Hangxiao Steel Structure Co (SHSE:600477) Research & Development: ¥416 Mil (TTM As of Mar. 2026)


SHSE:600477 Hangxiao Steel Structure Co Ltd SHSE:600477
58 GF Score
Price ¥2.33
GF Value ¥2.20
Valuation Fairly Valued
! 9 Warning Signs
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What is Hangxiao Steel Structure Co Research & Development?

Hangxiao Steel Structure Co SHSE:600477 -1.69% 58 Research & Development is ¥416 Mil as of Mar. 2026. GuruFocus rates SHSE:600477 with a GF Score™ of 58/100 and a GF Value™ of ¥2.20 (Fairly Valued). The stock has 9 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Hangxiao Steel Structure Co's Research & Development for the three months ended in Mar. 2026 was ¥86 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥416 Mil.

Hangxiao Steel Structure Co  (SHSE:600477) 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.

Hangxiao Steel Structure Co Research & Development Related Terms

Hangxiao Steel Structure Co Research & Development Historical Data

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The historical data trend for Hangxiao Steel Structure 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.

Hangxiao Steel Structure Co Research & Development Chart

Hangxiao Steel Structure 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 383.41 487.79 560.04 416.38 420.38

Hangxiao Steel Structure 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 90.63 103.68 123.00 103.07 86.00
SHSE:600477
58GF Score
Hangxiao Steel Structure Co Ltd SHSE:600477
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Hangxiao Steel Structure 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 ¥416 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 ¥416 Mil mean?
Hangxiao Steel Structure Co (SHSE:600477) has a Research & Development of ¥416 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Hangxiao Steel Structure Co and its competitors.
Is Hangxiao Steel Structure Co's Research & Development too high?
Hangxiao Steel Structure Co's current Research & Development is ¥416 Mil. Overall, Hangxiao Steel Structure Co has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hangxiao Steel Structure Co's Research & Development compare to PWR and FIX?
Hangxiao Steel Structure Co's Research & Development of ¥416 Mil can be compared against companies in the Construction 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 Construction company?
A good Research & Development depends on the Construction 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 Hangxiao Steel Structure Co and its competitors. Hangxiao Steel Structure Co's current Research & Development is ¥416 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangxiao Steel Structure Co stock overvalued right now?
Based on GuruFocus' analysis, Hangxiao Steel Structure Co (SHSE:600477) is currently considered Fairly Valued. The stock's GF Value™ is ¥2.20, compared to a current price of ¥2.33 — trading 5.9% above its estimated fair value. The current Research & Development is ¥416 Mil. Hangxiao Steel Structure Co's overall GF Score™ is 58/100 with 9 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 Hangxiao Steel Structure Co (SHSE:600477), the current Research & Development is ¥416 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 Hangxiao Steel Structure Co (SHSE:600477) Overvalued in 2026?

Based on GuruFocus' analysis, Hangxiao Steel Structure Co stock appears to be overvalued. The current stock price of ¥2.33 is trading 5.9% above its estimated GF Value™ of ¥2.20. GuruFocus considers Hangxiao Steel Structure Co to be Fairly Valued.

Key valuation signals for SHSE:600477:

  • Research & Development: ¥416 Mil
  • GF Value™: ¥2.20 vs. price of ¥2.33 (5.9% above fair value)
  • GF Score™: 58/100 with 9 warning signs

No single metric tells the full story. See the SHSE:600477 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hangxiao Steel Structure Co Business Description

Address Middle Zhonghe Road, Floor 3,5,7, Ruifeng Building, No. 258, Hangzhou, Zhejiang, CHN, 310003
Hangxiao Steel Structure Co Ltd is engaged in the design, manufacture, and installation of steel structure in China. It manufactures high rise steel structure, light steel structure, space steel structure, steel beam, steel truss; steel floor deck; steel purlin and residential steel structure projects.
58GF Score

Get the complete analysis for SHSE:600477

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

¥2.33
Price
¥2.20
GF Value