Hangzhou XZB Tech Co (SHSE:603040) Research & Development: ¥43.4 Mil (TTM As of Mar. 2026)

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SHSE:603040 Hangzhou XZB Tech Co Ltd SHSE:603040
84 GF Score
Price ¥52.20
GF Value ¥24.04
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Hangzhou XZB Tech Co Research & Development?

Hangzhou XZB Tech Co SHSE:603040 +1.06% 84 Research & Development is ¥43.4 Mil as of Mar. 2026. GuruFocus rates SHSE:603040 with a GF Score™ of 84/100 and a GF Value™ of ¥24.04 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Hangzhou XZB Tech Co's Research & Development for the three months ended in Mar. 2026 was ¥10.9 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥43.4 Mil.

Hangzhou XZB Tech Co  (SHSE:603040) 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.

Hangzhou XZB Tech Co Research & Development Related Terms

Hangzhou XZB Tech Co Research & Development Historical Data

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The historical data trend for Hangzhou XZB Tech 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.

Hangzhou XZB Tech Co Research & Development Chart

Hangzhou XZB Tech 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 32.08 33.41 36.81 37.47 40.93

Hangzhou XZB Tech 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 8.44 8.83 10.74 12.92 10.88
SHSE:603040
84GF Score
Hangzhou XZB Tech Co Ltd SHSE:603040
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Hangzhou XZB Tech 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 ¥43.4 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 ¥43.4 Mil mean?
Hangzhou XZB Tech Co (SHSE:603040) has a Research & Development of ¥43.4 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Hangzhou XZB Tech Co and its competitors.
Is Hangzhou XZB Tech Co's Research & Development too high?
Hangzhou XZB Tech Co's current Research & Development is ¥43.4 Mil. Overall, Hangzhou XZB Tech Co has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hangzhou XZB Tech Co's Research & Development compare to ORLY and AZO?
Hangzhou XZB Tech Co's Research & Development of ¥43.4 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Research & Development depends on the Vehicles & Parts 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 Hangzhou XZB Tech Co and its competitors. Hangzhou XZB Tech Co's current Research & Development is ¥43.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangzhou XZB Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Hangzhou XZB Tech Co (SHSE:603040) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥24.04, compared to a current price of ¥52.20 — trading 117.1% above its estimated fair value. The current Research & Development is ¥43.4 Mil. Hangzhou XZB Tech Co's overall GF Score™ is 84/100 with 2 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 Hangzhou XZB Tech Co (SHSE:603040), the current Research & Development is ¥43.4 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 Hangzhou XZB Tech Co (SHSE:603040) Overvalued in 2026?

Based on GuruFocus' analysis, Hangzhou XZB Tech Co stock appears to be overvalued. The current stock price of ¥52.20 is trading 117.1% above its estimated GF Value™ of ¥24.04. GuruFocus considers Hangzhou XZB Tech Co to be Significantly Overvalued.

Key valuation signals for SHSE:603040:

  • Research & Development: ¥43.4 Mil
  • GF Value™: ¥24.04 vs. price of ¥52.20 (117.1% above fair value)
  • GF Score™: 84/100 with 2 warning signs

No single metric tells the full story. See the SHSE:603040 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hangzhou XZB Tech Co Business Description

Address No.18 Longtan Road, Building 1-5, Yuhang District, Zhejiang Province, Hangzhou, CHN, 311121
Hangzhou XZB Tech Co Ltd is a China based company engaged in the research and development of valve train systems and parts manufacturing in car industry. The products offered by the company includes valve cotters (collets), valve spring retainers, hydraulic lash adjusters and finger followers, push rods and tappets for heavy-duty diesel engines. In addition, the company also produces precision cold-forming components together with good service for power tools, household electrical appliance, aerospace, machinery and other applications.
84GF Score

Get the complete analysis for SHSE:603040

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

¥52.20
Price
¥24.04
GF Value