Shanxi Luan Chemical Technology Co (SHSE:600691) Research & Development: ¥106 Mil (TTM As of Mar. 2026)


SHSE:600691 Shanxi Luan Chemical Technology Co Ltd SHSE:600691
48 GF Score
Price ¥2.33
GF Value ¥2.16
Valuation Fairly Valued
! 4 Warning Signs
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What is Shanxi Luan Chemical Technology Co Research & Development?

Shanxi Luan Chemical Technology Co SHSE:600691 +0.43% 48 Research & Development is ¥106 Mil as of Mar. 2026. GuruFocus rates SHSE:600691 with a GF Score™ of 48/100 and a GF Value™ of ¥2.16 (Fairly Valued). The stock has 4 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Shanxi Luan Chemical Technology Co's Research & Development for the three months ended in Mar. 2026 was ¥19 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥106 Mil.

Shanxi Luan Chemical Technology Co  (SHSE:600691) 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 Luan Chemical Technology Co Research & Development Related Terms

Shanxi Luan Chemical Technology Co Research & Development Historical Data

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The historical data trend for Shanxi Luan Chemical Technology 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 Luan Chemical Technology Co Research & Development Chart

Shanxi Luan Chemical Technology 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 227.05 218.62 245.57 230.40 147.79

Shanxi Luan Chemical Technology 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 60.41 83.59 58.11 -54.32 19.03
SHSE:600691
48GF Score
Shanxi Luan Chemical Technology Co Ltd SHSE:600691
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanxi Luan Chemical Technology 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 ¥106 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 ¥106 Mil mean?
Shanxi Luan Chemical Technology Co (SHSE:600691) has a Research & Development of ¥106 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Shanxi Luan Chemical Technology Co and its competitors.
Is Shanxi Luan Chemical Technology Co's Research & Development too high?
Shanxi Luan Chemical Technology Co's current Research & Development is ¥106 Mil. Overall, Shanxi Luan Chemical Technology Co has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanxi Luan Chemical Technology Co's Research & Development compare to DOW?
Shanxi Luan Chemical Technology Co's Research & Development of ¥106 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 Shanxi Luan Chemical Technology Co and its competitors. Shanxi Luan Chemical Technology Co's current Research & Development is ¥106 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanxi Luan Chemical Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Shanxi Luan Chemical Technology Co (SHSE:600691) is currently considered Fairly Valued. The stock's GF Value™ is ¥2.16, compared to a current price of ¥2.33 — trading 7.9% above its estimated fair value. The current Research & Development is ¥106 Mil. Shanxi Luan Chemical Technology Co's overall GF Score™ is 48/100 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 Luan Chemical Technology Co (SHSE:600691), the current Research & Development is ¥106 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 Luan Chemical Technology Co (SHSE:600691) Overvalued in 2026?

Based on GuruFocus' analysis, Shanxi Luan Chemical Technology Co stock appears to be overvalued. The current stock price of ¥2.33 is trading 7.9% above its estimated GF Value™ of ¥2.16. GuruFocus considers Shanxi Luan Chemical Technology Co to be Fairly Valued.

Key valuation signals for SHSE:600691:

  • Research & Development: ¥106 Mil
  • GF Value™: ¥2.16 vs. price of ¥2.33 (7.9% above fair value)
  • GF Score™: 48/100 with 4 warning signs

No single metric tells the full story. See the SHSE:600691 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shanxi Luan Chemical Technology Co Business Description

Address No. 72 Shuangta West Street, Yingze District, Shanxi Province, Days Hotel Lu\'an, Taiyuan, CHN, 030006
Shanxi Luan Chemical Technology Co Ltd is engaged in Production and sales of coal chemical products (including agricultural chemical products, basic chemical products, fine chemical products) and chemical equipment, manufacturing of chemical machinery and equipment, research and development of chemical products, etc.
48GF Score

Get the complete analysis for SHSE:600691

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

¥2.33
Price
¥2.16
GF Value