Red Avenue New Materials Group Co Ltd Market Cap ($4.30 Billion)
Market Cap & Net Worth: Red Avenue New Materials Group Co Ltd (603650)
Red Avenue New Materials Group Co Ltd market cap. Red Avenue New Materials Group Co Ltd (SHG:603650) has a market capitalization of $4.30 Billion (CN¥29.42 Billion) as of November 14, 2026. Listed on the SHG stock exchange, this China-based company holds position #3830 globally and #493 in its home market, demonstrating a 0.48% increase 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¥47.75 by its total outstanding shares 616069636 (616.07 Million). Also see cash flow conversion of Red Avenue New Materials Group Co Ltd for how efficiently the company converts equity into cash flow.
Red Avenue New Materials Group Co Ltd Market Cap History (2018–2026)
Red Avenue New Materials Group Co Ltd market cap history from 2018 to 2026. Data shows growth from $1.71 Billion to $4.30 Billion (13.15% CAGR). Check latest Red Avenue New Materials Group Co Ltd stock price today for real-time trading data and today's change.
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. Explore Red Avenue New Materials Group Co Ltd (603650) net asset momentum to track how rapidly the company is growing its equity base year over year.
Latest Price to Sales (P/S) Ratio
1.16x
Red Avenue New Materials Group Co Ltd's market cap is 1.16 times its annual revenue
Latest Price to Earnings (P/E) Ratio
7.07x
Red Avenue New Materials Group Co Ltd's market cap is 7.07 times its annual earnings
What 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 | $1.71 Billion | $2.17 Billion | $412.27 Million | 0.79x | 4.14x |
| 2019 | $1.53 Billion | $2.21 Billion | $330.60 Million | 0.69x | 4.62x |
| 2020 | $2.76 Billion | $2.05 Billion | $410.49 Million | 1.35x | 6.72x |
| 2021 | $4.51 Billion | $2.32 Billion | $326.59 Million | 1.95x | 13.82x |
| 2022 | $2.77 Billion | $2.50 Billion | $298.15 Million | 1.11x | 9.30x |
| 2023 | $3.00 Billion | $2.94 Billion | $406.60 Million | 1.02x | 7.38x |
| 2024 | $3.15 Billion | $3.27 Billion | $516.77 Million | 0.96x | 6.10x |
| 2025 | $3.98 Billion | $3.43 Billion | $562.55 Million | 1.16x | 7.07x |
Competitor Companies of 603650 by Market Capitalization
Companies near Red Avenue New Materials Group Co Ltd in the global market cap rankings as of November 14, 2026. Also see Red Avenue New Materials Group Co Ltd total assets for a full breakdown of the balance sheet.
Key companies related to Red Avenue New Materials Group Co Ltd by market ranking:
- Linde plc Ordinary Shares (NASDAQ:LIN): Ranked #94 globally with a market cap of $215.12 Billion USD.
- AIR LIQUIDE ADR 1/5/EO 11 (F:AILA): Ranked #242 globally with a market cap of $103.86 Billion USD ( €88.84 Billion EUR).
- Air Liquide SA (PA:AI): Ranked #250 globally with a market cap of $101.06 Billion USD ( €86.44 Billion EUR).
- Sherwin-Williams Co (NYSE:SHW): Ranked #309 globally with a market cap of $86.74 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #94 | Linde plc Ordinary Shares | NASDAQ:LIN | $215.12 Billion | $526.06 |
| #242 | AIR LIQUIDE ADR 1/5/EO 11 | F:AILA | $103.86 Billion | €36.60 |
| #250 | Air Liquide SA | PA:AI | $101.06 Billion | €193.32 |
| #309 | Sherwin-Williams Co | NYSE:SHW | $86.74 Billion | $349.89 |
Market Capitalization of Red Avenue New Materials Group Co Ltd (2018–2026)
Market capitalization of Red Avenue New Materials Group Co Ltd from 2018 to today. Between 2018 and today, Red Avenue New Materials Group Co Ltd's market cap moved from $1.71 Billion to $ 4.30 Billion, with a yearly change of 13.15%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥4.30 Billion | +8.18% |
| 2025 | CN¥3.98 Billion | +26.22% |
| 2024 | CN¥3.15 Billion | +5.02% |
| 2023 | CN¥3.00 Billion | +8.26% |
| 2022 | CN¥2.77 Billion | -38.56% |
| 2021 | CN¥4.51 Billion | +63.53% |
| 2020 | CN¥2.76 Billion | +80.88% |
| 2019 | CN¥1.53 Billion | -10.65% |
| 2018 | CN¥1.71 Billion | -- |
End of Day Market Cap According to Different Sources
On Nov 14th, 2026 the market cap of Red Avenue New Materials Group Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $4.30 Billion USD |
| MoneyControl | $4.30 Billion USD |
| MarketWatch | $4.30 Billion USD |
| marketcap.company | $4.30 Billion USD |
| Reuters | $4.30 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Red Avenue New Materials Group Co Ltd
Red Avenue New Materials Group Co., Ltd. engages in the research, development, production, processing, and sales of fine chemical raw materials, chemical products, rubber and plastic processing aids, accelerators, microelectronic materials, and biodegradable plastic in China and internationally. The company offers resins, such as tackifying resin, P-tert-butyl Phenol formaldehyde tackifying resin… Read more