Red Avenue New Materials Group Co., Ltd.

Name: Red Avenue New Materials Group Co., Ltd. Financial Statements
Creator: AlphaPilot

603650.SS · SHH

	12/31/2024	12/31/2023	12/31/2022	12/31/2021
Revenue	CN¥3,270	CN¥2,944	CN¥2,500	CN¥2,320
% Growth	11.1%	17.7%	7.7%	–
Cost of Goods Sold	CN¥2,468	CN¥2,252	CN¥1,900	CN¥1,763
Gross Profit	CN¥803	CN¥691	CN¥600	CN¥558
% Margin	24.5%	23.5%	24%	24%
R&D Expenses	CN¥217	CN¥180	CN¥158	CN¥147
G&A Expenses	CN¥181	CN¥170	CN¥166	CN¥139
SG&A Expenses	CN¥293	CN¥263	CN¥239	CN¥208
Sales & Mktg Exp.	CN¥112	CN¥92	CN¥73	CN¥69
Other Operating Expenses	-CN¥172	-CN¥179	-CN¥99	-CN¥130
Operating Expenses	CN¥337	CN¥264	CN¥298	CN¥224
Operating Income	CN¥466	CN¥427	CN¥302	CN¥334
% Margin	14.2%	14.5%	12.1%	14.4%
Other Income/Exp. Net	CN¥84	-CN¥0	CN¥4	CN¥1
Pre-Tax Income	CN¥550	CN¥427	CN¥306	CN¥335
Tax Expense	CN¥16	CN¥23	CN¥25	CN¥25
Net Income	CN¥517	CN¥407	CN¥298	CN¥327
% Margin	15.8%	13.8%	11.9%	14.1%
EPS	0.87	0.68	0.5	0.55
% Growth	27.9%	36%	-9.1%	–
EPS Diluted	0.87	0.68	0.49	0.55
Weighted Avg Shares Out	596	598	594	594
Weighted Avg Shares Out Dil	596	598	608	594
Supplemental Information	–	–	–	–
Interest Income	CN¥27	CN¥19	CN¥14	CN¥18
Interest Expense	CN¥99	CN¥84	CN¥77	CN¥79
Depreciation & Amortization	CN¥149	CN¥137	CN¥117	CN¥87
EBITDA	CN¥445	CN¥374	CN¥304	CN¥279
% Margin	13.6%	12.7%	12.2%	12%