Shanghai Milkground Food Tech Co (SHSE:600882) Research & Development: ¥52 Mil (TTM As of Mar. 2026)


SHSE:600882 Shanghai Milkground Food Tech Co Ltd SHSE:600882
64 GF Score
Price ¥16.57
GF Value ¥24.56
Valuation Significantly Undervalued
! 7 Warning Signs
View Full Analysis

What is Shanghai Milkground Food Tech Co Research & Development?

Shanghai Milkground Food Tech Co SHSE:600882 +2.16% 64 Research & Development is ¥52 Mil as of Mar. 2026. GuruFocus rates SHSE:600882 with a GF Score™ of 64/100 and a GF Value™ of ¥24.56 (Significantly Undervalued). The stock has 7 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Shanghai Milkground Food Tech Co's Research & Development for the three months ended in Mar. 2026 was ¥12 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥52 Mil.

Shanghai Milkground Food Tech Co  (SHSE:600882) 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 Milkground Food Tech Co Research & Development Related Terms

Shanghai Milkground Food Tech Co Research & Development Historical Data

* Premium members only.

The historical data trend for Shanghai Milkground Food Tech 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 Milkground Food Tech Co Research & Development Chart

Shanghai Milkground Food Tech 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 40.09 51.23 54.01 48.47 50.76

Shanghai Milkground Food Tech 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 11.58 11.21 11.79 16.18 12.34
SHSE:600882
64GF Score
Shanghai Milkground Food Tech Co Ltd SHSE:600882
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Milkground Food Tech 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 ¥52 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 ¥52 Mil mean?
Shanghai Milkground Food Tech Co (SHSE:600882) has a Research & Development of ¥52 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Shanghai Milkground Food Tech Co and its competitors.
Is Shanghai Milkground Food Tech Co's Research & Development too high?
Shanghai Milkground Food Tech Co's current Research & Development is ¥52 Mil. Overall, Shanghai Milkground Food Tech Co has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Milkground Food Tech Co's Research & Development compare to KHC and GIS?
Shanghai Milkground Food Tech Co's Research & Development of ¥52 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Research & Development depends on the Consumer Packaged Goods 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 Milkground Food Tech Co and its competitors. Shanghai Milkground Food Tech Co's current Research & Development is ¥52 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Milkground Food Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Milkground Food Tech Co (SHSE:600882) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥24.56, compared to a current price of ¥16.57 — trading 32.5% below its estimated fair value. The current Research & Development is ¥52 Mil. Shanghai Milkground Food Tech Co's overall GF Score™ is 64/100 with 7 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 Milkground Food Tech Co (SHSE:600882), the current Research & Development is ¥52 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 Milkground Food Tech Co (SHSE:600882) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Milkground Food Tech Co stock appears to be undervalued. The current stock price of ¥16.57 is trading 32.5% below its estimated GF Value™ of ¥24.56. GuruFocus considers Shanghai Milkground Food Tech Co to be Significantly Undervalued.

Key valuation signals for SHSE:600882:

  • Research & Development: ¥52 Mil
  • GF Value™: ¥24.56 vs. price of ¥16.57 (32.5% below fair value)
  • GF Score™: 64/100 with 7 warning signs

No single metric tells the full story. See the SHSE:600882 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shanghai Milkground Food Tech Co Business Description

Address No. 1398 Jinqiao Road, 9th Floor, Jintai Building, Pudong New District, Shanghai, CHN, 200136
Shanghai Milkground Food Tech Co Ltd is engaged in research and development, production, and sales of dairy products with a focus on cheese and liquid milk. Some of its products include Cheese sticks 100g; Cheese sticks 500g; Butter Fresh; Refined mozzarella cheese 125g; Refined mozzarella cheese 450g; Mozzarella cheese and others.
64GF Score

Get the complete analysis for SHSE:600882

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

¥16.57
Price
¥24.56
GF Value