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

Market Cap	19.24B
Revenue (ttm)	3.34B
Net Income (ttm)	532.54M
Shares Out	595.97M
EPS (ttm)	0.89
PE Ratio	36.30
Forward PE	29.94
Dividend	1.00 (3.10%)
Ex-Dividend Date	Oct 16, 2024

Volume	2,948,000
Average Volume	5,149,435
Open	32.70
Previous Close	32.49
Day's Range	32.02 - 32.71
52-Week Range	25.13 - 41.80
Beta	0.33
RSI	53.68
Earnings Date	Apr 18, 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%.