603650 Stock Overview
Manufactures and sells chemical materials in China and internationally.
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 4/6 |
| Past Performance | 5/6 |
| Financial Health | 3/6 |
| Dividends | 1/6 |
Red Avenue New Materials Group Co., Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CN¥26.28 |
| 52 Week High | CN¥39.66 |
| 52 Week Low | CN¥20.40 |
| Beta | 0.32 |
| 11 Month Change | 1.19% |
| 3 Month Change | -20.00% |
| 1 Year Change | -17.51% |
| 33 Year Change | -55.46% |
| 5 Year Change | 28.82% |
| Change since IPO | 48.14% |
Recent News & Updates
Red Avenue New Materials Group (SHSE:603650) Has A Pretty Healthy Balance Sheet
Sep 11
Risks 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 09Recent updates
Red 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 | -3.6% | -3.5% | -2.0% |
| 1Y | -17.5% | -29.4% | -21.2% |
Return vs Industry: 603650 exceeded the CN Chemicals industry which returned -29% over the past year.
Return vs Market: 603650 exceeded the CN Market which returned -21.4% over the past year.
Price Volatility
| 603650 volatility | |
|---|---|
| 603650 Average Weekly Movement | 5.0% |
| Chemicals Industry Average Movement | 5.0% |
| Market Average Movement | 5.4% |
| 10% most volatile stocks in CN Market | 8.6% |
| 10% least volatile stocks in CN Market | 3.6% |
Stable Share Price: 603650's share price has been volatile over the past 3 months.
Volatility Over Time: 603650's weekly volatility (5%) 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¥15.80b |
| Earnings (TTM) | CN¥496.61m |
| Revenue (TTM) | CN¥3.15b |
31.7x
P/E Ratio5.0x
P/S RatioIs 603650 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 603650 income statement (TTM) | |
|---|---|
| Revenue | CN¥3.15b |
| Cost of Revenue | CN¥2.38b |
| Gross Profit | CN¥769.89m |
| Other Expenses | CN¥273.27m |
| Earnings | CN¥496.61m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.83 |
| Gross Margin | 24.44% |
| Net Profit Margin | 15.76% |
| Debt/Equity Ratio | 102.1% |
How did 603650 perform over the long term?
See historical performance and comparison