6036

Red Avenue New Materials Group Stock Price

Symbol: SHSE:603650Market Cap: CN¥19.3bCategory: Materials

603650 Share Price Performance

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    Recent 603650 News & Updates

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    Red Avenue New Materials Group Co., Ltd. Key Details

    CN¥3.3b

    Revenue

    CN¥2.5b

    Cost of Revenue

    CN¥824.4m

    Gross Profit

    CN¥291.9m

    Other Expenses

    CN¥532.5m

    Earnings

    Last Reported Earnings
    Mar 31, 2025
    Next Reporting Earnings
    Aug 28, 2025
    Earnings per share (EPS)
    0.89
    Gross Margin
    24.66%
    Net Profit Margin
    15.93%
    Debt/Equity Ratio
    115.0%

    Red Avenue New Materials Group Co., Ltd. Competitors

     
     
     
     
     
     
     
     
     
     
     
     

    About 603650

    Founded
    1999
    Employees
    1218
    CEO
    Lin Ding
    WebsiteView website
    www.rachem.com

    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 addition, the company offers electronic resins, IC and display photoresist, and electronic grade EBR; and biodegradable materials for replacing disposable films, and shipment packaging, as well as agricultural mulch films, textile fibers, food contact applications, automotive products, foam products, 3D printing materials, and other applications. Further, it provides P-Tert-Butylphenol, catalysts, and industrial phenolic resins comprising of can coating, foundry, friction, coated abrasives, composite materials, and molding compound. The company was founded in 1999 and is headquartered in Shanghai, China.

    Chinese Market Performance

    • 7 Days: -1.1%
    • 3 Months: 11.1%
    • 1 Year: 28.8%
    • Year to Date: 11.5%
    Over the last 7 days, the market has dropped 1.1%, driven by a decline of 2.4% in the Industrials sector. As for the longer term, the market has actually risen by 29% in the last year. As for the next few years, earnings are expected to grow by 24% per annum. Market details ›
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