Shanghai Mechanical & Electrical Industry Co (SHSE:600835) Research & Development: ¥751 Mil (TTM As of Mar. 2026)


SHSE:600835 Shanghai Mechanical & Electrical Industry Co Ltd SHSE:600835
63 GF Score
Price ¥21.00
GF Value ¥16.48
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Shanghai Mechanical & Electrical Industry Co Research & Development?

Shanghai Mechanical & Electrical Industry Co SHSE:600835 +1.94% 63 Research & Development is ¥751 Mil as of Mar. 2026. GuruFocus rates SHSE:600835 with a GF Score™ of 63/100 and a GF Value™ of ¥16.48 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Shanghai Mechanical & Electrical Industry Co's Research & Development for the three months ended in Mar. 2026 was ¥100 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥751 Mil.

Shanghai Mechanical & Electrical Industry Co  (SHSE:600835) 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 Mechanical & Electrical Industry Co Research & Development Related Terms

Shanghai Mechanical & Electrical Industry Co Research & Development Historical Data

* Premium members only.

The historical data trend for Shanghai Mechanical & Electrical Industry 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.

Shanghai Mechanical & Electrical Industry Co Research & Development Chart

Shanghai Mechanical & Electrical Industry 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 873.27 828.70 836.78 802.57 754.89

Shanghai Mechanical & Electrical Industry 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 104.23 234.32 180.90 235.44 100.34
SHSE:600835
63GF Score
Shanghai Mechanical & Electrical Industry Co Ltd SHSE:600835
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Mechanical & Electrical Industry 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 ¥751 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 ¥751 Mil mean?
Shanghai Mechanical & Electrical Industry Co (SHSE:600835) has a Research & Development of ¥751 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Shanghai Mechanical & Electrical Industry Co and its competitors.
Is Shanghai Mechanical & Electrical Industry Co's Research & Development too high?
Shanghai Mechanical & Electrical Industry Co's current Research & Development is ¥751 Mil. Overall, Shanghai Mechanical & Electrical Industry Co has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Mechanical & Electrical Industry Co's Research & Development compare to GEV and ETN?
Shanghai Mechanical & Electrical Industry Co's Research & Development of ¥751 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Research & Development depends on the Industrial Products 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 Mechanical & Electrical Industry Co and its competitors. Shanghai Mechanical & Electrical Industry Co's current Research & Development is ¥751 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Mechanical & Electrical Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Mechanical & Electrical Industry Co (SHSE:600835) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥16.48, compared to a current price of ¥21.00 — trading 27.4% above its estimated fair value. The current Research & Development is ¥751 Mil. Shanghai Mechanical & Electrical Industry Co's overall GF Score™ is 63/100 with 5 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 Mechanical & Electrical Industry Co (SHSE:600835), the current Research & Development is ¥751 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 Mechanical & Electrical Industry Co (SHSE:600835) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Mechanical & Electrical Industry Co stock appears to be overvalued. The current stock price of ¥21.00 is trading 27.4% above its estimated GF Value™ of ¥16.48. GuruFocus considers Shanghai Mechanical & Electrical Industry Co to be Modestly Overvalued.

Key valuation signals for SHSE:600835:

  • Research & Development: ¥751 Mil
  • GF Value™: ¥16.48 vs. price of ¥21.00 (27.4% above fair value)
  • GF Score™: 63/100 with 5 warning signs

No single metric tells the full story. See the SHSE:600835 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shanghai Mechanical & Electrical Industry Co Business Description

Other Exchanges 900925:China
Address No. 1286 Minsheng Road, Huishang Building, 9F, Pudong, Shanghai, Shanghai, CHN, 200135
Shanghai Mechanical & Electrical Industry Co Ltd mainly operates as a distributor and manufacturer of the mechanical and electrical equipment. It provides products such as escalators, printing and packaging machines, refrigeration and air conditioning and welding equipment, engineering machineries, wood-based panel machineries, energy engineering, hydraulic and pneumatic products and electrical equipment.
63GF Score

Get the complete analysis for SHSE:600835

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

¥21.00
Price
¥16.48
GF Value