Ningbo Jintian Copper Group Co (SHSE:601609) Research & Development: ¥700 Mil (TTM As of Jun. 2026)

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SHSE:601609 Ningbo Jintian Copper Group Co Ltd SHSE:601609
79 GF Score
Price ¥13.34
GF Value ¥7.66
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Ningbo Jintian Copper Group Co Research & Development?

Ningbo Jintian Copper Group Co SHSE:601609 -3.40% 79 Research & Development is ¥700 Mil as of Jun. 2026. GuruFocus rates SHSE:601609 with a GF Score™ of 79/100 and a GF Value™ of ¥7.66 (Significantly Overvalued). The stock has 9 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Ningbo Jintian Copper Group Co's Research & Development for the three months ended in Jun. 2026 was ¥215 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2026 was ¥700 Mil.

Ningbo Jintian Copper Group Co  (SHSE:601609) 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.

Ningbo Jintian Copper Group Co Research & Development Related Terms

Ningbo Jintian Copper Group Co Research & Development Historical Data

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The historical data trend for Ningbo Jintian Copper 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.

Ningbo Jintian Copper Group Co Research & Development Chart

Ningbo Jintian Copper 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 309.43 430.78 516.02 612.05 628.54

Ningbo Jintian Copper Group Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 157.29 158.70 169.25 157.32 214.84
SHSE:601609
79GF Score
Ningbo Jintian Copper Group Co Ltd SHSE:601609
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Ningbo Jintian Copper 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥700 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 ¥700 Mil mean?
Ningbo Jintian Copper Group Co (SHSE:601609) has a Research & Development of ¥700 Mil as of Jun. 2026. Research and development expense is the total cost for research and development activities. View historical data on Ningbo Jintian Copper Group Co and its competitors.
Is Ningbo Jintian Copper Group Co's Research & Development too high?
Ningbo Jintian Copper Group Co's current Research & Development is ¥700 Mil. Overall, Ningbo Jintian Copper Group Co has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Jintian Copper Group Co's Research & Development compare to SCCO and FCX?
Ningbo Jintian Copper Group Co's Research & Development of ¥700 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Research & Development depends on the Metals & Mining 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 Ningbo Jintian Copper Group Co and its competitors. Ningbo Jintian Copper Group Co's current Research & Development is ¥700 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Jintian Copper Group Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Jintian Copper Group Co (SHSE:601609) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥7.66, compared to a current price of ¥13.34 — trading 74.2% above its estimated fair value. The current Research & Development is ¥700 Mil. Ningbo Jintian Copper Group Co's overall GF Score™ is 79/100 with 9 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 Ningbo Jintian Copper Group Co (SHSE:601609), the current Research & Development is ¥700 Mil as of Jun. 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 Ningbo Jintian Copper Group Co (SHSE:601609) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Jintian Copper Group Co stock appears to be overvalued. The current stock price of ¥13.34 is trading 74.2% above its estimated GF Value™ of ¥7.66. GuruFocus considers Ningbo Jintian Copper Group Co to be Significantly Overvalued.

Key valuation signals for SHSE:601609:

  • Research & Development: ¥700 Mil
  • GF Value™: ¥7.66 vs. price of ¥13.34 (74.2% above fair value)
  • GF Score™: 79/100 with 9 warning signs

No single metric tells the full story. See the SHSE:601609 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ningbo Jintian Copper Group Co Business Description

Address No.1 West West Road, Cicheng Town, Zhejiang Province, Ningbo, CHN, 315034
Ningbo Jintian Copper Group Co Ltd is engaged in production and sales of recycled copper smelting, copper product processing, deep processing and sintered NdFeB permanent magnet materials. Its activity includes nonferrous and ferrous metal rolling, processing; manufacturing and processing of grinding wheels, wires, motors, hardware, valves, electronic components, fasteners; enameled wire, electrolytic copper, copper rods, plates, tapes, wires, tubes, magnetic materials, stainless steel products.
79GF Score

Get the complete analysis for SHSE:601609

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

¥13.34
Price
¥7.66
GF Value