Red Avenue New Materials Group Co., Ltd. (SHA:603650)

Market Cap	18.70B
Revenue (ttm)	3.34B
Net Income (ttm)	532.54M
Shares Out	595.96M
EPS (ttm)	0.89
PE Ratio	35.27
Forward PE	29.25
Dividend	1.00 (3.17%)
Ex-Dividend Date	Jun 3, 2025

Volume	4,600,337
Average Volume	5,227,546
Open	31.62
Previous Close	31.50
Day's Range	31.31 - 31.78
52-Week Range	25.13 - 41.80
Beta	0.16
RSI	48.71
Earnings Date	Aug 22, 2025

About SHA:603650

Red Avenue New Materials Group Co., Ltd. manufactures and sells chemical materials in China and internationally. The company offers tackifying resins, phenol-formaldehyde reinforcing products, adhesive resins, leveling agents, vulcanized resins, tread resins, electronic phenolics, liquid phenolic resin, powder resins, and additives; and rubber and plastic processing aids, accelerators, microelectronic materials, degradable plastics, etc. It also distributes various chemical products. The company was founded in 1999 and is headquartered in Shang...

• Industry: Specialty Chemicals
• Sector: Materials
• Founded: 1999
• Employees: 1,218
• Stock Exchange: Shanghai Stock Exchange
• Ticker Symbol: 603650

Financial Performance

In 2024, SHA:603650's revenue was 3.27 billion, an increase of 11.10% compared to the previous year's 2.94 billion. Earnings were 516.77 million, an increase of 27.10%.