Shanghai Huayi Group (SHSE:600623) Research & Development: ¥1,255 Mil (TTM As of Mar. 2026)

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SHSE:600623 Shanghai Huayi Group Corp Ltd SHSE:600623
67 GF Score
Price ¥8.00
GF Value ¥7.66
Valuation Fairly Valued
! 8 Warning Signs
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What is Shanghai Huayi Group Research & Development?

Shanghai Huayi Group SHSE:600623 +1.91% 67 Research & Development is ¥1,255 Mil as of Mar. 2026. GuruFocus rates SHSE:600623 with a GF Score™ of 67/100 and a GF Value™ of ¥7.66 (Fairly Valued). The stock has 8 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Shanghai Huayi Group's Research & Development for the three months ended in Mar. 2026 was ¥284 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥1,255 Mil.

Shanghai Huayi Group  (SHSE:600623) 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.

Shanghai Huayi Group Research & Development Related Terms

Shanghai Huayi Group Research & Development Historical Data

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The historical data trend for Shanghai Huayi Group'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.

Shanghai Huayi Group Research & Development Chart

Shanghai Huayi Group 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 782.22 697.55 814.16 1,169.54 1,213.25

Shanghai Huayi Group 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 242.73 279.31 362.88 328.34 284.36
SHSE:600623
67GF Score
Shanghai Huayi Group Corp Ltd SHSE:600623
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Huayi Group 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 ¥1,255 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 ¥1,255 Mil mean?
Shanghai Huayi Group (SHSE:600623) has a Research & Development of ¥1,255 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Shanghai Huayi Group and its competitors.
Is Shanghai Huayi Group's Research & Development too high?
Shanghai Huayi Group's current Research & Development is ¥1,255 Mil. Overall, Shanghai Huayi Group has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Huayi Group's Research & Development compare to DOW?
Shanghai Huayi Group's Research & Development of ¥1,255 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Research & Development depends on the Chemicals 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 Shanghai Huayi Group and its competitors. Shanghai Huayi Group's current Research & Development is ¥1,255 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Huayi Group stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Huayi Group (SHSE:600623) is currently considered Fairly Valued. The stock's GF Value™ is ¥7.66, compared to a current price of ¥8.00 — trading 4.4% above its estimated fair value. The current Research & Development is ¥1,255 Mil. Shanghai Huayi Group's overall GF Score™ is 67/100 with 8 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 Shanghai Huayi Group (SHSE:600623), the current Research & Development is ¥1,255 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 Shanghai Huayi Group (SHSE:600623) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Huayi Group stock appears to be overvalued. The current stock price of ¥8.00 is trading 4.4% above its estimated GF Value™ of ¥7.66. GuruFocus considers Shanghai Huayi Group to be Fairly Valued.

Key valuation signals for SHSE:600623:

  • Research & Development: ¥1,255 Mil
  • GF Value™: ¥7.66 vs. price of ¥8.00 (4.4% above fair value)
  • GF Score™: 67/100 with 8 warning signs

No single metric tells the full story. See the SHSE:600623 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shanghai Huayi Group Business Description

Other Exchanges 900909:China
Address 809 Changde Road, Huayi Group Building, Jing\'an District, Shanghai, CHN, 200040
Shanghai Huayi Group Corp Ltd is a chemical company. Its products include methanol, carbon monoxide, syngas and sulfuric acid and other chemical products.
67GF Score

Get the complete analysis for SHSE:600623

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

¥8.00
Price
¥7.66
GF Value