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

Market Cap	16.08B
Revenue (ttm)	3.15B
Net Income (ttm)	496.61M
Shares Out	599.08M
EPS (ttm)	0.82
PE Ratio	32.72
Forward PE	29.09
Dividend	0.50 (1.86%)
Ex-Dividend Date	Jun 5, 2024

Volume	6,299,900
Open	27.20
Previous Close	27.32
Day's Range	26.75 - 27.70
52-Week Range	20.40 - 39.66
Beta	0.32
Analysts	n/a
Price Target	n/a
Earnings Date	Oct 25, 2024

About Red Avenue New Materials Group

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, 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%.