Ningbo Haitian Precision Machinery Co (SHSE:601882) Research & Development: ¥154 Mil (TTM As of Mar. 2026)


SHSE:601882 Ningbo Haitian Precision Machinery Co Ltd SHSE:601882
95 GF Score
Price ¥20.23
GF Value ¥23.34
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Ningbo Haitian Precision Machinery Co Research & Development?

Ningbo Haitian Precision Machinery Co SHSE:601882 +10.01% 95 Research & Development is ¥154 Mil as of Mar. 2026. GuruFocus rates SHSE:601882 with a GF Score™ of 95/100 and a GF Value™ of ¥23.34 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Ningbo Haitian Precision Machinery Co's Research & Development for the three months ended in Mar. 2026 was ¥37 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥154 Mil.

Ningbo Haitian Precision Machinery Co  (SHSE:601882) 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 Haitian Precision Machinery Co Research & Development Related Terms

Ningbo Haitian Precision Machinery Co Research & Development Historical Data

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The historical data trend for Ningbo Haitian Precision Machinery 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 Haitian Precision Machinery Co Research & Development Chart

Ningbo Haitian Precision Machinery 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 113.39 118.21 136.66 165.88 153.13

Ningbo Haitian Precision Machinery 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 35.92 42.62 40.60 33.98 36.95
SHSE:601882
95GF Score
Ningbo Haitian Precision Machinery Co Ltd SHSE:601882
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Ningbo Haitian Precision Machinery 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 ¥154 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 ¥154 Mil mean?
Ningbo Haitian Precision Machinery Co (SHSE:601882) has a Research & Development of ¥154 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Ningbo Haitian Precision Machinery Co and its competitors.
Is Ningbo Haitian Precision Machinery Co's Research & Development too high?
Ningbo Haitian Precision Machinery Co's current Research & Development is ¥154 Mil. Overall, Ningbo Haitian Precision Machinery Co has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Haitian Precision Machinery Co's Research & Development compare to GEV and ETN?
Ningbo Haitian Precision Machinery Co's Research & Development of ¥154 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 Ningbo Haitian Precision Machinery Co and its competitors. Ningbo Haitian Precision Machinery Co's current Research & Development is ¥154 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Haitian Precision Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Haitian Precision Machinery Co (SHSE:601882) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥23.34, compared to a current price of ¥20.23 — trading 13.3% below its estimated fair value. The current Research & Development is ¥154 Mil. Ningbo Haitian Precision Machinery Co's overall GF Score™ is 95/100 with 3 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 Haitian Precision Machinery Co (SHSE:601882), the current Research & Development is ¥154 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 Ningbo Haitian Precision Machinery Co (SHSE:601882) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Haitian Precision Machinery Co stock appears to be undervalued. The current stock price of ¥20.23 is trading 13.3% below its estimated GF Value™ of ¥23.34. GuruFocus considers Ningbo Haitian Precision Machinery Co to be Modestly Undervalued.

Key valuation signals for SHSE:601882:

  • Research & Development: ¥154 Mil
  • GF Value™: ¥23.34 vs. price of ¥20.23 (13.3% below fair value)
  • GF Score™: 95/100 with 3 warning signs

No single metric tells the full story. See the SHSE:601882 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ningbo Haitian Precision Machinery Co Business Description

Address 235 Huangshan Road, Dagang Industrial Zone, Beilun District, Ningbo, CHN, 315800
Ningbo Haitian Precision Machinery Co Ltd is the manufacturer of machine tools. The company produces a line of machine tools that includes horizontal machining centre series, vertical machining centre series, double-column machining centre series, CNC lathe/turning centre and milling machining centre series and high-speed double-column machining centre series. Its products are mainly used in military, automotive, aerospace, locomotive, energy, shipping and other industry sectors.
95GF Score

Get the complete analysis for SHSE:601882

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

¥20.23
Price
¥23.34
GF Value