Minfeng Special Paper Co (SHSE:600235) Research & Development: ¥43 Mil (TTM As of Mar. 2026)

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SHSE:600235 Minfeng Special Paper Co Ltd SHSE:600235
48 GF Score
Price ¥4.89
GF Value ¥4.98
Valuation Fairly Valued
! 8 Warning Signs
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What is Minfeng Special Paper Co Research & Development?

Minfeng Special Paper Co SHSE:600235 -2.40% 48 Research & Development is ¥43 Mil as of Mar. 2026. GuruFocus rates SHSE:600235 with a GF Score™ of 48/100 and a GF Value™ of ¥4.98 (Fairly Valued). The stock has 8 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Minfeng Special Paper Co's Research & Development for the three months ended in Mar. 2026 was ¥11 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥43 Mil.

Minfeng Special Paper Co  (SHSE:600235) 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.

Minfeng Special Paper Co Research & Development Related Terms

Minfeng Special Paper Co Research & Development Historical Data

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The historical data trend for Minfeng Special Paper 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.

Minfeng Special Paper Co Research & Development Chart

Minfeng Special Paper 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 47.07 48.08 51.28 50.16 41.63

Minfeng Special Paper 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 9.71 9.44 9.12 13.37 10.63
SHSE:600235
48GF Score
Minfeng Special Paper Co Ltd SHSE:600235
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Minfeng Special Paper 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 ¥43 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 ¥43 Mil mean?
Minfeng Special Paper Co (SHSE:600235) has a Research & Development of ¥43 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Minfeng Special Paper Co and its competitors.
Is Minfeng Special Paper Co's Research & Development too high?
Minfeng Special Paper Co's current Research & Development is ¥43 Mil. Overall, Minfeng Special Paper Co has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Minfeng Special Paper Co's Research & Development compare to competitors?
Minfeng Special Paper Co's Research & Development of ¥43 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 Minfeng Special Paper Co and its competitors. Minfeng Special Paper Co's current Research & Development is ¥43 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minfeng Special Paper Co stock overvalued right now?
Based on GuruFocus' analysis, Minfeng Special Paper Co (SHSE:600235) is currently considered Fairly Valued. The stock's GF Value™ is ¥4.98, compared to a current price of ¥4.89 — trading 1.8% below its estimated fair value. The current Research & Development is ¥43 Mil. Minfeng Special Paper Co's overall GF Score™ is 48/100 with 8 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 Minfeng Special Paper Co (SHSE:600235), the current Research & Development is ¥43 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 Minfeng Special Paper Co (SHSE:600235) Overvalued in 2026?

Based on GuruFocus' analysis, Minfeng Special Paper Co stock appears to be undervalued. The current stock price of ¥4.89 is trading 1.8% below its estimated GF Value™ of ¥4.98. GuruFocus considers Minfeng Special Paper Co to be Fairly Valued.

Key valuation signals for SHSE:600235:

  • Research & Development: ¥43 Mil
  • GF Value™: ¥4.98 vs. price of ¥4.89 (1.8% below fair value)
  • GF Score™: 48/100 with 8 warning signs

No single metric tells the full story. See the SHSE:600235 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Minfeng Special Paper Co Business Description

Address No. 70, Luli Street, Zhejiang Province, Jiaxing, CHN, 314000
Minfeng Special Paper Co Ltd develops and manufactures paper. The company focuses on the industrial specialty paper market. The company's main products consist of cigarette paper series, industrial paper, tracing paper series and capacitor paper series, among others. It sells the products in both Chinese and international market.
48GF Score

Get the complete analysis for SHSE:600235

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

¥4.89
Price
¥4.98
GF Value