Snowskylt Industry Group Co (SHSE:600929) Research & Development: ¥227 Mil (TTM As of Mar. 2026)


SHSE:600929 Snowsky Salt Industry Group Co Ltd SHSE:600929
77 GF Score
Price ¥4.66
GF Value ¥5.46
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Snowskylt Industry Group Co Research & Development?

Snowskylt Industry Group Co SHSE:600929 +2.64% 77 Research & Development is ¥227 Mil as of Mar. 2026. GuruFocus rates SHSE:600929 with a GF Score™ of 77/100 and a GF Value™ of ¥5.46 (Modestly Undervalued). The stock has 8 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Snowskylt Industry Group Co's Research & Development for the three months ended in Mar. 2026 was ¥32 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥227 Mil.

Snowskylt Industry Group Co  (SHSE:600929) 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.

Snowskylt Industry Group Co Research & Development Related Terms

Snowskylt Industry Group Co Research & Development Historical Data

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The historical data trend for Snowskylt Industry Group 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.

Snowskylt Industry Group Co Research & Development Chart

Snowskylt Industry Group 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 187.88 239.94 229.93 274.62 226.06

Snowskylt Industry Group 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 31.21 53.34 63.41 78.11 31.94
SHSE:600929
77GF Score
Snowsky Salt Industry Group Co Ltd SHSE:600929
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Snowskylt Industry Group 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 ¥227 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 ¥227 Mil mean?
Snowskylt Industry Group Co (SHSE:600929) has a Research & Development of ¥227 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Snowskylt Industry Group Co and its competitors.
Is Snowskylt Industry Group Co's Research & Development too high?
Snowskylt Industry Group Co's current Research & Development is ¥227 Mil. Overall, Snowskylt Industry Group Co has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Snowskylt Industry Group Co's Research & Development compare to DOW?
Snowskylt Industry Group Co's Research & Development of ¥227 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 Snowskylt Industry Group Co and its competitors. Snowskylt Industry Group Co's current Research & Development is ¥227 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Snowskylt Industry Group Co stock overvalued right now?
Based on GuruFocus' analysis, Snowskylt Industry Group Co (SHSE:600929) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥5.46, compared to a current price of ¥4.66 — trading 14.7% below its estimated fair value. The current Research & Development is ¥227 Mil. Snowskylt Industry Group Co's overall GF Score™ is 77/100 with 8 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 Snowskylt Industry Group Co (SHSE:600929), the current Research & Development is ¥227 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 Snowskylt Industry Group Co (SHSE:600929) Overvalued in 2026?

Based on GuruFocus' analysis, Snowskylt Industry Group Co stock appears to be undervalued. The current stock price of ¥4.66 is trading 14.7% below its estimated GF Value™ of ¥5.46. GuruFocus considers Snowskylt Industry Group Co to be Modestly Undervalued.

Key valuation signals for SHSE:600929:

  • Research & Development: ¥227 Mil
  • GF Value™: ¥5.46 vs. price of ¥4.66 (14.7% below fair value)
  • GF Score™: 77/100 with 8 warning signs

No single metric tells the full story. See the SHSE:600929 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Snowskylt Industry Group Co Business Description

Address No. 519 Jianxiang Road, Furong District, Hunan Province, Changsha, CHN, 410005
Snowsky Salt Industry Group Co Ltd formerly known as Hunan Salt Industry Co Ltd is mainly engaged in the production and sale of salt products. The main products include salt, small industrial salt, daily chemical salt and others.
77GF Score

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

¥4.66
Price
¥5.46
GF Value