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.
Metrics to compare | 603650 | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship Relationship603650PeersSector | |
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P/E Ratio | 37.3x | 31.2x | 2.5x | |
PEG Ratio | 2.65 | 0.11 | 0.00 | |
Price/Book | 5.8x | 1.7x | 1.6x | |
Price / LTM Sales | 5.9x | 1.2x | 1.3x | |
Upside (Analyst Target) | 28.9% | 3.6% | 19.4% | |
Fair Value Upside | Unlock | −3.7% | 2.2% | Unlock |