownership AllocationZhejiang Satellite Petrochemical retains a total of 3.37 Billion outstanding shares. Zhejiang Satellite owns significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company shows, if the real value of the company is less than the current market value, you may not be able to make money on it.
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Zhejiang Satellite Risk Profiles
Although Zhejiang Satellite's alpha and beta are two of the key measurements used to evaluate Zhejiang Satellite's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.81 | |||
| Semi Deviation | 1.95 | |||
| Standard Deviation | 2.43 | |||
| Variance | 5.89 |
Zhejiang Stock Against Markets
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Zhejiang Satellite Corporate Management
Elected by the shareholders, the Zhejiang Satellite's board of directors comprises two types of representatives: Zhejiang Satellite inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Zhejiang. The board's role is to monitor Zhejiang Satellite's management team and ensure that shareholders' interests are well served. Zhejiang Satellite's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Zhejiang Satellite's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Feng Jin | Deputy Mang | Profile | |
| Xiao Zhu | VP Director | Profile | |
| Xiao Chen | VP Directors | Profile | |
| Yun Chen | Chief Accountant | Profile | |
| Yong Cai | Deputy Mang | Profile | |
| Li Jun | Financial Manager | Profile |
Other Information on Investing in Zhejiang Stock
Zhejiang Satellite financial ratios help investors to determine whether Zhejiang Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Zhejiang with respect to the benefits of owning Zhejiang Satellite security.