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

Market Cap	20.93B
Revenue (ttm)	3.34B
Net Income (ttm)	532.54M
Shares Out	595.96M
EPS (ttm)	0.89
PE Ratio	39.49
Forward PE	32.75
Dividend	1.00 (2.92%)
Ex-Dividend Date	Jun 3, 2025

Volume	13,102,488
Average Volume	8,621,538
Open	34.30
Previous Close	34.22
Day's Range	34.25 - 35.19
52-Week Range	25.13 - 41.80
Beta	-0.15
RSI	67.97
Earnings Date	Aug 28, 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: 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%.