Jinneng Science & Technology Co (SHSE:603113) Research & Development: ¥142 Mil (TTM As of Mar. 2026)


SHSE:603113 Jinneng Science & Technology Co Ltd SHSE:603113
55 GF Score
Price ¥4.15
GF Value ¥6.64
Valuation Possible Value Trap
! 5 Warning Signs
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What is Jinneng Science & Technology Co Research & Development?

Jinneng Science & Technology Co SHSE:603113 -3.26% 55 Research & Development is ¥142 Mil as of Mar. 2026. GuruFocus rates SHSE:603113 with a GF Score™ of 55/100 and a GF Value™ of ¥6.64 (Possible Value Trap). The stock has 5 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Jinneng Science & Technology Co's Research & Development for the three months ended in Mar. 2026 was ¥29 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥142 Mil.

Jinneng Science & Technology Co  (SHSE:603113) 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.

Jinneng Science & Technology Co Research & Development Related Terms

Jinneng Science & Technology Co Research & Development Historical Data

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The historical data trend for Jinneng Science & Technology 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.

Jinneng Science & Technology Co Research & Development Chart

Jinneng Science & Technology 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 162.02 144.11 113.85 134.26 153.53

Jinneng Science & Technology 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 40.07 35.43 41.24 36.79 28.98
SHSE:603113
55GF Score
Jinneng Science & Technology Co Ltd SHSE:603113
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Jinneng Science & Technology 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 ¥142 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 ¥142 Mil mean?
Jinneng Science & Technology Co (SHSE:603113) has a Research & Development of ¥142 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Jinneng Science & Technology Co and its competitors.
Is Jinneng Science & Technology Co's Research & Development too high?
Jinneng Science & Technology Co's current Research & Development is ¥142 Mil. Overall, Jinneng Science & Technology Co has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Jinneng Science & Technology Co's Research & Development compare to DOW?
Jinneng Science & Technology Co's Research & Development of ¥142 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 Jinneng Science & Technology Co and its competitors. Jinneng Science & Technology Co's current Research & Development is ¥142 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jinneng Science & Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Jinneng Science & Technology Co (SHSE:603113) is currently considered Possible Value Trap. The stock's GF Value™ is ¥6.64, compared to a current price of ¥4.15 — trading 37.5% below its estimated fair value. The current Research & Development is ¥142 Mil. Jinneng Science & Technology Co's overall GF Score™ is 55/100 with 5 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 Jinneng Science & Technology Co (SHSE:603113), the current Research & Development is ¥142 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 Jinneng Science & Technology Co (SHSE:603113) Overvalued in 2026?

Based on GuruFocus' analysis, Jinneng Science & Technology Co stock appears to be undervalued. The current stock price of ¥4.15 is trading 37.5% below its estimated GF Value™ of ¥6.64. GuruFocus considers Jinneng Science & Technology Co to be Possible Value Trap.

Key valuation signals for SHSE:603113:

  • Research & Development: ¥142 Mil
  • GF Value™: ¥6.64 vs. price of ¥4.15 (37.5% below fair value)
  • GF Score™: 55/100 with 5 warning signs

No single metric tells the full story. See the SHSE:603113 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Jinneng Science & Technology Co Business Description

Address No.1 Jinneng Road, Qihe County, Shandong, CHN, 251100
Jinneng Science & Technology Co Ltd is engaged in the production and distribution of chemical products and coal chemical products. It produces Coke, Carbon Black, Silica Dioxide, Technical Naphthalene, Pitch, Para Cresol, Sorbic Acid, & Potassium Sorbate. Geographically, business activities of the group are carried out through China.
55GF Score

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

¥4.15
Price
¥6.64
GF Value