Ningbo Lehui International Engineering Equipment Co (SHSE:603076) Research & Development: ¥67 Mil (TTM As of Mar. 2026)

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SHSE:603076 Ningbo Lehui International Engineering Equipment Co Ltd SHSE:603076
70 GF Score
Price ¥18.75
GF Value ¥30.33
Valuation Possible Value Trap
! 7 Warning Signs
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What is Ningbo Lehui International Engineering Equipment Co Research & Development?

Ningbo Lehui International Engineering Equipment Co SHSE:603076 +3.59% 70 Research & Development is ¥67 Mil as of Mar. 2026. GuruFocus rates SHSE:603076 with a GF Score™ of 70/100 and a GF Value™ of ¥30.33 (Possible Value Trap). The stock has 7 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Ningbo Lehui International Engineering Equipment Co's Research & Development for the three months ended in Mar. 2026 was ¥12 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥67 Mil.

Ningbo Lehui International Engineering Equipment Co  (SHSE:603076) 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.

Ningbo Lehui International Engineering Equipment Co Research & Development Related Terms

Ningbo Lehui International Engineering Equipment Co Research & Development Historical Data

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The historical data trend for Ningbo Lehui International Engineering Equipment 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.

Ningbo Lehui International Engineering Equipment Co Research & Development Chart

Ningbo Lehui International Engineering Equipment 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 38.30 52.05 62.86 57.12 65.77

Ningbo Lehui International Engineering Equipment 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 10.77 14.74 16.04 24.22 12.39
SHSE:603076
70GF Score
Ningbo Lehui International Engineering Equipment Co Ltd SHSE:603076
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Ningbo Lehui International Engineering Equipment 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 ¥67 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 ¥67 Mil mean?
Ningbo Lehui International Engineering Equipment Co (SHSE:603076) has a Research & Development of ¥67 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Ningbo Lehui International Engineering Equipment Co and its competitors.
Is Ningbo Lehui International Engineering Equipment Co's Research & Development too high?
Ningbo Lehui International Engineering Equipment Co's current Research & Development is ¥67 Mil. Overall, Ningbo Lehui International Engineering Equipment Co has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ningbo Lehui International Engineering Equipment Co's Research & Development compare to GEV and ETN?
Ningbo Lehui International Engineering Equipment Co's Research & Development of ¥67 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Research & Development depends on the Industrial Products 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 Ningbo Lehui International Engineering Equipment Co and its competitors. Ningbo Lehui International Engineering Equipment Co's current Research & Development is ¥67 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Lehui International Engineering Equipment Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Lehui International Engineering Equipment Co (SHSE:603076) is currently considered Possible Value Trap. The stock's GF Value™ is ¥30.33, compared to a current price of ¥18.75 — trading 38.2% below its estimated fair value. The current Research & Development is ¥67 Mil. Ningbo Lehui International Engineering Equipment Co's overall GF Score™ is 70/100 with 7 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 Ningbo Lehui International Engineering Equipment Co (SHSE:603076), the current Research & Development is ¥67 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 Ningbo Lehui International Engineering Equipment Co (SHSE:603076) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Lehui International Engineering Equipment Co stock appears to be undervalued. The current stock price of ¥18.75 is trading 38.2% below its estimated GF Value™ of ¥30.33. GuruFocus considers Ningbo Lehui International Engineering Equipment Co to be Possible Value Trap.

Key valuation signals for SHSE:603076:

  • Research & Development: ¥67 Mil
  • GF Value™: ¥30.33 vs. price of ¥18.75 (38.2% below fair value)
  • GF Score™: 70/100 with 7 warning signs

No single metric tells the full story. See the SHSE:603076 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ningbo Lehui International Engineering Equipment Co Business Description

Address No. 1 Chaohui Road, Xizhou Town, Zhejiang Province, Ningbo, CHN, 315722
Ningbo Lehui International Engineering Equipment Co Ltd operates as a brewery equipment manufacturing company. Its products consist of scale brewery equipment such as brew-house, cellar and filtration, craft brewery equipment, beverage and liquid food technology, bio, and food equipment, retort and automation technology comprising of renovating and reconstructing and process control system and others. The company's products have applications in beer, beverages, food, biology, medicine and other departments. It distributes its products within domestic as well as in international market.
70GF Score

Get the complete analysis for SHSE:603076

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

¥18.75
Price
¥30.33
GF Value