Red Avenue New Materials Group Co., Ltd.

Red Avenue New Materials Group Co., Ltd.verified

603650.SS

Price:

$31.69

Market Cap:

$18.89B

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 ROE as of July 2025 (TTM) for Red Avenue New Materials Group Co., Ltd. (603650.SS) is 15.95%

According to Red Avenue New Materials Group Co., Ltd.’s latest financial reports and current stock price. The company's current ROE is 15.95%. This represents a change of 299.15% compared to the average of 4.00% of the last 4 quarters.

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

How has 603650.SS ROE performed in the past?

The mean historical ROE of Red Avenue New Materials Group Co., Ltd. over the last ten years is 17.02%. The current 15.95% ROE has changed -6.32% with respect to the historical average. Over the past ten years (40 quarters), 603650.SS's ROE was at its highest in in the March 2018 quarter at 8.67%. The ROE was at its lowest in in the June 2017 quarter at 0%.

Quarterly (TTM)
Annual

Average

17.02%

Median

16.09%

Minimum

9.80%

Maximum

26.89%

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

Discovering the peaks and valleys of Red Avenue New Materials Group Co., Ltd. ROE, 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 = 38.87%

Maximum Annual ROE = 26.89%

Minimum Annual Increase = -39.44%

Minimum Annual ROE = 9.80%

Quarterly (TTM)
Annual
YearROEChange
202415.41%29.14%
202311.93%21.71%
20229.80%-16.46%
202111.73%-30.05%
202016.78%14.17%
201914.69%-18.92%
201818.12%-32.61%
201726.89%3.05%
201626.10%38.87%
201518.79%-39.44%

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

How has 603650.SS ROE performed in the past?

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

3-year avg

12.38%

5-year avg

13.13%

10-year avg

17.02%

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

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

Red Avenue New Materials Group Co., Ltd.’s ROE is less than Hoshine Silicon Industry Co., Ltd. (4.48%), less than Toly Bread Co.,Ltd. (9.58%), less than SKSHU Paint Co.,Ltd. (14.44%), less than Sichuan Teway Food Group Co.,Ltd (11.78%), less than Anhui Yingjia Distillery Co., Ltd. (26.06%),

Build a custom stock screener for Red Avenue New Materials Group Co., Ltd. (603650.SS) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Red Avenue New Materials Group Co., Ltd. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Red Avenue New Materials Group Co., Ltd. (603650.SS) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Red Avenue New Materials Group Co., Ltd. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the ROE?

How can you use the ROE?

What is Red Avenue New Materials Group Co., Ltd.'s ROE?

How is the ROE calculated for Red Avenue New Materials Group Co., Ltd. (603650.SS)?

What is the highest ROE for Red Avenue New Materials Group Co., Ltd. (603650.SS)?

What is the 3-year average ROE for Red Avenue New Materials Group Co., Ltd. (603650.SS)?

What is the 5-year average ROE for Red Avenue New Materials Group Co., Ltd. (603650.SS)?

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