Red Avenue New Materials Group Co Stock

Red Avenue New Materials Group Co Stocks 2024

Red Avenue New Materials Group Co Stocks

597.94 M

Ticker

603650.SS

ISIN

CNE1000036G1

In 2024, Red Avenue New Materials Group Co had 597.94 M outstanding stocks, a 0% change from the 597.94 M stocks in the previous year.

The Red Avenue New Materials Group Co Stocks history

YEARNUMBER OF STOCKS (undefined CNY)
2026e597.94
2025e597.94
2024e597.94
2023597.94
2022608.47
2021593.79
2020586
2019586
2018557.1
2017526.6
2016501.7
2015295.3

Red Avenue New Materials Group Co shares outstanding

The number of shares was Red Avenue New Materials Group Co in 2023 — This indicates how many shares 597.939 M is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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Number of stocks
Details

Revenue, EBIT and Earnings per share

Revenue Per Share

Revenue per share represents the total revenue Red Avenue New Materials Group Co earns, divided by the number of outstanding shares. It is a crucial metric as it reflects the company's ability to generate sales and signifies growth and expansion potential. Comparing yearly revenue per share allows investors to analyze the consistency in a company’s earnings and predict future trends.

EBIT Per Share

EBIT per share indicates Red Avenue New Materials Group Co's earning before interest and taxes, offering insights into operational profitability excluding the effects of capital structure and tax rates. It can be juxtaposed against revenue per share to gauge the efficiency in converting sales into profits. A consistent increase in EBIT per share over the years underscores operational efficiency and profitability.

Income Per Share

Income per share, or earnings per share (EPS), reveals the portion of Red Avenue New Materials Group Co’s profit allocated to each share of common stock. It’s instrumental in evaluating the profitability and financial health. By comparing it with revenue and EBIT per share, investors discern how effectively a firm translates sales and operational profits into net income.

Expected Values

Expected values are projections of revenue, EBIT, and income per share for forthcoming years. These anticipations, rooted in historical data and market analysis, aid investors in strategizing their investments, evaluating Red Avenue New Materials Group Co's prospective performance, and estimating future stock prices. However, it’s pivotal to consider market volatilities and uncertainties that can influence these projections.

Red Avenue New Materials Group Co Aktienanalyse

What does Red Avenue New Materials Group Co do?

Red Avenue New Materials Group Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Stocks Details

Evaluating Red Avenue New Materials Group Co's Shares Outstanding

Red Avenue New Materials Group Co's shares outstanding refer to the total number of shares that are currently held by all its shareholders, including institutional investors and restricted shares held by the company’s officers and insiders. The number of shares outstanding is crucial in determining the company's market capitalization and is used by investors to assess the company’s size, financial health, and investment potential.

Year-to-Year Comparison

Tracking the changes in Red Avenue New Materials Group Co’s shares outstanding over the years can provide investors with insights into the company's financial strategies and market valuation. An increase in shares outstanding can result from actions like issuing new shares, while a decrease can result from buybacks.

Impact on Investments

For investors, understanding Red Avenue New Materials Group Co’s shares outstanding is essential for evaluating its earnings per share (EPS) and market valuation. A change in the number of shares outstanding can impact the EPS, which is a significant driver of stock prices and investor decisions.

Interpreting Changes in Shares Outstanding

Variances in Red Avenue New Materials Group Co’s shares outstanding can signal shifts in the company’s financial strategy. An increase may dilute the EPS and share value, indicating potential fundraising or acquisitions. Conversely, a decrease, often due to share buybacks, can enhance share value and indicate the company’s confidence in its financial performance.

Frequently Asked Questions about Red Avenue New Materials Group Co stock

How many stocks are there of Red Avenue New Materials Group Co?

The current number of stocks of Red Avenue New Materials Group Co is 597.94 M undefined.

What does Number of Shares / OutstandingShares mean?

The outstanding shares (or issued shares) of Red Avenue New Materials Group Co are the total number of shares issued and actively held by shareholders - both external investors and company insiders. However, these must be actual shares. may grant stock options to executives that can be converted into shares.

How has the number of shares of Red Avenue New Materials Group Co evolved in recent years?

The number of shares of Red Avenue New Materials Group Co has increased by 0% gestiegen compared to last year.

What does the number of shares mean for investors?

The number of shares outstanding is used to calculate key metrics such as a company's market capitalization, earnings per share (EPS), and cash flow per share (CFPS). The number of outstanding shares of a company is not static and can fluctuate greatly over time.

Why does the number of stocks fluctuate?

There are various factors that can lead to a change. Red Avenue New Materials Group Co as a company can issue new shares, carry out stock splits or reverse splits.

Does the number of shares have an impact on the performance of Red Avenue New Materials Group Co?

There is no tangible long-term evidence or study that stocks with a certain number of shares (regardless of Mega/Large/Mid/Small Cap) would yield significantly higher returns than others. There are occasional small studies (limited number of stocks, short investment period) that certain classes outperform or have higher risk, but none of them are 1. conclusive (cause-effect is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

How much dividend does Red Avenue New Materials Group Co pay?

Over the past 12 months, Red Avenue New Materials Group Co paid a dividend of 0.08 CNY . This corresponds to a dividend yield of about 0.24 %. For the coming 12 months, Red Avenue New Materials Group Co is expected to pay a dividend of 0.09 CNY.

What is the dividend yield of Red Avenue New Materials Group Co?

The current dividend yield of Red Avenue New Materials Group Co is 0.24 %.

When does Red Avenue New Materials Group Co pay dividends?

Red Avenue New Materials Group Co pays a quarterly dividend. This is distributed in the months of August, July, July, November.

How secure is the dividend of Red Avenue New Materials Group Co?

Red Avenue New Materials Group Co paid dividends every year for the past 8 years.

What is the dividend of Red Avenue New Materials Group Co?

For the upcoming 12 months, dividends amounting to 0.09 CNY are expected. This corresponds to a dividend yield of 0.25 %.

In which sector is Red Avenue New Materials Group Co located?

Red Avenue New Materials Group Co is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Red Avenue New Materials Group Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Red Avenue New Materials Group Co from 10/16/2024 amounting to 0.25 CNY, you needed to have the stock in your portfolio before the ex-date on 10/16/2024.

When did Red Avenue New Materials Group Co pay the last dividend?

The last dividend was paid out on 10/16/2024.

What was the dividend of Red Avenue New Materials Group Co in the year 2023?

In the year 2023, Red Avenue New Materials Group Co distributed 0.09 CNY as dividends.

In which currency does Red Avenue New Materials Group Co pay out the dividend?

The dividends of Red Avenue New Materials Group Co are distributed in CNY.

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Andere Kennzahlen von Red Avenue New Materials Group Co

Our stock analysis for Red Avenue New Materials Group Co Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Red Avenue New Materials Group Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.