603650 Stock Overview
Red Avenue New Materials Group Co., Ltd. manufactures and sells chemical materials in China and internationally.
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 2/6 |
| Past Performance | 4/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
Red Avenue New Materials Group Co., Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CN¥29.45 |
| 52 Week High | CN¥39.66 |
| 52 Week Low | CN¥20.40 |
| Beta | 0.25 |
| 1 Month Change | 9.52% |
| 3 Month Change | 11.13% |
| 1 Year Change | -19.78% |
| 3 Year Change | -9.02% |
| 5 Year Change | 42.20% |
| Change since IPO | 66.01% |
Recent News & Updates
Red Avenue New Materials Group Co., Ltd.'s (SHSE:603650) Shares May Have Run Too Fast Too Soon
Mar 01
Shareholder Returns
| 603650 | CN Chemicals | CN Market | |
|---|---|---|---|
| 7D | 12.9% | -1.4% | -0.4% |
| 1Y | -19.8% | -21.2% | -14.4% |
Return vs Industry: 603650 exceeded the CN Chemicals industry which returned -21.2% over the past year.
Return vs Market: 603650 underperformed the CN Market which returned -14.4% over the past year.
Price Volatility
| 603650 volatility | |
|---|---|
| 603650 Average Weekly Movement | 7.9% |
| Chemicals Industry Average Movement | 8.8% |
| Market Average Movement | 8.8% |
| 10% most volatile stocks in CN Market | 12.7% |
| 10% least volatile stocks in CN Market | 5.2% |
Stable Share Price: 603650's share price has been volatile over the past 3 months.
Volatility Over Time: 603650's weekly volatility (8%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1999 | 1,118 | Lin Ding | www.rachem.com |
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.
Red Avenue New Materials Group Co., Ltd. Fundamentals Summary
| 603650 fundamental statistics | |
|---|---|
| Market cap | CN¥17.67b |
| Earnings (TTM) | CN¥407.71m |
| Revenue (TTM) | CN¥2.85b |
43.3x
P/E Ratio6.2x
P/S RatioIs 603650 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 603650 income statement (TTM) | |
|---|---|
| Revenue | CN¥2.85b |
| Cost of Revenue | CN¥2.18b |
| Gross Profit | CN¥668.62m |
| Other Expenses | CN¥260.91m |
| Earnings | CN¥407.71m |
Last Reported Earnings
Sep 30, 2023
Next Earnings Date
Apr 30, 2024
| Earnings per share (EPS) | 0.68 |
| Gross Margin | 23.47% |
| Net Profit Margin | 14.31% |
| Debt/Equity Ratio | 78.1% |
How did 603650 perform over the long term?
See historical performance and comparison