Shanghai New Power Automotive Technology Co (SHSE:600841) Research & Development: ¥382 Mil (TTM As of Mar. 2026)

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SHSE:600841 Shanghai New Power Automotive Technology Co Ltd SHSE:600841
59 GF Score
Price ¥5.42
GF Value ¥5.05
Valuation Fairly Valued
! 6 Warning Signs
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What is Shanghai New Power Automotive Technology Co Research & Development?

Shanghai New Power Automotive Technology Co SHSE:600841 -1.81% 59 Research & Development is ¥382 Mil as of Mar. 2026. GuruFocus rates SHSE:600841 with a GF Score™ of 59/100 and a GF Value™ of ¥5.05 (Fairly Valued). The stock has 6 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Shanghai New Power Automotive Technology Co's Research & Development for the three months ended in Mar. 2026 was ¥76 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥382 Mil.

Shanghai New Power Automotive Technology Co  (SHSE:600841) 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 New Power Automotive Technology Co Research & Development Related Terms

Shanghai New Power Automotive Technology Co Research & Development Historical Data

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The historical data trend for Shanghai New Power Automotive 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.

Shanghai New Power Automotive Technology Co Research & Development Chart

Shanghai New Power Automotive 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 482.69 435.20 425.77 384.95 375.04

Shanghai New Power Automotive 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 69.01 51.20 74.44 180.39 76.09
SHSE:600841
59GF Score
Shanghai New Power Automotive Technology Co Ltd SHSE:600841
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai New Power Automotive 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 ¥382 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 ¥382 Mil mean?
Shanghai New Power Automotive Technology Co (SHSE:600841) has a Research & Development of ¥382 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Shanghai New Power Automotive Technology Co and its competitors.
Is Shanghai New Power Automotive Technology Co's Research & Development too high?
Shanghai New Power Automotive Technology Co's current Research & Development is ¥382 Mil. Overall, Shanghai New Power Automotive Technology Co has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanghai New Power Automotive Technology Co's Research & Development compare to CAT and DE?
Shanghai New Power Automotive Technology Co's Research & Development of ¥382 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 Shanghai New Power Automotive Technology Co and its competitors. Shanghai New Power Automotive Technology Co's current Research & Development is ¥382 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai New Power Automotive Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai New Power Automotive Technology Co (SHSE:600841) is currently considered Fairly Valued. The stock's GF Value™ is ¥5.05, compared to a current price of ¥5.42 — trading 7.3% above its estimated fair value. The current Research & Development is ¥382 Mil. Shanghai New Power Automotive Technology Co's overall GF Score™ is 59/100 with 6 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 New Power Automotive Technology Co (SHSE:600841), the current Research & Development is ¥382 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 New Power Automotive Technology Co (SHSE:600841) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai New Power Automotive Technology Co stock appears to be overvalued. The current stock price of ¥5.42 is trading 7.3% above its estimated GF Value™ of ¥5.05. GuruFocus considers Shanghai New Power Automotive Technology Co to be Fairly Valued.

Key valuation signals for SHSE:600841:

  • Research & Development: ¥382 Mil
  • GF Value™: ¥5.05 vs. price of ¥5.42 (7.3% above fair value)
  • GF Score™: 59/100 with 6 warning signs

No single metric tells the full story. See the SHSE:600841 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shanghai New Power Automotive Technology Co Business Description

Other Exchanges 900920:China
Address No. 2636 Jungong Road, Shanghai, CHN, 200438
Shanghai New Power Automotive Technology Co Ltd formerly Shanghai Diesel Engine Co Ltd is engaged in research, development, and manufacture of engines, engine parts, and generator set in China. Its products include truck engine, construction machinery engine, bus engine, agricultural machinery engine, power generation engine, marine engine, and generator set. The company distributes its products within the domestic market and to overseas markets.
59GF Score

Get the complete analysis for SHSE:600841

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

¥5.42
Price
¥5.05
GF Value