Red Avenue New Stock Revenue

603650 Stock   34.20  0.38  1.12%   
Red Avenue New fundamentals help investors to digest information that contributes to Red Avenue's financial success or failures. It also enables traders to predict the movement of Red Stock. The fundamental analysis module provides a way to measure Red Avenue's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Red Avenue stock.
Last ReportedProjected for Next Year
Total Revenue2.9 B2.4 B
As of November 26, 2024, Total Revenue is expected to decline to about 2.4 B. In addition to that, Cost Of Revenue is expected to decline to about 1.7 B.
  
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Red Avenue New Company Revenue Analysis

Red Avenue's Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

Revenue

 = 

Money Received

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Discounts and Returns

More About Revenue | All Equity Analysis

Current Red Avenue Revenue

    
  2.94 B  
Most of Red Avenue's fundamental indicators, such as Revenue, 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.

Historical and Projected quarterly revenue of Red

Projected quarterly revenue analysis of Red Avenue New provides investors and stakeholders with an insight into the company's performance and growth prospects. When actual revenues of Red Avenue match or exceed analyst estimates, it positively influences investor confidence and market perception, often leading to a rise in Red Avenue's stock price.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Competition

Red Total Revenue

Total Revenue

2.45 Billion

At present, Red Avenue's Total Revenue is projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Red Avenue New reported 2.94 B of revenue. This is 62.55% lower than that of the Chemicals sector and 33.85% lower than that of the Materials industry. The revenue for all China stocks is 68.8% higher than that of the company.

Red Revenue Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Red Avenue's direct or indirect competition against its Revenue to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Red Avenue could also be used in its relative valuation, which is a method of valuing Red Avenue by comparing valuation metrics of similar companies.
Red Avenue is currently under evaluation in revenue category among its peers.

Red Fundamentals

About Red Avenue Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Red Avenue New's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Red Avenue using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Red Avenue New based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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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.