Power Construction of China (SHSE:601669) Research & Development: ¥23,698 Mil (TTM As of Mar. 2026)


SHSE:601669 Power Construction Corporation of China Ltd SHSE:601669
73 GF Score
Price ¥4.70
GF Value ¥6.07
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Power Construction of China Research & Development?

Power Construction of China SHSE:601669 -1.67% 73 Research & Development is ¥23,698 Mil as of Mar. 2026. GuruFocus rates SHSE:601669 with a GF Score™ of 73/100 and a GF Value™ of ¥6.07 (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. Power Construction of China's Research & Development for the three months ended in Mar. 2026 was ¥3,122 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥23,698 Mil.

Power Construction of China  (SHSE:601669) 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.

Power Construction of China Research & Development Related Terms

Power Construction of China Research & Development Historical Data

* Premium members only.

The historical data trend for Power Construction of China'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.

Power Construction of China Research & Development Chart

Power Construction of China 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 19,594.33 20,801.45 23,249.99 24,254.14 23,798.76

Power Construction of China 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 3,223.12 4,718.62 5,849.68 10,007.33 3,122.38
SHSE:601669
73GF Score
Power Construction Corporation of China Ltd SHSE:601669
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Power Construction of China 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 ¥23,698 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 ¥23,698 Mil mean?
Power Construction of China (SHSE:601669) has a Research & Development of ¥23,698 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Power Construction of China and its competitors.
Is Power Construction of China's Research & Development too high?
Power Construction of China's current Research & Development is ¥23,698 Mil. Overall, Power Construction of China has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Power Construction of China's Research & Development compare to PWR and FIX?
Power Construction of China's Research & Development of ¥23,698 Mil can be compared against companies in the Construction 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 Construction company?
A good Research & Development depends on the Construction 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 Power Construction of China and its competitors. Power Construction of China's current Research & Development is ¥23,698 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Power Construction of China stock overvalued right now?
Based on GuruFocus' analysis, Power Construction of China (SHSE:601669) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥6.07, compared to a current price of ¥4.70 — trading 22.6% below its estimated fair value. The current Research & Development is ¥23,698 Mil. Power Construction of China's overall GF Score™ is 73/100 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 Power Construction of China (SHSE:601669), the current Research & Development is ¥23,698 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 Power Construction of China (SHSE:601669) Overvalued in 2026?

Based on GuruFocus' analysis, Power Construction of China stock appears to be undervalued. The current stock price of ¥4.70 is trading 22.6% below its estimated GF Value™ of ¥6.07. GuruFocus considers Power Construction of China to be Modestly Undervalued.

Key valuation signals for SHSE:601669:

  • Research & Development: ¥23,698 Mil
  • GF Value™: ¥6.07 vs. price of ¥4.70 (22.6% below fair value)
  • GF Score™: 73/100 with 8 warning signs

No single metric tells the full story. See the SHSE:601669 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Power Construction of China Business Description

Address No. 1, Linglongxiang Road, Building 1, Tower A, China Power Construction Technology Innovation Industrial Park, Haidian District, Beijing, CHN, 100037
Power Construction Corporation of China Ltd is engaged in engineering contracting, power investment and operation, equipment manufacturing and leasing, and real estate development.
73GF Score

Get the complete analysis for SHSE:601669

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

¥4.70
Price
¥6.07
GF Value