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

Market Cap	24.98B
Revenue (ttm)	3.35B
Net Income (ttm)	554.57M
Shares Out	595.95M
EPS (ttm)	0.93
PE Ratio	45.14
Forward PE	39.09
Dividend	1.00 (2.39%)
Ex-Dividend Date	Jun 3, 2025

Volume	13,830,890
Average Volume	18,656,500
Open	41.92
Previous Close	41.92
Day's Range	41.61 - 43.08
52-Week Range	26.37 - 43.86
Beta	-0.14
RSI	75.33
Earnings Date	Oct 24, 2025

About SHA:603650

Red Avenue New Materials Group Co., Ltd. research, develops, produces, and sells new materials in China and internationally. The company offers tackifying resins; P-tert-butyl, P-octyl, tail oil modification, phenol-formaldehyde tackifying resins; CNSL modified phenol formaldehyde reinforcing resin; resorcinol formaldehyde resin; and curing, wet grp, anti-tear, tread, and sidewall resin. It also provides rubber processing aids, silica and functional additives, chemical peptizer, anti-reversion agent, homogenizer, and coupling agent for CB. In a...

• Industry: Specialty Chemicals
• Sector: Materials
• Founded: 2008
• 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%.