Red Avenue New Materials Group Co., Ltd.

Red Avenue New Materials Group Co., Ltd.verified

603650.SS

Price:

$30.8

Market Cap:

$18.36B

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, adhesion promoter resins, bonding agents, curing resins, and additives. It also distributes various chemical products. The company was founded in 1999 and is based in Shanghai, China.

Industry

Chemicals - Specialty

IPO Date

2018-07-10

Stock Exchange

SHH

Ticker

603650.SS

The Enterprise Value as of June 2025 (TTM) for Red Avenue New Materials Group Co., Ltd. (603650.SS) is 21.31B

According to Red Avenue New Materials Group Co., Ltd.’s latest financial reports and current stock price. The company's current Enterprise Value is 21.31B. This represents a change of -0.23% compared to the average of 21.35B of the last 4 quarters.

Red Avenue New Materials Group Co., Ltd. (603650.SS) Historical Enterprise Value (quarterly & annually)

How has 603650.SS Enterprise Value performed in the past?

The mean historical Enterprise Value of Red Avenue New Materials Group Co., Ltd. over the last ten years is 16.24B. The current 21.31B Enterprise Value has changed 13.02% with respect to the historical average. Over the past ten years (40 quarters), 603650.SS's Enterprise Value was at its highest in in the December 2021 quarter at 31.42B. The Enterprise Value was at its lowest in in the June 2017 quarter at 0.

Quarterly (TTM)
Annual

Average

16.24B

Median

14.75B

Minimum

8.78B

Maximum

31.41B

Red Avenue New Materials Group Co., Ltd. (603650.SS) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of Red Avenue New Materials Group Co., Ltd. Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 79.23%

Maximum Annual Enterprise Value = 31.41B

Minimum Annual Increase = -35.55%

Minimum Annual Enterprise Value = 8.78B

Quarterly (TTM)
Annual
YearEnterprise ValueChange
202422.46B2.68%
202321.88B8.07%
202220.24B-35.55%
202131.41B65.91%
202018.93B79.23%
201910.56B3.85%
201810.17B12.71%
20179.02B2.77%
20168.78B-1.66%
20158.93B-0.96%

Red Avenue New Materials Group Co., Ltd. (603650.SS) Average Enterprise Value

How has 603650.SS Enterprise Value performed in the past?

The current Enterprise Value of Red Avenue New Materials Group Co., Ltd. (603650.SS) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

21.53B

5-year avg

22.98B

10-year avg

16.24B

Red Avenue New Materials Group Co., Ltd. (603650.SS) Enterprise Value vs. Peers

How is 603650.SS’s Enterprise Value compared to its peers?

Red Avenue New Materials Group Co., Ltd.’s Enterprise Value is less than Hoshine Silicon Industry Co., Ltd. (72.04B), greater than Toly Bread Co.,Ltd. (8.91B), less than SKSHU Paint Co.,Ltd. (27.68B), greater than Sichuan Teway Food Group Co.,Ltd (10.86B), less than Anhui Yingjia Distillery Co., Ltd. (30.92B),

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Frequently asked questions❓

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How does the current Enterprise Value for Red Avenue New Materials Group Co., Ltd. (603650.SS) compare to its historical average?