Angang Steel Co (FRA:GNV) Research & Development: €57 Mil (TTM As of Mar. 2026)


FRA:GNV Angang Steel Co Ltd FRA:GNV
57 GF Score
Price €0.12
GF Value €0.13
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Angang Steel Co Research & Development?

Angang Steel Co FRA:GNV -3.39% 57 Research & Development is €57 Mil as of Mar. 2026. GuruFocus rates FRA:GNV with a GF Score™ of 57/100 and a GF Value™ of €0.13 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Angang Steel 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 €57 Mil.

Angang Steel Co  (FRA:GNV) 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.

Angang Steel Co Research & Development Related Terms

Angang Steel Co Research & Development Historical Data

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The historical data trend for Angang Steel 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.

Angang Steel Co Research & Development Chart

Angang Steel 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 88.93 98.44 63.32 61.39 57.96

Angang Steel 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 15.06 17.03 11.96 14.43 13.93
FRA:GNV
57GF Score
Angang Steel Co Ltd FRA:GNV
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Angang Steel 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 €57 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 €57 Mil mean?
Angang Steel Co (FRA:GNV) has a Research & Development of €57 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Angang Steel Co and its competitors.
Is Angang Steel Co's Research & Development too high?
Angang Steel Co's current Research & Development is €57 Mil. Overall, Angang Steel Co has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Angang Steel Co's Research & Development compare to NUE and STLD?
Angang Steel Co's Research & Development of €57 Mil can be compared against companies in the Steel 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 Steel company?
A good Research & Development depends on the Steel 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 Angang Steel Co and its competitors. Angang Steel Co's current Research & Development is €57 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Angang Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Angang Steel Co (FRA:GNV) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.13, compared to a current price of €0.12 — trading 10.8% below its estimated fair value. The current Research & Development is €57 Mil. Angang Steel Co's overall GF Score™ is 57/100 with 5 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 Angang Steel Co (FRA:GNV), the current Research & Development is €57 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 Angang Steel Co (FRA:GNV) Overvalued in 2026?

Based on GuruFocus' analysis, Angang Steel Co stock appears to be undervalued. The current stock price of €0.12 is trading 10.8% below its estimated GF Value™ of €0.13. GuruFocus considers Angang Steel Co to be Modestly Undervalued.

Key valuation signals for FRA:GNV:

  • Research & Development: €57 Mil
  • GF Value™: €0.13 vs. price of €0.12 (10.8% below fair value)
  • GF Score™: 57/100 with 5 warning signs

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

Angang Steel Co Business Description

Address Production Area of Angang Steel, Tie Xi District, Liaoning Province, Anshan, CHN, 114021
Angang Steel Co Ltd is engaged in the iron and steel manufacturing industry, and at the same time focuses on developing emerging industries related to its core iron and steel business, including steel processing and distribution, the chemical industry, green energy, and resource recycling and utilization. The company is classified into the following operating segments based on the type of business: production and sale of steel products. Its products have diversified structures and include hot rolled sheets, medium and thick plates, cold rolled sheets, color coating plates, heavy rails, seamless steel pipes and wire rods, and other products. Geographically, the company derives a majority of its revenue from China, and also exports its products to other regions.
57GF Score

Get the complete analysis for FRA:GNV

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

€0.12
Price
€0.13
GF Value