Red Avenue New Materials Group (603650) Stock Overview
Research, develops, produces, and sells new materials in China and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 4/6 |
| Past Performance | 5/6 |
| Financial Health | 3/6 |
| Dividends | 3/6 |
603650 Community Fair Values
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Red Avenue New Materials Group Co., Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CN¥32.35 |
| 52 Week High | CN¥41.80 |
| 52 Week Low | CN¥25.13 |
| Beta | 0.14 |
| 1 Month Change | 5.03% |
| 3 Month Change | 0.78% |
| 1 Year Change | 4.52% |
| 3 Year Change | 13.51% |
| 5 Year Change | 3.72% |
| Change since IPO | 45.39% |
Recent News & Updates
Recent updates
Shareholder Returns
| 603650 | CN Chemicals | CN Market | |
|---|---|---|---|
| 7D | 1.1% | 1.9% | 1.3% |
| 1Y | 4.5% | 21.9% | 26.0% |
Return vs Industry: 603650 underperformed the CN Chemicals industry which returned 21.9% over the past year.
Return vs Market: 603650 underperformed the CN Market which returned 26% over the past year.
Price Volatility
| 603650 volatility | |
|---|---|
| 603650 Average Weekly Movement | 2.7% |
| Chemicals Industry Average Movement | 4.9% |
| Market Average Movement | 4.9% |
| 10% most volatile stocks in CN Market | 8.6% |
| 10% least volatile stocks in CN Market | 2.8% |
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 (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1999 | 1,218 | Lin Ding | 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.
Red Avenue New Materials Group Co., Ltd. Fundamentals Summary
| 603650 fundamental statistics | |
|---|---|
| Market cap | CN¥19.28b |
| Earnings (TTM) | CN¥532.54m |
| Revenue (TTM) | CN¥3.34b |
Is 603650 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 603650 income statement (TTM) | |
|---|---|
| Revenue | CN¥3.34b |
| Cost of Revenue | CN¥2.52b |
| Gross Profit | CN¥824.44m |
| Other Expenses | CN¥291.91m |
| Earnings | CN¥532.54m |
Last Reported Earnings
Mar 31, 2025
Next Earnings Date
Aug 28, 2025
| Earnings per share (EPS) | 0.89 |
| Gross Margin | 24.66% |
| Net Profit Margin | 15.93% |
| Debt/Equity Ratio | 115.0% |
How did 603650 perform over the long term?
See historical performance and comparisonDividends
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/07/20 14:16 |
| End of Day Share Price | 2025/07/18 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| 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.
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 Github.
Analyst Sources
Red Avenue New Materials Group Co., Ltd. is covered by 7 analysts. 4 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. |
| Jin Ji | Industrial Securities Co. Ltd. |