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603650.SHG Red Avenue New Materials Group Co., Ltd

SHG CNY Basic Materials

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Market facts
Market cap
38B
P/E ratio
64.14
Analyst target
53
Dividend yield
0.8%
Beta
0.73

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1 comment

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Admin

5 years, 5 months ago

Red Avenue New Materials Group Co., Ltd is currently in a long term uptrend where the price is trading 30.9% above its 200 day moving average.

From a valuation standpoint, the stock is 146.6% more expensive than other stocks from the Basic Materials sector with a price to sales ratio of 9.9.

Red Avenue New Materials Group Co., Ltd's total revenue rose by 8.8% to $557M since the same quarter in the previous year.

Its net income has increased by 56.8% to $149M since the same quarter in the previous year.

Finally, its free cash flow fell by 60.8% to $45M since the same quarter in the previous year.

Based on the above factors, Red Avenue New Materials Group Co., Ltd gets an overall score of 3/5.