Red Avenue New Materials Group Co Ltd Total Assets
Red Avenue New Materials Group Co Ltd total assets. Based on the latest financial reports, Red Avenue New Materials Group Co Ltd (603650) holds total assets worth CN¥9.62 Billion CNY (≈ $1.41 Billion USD) as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Also see Red Avenue New Materials Group Co Ltd market capitalisation for the company's overall valuation and market capitalisation.
Total Assets of Red Avenue New Materials Group Co Ltd (2014–2025)
Total assets of Red Avenue New Materials Group Co Ltd from 2014 to 2025. This chart illustrates how Red Avenue New Materials Group Co Ltd's total assets have evolved over time, based on quarterly financial data. See 603650 stock price for real-time trading data and today's change.
Red Avenue New Materials Group Co Ltd - Asset Composition Analysis
Red Avenue New Materials Group Co Ltd Total Assets Breakdown (December 2025)
Red Avenue New Materials Group Co Ltd total assets breakdown as of December 2025. Red Avenue New Materials Group Co Ltd's total assets of CN¥9.62 Billion consist of 34.0% current assets and 66.0% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 13.5% |
| Accounts Receivable | CN¥814.02 Million | 8.8% |
| Inventory | CN¥581.43 Million | 6.3% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥400.30 Million | 4.3% |
| Goodwill | CN¥437.44 Million | 4.8% |
Asset Composition Trend (2014–2025)
This chart illustrates how Red Avenue New Materials Group Co Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. Explore Red Avenue New Materials Group Co Ltd working capital to net assets to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Red Avenue New Materials Group Co Ltd's current assets represent 34.0% of total assets in 2025, a decrease from 64.7% in 2014.
- Cash Position: Cash and equivalents constituted 13.5% of total assets in 2025, up from 11.3% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 8.0% of total assets, an increase from 6.0% in 2014.
- Asset Diversification: The largest asset category is accounts receivable at 8.8% of total assets.
Red Avenue New Materials Group Co Ltd Competitors by Total Assets
Key competitors of Red Avenue New Materials Group Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Air Products and Chemicals Inc
NYSE:APD
|
USA | $41.24 Billion |
|
Peric Special Gases Co. Ltd. A
SHG:688146
|
China | CN¥7.65 Billion |
|
Solstice Advanced Materials, Inc
NASDAQ:SOLS
|
USA | $5.92 Billion |
|
Suzhou TA&A Ultra Clean Technology Co Ltd
SHE:300390
|
China | CN¥27.92 Billion |
|
Enaex S.A
SN:ENAEX
|
Chile | CL$2.28 Billion |
|
Huaibei Mining Holdings Co Ltd
SHG:600985
|
China | CN¥89.26 Billion |
|
Lianhe Chemical Technology Co Ltd
SHE:002250
|
China | CN¥13.79 Billion |
|
Anhui Shenjian New Materials Co Ltd
SHE:002361
|
China | CN¥4.62 Billion |
Red Avenue New Materials Group Co Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.92 | 1.07 | 1.29 |
| Quick Ratio | 0.76 | 0.90 | 1.14 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-285.70 Million | CN¥209.15 Million | CN¥530.00 Million |
Red Avenue New Materials Group Co Ltd - Advanced Valuation Insights
This section examines the relationship between Red Avenue New Materials Group Co Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 9.20 |
| Latest Market Cap to Assets Ratio | 0.48 |
| Asset Growth Rate (YoY) | 9.6% |
| Total Assets | CN¥9.22 Billion |
| Market Capitalization | $4.40 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Red Avenue New Materials Group Co Ltd's assets below their book value (0.48x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Red Avenue New Materials Group Co Ltd's assets grew by 9.6% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Red Avenue New Materials Group Co Ltd (2014–2025)
The table below shows the annual total assets of Red Avenue New Materials Group Co Ltd from 2014 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥9.22 Billion ≈ $1.35 Billion |
+9.63% |
| 2024-12-31 | CN¥8.41 Billion ≈ $1.23 Billion |
+14.66% |
| 2023-12-31 | CN¥7.33 Billion ≈ $1.07 Billion |
+6.89% |
| 2022-12-31 | CN¥6.86 Billion ≈ $1.00 Billion |
+14.70% |
| 2021-12-31 | CN¥5.98 Billion ≈ $875.32 Million |
+30.50% |
| 2020-12-31 | CN¥4.58 Billion ≈ $670.74 Million |
+11.98% |
| 2019-12-31 | CN¥4.09 Billion ≈ $598.97 Million |
+29.22% |
| 2018-12-31 | CN¥3.17 Billion ≈ $463.52 Million |
+68.82% |
| 2017-12-31 | CN¥1.88 Billion ≈ $274.56 Million |
+12.82% |
| 2016-12-31 | CN¥1.66 Billion ≈ $243.37 Million |
+16.07% |
| 2015-12-31 | CN¥1.43 Billion ≈ $209.67 Million |
+4.63% |
| 2014-12-31 | CN¥1.37 Billion ≈ $200.40 Million |
-- |
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