Red Avenue New Materials Group Co Ltd (603650)

Currency in CNY
33.36
0.00(0.00%)
Closed·
603650 Scorecard
Full Analysis
Trading at a high earnings multiple
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Fair Value
Day's Range
33.1433.97
52 wk Range
25.1341.80
Key Statistics
Bid/Ask
33.36 / 33.37
Prev. Close
33.36
Open
33.29
Day's Range
33.14-33.97
52 wk Range
25.13-41.8
Volume
7.82M
Average Volume (3m)
5.53M
1-Year Change
22.2%
Fair Value
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Fair Value Upside
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Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
43.00
Upside
+28.90%
Members' Sentiments
Bearish
Bullish
ProTips
Trading at a high P/E ratio relative to near-term earnings growth

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Neutral
Technical Indicators
Neutral
Moving Averages
Buy

Red Avenue New Materials Group Co Ltd Company Profile

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.

Industry
Chemicals
Employees
1218
Market
China

Compare 603650 to Peers and Sector

Metrics to compare
603650
Peers
Sector
Relationship
P/E Ratio
37.3x31.2x2.5x
PEG Ratio
2.650.110.00
Price/Book
5.8x1.7x1.6x
Price / LTM Sales
5.9x1.2x1.3x
Upside (Analyst Target)
28.9%3.6%19.4%
Fair Value Upside
Unlock−3.7%2.2%Unlock

Analyst Ratings

4 Buy
0 Hold
0 Sell
Ratings:
4 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 43.00
(+28.90% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 0.89%
Dividend Yield
2.25%
Industry Median 1.41%
Annualised payout
0.75
Paid annually
5-Years Growth
+17.84%
Growth Streak

Earnings

Latest Release
Apr 28, 2025
EPS / Forecast
0.27 / --
Revenue / Forecast
856.05M / --
EPS Revisions
Last 90 days

603650 Income Statement

FAQ

What Stock Exchange Does Red Avenue New Materials Trade On?

Red Avenue New Materials is listed and trades on the Shanghai Stock Exchange stock exchange.

What Is the Stock Symbol for Red Avenue New Materials?

The stock symbol for Red Avenue New Materials is "603650."

What Is the Red Avenue New Materials Market Cap?

As of today, Red Avenue New Materials market cap is 19.89B.

What Is Red Avenue New Materials's Earnings Per Share (TTM)?

The Red Avenue New Materials EPS (TTM) is 0.89.

When Is the Next Red Avenue New Materials Earnings Date?

Red Avenue New Materials will release its next earnings report on 27 Aug 2025.

From a Technical Analysis Perspective, Is 603650 a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.

How Many Times Has Red Avenue New Materials Stock Split?

Red Avenue New Materials has split 0 times.

How Many Employees Does Red Avenue New Materials Have?

Red Avenue New Materials has 1218 employees.

What is the current trading status of Red Avenue New Materials (603650)?

As of 30 Jul 2025, Red Avenue New Materials (603650) is trading at a price of 33.36, with a previous close of 33.36. The stock has fluctuated within a day range of 33.14 to 33.97, while its 52-week range spans from 25.13 to 41.80.
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