Yutong Bus Co (SHSE:600066) Research & Development: ¥1,873 Mil (TTM As of Mar. 2026)


SHSE:600066 Yutong Bus Co Ltd SHSE:600066
95 GF Score
Price ¥26.80
GF Value ¥30.65
Valuation Modestly Undervalued
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What is Yutong Bus Co Research & Development?

Yutong Bus Co SHSE:600066 +0.87% 95 Research & Development is ¥1,873 Mil as of Mar. 2026. GuruFocus rates SHSE:600066 with a GF Score™ of 95/100 and a GF Value™ of ¥30.65 (Modestly Undervalued).

Research & Development is the aggregate amount of research and development expenses during the year. Yutong Bus Co's Research & Development for the three months ended in Mar. 2026 was ¥359 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥1,873 Mil.

Yutong Bus Co  (SHSE:600066) 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.

Yutong Bus Co Research & Development Related Terms

Yutong Bus Co Research & Development Historical Data

* Premium members only.

The historical data trend for Yutong Bus 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.

Yutong Bus Co Research & Development Chart

Yutong Bus 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 1,560.77 1,694.31 1,567.64 1,788.27 1,807.73

Yutong Bus 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 293.54 452.68 433.34 628.17 359.29
SHSE:600066
95GF Score
Yutong Bus Co Ltd SHSE:600066
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Yutong Bus 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 ¥1,873 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 ¥1,873 Mil mean?
Yutong Bus Co (SHSE:600066) has a Research & Development of ¥1,873 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Yutong Bus Co and its competitors.
Is Yutong Bus Co's Research & Development too high?
Yutong Bus Co's current Research & Development is ¥1,873 Mil. Overall, Yutong Bus Co has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Yutong Bus Co's Research & Development compare to CAT and DE?
Yutong Bus Co's Research & Development of ¥1,873 Mil can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good Research & Development depends on the Farm & Heavy Construction Machinery 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 Yutong Bus Co and its competitors. Yutong Bus Co's current Research & Development is ¥1,873 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yutong Bus Co stock overvalued right now?
Based on GuruFocus' analysis, Yutong Bus Co (SHSE:600066) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥30.65, compared to a current price of ¥26.80 — trading 12.6% below its estimated fair value. The current Research & Development is ¥1,873 Mil. Yutong Bus Co's overall GF Score™ is 95/100. 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 Yutong Bus Co (SHSE:600066), the current Research & Development is ¥1,873 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 Yutong Bus Co (SHSE:600066) Overvalued in 2026?

Based on GuruFocus' analysis, Yutong Bus Co stock appears to be undervalued. The current stock price of ¥26.80 is trading 12.6% below its estimated GF Value™ of ¥30.65. GuruFocus considers Yutong Bus Co to be Modestly Undervalued.

Key valuation signals for SHSE:600066:

  • Research & Development: ¥1,873 Mil
  • GF Value™: ¥30.65 vs. price of ¥26.80 (12.6% below fair value)
  • GF Score™: 95/100

No single metric tells the full story. See the SHSE:600066 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Yutong Bus Co Business Description

Address No. 6, Yutong Road, Guancheng Hui District, Henan Province, Zhengzhou, CHN, 450061
Yutong Bus Co Ltd engages in the manufacture and sale of buses and related products. The company operates its business through four main segments. The Bus Manufacturing segment focuses on producing and selling large, medium, and light buses, which include passenger buses, city buses, school buses, and various types of new energy vehicles such as pure electric, plug-in hybrid, and fuel cell models. The Foreign Trade segment handles both domestic and international sales and distribution of buses and new energy vehicles. The Passenger Transportation segment covers services such as group rentals, short-distance and highway travel, tourism transport, bus operations, employee commuting, and school transportation. The Other segment is responsible for providing after-sales support and services.
95GF Score

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

¥26.80
Price
¥30.65
GF Value