Red Avenue New Materials Group Co (SHSE:603650) Total Liabilities: ¥5,214 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:603650 Red Avenue New Materials Group Co Ltd SHSE:603650
73 GF Score
Price ¥64.89
GF Value ¥39.94
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Red Avenue New Materials Group Co Total Liabilities?

Red Avenue New Materials Group Co SHSE:603650 +0.40% 73 Total Liabilities is ¥5,214 Mil as of Mar. 2026. GuruFocus rates SHSE:603650 with a GF Score™ of 73/100 and a GF Value™ of ¥39.94 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Red Avenue New Materials Group Co's Total Liabilities for the quarter that ended in Mar. 2026 was ¥5,214 Mil.

Red Avenue New Materials Group Co's quarterly Total Liabilities declined from Sep. 2025 (¥5,427.46 Mil) to Dec. 2025 (¥4,960.04 Mil) but then increased from Dec. 2025 (¥4,960.04 Mil) to Mar. 2026 (¥5,213.71 Mil).

Red Avenue New Materials Group Co's annual Total Liabilities increased from Dec. 2023 (¥3,829.01 Mil) to Dec. 2024 (¥4,949.80 Mil) and increased from Dec. 2024 (¥4,949.80 Mil) to Dec. 2025 (¥4,960.04 Mil).


Red Avenue New Materials Group Co Total Liabilities Historical Data

* Premium members only.

The historical data trend for Red Avenue New Materials Group Co's Total Liabilities 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 Total Liabilities Chart

Red Avenue New Materials Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,138.39 3,718.99 3,829.01 4,949.80 4,960.04

Red Avenue New Materials Group Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Liabilities 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 5,179.98 5,450.55 5,427.46 4,960.04 5,213.71
SHSE:603650
73GF Score
Red Avenue New Materials Group Co Ltd SHSE:603650
Total Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Red Avenue New Materials Group Co Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Red Avenue New Materials Group Co's Total Liabilities for the fiscal year that ended in Dec. 2025 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=3073.789+(1712.579+173.675
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=4,960

Total Liabilities=Total Assets (A: Dec. 2025 )-Total Equity (A: Dec. 2025 )
=9218.736-4258.693
=4,960

Red Avenue New Materials Group Co's Total Liabilities for the quarter that ended in Mar. 2026 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=3592.205+(1445.734+175.769
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=5,214

Total Liabilities=Total Assets (Q: Mar. 2026 )-Total Equity (Q: Mar. 2026 )
=9618.839-4405.131
=5,214

* 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.

Frequently Asked Questions Learn more about Total Liabilities →
What does a Total Liabilities of ¥5,214 Mil mean?
Red Avenue New Materials Group Co (SHSE:603650) has a Total Liabilities of ¥5,214 Mil as of Mar. 2026. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Red Avenue New Materials Group Co and its competitors.
Is Red Avenue New Materials Group Co's Total Liabilities too high?
Red Avenue New Materials Group Co's current Total Liabilities is ¥5,214 Mil. Overall, Red Avenue New Materials Group Co has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Red Avenue New Materials Group Co's Total Liabilities compare to LIN and SHW?
Red Avenue New Materials Group Co's Total Liabilities of ¥5,214 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 Total Liabilities for a Chemicals company?
A good Total Liabilities depends on the Chemicals industry context. However, Total Liabilities 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 Total Liabilities mean?
A high Total Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Red Avenue New Materials Group Co and its competitors. Red Avenue New Materials Group Co's current Total Liabilities is ¥5,214 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 ¥39.94, compared to a current price of ¥64.89 — trading 62.5% above its estimated fair value. The current Total Liabilities is ¥5,214 Mil. Red Avenue New Materials Group Co's overall GF Score™ is 73/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Liabilities calculated?
Total Liabilities is calculated from a company's financial statements. For Red Avenue New Materials Group Co (SHSE:603650), the current Total Liabilities is ¥5,214 Mil as of Mar. 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 ¥64.89 is trading 62.5% above its estimated GF Value™ of ¥39.94. GuruFocus considers Red Avenue New Materials Group Co to be Significantly Overvalued.

Key valuation signals for SHSE:603650:

  • Total Liabilities: ¥5,214 Mil
  • GF Value™: ¥39.94 vs. price of ¥64.89 (62.5% above fair value)
  • GF Score™: 73/100 with 7 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.
73GF Score

Get the complete analysis for SHSE:603650

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

¥64.89
Price
¥39.94
GF Value