Red Avenue New Materials Group Co (SHSE:603650) Other Income (Expense) : ¥307 Mil (TTM As of Mar. 2025)

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What is Red Avenue New Materials Group Co Other Income (Expense)?

Red Avenue New Materials Group Co's other income expense for the Red Avenue New Materials Group Co's pretax income for the three months ended in Mar. 2025 was ¥104 Mil. Its other income expense for the trailing twelve months (TTM) ended in Mar. 2025 was ¥307 Mil.

Red Avenue New Materials Group Co Other Income (Expense) Historical Data

The historical data trend for Red Avenue New Materials Group Co's Other Income (Expense) 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.

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Red Avenue New Materials Group Co Other Income (Expense) Chart

Red Avenue New Materials Group Co Annual Data

Trend

Dec15

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Dec21

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Dec24

Other Income (Expense)

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132.13

187.29

170.72

228.15

300.97

Red Avenue New Materials Group Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Other Income (Expense)	Get a 7-Day Free Trial															98.43	103.04	83.36	16.14	104.37

Red Avenue New Materials Group Co Other Income (Expense) Calculation

Other income expense includes minority interest. Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company.

Other Income (Expense) for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥307 Mil.

Red Avenue New Materials Group Co (SHSE:603650) Other Income (Expense) Explanation

Minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

Red Avenue New Materials Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Red Avenue New Materials Group Co Ltd (SHSE:603650) » Definitions » Other Income (Expense)

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.33 Shiqiao Road Garden, Room 901, China (Shanghai) Pilot Free Trade Zone, Shanghai, CHN, 200120

Website

http://www.rachem.com

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.

Executives

Yu Yao Ming	Directors, senior managers
Yuan Min Jian	Directors, senior managers
Zhang Xu Dong	senior management
Tang Jie	senior management
Hao Kai	senior management
Ding Lin	Directors, senior managers
	Director
Han Ming	senior management
Yuan Xiao Lei	senior management
Zhao Yan Chao	senior management
	senior management
Mao Xiao Dong	senior management
Dong Xiang Long	senior management

Red Avenue New Materials Group Co Headlines

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