Red Avenue New Materials Group Co., Ltd.
603650
Rank in Stocks
#3747
Founded in Shanghai, China, in 1999, Red Avenue New Materials Group Co., Ltd.... Founded in Shanghai, China, in 1999, Red Avenue New Materials Group Co., Ltd. is primarily involved in the manufacturing and worldwide distribution of chemical materials. The company's diverse offerings include tackifying resins, phenol-formaldehyde reinforcing agents, adhesion promoters, bonding compounds, curing resins, and various additives. Beyond its own production, Red Avenue New Materials Group also acts as a distributor for a broad spectrum of other chemical products.
Share Price
$7.14
Market Cap
$4.40B
Change (1 day)
-4.52%
Change (1 year)
24.79%
Country
CN
Trade Red Avenue New Materials Group Co., Ltd. (603650)
Category
Basic Materials
Operating Margin for Red Avenue New Materials Group Co., Ltd. (603650)
Operating Margin as of October 2026 TTM: 8.55%
According to Red Avenue New Materials Group Co., Ltd. latest financial reports and stock price the company's current Operating Margin (TTM) is 8.55%. At the end of 2024 the company had an Operating Margin of 14.24%.
Operating Margin history for Red Avenue New Materials Group Co., Ltd. from 2014 to 2026
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2026 (TTM) | 8.55% | 3.51% |
| 2025 | 8.26% | -41.99% |
| 2024 | 14.24% | -1.93% |
| 2023 | 14.52% | 20.20% |
| 2022 | 12.08% | -15.99% |
| 2021 | 14.38% | -37.26% |
| 2020 | 22.92% | 38.99% |
| 2019 | 16.49% | -27.32% |
| 2018 | 22.69% | 10.41% |
| 2017 | 20.55% | -0.48% |
| 2016 | 20.65% | 152.44% |
| 2015 | 8.18% | -15.58% |
| 2014 | 9.69% | 0.00% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin Difference | Country |
|---|---|---|---|
| 27.10% | -96.83% |
GB
|
|
| 21.22% | -97.52% |
FR
|
|
| 16.36% | -98.09% |
US
|
|
| 17.37% | -97.97% |
US
|
|
| -4.71% | -100.55% |
US
|
What is a company's Operating Margin?
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.