Red Avenue New Materials Group Co Ltd
Red Avenue New Materials Group Co., Ltd. engages in the provision of new materials in China and internationally. The company offers resins, such as tackifying resin, P-tert-butyl Phenol formaldehyde tackifying resin, P-octyl Phenol formaldehyde tackifying resin, straight Phenol formaldehyde resin, tall oil modification Phenol formaldehyde resin, CNSL modified phenol formaldehyde reinforcing resin… Read more
Market Cap & Net Worth: Red Avenue New Materials Group Co Ltd (603650)
Red Avenue New Materials Group Co Ltd (SHG:603650) has a market capitalization of $4.63 Billion (CN¥33.94 Billion) as of March 18, 2026. Listed on the SHG stock exchange, this China-based company holds position #5788 globally and #796 in its home market, demonstrating a -2.74% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Red Avenue New Materials Group Co Ltd's stock price CN¥55.08 by its total outstanding shares 616107972 (616.11 Million).
Red Avenue New Materials Group Co Ltd Market Cap History: 2018 to 2026
Red Avenue New Materials Group Co Ltd's market capitalization history from 2018 to 2026. Data shows growth from $1.59 Billion to $4.63 Billion (16.51% CAGR).
Red Avenue New Materials Group Co Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Red Avenue New Materials Group Co Ltd's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.90x
Red Avenue New Materials Group Co Ltd's market cap is 0.90 times its annual revenue
0.59x
Higher than industry averageLatest Price to Earnings (P/E) Ratio
5.68x
Red Avenue New Materials Group Co Ltd's market cap is 5.68 times its annual earnings
710.94x
Lower than industry averageWhat These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2018 | $1.59 Billion | $2.17 Billion | $412.27 Million | 0.73x | 3.86x |
| 2019 | $1.42 Billion | $2.21 Billion | $330.60 Million | 0.64x | 4.30x |
| 2020 | $2.57 Billion | $2.05 Billion | $410.49 Million | 1.26x | 6.26x |
| 2021 | $4.20 Billion | $2.32 Billion | $326.59 Million | 1.81x | 12.87x |
| 2022 | $2.58 Billion | $2.50 Billion | $298.15 Million | 1.03x | 8.66x |
| 2023 | $2.80 Billion | $2.94 Billion | $406.60 Million | 0.95x | 6.88x |
| 2024 | $2.94 Billion | $3.27 Billion | $516.77 Million | 0.90x | 5.68x |
Competitor Companies of 603650 by Market Capitalization
Companies near Red Avenue New Materials Group Co Ltd in the global market cap rankings as of March 18, 2026.
Key companies related to Red Avenue New Materials Group Co Ltd by market ranking:
- Linde plc Ordinary Shares (NASDAQ:LIN): Ranked #71 globally with a market cap of $210.18 Billion USD.
- L'Air Liquide S.A (PINK:AIQUF): Ranked #182 globally with a market cap of $107.70 Billion USD.
- Air Liquide SA (PA:AI): Ranked #200 globally with a market cap of $99.38 Billion USD ( €96.82 Billion EUR).
- Ecolab Inc (NYSE:ECL): Ranked #266 globally with a market cap of $77.81 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #71 | Linde plc Ordinary Shares | NASDAQ:LIN | $210.18 Billion | $494.05 |
| #182 | L'Air Liquide S.A | PINK:AIQUF | $107.70 Billion | $187.03 |
| #200 | Air Liquide SA | PA:AI | $99.38 Billion | €172.22 |
| #266 | Ecolab Inc | NYSE:ECL | $77.81 Billion | $272.59 |
Red Avenue New Materials Group Co Ltd Historical Marketcap From 2018 to 2026
Between 2018 and today, Red Avenue New Materials Group Co Ltd's market cap moved from $1.59 Billion to $ 4.63 Billion, with a yearly change of 16.51%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥4.63 Billion | +24.78% |
| 2025 | CN¥3.71 Billion | +26.22% |
| 2024 | CN¥2.94 Billion | +5.02% |
| 2023 | CN¥2.80 Billion | +8.26% |
| 2022 | CN¥2.58 Billion | -38.56% |
| 2021 | CN¥4.20 Billion | +63.53% |
| 2020 | CN¥2.57 Billion | +80.88% |
| 2019 | CN¥1.42 Billion | -10.65% |
| 2018 | CN¥1.59 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Red Avenue New Materials Group Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $4.63 Billion USD |
| MoneyControl | $4.63 Billion USD |
| MarketWatch | $4.63 Billion USD |
| marketcap.company | $4.63 Billion USD |
| Reuters | $4.63 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.