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Satellite Chemical CoSZSE:002648 -0.37%90 ROA % is 21.57% as of Jun. 2026, which is 177% above its 10-year median of 7.78. GuruFocus rates SZSE:002648 with a GF Score™ of 90/100 and a GF Value™ of ¥22.44 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,618 Chemicals companies, Satellite Chemical Co ranks better than 91.04% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Satellite Chemical Co's annualizedNet Income for the quarter that ended in Jun. 2026 was ¥16,439 Mil.
Satellite Chemical Co's average Total Assets over the quarter that ended in Jun. 2026 was ¥76,194 Mil. Therefore, Satellite Chemical Co's annualized ROA % for the quarter that ended in Jun. 2026 was 21.57%.
The historical rank and industry rank for Satellite Chemical Co's ROA % or its related term are showing as below:
SZSE:002648'
s ROA % Range Over the Past 10 Years
Min: 4.26 Med: 7.78 Max: 14.59
Current: 12.18
During the past 13 years, Satellite Chemical Co's highest ROA % was 14.59%. The lowest was 4.26%. And the median was 7.78%.
SZSE:002648's ROA % is ranked better than 91.04% of 1618
companies
in the Chemicals industry
Industry Median: 3.31
vs SZSE:002648: 12.18
Satellite Chemical Co (SZSE:002648) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 2026) revenue data.
* 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
* 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.
For the Specialty Chemicals subindustry, Satellite Chemical Co's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Satellite Chemical Co's ROA % distribution charts can be found below:
* The bar in red indicates where Satellite Chemical Co's ROA % falls into.
* 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.
In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Jun. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Satellite Chemical Co (SZSE:002648) has a ROA % of 21.57% as of Jun. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Satellite Chemical Co and its competitors. This is 177% above median its historical median of 7.78. Over the past decade, Satellite Chemical Co's ROA % has ranged from 4.26 to 14.59. According to the industry distribution chart, Satellite Chemical Co ranks #145 out of 1618 companies in the Chemicals industry, placing it in the top 9%.
Is Satellite Chemical Co's ROA % too high?
Satellite Chemical Co's current ROA % of 21.57% is 177% above median its 10-year median of 7.78. Over the past 10 years, this metric has ranged from a low of 4.26 to a high of 14.59. The Chemicals industry median ROA % is 3.31. Satellite Chemical Co's value of 21.57% is 551.7% above this industry median. Based on the distribution chart, Satellite Chemical Co ranks #145 out of 1618 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Satellite Chemical Co has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Satellite Chemical Co's ROA % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Satellite Chemical Co ranks #145 out of 1618 companies for ROA %. This places Satellite Chemical Co in the top 9% of its industry — outperforming the majority of peers. The industry median ROA % is 3.31. Satellite Chemical Co's value of 21.57% is 551.7% above this benchmark. Historically, Satellite Chemical Co's own ROA % has ranged from 4.26 to 14.59 over the past decade. While the company's 10-year median is 7.78 vs. the industry median of 3.31, Satellite Chemical Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Chemicals company?
The median ROA % among Chemicals companies is 3.31, based on 1,618 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Satellite Chemical Co's current ROA % of 21.57% is 551.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Satellite Chemical Co and its competitors. For the Chemicals industry, the median ROA % is 3.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Satellite Chemical Co's current ROA % is 21.57%, which is 177% above median its own 10-year median of 7.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Satellite Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Satellite Chemical Co (SZSE:002648) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥22.44, compared to a current price of ¥27.00 — trading 20.3% above its estimated fair value. The current ROA % is 21.57%, which is 177% above median its 10-year median of 7.78 and 551.7% above the Chemicals industry median of 3.31. Satellite Chemical Co's overall GF Score™ is 90/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Satellite Chemical Co (SZSE:002648), the current ROA % is 21.57% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Satellite Chemical Co (SZSE:002648) Overvalued in 2026?
Based on GuruFocus' analysis, Satellite Chemical Co stock appears to be overvalued.
The current stock price of ¥27.00 is trading 20.3% above its estimated GF Value™ of ¥22.44.
GuruFocus considers Satellite Chemical Co to be Modestly Overvalued.
Key valuation signals for SZSE:002648:
ROA %: 21.57% (177% above median its 10-year median of 7.78)
GF Value™: ¥22.44 vs. price of ¥27.00 (20.3% above fair value)
Industry Position: 551.7% above the Chemicals median (#145 of 1618)
No single metric tells the full story. See the SZSE:002648 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Satellite Chemical Co Ltd is engaged in the research and development, production, and sales of functional chemicals, new polymer materials, and new energy materials represented by the C2 and C3 industrial chains. The company's main products include acrylic acid and esters, polyether macromonomers, hydrogen peroxide, polymer emulsions, high absorption resin, and others.
90GF Score
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