603650 Stock Overview
Manufactures and sells chemical materials in China and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 4/6 |
| Past Performance | 5/6 |
| Financial Health | 3/6 |
| Dividends | 1/6 |
My Notes
Capture your thoughts, links and company narrative
Red Avenue New Materials Group Co., Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CN¥33.59 |
| 52 Week High | CN¥41.80 |
| 52 Week Low | CN¥20.40 |
| Beta | 0.37 |
| 1 Month Change | -7.39% |
| 3 Month Change | 0.69% |
| 1 Year Change | 40.54% |
| 3 Year Change | -5.09% |
| 5 Year Change | 104.19% |
| Change since IPO | 89.35% |
Recent News & Updates
Red Avenue New Materials Group (SHSE:603650) Will Be Hoping To Turn Its Returns On Capital Around
Jan 15
Is Red Avenue New Materials Group (SHSE:603650) A Risky Investment?
Dec 16Red Avenue New Materials Group Co., Ltd. (SHSE:603650) Stock Rockets 30% As Investors Are Less Pessimistic Than Expected
Nov 11Recent updates
Red Avenue New Materials Group (SHSE:603650) Will Be Hoping To Turn Its Returns On Capital Around
Jan 15Is Red Avenue New Materials Group (SHSE:603650) A Risky Investment?
Dec 16Red Avenue New Materials Group Co., Ltd. (SHSE:603650) Stock Rockets 30% As Investors Are Less Pessimistic Than Expected
Nov 11Red Avenue New Materials Group (SHSE:603650) Will Be Hoping To Turn Its Returns On Capital Around
Sep 30Red Avenue New Materials Group (SHSE:603650) Has A Pretty Healthy Balance Sheet
Sep 11Risks To Shareholder Returns Are Elevated At These Prices For Red Avenue New Materials Group Co., Ltd. (SHSE:603650)
Jun 26These 4 Measures Indicate That Red Avenue New Materials Group (SHSE:603650) Is Using Debt Reasonably Well
Jun 09Red Avenue New Materials Group Co., Ltd.'s (SHSE:603650) Shares May Have Run Too Fast Too Soon
Mar 01Shareholder Returns
| 603650 | CN Chemicals | CN Market | |
|---|---|---|---|
| 7D | -0.9% | 0.3% | 0.07% |
| 1Y | 40.5% | 11.1% | 18.4% |
Return vs Industry: 603650 exceeded the CN Chemicals industry which returned 7.2% over the past year.
Return vs Market: 603650 exceeded the CN Market which returned 15.4% over the past year.
Price Volatility
| 603650 volatility | |
|---|---|
| 603650 Average Weekly Movement | 5.9% |
| Chemicals Industry Average Movement | 6.4% |
| Market Average Movement | 6.8% |
| 10% most volatile stocks in CN Market | 10.8% |
| 10% least volatile stocks in CN Market | 4.0% |
Stable Share Price: 603650 has not had significant price volatility in the past 3 months compared to the CN market.
Volatility Over Time: 603650's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1999 | 1,153 | 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¥20.12b |
| Earnings (TTM) | CN¥495.18m |
| Revenue (TTM) | CN¥3.17b |
40.6x
P/E Ratio6.3x
P/S RatioIs 603650 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 603650 income statement (TTM) | |
|---|---|
| Revenue | CN¥3.17b |
| Cost of Revenue | CN¥2.39b |
| Gross Profit | CN¥787.91m |
| Other Expenses | CN¥292.72m |
| Earnings | CN¥495.18m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Apr 18, 2025
| Earnings per share (EPS) | 0.83 |
| Gross Margin | 24.83% |
| Net Profit Margin | 15.61% |
| Debt/Equity Ratio | 98.8% |
How did 603650 perform over the long term?
See historical performance and comparisonDividends
1.5%
Current Dividend Yield102%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/29 21:59 |
| End of Day Share Price | 2025/01/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Red Avenue New Materials Group Co., Ltd. is covered by 6 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Chao Li | Citic Securities Co., Ltd. |
| Nai Di Zhao | Everbright Securities Co. Ltd. |
| Zhiyang Zhang | Industrial Securities Co. Ltd. |