Xi'An Shaangu Power Co (SHSE:601369) Research & Development: ¥245 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:601369 Xi'An Shaangu Power Co Ltd SHSE:601369
81 GF Score
Price ¥9.32
GF Value ¥8.33
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Xi'An Shaangu Power Co Research & Development?

Xi'An Shaangu Power Co SHSE:601369 +1.08% 81 Research & Development is ¥245 Mil as of Mar. 2026. GuruFocus rates SHSE:601369 with a GF Score™ of 81/100 and a GF Value™ of ¥8.33 (Modestly Overvalued). The stock has 4 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Xi'An Shaangu Power Co's Research & Development for the three months ended in Mar. 2026 was ¥81 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥245 Mil.


Xi'An Shaangu Power Co  (SHSE:601369) 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.


Xi'An Shaangu Power Co Research & Development Related Terms


Xi'An Shaangu Power Co Research & Development Historical Data

* Premium members only.

The historical data trend for Xi'An Shaangu Power 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.

Xi'An Shaangu Power Co Research & Development Chart

Xi'An Shaangu Power 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 326.95 360.68 276.69 416.24 256.72

Xi'An Shaangu Power 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 93.21 66.75 73.53 23.24 81.49
SHSE:601369
81GF Score
Xi'An Shaangu Power Co Ltd SHSE:601369
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Xi'An Shaangu Power 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 ¥245 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 ¥245 Mil mean?
Xi'An Shaangu Power Co (SHSE:601369) has a Research & Development of ¥245 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Xi'An Shaangu Power Co and its competitors.
Is Xi'An Shaangu Power Co's Research & Development too high?
Xi'An Shaangu Power Co's current Research & Development is ¥245 Mil. Overall, Xi'An Shaangu Power Co has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Xi'An Shaangu Power Co's Research & Development compare to GEV and ETN?
Xi'An Shaangu Power Co's Research & Development of ¥245 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 Xi'An Shaangu Power Co and its competitors. Xi'An Shaangu Power Co's current Research & Development is ¥245 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xi'An Shaangu Power Co stock overvalued right now?
Based on GuruFocus' analysis, Xi'An Shaangu Power Co (SHSE:601369) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥8.33, compared to a current price of ¥9.32 — trading 11.9% above its estimated fair value. The current Research & Development is ¥245 Mil. Xi'An Shaangu Power Co's overall GF Score™ is 81/100 with 4 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 Xi'An Shaangu Power Co (SHSE:601369), the current Research & Development is ¥245 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 Xi'An Shaangu Power Co (SHSE:601369) Overvalued in 2026?

Based on GuruFocus' analysis, Xi'An Shaangu Power Co stock appears to be overvalued. The current stock price of ¥9.32 is trading 11.9% above its estimated GF Value™ of ¥8.33. GuruFocus considers Xi'An Shaangu Power Co to be Modestly Overvalued.

Key valuation signals for SHSE:601369:

  • Research & Development: ¥245 Mil
  • GF Value™: ¥8.33 vs. price of ¥9.32 (11.9% above fair value)
  • GF Score™: 81/100 with 4 warning signs

No single metric tells the full story. See the SHSE:601369 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Xi'An Shaangu Power Co Business Description

Address No.18 Shaangu Road, Lintong District, Xi\'an, CHN, 710611
Xi'An Shaangu Power Co Ltd is engaged in providing systematic solutions and services for turbo-machinery in the fields of chemical industry, petroleum, metallurgical industry, air separation, power generation, civil construction, environmental protection, and national defense. Services are provided for axial compressors, energy recovery and power generation turbine unit, centrifugal compressors, centrifugal blowers, large fans and steam turbines.
81GF Score

Get the complete analysis for SHSE:601369

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

¥9.32
Price
¥8.33
GF Value