Zhongce Rubber Group Co (SHSE:603049) Research & Development: ¥1,566 Mil (TTM As of Mar. 2026)

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SHSE:603049 Zhongce Rubber Group Co Ltd SHSE:603049
11 GF Score
Price ¥47.92
! 6 Warning Signs
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What is Zhongce Rubber Group Co Research & Development?

Zhongce Rubber Group Co SHSE:603049 +1.03% 11 Research & Development is ¥1,566 Mil as of Mar. 2026. GuruFocus rates SHSE:603049 with a GF Score™ of 11/100. The stock has 6 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Zhongce Rubber Group Co's Research & Development for the three months ended in Mar. 2026 was ¥368 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥1,566 Mil.

Zhongce Rubber Group Co  (SHSE:603049) 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.

Zhongce Rubber Group Co Research & Development Related Terms

Zhongce Rubber Group Co Research & Development Historical Data

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The historical data trend for Zhongce Rubber Group 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.

Zhongce Rubber Group Co Research & Development Chart

Zhongce Rubber Group Co Annual Data
Trend Dec07 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,206.25 1,256.16 1,401.10 1,472.81 1,542.67

Zhongce Rubber Group Co Quarterly Data
Sep07 Dec07 Dec17 Dec18 Dec19 Dec20 Dec21 Jun22 Dec22 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 344.17 387.55 374.85 436.11 367.78
SHSE:603049
11GF Score
Zhongce Rubber Group Co Ltd SHSE:603049
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhongce Rubber Group 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 ¥1,566 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 ¥1,566 Mil mean?
Zhongce Rubber Group Co (SHSE:603049) has a Research & Development of ¥1,566 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Zhongce Rubber Group Co and its competitors.
Is Zhongce Rubber Group Co's Research & Development too high?
Zhongce Rubber Group Co's current Research & Development is ¥1,566 Mil. Overall, Zhongce Rubber Group Co has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Zhongce Rubber Group Co's Research & Development compare to ORLY and AZO?
Zhongce Rubber Group Co's Research & Development of ¥1,566 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 Zhongce Rubber Group Co and its competitors. Zhongce Rubber Group Co's current Research & Development is ¥1,566 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhongce Rubber Group Co stock overvalued right now?
Zhongce Rubber Group Co (SHSE:603049) has a current Research & Development of ¥1,566 Mil. The current Research & Development is ¥1,566 Mil. Zhongce Rubber Group Co's overall GF Score™ is 11/100 with 6 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 Zhongce Rubber Group Co (SHSE:603049), the current Research & Development is ¥1,566 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.

Zhongce Rubber Group Co Business Description

Address No. 1, No. 1 Street, Qiantang District, Zhejiang Province, Hangzhou, CHN, 310008
Zhongce Rubber Group Co Ltd is engaged in Research and development, production and sales of tire products such as all-steel tires, semi-steel tires, bias tires and car tires.
11GF Score

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

¥47.92
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