Red Avenue New Materials Group Co Ltd (SHG:603650) — Market Cap & Net Worth
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 $5.82 Billion (CN¥39.75 Billion) as of August 10, 2026. Listed on the SHG stock exchange, this China-based company holds position #3262 globally and #434 in its home market, demonstrating a 20.08% 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¥64.52 by its total outstanding shares 616082970 (616.08 Million). See 603650 capex to operating cash flow ratio to understand how much of operating cash flow is reinvested back into capital assets.
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 $1.71 Billion to $5.82 Billion (17.90% 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
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 August 10, 2026.
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 $210.18 Billion USD.
- AIR LIQUIDE ADR 1/5/EO 11 (F:AILA): Ranked #239 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 #291 globally with a market cap of $89.91 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #94 | Linde plc Ordinary Shares | NASDAQ:LIN | $210.18 Billion | $489.98 |
| #239 | AIR LIQUIDE ADR 1/5/EO 11 | F:AILA | $103.86 Billion | €36.60 |
| #250 | Air Liquide SA | PA:AI | $101.06 Billion | €172.38 |
| #291 | Sherwin-Williams Co | NYSE:SHW | $89.91 Billion | $369.73 |
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 $1.71 Billion to $ 5.82 Billion, with a yearly change of 17.90%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥5.82 Billion | +46.17% |
| 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 Aug 10th, 2026 the market cap of Red Avenue New Materials Group Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $5.82 Billion USD |
| MoneyControl | $5.82 Billion USD |
| MarketWatch | $5.82 Billion USD |
| marketcap.company | $5.82 Billion USD |
| Reuters | $5.82 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