China National Nuclear Power Co (SHSE:601985) Research & Development: ¥1,526 Mil (TTM As of Mar. 2026)


SHSE:601985 China National Nuclear Power Co Ltd SHSE:601985
83 GF Score
Price ¥8.93
GF Value ¥8.98
Valuation Fairly Valued
! 8 Warning Signs
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What is China National Nuclear Power Co Research & Development?

China National Nuclear Power Co SHSE:601985 -0.56% 83 Research & Development is ¥1,526 Mil as of Mar. 2026. GuruFocus rates SHSE:601985 with a GF Score™ of 83/100 and a GF Value™ of ¥8.98 (Fairly Valued). The stock has 8 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. China National Nuclear Power Co's Research & Development for the three months ended in Mar. 2026 was ¥56 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥1,526 Mil.

China National Nuclear Power Co  (SHSE:601985) 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.

China National Nuclear Power Co Research & Development Related Terms

China National Nuclear Power Co Research & Development Historical Data

* Premium members only.

The historical data trend for China National Nuclear 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.

China National Nuclear Power Co Research & Development Chart

China National Nuclear 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 1,877.12 2,957.78 1,619.40 1,596.50 1,528.60

China National Nuclear 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 58.92 408.34 289.97 771.38 56.13
SHSE:601985
83GF Score
China National Nuclear Power Co Ltd SHSE:601985
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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China National Nuclear 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 ¥1,526 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 ¥1,526 Mil mean?
China National Nuclear Power Co (SHSE:601985) has a Research & Development of ¥1,526 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on China National Nuclear Power Co and its competitors.
Is China National Nuclear Power Co's Research & Development too high?
China National Nuclear Power Co's current Research & Development is ¥1,526 Mil. Overall, China National Nuclear Power Co has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China National Nuclear Power Co's Research & Development compare to NEE and SO?
China National Nuclear Power Co's Research & Development of ¥1,526 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 China National Nuclear Power Co and its competitors. China National Nuclear Power Co's current Research & Development is ¥1,526 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China National Nuclear Power Co stock overvalued right now?
Based on GuruFocus' analysis, China National Nuclear Power Co (SHSE:601985) is currently considered Fairly Valued. The stock's GF Value™ is ¥8.98, compared to a current price of ¥8.93 — trading 0.6% below its estimated fair value. The current Research & Development is ¥1,526 Mil. China National Nuclear Power Co's overall GF Score™ is 83/100 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 China National Nuclear Power Co (SHSE:601985), the current Research & Development is ¥1,526 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 China National Nuclear Power Co (SHSE:601985) Overvalued in 2026?

Based on GuruFocus' analysis, China National Nuclear Power Co stock appears to be undervalued. The current stock price of ¥8.93 is trading 0.6% below its estimated GF Value™ of ¥8.98. GuruFocus considers China National Nuclear Power Co to be Fairly Valued.

Key valuation signals for SHSE:601985:

  • Research & Development: ¥1,526 Mil
  • GF Value™: ¥8.98 vs. price of ¥8.93 (0.6% below fair value)
  • GF Score™: 83/100 with 8 warning signs

No single metric tells the full story. See the SHSE:601985 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

China National Nuclear Power Co Business Description

Address No. 9, Linglong Road, Building 10, East District, Haidian District, Beijing, CHN, 100097
China National Nuclear Power Co Ltd is engaged in the development, investment, construction, operation, and management of nuclear power projects in China. It also engages in technical research in the operation of nuclear power plants and the provision of related technical and consultancy services.
83GF Score

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

¥8.93
Price
¥8.98
GF Value