Chengdu Gas Group (SHSE:603053) Research & Development: ¥18 Mil (TTM As of Mar. 2026)

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SHSE:603053 Chengdu Gas Group Corp Ltd SHSE:603053
82 GF Score
Price ¥8.89
GF Value ¥9.97
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Chengdu Gas Group Research & Development?

Chengdu Gas Group SHSE:603053 +1.25% 82 Research & Development is ¥18 Mil as of Mar. 2026. GuruFocus rates SHSE:603053 with a GF Score™ of 82/100 and a GF Value™ of ¥9.97 (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. Chengdu Gas Group's Research & Development for the three months ended in Mar. 2026 was ¥10 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥18 Mil.

Chengdu Gas Group  (SHSE:603053) 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.

Chengdu Gas Group Research & Development Related Terms

Chengdu Gas Group Research & Development Historical Data

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The historical data trend for Chengdu Gas Group'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.

Chengdu Gas Group Research & Development Chart

Chengdu Gas Group 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 21.36 43.22 25.81 18.13 8.96

Chengdu Gas Group 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 0.25 0.04 2.25 6.42 9.59
SHSE:603053
82GF Score
Chengdu Gas Group Corp Ltd SHSE:603053
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Chengdu Gas Group 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 ¥18 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 ¥18 Mil mean?
Chengdu Gas Group (SHSE:603053) has a Research & Development of ¥18 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Chengdu Gas Group and its competitors.
Is Chengdu Gas Group's Research & Development too high?
Chengdu Gas Group's current Research & Development is ¥18 Mil. Overall, Chengdu Gas Group has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chengdu Gas Group's Research & Development compare to ATO and NI?
Chengdu Gas Group's Research & Development of ¥18 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 Chengdu Gas Group and its competitors. Chengdu Gas Group's current Research & Development is ¥18 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chengdu Gas Group stock overvalued right now?
Based on GuruFocus' analysis, Chengdu Gas Group (SHSE:603053) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥9.97, compared to a current price of ¥8.89 — trading 10.8% below its estimated fair value. The current Research & Development is ¥18 Mil. Chengdu Gas Group's overall GF Score™ is 82/100 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 Chengdu Gas Group (SHSE:603053), the current Research & Development is ¥18 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 Chengdu Gas Group (SHSE:603053) Overvalued in 2026?

Based on GuruFocus' analysis, Chengdu Gas Group stock appears to be undervalued. The current stock price of ¥8.89 is trading 10.8% below its estimated GF Value™ of ¥9.97. GuruFocus considers Chengdu Gas Group to be Modestly Undervalued.

Key valuation signals for SHSE:603053:

  • Research & Development: ¥18 Mil
  • GF Value™: ¥9.97 vs. price of ¥8.89 (10.8% below fair value)
  • GF Score™: 82/100 with 3 warning signs

No single metric tells the full story. See the SHSE:603053 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Chengdu Gas Group Business Description

Address No. 19 Shaoling Road, Wuhou District, Sichuan Province, Chengdu, CHN, 610041
Chengdu Gas Group Corp Ltd is engaged in urban gas supply in large and medium cities in China. The company's business includes city gas supply, gas engineering planning, design, construction and installation, gas transmission and distribution, application, management, gas intelligent system research and development, equipment manufacturing, gas special equipment, pressure vessels, measuring device testing, gas appliances and equipment sales.
82GF Score

Get the complete analysis for SHSE:603053

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

¥8.89
Price
¥9.97
GF Value