Red Avenue New Materials Group Co., Ltd.
Research Red Avenue New Materials Group Co., Ltd. (603650.SS) on Bullrun: market cap CNY 33.43B, P/E 51.4, dividend yield 1.0%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- Ticker603650.SS
- ExchangeSS
- CountryChina
- SectorBasic Materials
- IndustrySpecialty Chemicals
- CurrencyCNY
- Market capCNY 33.43B
- P/E51.4
- Dividend yield1.0%
- Financial periodQ2 2026
- RevenueCNY 1.09B
- Net incomeCNY 206.73M
- Free cash flow-CNY 41.61M
- Gross margin23.9%
Valuation Snapshot
latest market cap is CNY 33.43B; P/E is 51.4; dividend yield is 1.0%.
Peer valuation comparison
Latest P/E is 51.43x versus a Basic Materials sector median of 14.77x (248.1% above).
Latest dividend yield is 1.02% versus a Basic Materials sector median of 2.67% (61.8% below).
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-11-11 | CNY 33.43B | 51.4 | 1.0% | 0.5 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 0.5 CNY, yield 1.0%.
About Red Avenue New Materials Group Co., Ltd.
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.
ETFs that hold Red Avenue New Materials Group Co., Ltd.
US-listed ETFs
Red Avenue New Materials Group Co., Ltd. is held by 11 US-listed ETFs, going by the latest portfolios they filed with the SEC. The 8 most traded of them:
| ETF | Weight | Fee |
|---|---|---|
| Vanguard Total International Stock Index Fund ETF Shares (VXUS) | <0.01% | 0.05% |
| Vanguard FTSE Emerging Markets Index Fund ETF Shares (VWO) | <0.01% | 0.06% |
| Vanguard Total World Stock Index Fund ETF Shares (VT) | <0.01% | 0.06% |
| Vanguard FTSE All-World ex-US Small-Cap Index Fund ETF Shares (VSS) | 0.01% | 0.06% |
| Dimensional Emerging Core Equity Market ETF (DFAE) | <0.01% | 0.29% |
| Dimensional Emerging Markets Core Equity 2 ETF (DFEM) | <0.01% | 0.39% |
| Dimensional World ex U.S. Core Equity 2 ETF (DFAX) | <0.01% | 0.28% |
| Vanguard ESG International Stock ETF (VSGX) | <0.01% | 0.10% |
Portfolios as filed with the SEC on Form N-PORT, dated May to July 2026. Brokers in the EU generally do not offer US-listed ETFs to retail investors.
Related stock research
Other Basic Materials stocks
Frequently asked questions
What is Red Avenue New Materials Group Co., Ltd.'s market cap?
Red Avenue New Materials Group Co., Ltd.'s market capitalization is CNY 33.43B.
What is Red Avenue New Materials Group Co., Ltd.'s P/E ratio?
Red Avenue New Materials Group Co., Ltd.'s price-to-earnings (P/E) ratio is 51.4.
Does Red Avenue New Materials Group Co., Ltd. pay a dividend?
Red Avenue New Materials Group Co., Ltd. has a dividend yield of 1.0%.
What does Red Avenue New Materials Group Co., Ltd. do?
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.