Red Financial Statements From 2010 to 2024
| 603650 Stock | 35.75 0.40 1.11% |
Check Red Avenue financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Red Avenue's main balance sheet or income statement drivers, such as , as well as many indicators such as . Red financial statements analysis is a perfect complement when working with Red Avenue Valuation or Volatility modules.
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Red Avenue New Company Current Valuation Analysis
Red Avenue's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Red Avenue Current Valuation | 24.01 B |
Most of Red Avenue's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Red Avenue New is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Red Avenue New has a Current Valuation of 24.01 B. This is 110.44% higher than that of the Chemicals sector and 22.06% lower than that of the Materials industry. The current valuation for all China stocks is 44.43% lower than that of the firm.
Red Avenue New Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Red Avenue's current stock value. Our valuation model uses many indicators to compare Red Avenue value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Red Avenue competition to find correlations between indicators driving Red Avenue's intrinsic value. More Info.Red Avenue New is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.16 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Red Avenue New is roughly 6.28 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Red Avenue by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Red Avenue's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Red Avenue Financial Statements
Red Avenue stakeholders use historical fundamental indicators, such as Red Avenue's revenue or net income, to determine how well the company is positioned to perform in the future. Although Red Avenue investors may analyze each financial statement separately, they are all interrelated. For example, changes in Red Avenue's assets and liabilities are reflected in the revenues and expenses on Red Avenue's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Red Avenue New. Please read more on our technical analysis and fundamental analysis pages.
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Other Information on Investing in Red Stock
Red Avenue financial ratios help investors to determine whether Red Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Red with respect to the benefits of owning Red Avenue security.