Shanxi Coal International Energy Group Co (SHSE:600546) Research & Development: ¥462 Mil (TTM As of Mar. 2026)


SHSE:600546 Shanxi Coal International Energy Group Co Ltd SHSE:600546
71 GF Score
Price ¥11.30
GF Value ¥9.38
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Shanxi Coal International Energy Group Co Research & Development?

Shanxi Coal International Energy Group Co SHSE:600546 +3.39% 71 Research & Development is ¥462 Mil as of Mar. 2026. GuruFocus rates SHSE:600546 with a GF Score™ of 71/100 and a GF Value™ of ¥9.38 (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. Shanxi Coal International Energy Group Co's Research & Development for the three months ended in Mar. 2026 was ¥51 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥462 Mil.

Shanxi Coal International Energy Group Co  (SHSE:600546) 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.

Shanxi Coal International Energy Group Co Research & Development Related Terms

Shanxi Coal International Energy Group Co Research & Development Historical Data

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The historical data trend for Shanxi Coal International Energy Group 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.

Shanxi Coal International Energy Group Co Research & Development Chart

Shanxi Coal International Energy Group 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 206.39 335.32 386.77 492.95 461.70

Shanxi Coal International Energy Group 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 50.99 118.87 137.23 154.61 50.88
SHSE:600546
71GF Score
Shanxi Coal International Energy Group Co Ltd SHSE:600546
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanxi Coal International Energy Group 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 ¥462 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 ¥462 Mil mean?
Shanxi Coal International Energy Group Co (SHSE:600546) has a Research & Development of ¥462 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Shanxi Coal International Energy Group Co and its competitors.
Is Shanxi Coal International Energy Group Co's Research & Development too high?
Shanxi Coal International Energy Group Co's current Research & Development is ¥462 Mil. Overall, Shanxi Coal International Energy Group Co has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanxi Coal International Energy Group Co's Research & Development compare to competitors?
Shanxi Coal International Energy Group Co's Research & Development of ¥462 Mil can be compared against companies in the Other Energy Sources 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 Other Energy Sources company?
A good Research & Development depends on the Other Energy Sources 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 Shanxi Coal International Energy Group Co and its competitors. Shanxi Coal International Energy Group Co's current Research & Development is ¥462 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanxi Coal International Energy Group Co stock overvalued right now?
Based on GuruFocus' analysis, Shanxi Coal International Energy Group Co (SHSE:600546) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥9.38, compared to a current price of ¥11.30 — trading 20.5% above its estimated fair value. The current Research & Development is ¥462 Mil. Shanxi Coal International Energy Group Co's overall GF Score™ is 71/100 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 Shanxi Coal International Energy Group Co (SHSE:600546), the current Research & Development is ¥462 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 Shanxi Coal International Energy Group Co (SHSE:600546) Overvalued in 2026?

Based on GuruFocus' analysis, Shanxi Coal International Energy Group Co stock appears to be overvalued. The current stock price of ¥11.30 is trading 20.5% above its estimated GF Value™ of ¥9.38. GuruFocus considers Shanxi Coal International Energy Group Co to be Modestly Overvalued.

Key valuation signals for SHSE:600546:

  • Research & Development: ¥462 Mil
  • GF Value™: ¥9.38 vs. price of ¥11.30 (20.5% above fair value)
  • GF Score™: 71/100 with 4 warning signs

No single metric tells the full story. See the SHSE:600546 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shanxi Coal International Energy Group Co Business Description

Address No. 162, Jinyang Street, Xiaodian District, Shanxi Province, Taiyuan, CHN, 030031
Shanxi Coal International Energy Group Co Ltd is a China-based company that produces and sells coal. It is engaged in the coal production business, coal sales, logistics business, and non-coal trading business.
71GF Score

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

¥11.30
Price
¥9.38
GF Value