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Employees: 1,297
Size Red Avenue New Materials (9607.HK) is a Hong Kong Materials company (Chemicals: Specialty) with a market value of $4.35B, the 282nd largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$36.82 on 6 Nov 2026.
Growth Revenue grew 30.2% over the last twelve months (peer median +10.3%); the operating margin is 9.4% (peer median 10.6%).
Valuation It trades at 26.9× forward earnings against a peer median of 18.4× (8th most expensive of 21).
Capital Return on invested capital runs 0.6 points above its cost of capital (5.2% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | HK$4.74B | HK$3.71B | HK$3.54B | HK$3.25B | HK$2.90B |
| Revenue growth | — | +5% | +9% | +12% | — |
| Gross profit | HK$1.21B | HK$804M | HK$795M | HK$688M | HK$629M |
| EBITDA | n/a | HK$527M | HK$492M | HK$417M | HK$362M |
| Net income | HK$674M | HK$610M | HK$560M | HK$449M | HK$347M |
| Free cash flow | -HK$165M | HK$160M | HK$85.6M | HK$77.7M | -HK$262M |
| Capital expenditure | HK$546M | HK$340M | HK$277M | HK$188M | HK$422M |
| Total debt | HK$4.90B | HK$4.39B | HK$4.28B | HK$3.24B | HK$3.18B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 9607.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -7.9% | -5.1% | 7th lowest of 21 |
| Distance from 52-week high | -15.1% | -39.2% | 5th highest of 21 |
| Revenue growth (TTM) | +30.2% | +10.3% | 3rd highest of 21 |
| Operating margin | 9.4% | 10.6% | 9th lowest of 21 |
| Forward P/E | 26.9× | 18.4× | 8th most expensive of 21 |
| ROIC minus cost of capital | +0.6 pp | +1.3 pp | 11th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Red Avenue New Materials 9607.HK | Hong Kong | $4.35B | n/a | +30% | 9% | 26.9× | n/a | n/a |
| Guangxi Huaxi Nonferrous Metal 600301.SS | China | $4.33B | -15% | +24% | 32% | 22.9× | 9.2% | +44.9% |
| Clariant CLN.SW | Switzerland | $4.32B | +46% | -7% | 10% | 16.0× | -3.4% | +0.3% |
| Jiangsu Nata Opto-electronic Material 300346.SZ | China | $4.29B | -22% | +15% | 16% | 62.1× | 35.6% | +34.2% |
| GEM 002340.SZ | China | $4.43B | -36% | +2% | 7% | 15.7× | 4.2% | +24.4% |
| Cathay Biotech 688065.SS | China | $4.22B | -19% | +9% | 18% | 38.8× | n/a | n/a |
| Far Eastern New Century 1402.TW | Taiwan | $4.49B | +8% | 0% | 6% | 11.8× | 5.3% | +4.2% |
| Zhejiang Sanmei Chemical Industry 603379.SS | China | $4.64B | -22% | +24% | 41% | 13.5× | 5.4% | +16.5% |
| Do-Fluoride New Materials 002407.SZ | China | $4.06B | -36% | +69% | 7% | 38.0× | 19.2% | +17.5% |
| Tosoh 4042.T | Japan | $4.69B | -4% | -1% | 11% | 11.4× | -1.5% | +6.8% |
| Dottikon ES DESN.SW | Switzerland | $4.72B | -24% | +11% | 27% | 37.6× | 12.6% | +14.4% |
| Bluestar Adisseo 600299.SS | China | $3.97B | -35% | +15% | 13% | 11.8× | -8.6% | +7.7% |
| Air Water 4088.T | Japan | $3.93B | +23% | +7% | 4% | 14.3× | 7.1% | +6.8% |
| IMEIK Technology Development 300896.SZ | China | $3.92B | -21% | -7% | 45% | 23.3× | 18.8% | +28.0% |
| Hangzhou Oxygen Plant 002430.SZ | China | $3.89B | -16% | +16% | 11% | 20.9× | 2.9% | +8.5% |
| Navin Fluorine International NAVINFLUOR.NS | India | $4.89B | +27% | +46% | 30% | 45.6× | 34.0% | +22.7% |
| Sumitomo Chemical 4005.T | Japan | $4.93B | -7% | -2% | 5% | 6.9× | 1.1% | +0.4% |
| Pangang Group Vanadium & Titanium Resources 000629.SZ | China | $3.83B | -24% | +6% | 4% | 68.8× | 27.2% | -3.4% |
| Mitsubishi Gas Chemical 4182.T | Japan | $3.78B | -31% | +3% | 8% | 10.6× | n/a | n/a |
| Novoray 688300.SS | China | $3.76B | -9% | +23% | 26% | 52.7× | 47.6% | +22.6% |
| Ningbo Shanshan 600884.SS | China | $3.71B | -34% | +30% | 9% | 14.4× | 4.5% | +21.3% |