Hunan Chendian International Development Co (SHSE:600969) Research & Development: ¥1 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:600969 Hunan Chendian International Development Co Ltd SHSE:600969
68 GF Score
Price ¥8.09
GF Value ¥7.12
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Hunan Chendian International Development Co Research & Development?

Hunan Chendian International Development Co SHSE:600969 +3.06% 68 Research & Development is ¥1 Mil as of Mar. 2026. GuruFocus rates SHSE:600969 with a GF Score™ of 68/100 and a GF Value™ of ¥7.12 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Hunan Chendian International Development Co's Research & Development for the three months ended in Mar. 2026 was ¥0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥1 Mil.

Hunan Chendian International Development Co  (SHSE:600969) 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.

Hunan Chendian International Development Co Research & Development Related Terms

Hunan Chendian International Development Co Research & Development Historical Data

* Premium members only.

The historical data trend for Hunan Chendian International Development 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.

Hunan Chendian International Development Co Research & Development Chart

Hunan Chendian International Development 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 1.27 1.08 0.68 0.66 0.73

Hunan Chendian International Development 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 0.24 0.21 0.14 0.14 0.05
SHSE:600969
68GF Score
Hunan Chendian International Development Co Ltd SHSE:600969
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hunan Chendian International Development 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 ¥1 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 ¥1 Mil mean?
Hunan Chendian International Development Co (SHSE:600969) has a Research & Development of ¥1 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Hunan Chendian International Development Co and its competitors.
Is Hunan Chendian International Development Co's Research & Development too high?
Hunan Chendian International Development Co's current Research & Development is ¥1 Mil. Overall, Hunan Chendian International Development Co has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hunan Chendian International Development Co's Research & Development compare to SRE and AES?
Hunan Chendian International Development Co's Research & Development of ¥1 Mil can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Research & Development depends on the Utilities - Regulated 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 Hunan Chendian International Development Co and its competitors. Hunan Chendian International Development Co's current Research & Development is ¥1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hunan Chendian International Development Co stock overvalued right now?
Based on GuruFocus' analysis, Hunan Chendian International Development Co (SHSE:600969) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥7.12, compared to a current price of ¥8.09 — trading 13.6% above its estimated fair value. The current Research & Development is ¥1 Mil. Hunan Chendian International Development Co's overall GF Score™ is 68/100 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 Hunan Chendian International Development Co (SHSE:600969), the current Research & Development is ¥1 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 Hunan Chendian International Development Co (SHSE:600969) Overvalued in 2026?

Based on GuruFocus' analysis, Hunan Chendian International Development Co stock appears to be overvalued. The current stock price of ¥8.09 is trading 13.6% above its estimated GF Value™ of ¥7.12. GuruFocus considers Hunan Chendian International Development Co to be Modestly Overvalued.

Key valuation signals for SHSE:600969:

  • Research & Development: ¥1 Mil
  • GF Value™: ¥7.12 vs. price of ¥8.09 (13.6% above fair value)
  • GF Score™: 68/100 with 6 warning signs

No single metric tells the full story. See the SHSE:600969 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hunan Chendian International Development Co Business Description

Address Wanuo Building, No. 5 Youth Avenue, Hunan Province, Quzhou, CHN, 423000
Hunan Chendian International Development Co Ltd is a China-based company. Its business activities are divided into five divisions including Power supply business that purchases electricity from hydropower, power grid and China Southern Power Grid in the power supply area, and sells electricity to terminal power users through its transmission and power-distribution network, Water supply business mainly produces and sells tap water, Industrial gases provide gas supply services for large and medium-sized steel enterprises., Hydropower development is engaged in investment development and operation management of hydropower stations, and Sewage treatment invests in construction of operating sewage.
68GF Score

Get the complete analysis for SHSE:600969

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

¥8.09
Price
¥7.12
GF Value