Xiamen Xgma Machinery Co (SHSE:600815) Research & Development: ¥37.6 Mil (TTM As of Mar. 2026)


SHSE:600815 Xiamen Xgma Machinery Co Ltd SHSE:600815
53 GF Score
Price ¥2.57
GF Value ¥2.64
Valuation Fairly Valued
! 4 Warning Signs
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What is Xiamen Xgma Machinery Co Research & Development?

Xiamen Xgma Machinery Co SHSE:600815 +0.78% 53 Research & Development is ¥37.6 Mil as of Mar. 2026. GuruFocus rates SHSE:600815 with a GF Score™ of 53/100 and a GF Value™ of ¥2.64 (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. Xiamen Xgma Machinery Co's Research & Development for the three months ended in Mar. 2026 was ¥9.4 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥37.6 Mil.

Xiamen Xgma Machinery Co  (SHSE:600815) 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.

Xiamen Xgma Machinery Co Research & Development Related Terms

Xiamen Xgma Machinery Co Research & Development Historical Data

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The historical data trend for Xiamen Xgma Machinery 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.

Xiamen Xgma Machinery Co Research & Development Chart

Xiamen Xgma Machinery 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 27.31 31.96 39.04 36.41 34.23

Xiamen Xgma Machinery 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 6.00 7.31 7.93 12.99 9.36
SHSE:600815
53GF Score
Xiamen Xgma Machinery Co Ltd SHSE:600815
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Xiamen Xgma Machinery 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 ¥37.6 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 ¥37.6 Mil mean?
Xiamen Xgma Machinery Co (SHSE:600815) has a Research & Development of ¥37.6 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Xiamen Xgma Machinery Co and its competitors.
Is Xiamen Xgma Machinery Co's Research & Development too high?
Xiamen Xgma Machinery Co's current Research & Development is ¥37.6 Mil. Overall, Xiamen Xgma Machinery Co has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Xiamen Xgma Machinery Co's Research & Development compare to CAT and DE?
Xiamen Xgma Machinery Co's Research & Development of ¥37.6 Mil can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good Research & Development depends on the Farm & Heavy Construction Machinery 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 Xiamen Xgma Machinery Co and its competitors. Xiamen Xgma Machinery Co's current Research & Development is ¥37.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xiamen Xgma Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Xiamen Xgma Machinery Co (SHSE:600815) is currently considered Fairly Valued. The stock's GF Value™ is ¥2.64, compared to a current price of ¥2.57 — trading 2.7% below its estimated fair value. The current Research & Development is ¥37.6 Mil. Xiamen Xgma Machinery Co's overall GF Score™ is 53/100 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 Xiamen Xgma Machinery Co (SHSE:600815), the current Research & Development is ¥37.6 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 Xiamen Xgma Machinery Co (SHSE:600815) Overvalued in 2026?

Based on GuruFocus' analysis, Xiamen Xgma Machinery Co stock appears to be undervalued. The current stock price of ¥2.57 is trading 2.7% below its estimated GF Value™ of ¥2.64. GuruFocus considers Xiamen Xgma Machinery Co to be Fairly Valued.

Key valuation signals for SHSE:600815:

  • Research & Development: ¥37.6 Mil
  • GF Value™: ¥2.64 vs. price of ¥2.57 (2.7% below fair value)
  • GF Score™: 53/100 with 4 warning signs

No single metric tells the full story. See the SHSE:600815 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Xiamen Xgma Machinery Co Business Description

Address No. 668 Guankou South Road No.8, Xiamen, Fujian, CHN, 361023
Xiamen Xgma Machinery Co Ltd is engaged in the manufacture, processing, and distribution of engineering machinery and machine accessories. Its products include scrapping machinery, mining machinery, compaction machinery, building machinery, industrial vehicles, concrete machinery, pile driving machinery, hoisting machinery, tunneling machinery. Its production business covers loaders, excavators, forklifts, road machinery, and environmental protection machinery series.
53GF Score

Get the complete analysis for SHSE:600815

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

¥2.57
Price
¥2.64
GF Value