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6036

Red Avenue New Materials Group Co Ltd

603650 • SHG
¥62.30-¥0.91  (1.44%)
Estimate
P/E
64.2
EPS
0.97
Beta
0.731
Growth
Revenue, YoY
36.16%
Net income, YoY
8.37%
FCF, YoY
-167.57%
Forecast
P/E (FWD)
32.4
EPS (FWD)
1.92
About the company
Ticker
603650
ISIN
CNE1000036G1
Country
China
Sector (GICS)
Materials
Red Avenue New Materials Group Co., Ltd. manufactures materials for the tire, electronics, and biodegradable materials industries. The company operates through three segments: Rubber Additives for Tyres and Other Chemical Products, Electronic Materials, and Fully Biodegradable Materials. The company's Rubber Additives for Tyres and Other Chemical Products segment manufactures phenolic resins, rubber processing aids, silica and functional additives, chemical peptizers, anti-reversion agents, homogenizers, and coupling agents for carbon black. The segment also produces PTPB (para-tertiary-butylphenol), DMB (2,6-dimethylol-4-methylphenol), rubber wax, cobalt, and processing oils for rubber and tire applications. The company's Electronic Materials segment manufactures semiconductor photoresists, IC photoresists, display photoresists, EBR (electronic resin), and PMA (photoresist material additive), along with high-purity solvents and CMP (chemical mechanical polishing) polishing pads. This segment also produces electronic resins, including phenolic resins for display photoresists and G/I-line photoresists, PHS resins for KrF photoresists, organic insulating films, and light-emitting materials, and provides Turnkey Electronic Solutions for semiconductor and display panel manufacturing. The company's Fully Biodegradable Materials segment manufactures PBAT (polybutylene adipate terephthalate) products used in packaging materials and agricultural mulch films, bio-compostable materials for daily use, food contact, and agriculture, and high-transparency food packaging materials. It serves the automotive tire, semiconductor, and display panel industries internationally. Red Avenue New Materials Group Co., Ltd. was founded in 1999 and is headquartered in Shanghai, China.

Frequently asked questions

What sector does Red Avenue New Materials Group Co Ltd (603650) operate in?

Red Avenue New Materials Group Co Ltd belongs to the Materials sector and operates in the Specialty Chemicals industry.

What is Red Avenue New Materials Group Co Ltd (603650) current stock price?

As of the latest data, Red Avenue New Materials Group Co Ltd stock price is CN¥62.30, with a previous close of CN¥63.21. Red Avenue New Materials Group Co Ltd lost -CN¥0.91 in the last trading session, representing a -1.44% loss.

What is Red Avenue New Materials Group Co Ltd (603650) current market capitalization?

Red Avenue New Materials Group Co Ltd market cap is approximately 38.38 billion.

What is Red Avenue New Materials Group Co Ltd (603650) Earnings Per Share (EPS)?

The trailing EPS is CN¥0.97, and the forward EPS is CN¥1.92.

What is Red Avenue New Materials Group Co Ltd (603650) Price-to-Earnings (P/E) ratio?

Red Avenue New Materials Group Co Ltd current P/E ratio is 64.23, with a forward P/E of 32.45.

What is Red Avenue New Materials Group Co Ltd (603650) EBITDA?

Red Avenue New Materials Group Co Ltd EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is 231.82 million.

Does Red Avenue New Materials Group Co Ltd (603650) pay dividends?

No. Red Avenue New Materials Group Co Ltd does not pay a dividend.

What is Red Avenue New Materials Group Co Ltd (603650) beta (volatility) score?

Red Avenue New Materials Group Co Ltd has a beta of 0.731, indicating lower volatility than the overall market.