Offshore Oil Engineering Co (SHSE:600583) Research & Development: ¥1,166 Mil (TTM As of Mar. 2026)


SHSE:600583 Offshore Oil Engineering Co Ltd SHSE:600583
86 GF Score
Price ¥5.19
GF Value ¥5.57
Valuation Fairly Valued
! 3 Warning Signs
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What is Offshore Oil Engineering Co Research & Development?

Offshore Oil Engineering Co SHSE:600583 +1.57% 86 Research & Development is ¥1,166 Mil as of Mar. 2026. GuruFocus rates SHSE:600583 with a GF Score™ of 86/100 and a GF Value™ of ¥5.57 (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. Offshore Oil Engineering Co's Research & Development for the three months ended in Mar. 2026 was ¥166 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥1,166 Mil.

Offshore Oil Engineering Co  (SHSE:600583) 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.

Offshore Oil Engineering Co Research & Development Related Terms

Offshore Oil Engineering Co Research & Development Historical Data

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The historical data trend for Offshore Oil Engineering 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.

Offshore Oil Engineering Co Research & Development Chart

Offshore Oil Engineering 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 928.82 1,121.94 1,186.28 1,227.34 1,190.69

Offshore Oil Engineering 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 190.05 265.61 326.87 408.16 165.70
SHSE:600583
86GF Score
Offshore Oil Engineering Co Ltd SHSE:600583
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Offshore Oil Engineering 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 ¥1,166 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 ¥1,166 Mil mean?
Offshore Oil Engineering Co (SHSE:600583) has a Research & Development of ¥1,166 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Offshore Oil Engineering Co and its competitors.
Is Offshore Oil Engineering Co's Research & Development too high?
Offshore Oil Engineering Co's current Research & Development is ¥1,166 Mil. Overall, Offshore Oil Engineering Co has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Offshore Oil Engineering Co's Research & Development compare to SLB and BKR?
Offshore Oil Engineering Co's Research & Development of ¥1,166 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Research & Development depends on the Oil & Gas 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 Offshore Oil Engineering Co and its competitors. Offshore Oil Engineering Co's current Research & Development is ¥1,166 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Offshore Oil Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Offshore Oil Engineering Co (SHSE:600583) is currently considered Fairly Valued. The stock's GF Value™ is ¥5.57, compared to a current price of ¥5.19 — trading 6.8% below its estimated fair value. The current Research & Development is ¥1,166 Mil. Offshore Oil Engineering Co's overall GF Score™ is 86/100 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 Offshore Oil Engineering Co (SHSE:600583), the current Research & Development is ¥1,166 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 Offshore Oil Engineering Co (SHSE:600583) Overvalued in 2026?

Based on GuruFocus' analysis, Offshore Oil Engineering Co stock appears to be undervalued. The current stock price of ¥5.19 is trading 6.8% below its estimated GF Value™ of ¥5.57. GuruFocus considers Offshore Oil Engineering Co to be Fairly Valued.

Key valuation signals for SHSE:600583:

  • Research & Development: ¥1,166 Mil
  • GF Value™: ¥5.57 vs. price of ¥5.19 (6.8% below fair value)
  • GF Score™: 86/100 with 3 warning signs

No single metric tells the full story. See the SHSE:600583 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Offshore Oil Engineering Co Business Description

Industry EnergyOil & Gas
Address No. 199, Haibin 15 Road, TianjinPort Free Trade Zone, Tianjin, CHN, 300461
Offshore Oil Engineering Co Ltd operates as an engineering design, procurement, construction, and installation (EPCI) company primarily for the oil and natural gas industry in China and internationally. The company provides technical services, subsea pipe maintenance, and other services for offshore oil underwater engineering; oil-gas field development and repair services; and consulting services for deep-sea engineering.
86GF Score

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

¥5.19
Price
¥5.57
GF Value