Red Avenue New Materials Group Co., Ltd.

Shanghai Stock Exchange:603650.SS

Sector

🧪 Materials

Industries

🔬 Chemicals & Advanced Materials

🧱 Cement

🏗 Construction Materials

🌿 Fertilizers

🛢 Petrochemicals

⚗️ Plastics

Location

China

Market Cap

USD 2.78 B

Share Price

USD 4.64

Avg Daily Volume

5,434,372

Change (1 day)

-0.10%

Change (1 year)

23.36%

Change (YTD)

-3.17%

Red Avenue New Materials Group Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2024: 6.46

Red Avenue New Materials Group Co., Ltd. Interest Coverage Ratio is 6.46 for the year ending December 31, 2024, a 6.92% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Red Avenue New Materials Group Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2023 was 6.04, a 57.93% change year over year.
Red Avenue New Materials Group Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2022 was 3.83, a 4.69% change year over year.
Red Avenue New Materials Group Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2021 was 3.66, a -62.66% change year over year.
Red Avenue New Materials Group Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2020 was 9.79, a -30.17% change year over year.