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

Market Cap	24.80B
Revenue (ttm)	3.35B
Net Income (ttm)	554.57M
Shares Out	595.95M
EPS (ttm)	0.93
PE Ratio	44.82
Forward PE	38.81
Dividend	1.00 (2.48%)
Ex-Dividend Date	Jun 3, 2025

Volume	12,484,929
Average Volume	22,631,616
Open	40.58
Previous Close	40.30
Day's Range	40.44 - 41.73
52-Week Range	27.70 - 48.18
Beta	-0.03
RSI	54.77
Earnings Date	Oct 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: 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%.