Anyang Iron & Steel (SHSE:600569) Research & Development: ¥1,107 Mil (TTM As of Mar. 2026)


SHSE:600569 Anyang Iron & Steel Inc SHSE:600569
51 GF Score
Price ¥1.66
GF Value ¥1.64
Valuation Fairly Valued
! 3 Warning Signs
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What is Anyang Iron & Steel Research & Development?

Anyang Iron & Steel SHSE:600569 -0.60% 51 Research & Development is ¥1,107 Mil as of Mar. 2026. GuruFocus rates SHSE:600569 with a GF Score™ of 51/100 and a GF Value™ of ¥1.64 (Fairly Valued). The stock has 3 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Anyang Iron & Steel's Research & Development for the three months ended in Mar. 2026 was ¥223 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥1,107 Mil.

Anyang Iron & Steel  (SHSE:600569) 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.

Anyang Iron & Steel Research & Development Related Terms

Anyang Iron & Steel Research & Development Historical Data

* Premium members only.

The historical data trend for Anyang Iron & Steel'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.

Anyang Iron & Steel Research & Development Chart

Anyang Iron & Steel 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 1,390.65 1,115.76 1,250.97 1,013.94 1,122.28

Anyang Iron & Steel 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 237.90 346.24 295.60 242.53 222.91
SHSE:600569
51GF Score
Anyang Iron & Steel Inc SHSE:600569
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Anyang Iron & Steel 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 ¥1,107 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 ¥1,107 Mil mean?
Anyang Iron & Steel (SHSE:600569) has a Research & Development of ¥1,107 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Anyang Iron & Steel and its competitors.
Is Anyang Iron & Steel's Research & Development too high?
Anyang Iron & Steel's current Research & Development is ¥1,107 Mil. Overall, Anyang Iron & Steel has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Anyang Iron & Steel's Research & Development compare to NUE and STLD?
Anyang Iron & Steel's Research & Development of ¥1,107 Mil can be compared against companies in the Steel 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 Steel company?
A good Research & Development depends on the Steel 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 Anyang Iron & Steel and its competitors. Anyang Iron & Steel's current Research & Development is ¥1,107 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anyang Iron & Steel stock overvalued right now?
Based on GuruFocus' analysis, Anyang Iron & Steel (SHSE:600569) is currently considered Fairly Valued. The stock's GF Value™ is ¥1.64, compared to a current price of ¥1.66 — trading 1.2% above its estimated fair value. The current Research & Development is ¥1,107 Mil. Anyang Iron & Steel's overall GF Score™ is 51/100 with 3 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 Anyang Iron & Steel (SHSE:600569), the current Research & Development is ¥1,107 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 Anyang Iron & Steel (SHSE:600569) Overvalued in 2026?

Based on GuruFocus' analysis, Anyang Iron & Steel stock appears to be overvalued. The current stock price of ¥1.66 is trading 1.2% above its estimated GF Value™ of ¥1.64. GuruFocus considers Anyang Iron & Steel to be Fairly Valued.

Key valuation signals for SHSE:600569:

  • Research & Development: ¥1,107 Mil
  • GF Value™: ¥1.64 vs. price of ¥1.66 (1.2% above fair value)
  • GF Score™: 51/100 with 3 warning signs

No single metric tells the full story. See the SHSE:600569 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Anyang Iron & Steel Business Description

Address Meiyuanzhuang, Tiexi District, Anyang, Henan, CHN, 455004
Anyang Iron & Steel Inc is engaged in steel integrating coking, sintering, smelting, rolling materials and scientific research and development. It produces medium and heavy plates, furnace coils, hot rolled coils, high-speed wires, small and medium-sized materials.
51GF Score

Get the complete analysis for SHSE:600569

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

¥1.66
Price
¥1.64
GF Value