Nanjing Shining Electric Automation Co (BJSE:920299) Research & Development: ¥11.3 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BJSE:920299 Nanjing Shining Electric Automation Co Ltd BJSE:920299
69 GF Score
Price ¥16.92
GF Value ¥10.87
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Nanjing Shining Electric Automation Co Research & Development?

Nanjing Shining Electric Automation Co BJSE:920299 69 Research & Development is ¥11.3 Mil as of Mar. 2026. GuruFocus rates BJSE:920299 with a GF Score™ of 69/100 and a GF Value™ of ¥10.87 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Nanjing Shining Electric Automation Co's Research & Development for the three months ended in Mar. 2026 was ¥3.1 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥11.3 Mil.


Nanjing Shining Electric Automation Co  (BJSE:920299) 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.


Nanjing Shining Electric Automation Co Research & Development Related Terms


Nanjing Shining Electric Automation Co Research & Development Historical Data

* Premium members only.

The historical data trend for Nanjing Shining Electric Automation 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.

Nanjing Shining Electric Automation Co Research & Development Chart

Nanjing Shining Electric Automation 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 5.51 8.69 10.58 11.59 10.97

Nanjing Shining Electric Automation 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 2.75 2.78 2.53 2.91 3.09
BJSE:920299
69GF Score
Nanjing Shining Electric Automation Co Ltd BJSE:920299
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nanjing Shining Electric Automation 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 ¥11.3 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 ¥11.3 Mil mean?
Nanjing Shining Electric Automation Co (BJSE:920299) has a Research & Development of ¥11.3 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Nanjing Shining Electric Automation Co and its competitors.
Is Nanjing Shining Electric Automation Co's Research & Development too high?
Nanjing Shining Electric Automation Co's current Research & Development is ¥11.3 Mil. Overall, Nanjing Shining Electric Automation Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nanjing Shining Electric Automation Co's Research & Development compare to VRT and BE?
Nanjing Shining Electric Automation Co's Research & Development of ¥11.3 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 Nanjing Shining Electric Automation Co and its competitors. Nanjing Shining Electric Automation Co's current Research & Development is ¥11.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nanjing Shining Electric Automation Co stock overvalued right now?
Based on GuruFocus' analysis, Nanjing Shining Electric Automation Co (BJSE:920299) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥10.87, compared to a current price of ¥16.92 — trading 55.7% above its estimated fair value. The current Research & Development is ¥11.3 Mil. Nanjing Shining Electric Automation Co's overall GF Score™ is 69/100 with 2 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 Nanjing Shining Electric Automation Co (BJSE:920299), the current Research & Development is ¥11.3 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 Nanjing Shining Electric Automation Co (BJSE:920299) Overvalued in 2026?

Based on GuruFocus' analysis, Nanjing Shining Electric Automation Co stock appears to be overvalued. The current stock price of ¥16.92 is trading 55.7% above its estimated GF Value™ of ¥10.87. GuruFocus considers Nanjing Shining Electric Automation Co to be Significantly Overvalued.

Key valuation signals for BJSE:920299:

  • Research & Development: ¥11.3 Mil
  • GF Value™: ¥10.87 vs. price of ¥16.92 (55.7% above fair value)
  • GF Score™: 69/100 with 2 warning signs

No single metric tells the full story. See the BJSE:920299 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nanjing Shining Electric Automation Co Business Description

Address No. 201, Lanxia Road, Moling Street, Jiangning District, Jiangsu Province, Nanjing City, CHN, 211111
Nanjing Shining Electric Automation Co Ltd engages in the research and development, production, and sales of power quality monitoring equipment and systems. It is also providing technical services such as power quality testing and evaluation. Its product categories comprise Power Quality Monitoring Devices, Power Quality Analyzers, and Power Quality Control Products.
69GF Score

Get the complete analysis for BJSE:920299

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

¥16.92
Price
¥10.87
GF Value