Xinjiang Ba Yi Iron & Steel Co (SHSE:600581) Research & Development: ¥530 Mil (TTM As of Mar. 2026)


SHSE:600581 Xinjiang Ba Yi Iron & Steel Co Ltd SHSE:600581
43 GF Score
Price ¥2.10
GF Value ¥3.20
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Xinjiang Ba Yi Iron & Steel Co Research & Development?

Xinjiang Ba Yi Iron & Steel Co SHSE:600581 -2.33% 43 Research & Development is ¥530 Mil as of Mar. 2026. GuruFocus rates SHSE:600581 with a GF Score™ of 43/100 and a GF Value™ of ¥3.20 (Possible Value Trap). The stock has 3 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Xinjiang Ba Yi Iron & Steel Co's Research & Development for the three months ended in Mar. 2026 was ¥93 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥530 Mil.

Xinjiang Ba Yi Iron & Steel Co  (SHSE:600581) 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.

Xinjiang Ba Yi Iron & Steel Co Research & Development Related Terms

Xinjiang Ba Yi Iron & Steel Co Research & Development Historical Data

* Premium members only.

The historical data trend for Xinjiang Ba Yi Iron & Steel 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.

Xinjiang Ba Yi Iron & Steel Co Research & Development Chart

Xinjiang Ba Yi Iron & Steel 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 423.54 477.06 699.13 700.95 444.39

Xinjiang Ba Yi Iron & Steel 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 7.99 73.69 70.49 292.22 93.33
SHSE:600581
43GF Score
Xinjiang Ba Yi Iron & Steel Co Ltd SHSE:600581
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Xinjiang Ba Yi Iron & Steel 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 ¥530 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 ¥530 Mil mean?
Xinjiang Ba Yi Iron & Steel Co (SHSE:600581) has a Research & Development of ¥530 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Xinjiang Ba Yi Iron & Steel Co and its competitors.
Is Xinjiang Ba Yi Iron & Steel Co's Research & Development too high?
Xinjiang Ba Yi Iron & Steel Co's current Research & Development is ¥530 Mil. Overall, Xinjiang Ba Yi Iron & Steel Co has a GF Score™ of 43/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Xinjiang Ba Yi Iron & Steel Co's Research & Development compare to NUE and STLD?
Xinjiang Ba Yi Iron & Steel Co's Research & Development of ¥530 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 Xinjiang Ba Yi Iron & Steel Co and its competitors. Xinjiang Ba Yi Iron & Steel Co's current Research & Development is ¥530 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xinjiang Ba Yi Iron & Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Xinjiang Ba Yi Iron & Steel Co (SHSE:600581) is currently considered Possible Value Trap. The stock's GF Value™ is ¥3.20, compared to a current price of ¥2.10 — trading 34.4% below its estimated fair value. The current Research & Development is ¥530 Mil. Xinjiang Ba Yi Iron & Steel Co's overall GF Score™ is 43/100 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 Xinjiang Ba Yi Iron & Steel Co (SHSE:600581), the current Research & Development is ¥530 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 Xinjiang Ba Yi Iron & Steel Co (SHSE:600581) Overvalued in 2026?

Based on GuruFocus' analysis, Xinjiang Ba Yi Iron & Steel Co stock appears to be undervalued. The current stock price of ¥2.10 is trading 34.4% below its estimated GF Value™ of ¥3.20. GuruFocus considers Xinjiang Ba Yi Iron & Steel Co to be Possible Value Trap.

Key valuation signals for SHSE:600581:

  • Research & Development: ¥530 Mil
  • GF Value™: ¥3.20 vs. price of ¥2.10 (34.4% below fair value)
  • GF Score™: 43/100 with 3 warning signs

No single metric tells the full story. See the SHSE:600581 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Xinjiang Ba Yi Iron & Steel Co Business Description

Address Xingang Road, Toutunhe District, Urumqi, Xinjiang, CHN, 830022
Xinjiang Ba Yi Iron & Steel Co Ltd is a Chinese company operating in the ferrous metal smelting and rolling processing industry. It comprises a set of production processes ranging from mining, mineral separation, sintering and coking to ironmaking, steelmaking, and steel rolling. The company's product folio includes Carbon steel products such as bars, heavy plate, HR steel sheet, wire rod, pipe tubes, Stainless steel products, Special steel products like die steel products, bearing steel, transportation steel, alloys for aviation and aerospace, and other products.
43GF Score

Get the complete analysis for SHSE:600581

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

¥2.10
Price
¥3.20
GF Value