Red Avenue New Materials Group Co (SHSE:603650) Other Current Payables: ¥304 Mil (As of Jun. 2026)

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SHSE:603650 Red Avenue New Materials Group Co Ltd SHSE:603650
76 GF Score
Price ¥64.47
GF Value ¥42.02
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Red Avenue New Materials Group Co Other Current Payables?

Red Avenue New Materials Group Co SHSE:603650 -1.36% 76 Other Current Payables is ¥304 Mil as of Jun. 2026. GuruFocus rates SHSE:603650 with a GF Score™ of 76/100 and a GF Value™ of ¥42.02 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Red Avenue New Materials Group Co's Other Current Payables for the quarter that ended in Jun. 2026 was ¥304 Mil.

Red Avenue New Materials Group Co's quarterly Other Current Payables declined from Dec. 2025 (¥351 Mil) to Mar. 2026 (¥311 Mil) and declined from Mar. 2026 (¥311 Mil) to Jun. 2026 (¥304 Mil).

Red Avenue New Materials Group Co's annual Other Current Payables increased from Dec. 2023 (¥276 Mil) to Dec. 2024 (¥342 Mil) and increased from Dec. 2024 (¥342 Mil) to Dec. 2025 (¥351 Mil).

Red Avenue New Materials Group Co Other Current Payables Related Terms

Red Avenue New Materials Group Co Other Current Payables Historical Data

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The historical data trend for Red Avenue New Materials Group Co's Other Current Payables can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Red Avenue New Materials Group Co Other Current Payables Chart

Red Avenue New Materials Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Other Current Payables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 225.62 184.70 276.27 342.07 350.96

Red Avenue New Materials Group Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Other Current Payables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 331.99 363.10 350.96 310.61 303.87
SHSE:603650
76GF Score
Red Avenue New Materials Group Co Ltd SHSE:603650
Other Current Payables is just one metric. See GF Score™, valuation, warning signs, and more.
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Red Avenue New Materials Group Co Other Current Payables Calculation

Other Current Payables is the payables owed and expected to be paid within one year or one operating cycle that not otherwise classified. It includes dividends payable and all other current payables.

Frequently Asked Questions Learn more about Other Current Payables →
What does a Other Current Payables of ¥304 Mil mean?
Red Avenue New Materials Group Co (SHSE:603650) has a Other Current Payables of ¥304 Mil as of Jun. 2026. Other Current Payables is the payables owed and expected to be paid within one year that not otherwise classified. View historical data on Red Avenue New Materials Group Co and its competitors.
Is Red Avenue New Materials Group Co's Other Current Payables too high?
Red Avenue New Materials Group Co's current Other Current Payables is ¥304 Mil. Overall, Red Avenue New Materials Group Co has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Red Avenue New Materials Group Co's Other Current Payables compare to LIN and SHW?
Red Avenue New Materials Group Co's Other Current Payables of ¥304 Mil can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Other Current Payables for a Chemicals company?
A good Other Current Payables depends on the Chemicals industry context. However, Other Current Payables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Other Current Payables mean?
A high Other Current Payables can signal that a stock is expensive relative to its fundamentals. Other Current Payables is the payables owed and expected to be paid within one year that not otherwise classified. View historical data on Red Avenue New Materials Group Co and its competitors. Red Avenue New Materials Group Co's current Other Current Payables is ¥304 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Red Avenue New Materials Group Co stock overvalued right now?
Based on GuruFocus' analysis, Red Avenue New Materials Group Co (SHSE:603650) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥42.02, compared to a current price of ¥64.47 — trading 53.4% above its estimated fair value. The current Other Current Payables is ¥304 Mil. Red Avenue New Materials Group Co's overall GF Score™ is 76/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Current Payables calculated?
Other Current Payables is calculated from a company's financial statements. For Red Avenue New Materials Group Co (SHSE:603650), the current Other Current Payables is ¥304 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Red Avenue New Materials Group Co (SHSE:603650) Overvalued in 2026?

Based on GuruFocus' analysis, Red Avenue New Materials Group Co stock appears to be overvalued. The current stock price of ¥64.47 is trading 53.4% above its estimated GF Value™ of ¥42.02. GuruFocus considers Red Avenue New Materials Group Co to be Significantly Overvalued.

Key valuation signals for SHSE:603650:

  • Other Current Payables: ¥304 Mil
  • GF Value™: ¥42.02 vs. price of ¥64.47 (53.4% above fair value)
  • GF Score™: 76/100 with 6 warning signs

No single metric tells the full story. See the SHSE:603650 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Red Avenue New Materials Group Co Business Description

Address No.33 Shiqiao Road Garden, Room 901, China (Shanghai) Pilot Free Trade Zone, Shanghai, CHN, 200120
Red Avenue New Materials Group Co Ltd is a China-based company engages in the manufacture and sale of chemical products. The company produces rubber and plastic chemical additives and other products. The products manufactured by the company include polyethylene glycol, silica, alkylphenol disulfides, and cobalt neodecanoate. Its main products are phenolic resins for rubber, including tackifying resins, reinforcing resins and adhesive resins.
76GF Score

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Other Current Payables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥64.47
Price
¥42.02
GF Value