ShanDong Inov Polyurethane Co (BJSE:920261) Research & Development: ¥55 Mil (TTM As of Mar. 2026)

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BJSE:920261 ShanDong Inov Polyurethane Co Ltd BJSE:920261
73 GF Score
Price ¥12.89
GF Value ¥11.74
Valuation Fairly Valued
! 3 Warning Signs
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What is ShanDong Inov Polyurethane Co Research & Development?

ShanDong Inov Polyurethane Co BJSE:920261 73 Research & Development is ¥55 Mil as of Mar. 2026. GuruFocus rates BJSE:920261 with a GF Score™ of 73/100 and a GF Value™ of ¥11.74 (Fairly Valued). The stock has 3 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. ShanDong Inov Polyurethane Co's Research & Development for the three months ended in Mar. 2026 was ¥14 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥55 Mil.

ShanDong Inov Polyurethane Co  (BJSE:920261) 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.

ShanDong Inov Polyurethane Co Research & Development Related Terms

ShanDong Inov Polyurethane Co Research & Development Historical Data

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The historical data trend for ShanDong Inov Polyurethane 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.

ShanDong Inov Polyurethane Co Research & Development Chart

ShanDong Inov Polyurethane 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 61.52 51.56 46.13 44.53 52.92

ShanDong Inov Polyurethane 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 12.38 12.96 13.71 13.87 14.30
BJSE:920261
73GF Score
ShanDong Inov Polyurethane Co Ltd BJSE:920261
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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ShanDong Inov Polyurethane 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 ¥55 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 ¥55 Mil mean?
ShanDong Inov Polyurethane Co (BJSE:920261) has a Research & Development of ¥55 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on ShanDong Inov Polyurethane Co and its competitors.
Is ShanDong Inov Polyurethane Co's Research & Development too high?
ShanDong Inov Polyurethane Co's current Research & Development is ¥55 Mil. Overall, ShanDong Inov Polyurethane Co has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ShanDong Inov Polyurethane Co's Research & Development compare to LIN and SHW?
ShanDong Inov Polyurethane Co's Research & Development of ¥55 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 Research & Development for a Chemicals company?
A good Research & Development depends on the Chemicals 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 ShanDong Inov Polyurethane Co and its competitors. ShanDong Inov Polyurethane Co's current Research & Development is ¥55 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ShanDong Inov Polyurethane Co stock overvalued right now?
Based on GuruFocus' analysis, ShanDong Inov Polyurethane Co (BJSE:920261) is currently considered Fairly Valued. The stock's GF Value™ is ¥11.74, compared to a current price of ¥12.89 — trading 9.8% above its estimated fair value. The current Research & Development is ¥55 Mil. ShanDong Inov Polyurethane Co's overall GF Score™ is 73/100 with 3 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 ShanDong Inov Polyurethane Co (BJSE:920261), the current Research & Development is ¥55 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 ShanDong Inov Polyurethane Co (BJSE:920261) Overvalued in 2026?

Based on GuruFocus' analysis, ShanDong Inov Polyurethane Co stock appears to be overvalued. The current stock price of ¥12.89 is trading 9.8% above its estimated GF Value™ of ¥11.74. GuruFocus considers ShanDong Inov Polyurethane Co to be Fairly Valued.

Key valuation signals for BJSE:920261:

  • Research & Development: ¥55 Mil
  • GF Value™: ¥11.74 vs. price of ¥12.89 (9.8% above fair value)
  • GF Score™: 73/100 with 3 warning signs

No single metric tells the full story. See the BJSE:920261 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

ShanDong Inov Polyurethane Co Business Description

Address No. 5577 Baoshan Road, High-tech Zone, Shandong Province, Zibo City, CHN, 255000
ShanDong Inov Polyurethane Co Ltd engages in research and development, production, and sales of polyurethane raw materials and other downstream derivatives of EO and PO, and undertakes the construction of sports venues such as plastic tracks. Its product portfolio consists of Casting Polyurethane Prepolymer, Thermoplastic Polyurethane granules, PU flooring material, HR Foam system materials, Polyurethane foam system for footwear, Polyol, and Modified MDI.
73GF Score

Get the complete analysis for BJSE:920261

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

¥12.89
Price
¥11.74
GF Value