Zhejiang Wansheng Co (SHSE:603010) Research & Development: ¥140 Mil (TTM As of Mar. 2026)

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SHSE:603010 Zhejiang Wansheng Co Ltd SHSE:603010
61 GF Score
Price ¥10.90
GF Value ¥11.03
Valuation Fairly Valued
! 8 Warning Signs
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What is Zhejiang Wansheng Co Research & Development?

Zhejiang Wansheng Co SHSE:603010 +1.02% 61 Research & Development is ¥140 Mil as of Mar. 2026. GuruFocus rates SHSE:603010 with a GF Score™ of 61/100 and a GF Value™ of ¥11.03 (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. Zhejiang Wansheng Co's Research & Development for the three months ended in Mar. 2026 was ¥31 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥140 Mil.

Zhejiang Wansheng Co  (SHSE:603010) 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.

Zhejiang Wansheng Co Research & Development Related Terms

Zhejiang Wansheng Co Research & Development Historical Data

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The historical data trend for Zhejiang Wansheng 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.

Zhejiang Wansheng Co Research & Development Chart

Zhejiang Wansheng 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 131.95 129.52 118.37 109.49 140.29

Zhejiang Wansheng 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 30.43 34.19 35.95 39.72 30.53
SHSE:603010
61GF Score
Zhejiang Wansheng Co Ltd SHSE:603010
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Wansheng 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 ¥140 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 ¥140 Mil mean?
Zhejiang Wansheng Co (SHSE:603010) has a Research & Development of ¥140 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Zhejiang Wansheng Co and its competitors.
Is Zhejiang Wansheng Co's Research & Development too high?
Zhejiang Wansheng Co's current Research & Development is ¥140 Mil. Overall, Zhejiang Wansheng Co has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Wansheng Co's Research & Development compare to LIN and SHW?
Zhejiang Wansheng Co's Research & Development of ¥140 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Research & Development depends on the Chemicals 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 Zhejiang Wansheng Co and its competitors. Zhejiang Wansheng Co's current Research & Development is ¥140 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Wansheng Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Wansheng Co (SHSE:603010) is currently considered Fairly Valued. The stock's GF Value™ is ¥11.03, compared to a current price of ¥10.90 — trading 1.2% below its estimated fair value. The current Research & Development is ¥140 Mil. Zhejiang Wansheng Co's overall GF Score™ is 61/100 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 Zhejiang Wansheng Co (SHSE:603010), the current Research & Development is ¥140 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 Zhejiang Wansheng Co (SHSE:603010) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Wansheng Co stock appears to be undervalued. The current stock price of ¥10.90 is trading 1.2% below its estimated GF Value™ of ¥11.03. GuruFocus considers Zhejiang Wansheng Co to be Fairly Valued.

Key valuation signals for SHSE:603010:

  • Research & Development: ¥140 Mil
  • GF Value™: ¥11.03 vs. price of ¥10.90 (1.2% below fair value)
  • GF Score™: 61/100 with 8 warning signs

No single metric tells the full story. See the SHSE:603010 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Zhejiang Wansheng Co Business Description

Address Liangshui Development Zone, No. 8, Jujing Road, Zhejiang Province, Linhai, CHN
Zhejiang Wansheng Co Ltd is a China-based chemical producer. The company is engaged in the manufacturing and sale of organic phosphorus-based flame retardants for rigid and flexible foam, special amines, and cardanol based curing agents and diluents. Its products are mainly used in the aerospace, automotive, electronics, construction, and furniture industry. The firm has a global presence and its products are exported to various countries and regions including the United States, Europe, South America, South Korea, Japan, and Southeast Asia.
61GF Score

Get the complete analysis for SHSE:603010

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

¥10.90
Price
¥11.03
GF Value