Liuzhou Chemical Industry Co (SHSE:600423) Research & Development: ¥0.4 Mil (TTM As of Mar. 2026)


SHSE:600423 Liuzhou Chemical Industry Co Ltd SHSE:600423
50 GF Score
Price ¥2.22
GF Value ¥2.84
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Liuzhou Chemical Industry Co Research & Development?

Liuzhou Chemical Industry Co SHSE:600423 50 Research & Development is ¥0.4 Mil as of Mar. 2026. GuruFocus rates SHSE:600423 with a GF Score™ of 50/100 and a GF Value™ of ¥2.84 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Liuzhou Chemical Industry Co's Research & Development for the three months ended in Mar. 2026 was ¥0.0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥0.4 Mil.

Liuzhou Chemical Industry Co  (SHSE:600423) 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.

Liuzhou Chemical Industry Co Research & Development Related Terms

Liuzhou Chemical Industry Co Research & Development Historical Data

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The historical data trend for Liuzhou Chemical Industry 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.

Liuzhou Chemical Industry Co Research & Development Chart

Liuzhou Chemical Industry 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 0.00 0.00 3.21 1.29 0.47

Liuzhou Chemical Industry 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 0.09 0.11 0.22 0.04 0.00
SHSE:600423
50GF Score
Liuzhou Chemical Industry Co Ltd SHSE:600423
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Liuzhou Chemical Industry 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 ¥0.4 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 ¥0.4 Mil mean?
Liuzhou Chemical Industry Co (SHSE:600423) has a Research & Development of ¥0.4 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Liuzhou Chemical Industry Co and its competitors.
Is Liuzhou Chemical Industry Co's Research & Development too high?
Liuzhou Chemical Industry Co's current Research & Development is ¥0.4 Mil. Overall, Liuzhou Chemical Industry Co has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Liuzhou Chemical Industry Co's Research & Development compare to CTVA and CF?
Liuzhou Chemical Industry Co's Research & Development of ¥0.4 Mil can be compared against companies in the Agriculture 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 Agriculture company?
A good Research & Development depends on the Agriculture 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 Liuzhou Chemical Industry Co and its competitors. Liuzhou Chemical Industry Co's current Research & Development is ¥0.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Liuzhou Chemical Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Liuzhou Chemical Industry Co (SHSE:600423) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥2.84, compared to a current price of ¥2.22 — trading 21.8% below its estimated fair value. The current Research & Development is ¥0.4 Mil. Liuzhou Chemical Industry Co's overall GF Score™ is 50/100 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 Liuzhou Chemical Industry Co (SHSE:600423), the current Research & Development is ¥0.4 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 Liuzhou Chemical Industry Co (SHSE:600423) Overvalued in 2026?

Based on GuruFocus' analysis, Liuzhou Chemical Industry Co stock appears to be undervalued. The current stock price of ¥2.22 is trading 21.8% below its estimated GF Value™ of ¥2.84. GuruFocus considers Liuzhou Chemical Industry Co to be Modestly Undervalued.

Key valuation signals for SHSE:600423:

  • Research & Development: ¥0.4 Mil
  • GF Value™: ¥2.84 vs. price of ¥2.22 (21.8% below fair value)
  • GF Score™: 50/100 with 4 warning signs

No single metric tells the full story. See the SHSE:600423 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Liuzhou Chemical Industry Co Business Description

Address No. 106, Yuejin Road, 26th Floor, Bahuijin International, Liubei District, Guangxi, Liuzhou, CHN, 545001
Liuzhou Chemical Industry Co Ltd is engaged in producing and selling chemical fertilizers. The product line includes - porous ammonium nitrate, sodium nitrite, soda ash, granular ammonium nitrate, industrial sulfur, sodium nitrate, potassium sulfate, urea, ammonium chloride, hydrogen peroxide, compound fertilizer, nitro fertilizer, food-grade carbon dioxide, liquid ammonia, and others.
50GF Score

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

¥2.22
Price
¥2.84
GF Value