Power Glory Battery Tech Shenzhen Co (BJSE:920237) Research & Development: ¥18.5 Mil (TTM As of Mar. 2026)

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BJSE:920237 Power Glory Battery Tech Shenzhen Co Ltd BJSE:920237
81 GF Score
Price ¥12.70
GF Value ¥15.24
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Power Glory Battery Tech Shenzhen Co Research & Development?

Power Glory Battery Tech Shenzhen Co BJSE:920237 81 Research & Development is ¥18.5 Mil as of Mar. 2026. GuruFocus rates BJSE:920237 with a GF Score™ of 81/100 and a GF Value™ of ¥15.24 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Power Glory Battery Tech Shenzhen Co's Research & Development for the three months ended in Mar. 2026 was ¥3.5 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥18.5 Mil.

Power Glory Battery Tech Shenzhen Co  (BJSE:920237) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Power Glory Battery Tech Shenzhen Co Research & Development Related Terms

Power Glory Battery Tech Shenzhen Co Research & Development Historical Data

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The historical data trend for Power Glory Battery Tech Shenzhen Co's Research & Development 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.

Power Glory Battery Tech Shenzhen Co Research & Development Chart

Power Glory Battery Tech Shenzhen Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.59 14.75 18.60 19.97 20.65

Power Glory Battery Tech Shenzhen Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development 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 5.68 5.65 5.18 4.14 3.53
BJSE:920237
81GF Score
Power Glory Battery Tech Shenzhen Co Ltd BJSE:920237
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Power Glory Battery Tech Shenzhen Co Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥18.5 Mil.

* 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 Research & Development →
What does a Research & Development of ¥18.5 Mil mean?
Power Glory Battery Tech Shenzhen Co (BJSE:920237) has a Research & Development of ¥18.5 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Power Glory Battery Tech Shenzhen Co and its competitors.
Is Power Glory Battery Tech Shenzhen Co's Research & Development too high?
Power Glory Battery Tech Shenzhen Co's current Research & Development is ¥18.5 Mil. Overall, Power Glory Battery Tech Shenzhen Co has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Power Glory Battery Tech Shenzhen Co's Research & Development compare to VRT and BE?
Power Glory Battery Tech Shenzhen Co's Research & Development of ¥18.5 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for an Industrial Products company?
A good Research & Development depends on the Industrial Products industry context. However, Research & Development 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 Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Power Glory Battery Tech Shenzhen Co and its competitors. Power Glory Battery Tech Shenzhen Co's current Research & Development is ¥18.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Power Glory Battery Tech Shenzhen Co stock overvalued right now?
Based on GuruFocus' analysis, Power Glory Battery Tech Shenzhen Co (BJSE:920237) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥15.24, compared to a current price of ¥12.70 — trading 16.7% below its estimated fair value. The current Research & Development is ¥18.5 Mil. Power Glory Battery Tech Shenzhen Co's overall GF Score™ is 81/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Power Glory Battery Tech Shenzhen Co (BJSE:920237), the current Research & Development is ¥18.5 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 Power Glory Battery Tech Shenzhen Co (BJSE:920237) Overvalued in 2026?

Based on GuruFocus' analysis, Power Glory Battery Tech Shenzhen Co stock appears to be undervalued. The current stock price of ¥12.70 is trading 16.7% below its estimated GF Value™ of ¥15.24. GuruFocus considers Power Glory Battery Tech Shenzhen Co to be Modestly Undervalued.

Key valuation signals for BJSE:920237:

  • Research & Development: ¥18.5 Mil
  • GF Value™: ¥15.24 vs. price of ¥12.70 (16.7% below fair value)
  • GF Score™: 81/100 with 6 warning signs

No single metric tells the full story. See the BJSE:920237 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Power Glory Battery Tech Shenzhen Co Business Description

Address No. 19 Xianfeng Road, Xiaoting District, Hubei Province, Yichang City, CHN, 443007
Power Glory Battery Tech Shenzhen Co Ltd engages in research, development, production, and sales of lithium miniature primary batteries. Its product comprises Lithium-Manganese Button Cell (CR series), Lithium-Manganese Button Cell (CR/PH series), Lithium Manganese Button Cell (CR/HT series), Poly-Carbon Monofluoride Lithium Battery (BR series), Hybrid Lithium-Ion Capacitor Battery (LSC series), Lithium-Manganese Cylindrical Battery, Lithium-Manganese Pouch Battery, Rechargeable Lithium-Manganese Button Cells (ML series), Lithium-Manganese Button Cells (CR-D Low-Temperature series), and Lithium-Manganese Button Cells (CR-T Wide-Temperature series).
81GF Score

Get the complete analysis for BJSE:920237

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

¥12.70
Price
¥15.24
GF Value