Equities

Red Avenue New Materials Group Co Ltd

603650:SHH

Red Avenue New Materials Group Co Ltd

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Basic MaterialsChemicals
  • Price (CNY)25.49
  • Today's Change-0.10 / -0.39%
  • Shares traded3.43m
  • 1 Year change-14.35%
  • Beta--
Data delayed at least 15 minutes, as of Sep 23 2024.
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Forecasts data is unavailable for this security.

Consensus recommendation

  • 14-Sep-23
  • 20-Jun-24
  • 18-Jul-24
  • 15-Aug-24
  • 19-Sep-24
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Recommendations19-Sep-24
Buy3
Outperform1
Hold0
Sell0
Strong Sell0

Share price forecast in CNY

The one analyst offering a 12 month price target expects Red Avenue New Materials Group Co Ltd share price to rise to 32.00 in the next year from the last price of 25.49.
High25.5%32.00
Med25.5%32.00
Low25.5%32.00

Dividends

In 2023, Red Avenue New Materials Group Co Ltd reported a dividend of 0.59 CNY, which represents a significant increase over last year. The analyst covering the company expects dividends of 0.82 CNY for the upcoming fiscal year, an increase of 38.98%.
Div growth (TTM)637.50%
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Earnings history & estimates in CNY

Red Avenue New Materials Group Co Ltd reported annual 2023 earnings of 0.68 per share on Apr 24, 2024.
Average growth rate+7.64%
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Revenue history & estimates in CNY

Red Avenue New Materials Group Co., Ltd. had revenues for the full year 2023 of 2.94bn. This was 17.74% above the prior year's results.
Average growth rate+7.88%
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