Kangxin New Materials Co (SHSE:600076) Research & Development: ¥8.6 Mil (TTM As of Mar. 2026)

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SHSE:600076 Kangxin New Materials Co Ltd SHSE:600076
47 GF Score
Price ¥3.10
GF Value ¥2.60
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Kangxin New Materials Co Research & Development?

Kangxin New Materials Co SHSE:600076 +1.97% 47 Research & Development is ¥8.6 Mil as of Mar. 2026. GuruFocus rates SHSE:600076 with a GF Score™ of 47/100 and a GF Value™ of ¥2.60 (Modestly Overvalued). The stock has 4 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Kangxin New Materials Co's Research & Development for the three months ended in Mar. 2026 was ¥0.1 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥8.6 Mil.

Kangxin New Materials Co  (SHSE:600076) 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.

Kangxin New Materials Co Research & Development Related Terms

Kangxin New Materials Co Research & Development Historical Data

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The historical data trend for Kangxin New Materials 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.

Kangxin New Materials Co Research & Development Chart

Kangxin New Materials 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 49.56 16.56 5.47 7.19 8.62

Kangxin New Materials 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 0.08 2.42 0.83 5.29 0.10
SHSE:600076
47GF Score
Kangxin New Materials Co Ltd SHSE:600076
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Kangxin New Materials 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 ¥8.6 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 ¥8.6 Mil mean?
Kangxin New Materials Co (SHSE:600076) has a Research & Development of ¥8.6 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Kangxin New Materials Co and its competitors.
Is Kangxin New Materials Co's Research & Development too high?
Kangxin New Materials Co's current Research & Development is ¥8.6 Mil. Overall, Kangxin New Materials Co has a GF Score™ of 47/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kangxin New Materials Co's Research & Development compare to SSD and UFPI?
Kangxin New Materials Co's Research & Development of ¥8.6 Mil can be compared against companies in the Forest 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 a Forest Products company?
A good Research & Development depends on the Forest 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 Kangxin New Materials Co and its competitors. Kangxin New Materials Co's current Research & Development is ¥8.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kangxin New Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Kangxin New Materials Co (SHSE:600076) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥2.60, compared to a current price of ¥3.10 — trading 19.2% above its estimated fair value. The current Research & Development is ¥8.6 Mil. Kangxin New Materials Co's overall GF Score™ is 47/100 with 4 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 Kangxin New Materials Co (SHSE:600076), the current Research & Development is ¥8.6 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 Kangxin New Materials Co (SHSE:600076) Overvalued in 2026?

Based on GuruFocus' analysis, Kangxin New Materials Co stock appears to be overvalued. The current stock price of ¥3.10 is trading 19.2% above its estimated GF Value™ of ¥2.60. GuruFocus considers Kangxin New Materials Co to be Modestly Overvalued.

Key valuation signals for SHSE:600076:

  • Research & Development: ¥8.6 Mil
  • GF Value™: ¥2.60 vs. price of ¥3.10 (19.2% above fair value)
  • GF Score™: 47/100 with 4 warning signs

No single metric tells the full story. See the SHSE:600076 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Kangxin New Materials Co Business Description

Address No. 1, Xinhe Industrial Park Road, Hanchuan Economic Development Zone, Hubei Province, Xiaogan, CHN
Kangxin New Materials Co Ltd engages in the collection, afforestation, processing, and sale of timber products in China. It also designs and produces building structural materials; and produces wood structural housing products. The company's products include COSB composite, multi-layer solid wood, and bamboo and wood composite container flooring products; civil sheets comprise building templates, ordinary COSB boards, environmental protection boards, and COSB boards; and landscape and green seedlings.
47GF Score

Get the complete analysis for SHSE:600076

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

¥3.10
Price
¥2.60
GF Value