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

Market Cap	21.66B
Revenue (ttm)	3.17B
Net Income (ttm)	495.18M
Shares Out	599.08M
EPS (ttm)	0.82
PE Ratio	44.07
Forward PE	39.12
Dividend	0.50 (1.39%)
Ex-Dividend Date	Oct 16, 2024

Volume	11,826,992
Open	35.90
Previous Close	36.00
Day's Range	35.42 - 36.28
52-Week Range	20.40 - 41.80
Beta	0.36
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, Red Avenue New Materials Group'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%.