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

Market Cap	19.57B
Revenue (ttm)	3.17B
Net Income (ttm)	495.18M
Shares Out	599.00M
EPS (ttm)	0.82
PE Ratio	39.82
Forward PE	35.51
Dividend	0.50 (1.55%)
Ex-Dividend Date	Oct 16, 2024

Volume	3,053,900
Average Volume	7,608,260
Open	32.51
Previous Close	32.67
Day's Range	32.26 - 33.06
52-Week Range	24.23 - 41.80
Beta	0.28
RSI	45.58
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: 1,153
• Stock Exchange: Shanghai Stock Exchange
• Ticker Symbol: 603650

Financial Performance

In 2023, SHA:603650's revenue was 2.94 billion, an increase of 17.74% compared to the previous year's 2.50 billion. Earnings were 406.60 million, an increase of 36.37%.