Zhejiang Rongtai Electric Material Co (SHSE:603119) Research & Development: ¥71 Mil (TTM As of Mar. 2026)

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SHSE:603119 Zhejiang Rongtai Electric Material Co Ltd SHSE:603119
88 GF Score
Price ¥54.49
GF Value ¥30.26
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Zhejiang Rongtai Electric Material Co Research & Development?

Zhejiang Rongtai Electric Material Co SHSE:603119 +1.66% 88 Research & Development is ¥71 Mil as of Mar. 2026. GuruFocus rates SHSE:603119 with a GF Score™ of 88/100 and a GF Value™ of ¥30.26 (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. Zhejiang Rongtai Electric Material Co's Research & Development for the three months ended in Mar. 2026 was ¥20 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥71 Mil.

Zhejiang Rongtai Electric Material Co  (SHSE:603119) 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.

Zhejiang Rongtai Electric Material Co Research & Development Related Terms

Zhejiang Rongtai Electric Material Co Research & Development Historical Data

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The historical data trend for Zhejiang Rongtai Electric Material 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.

Zhejiang Rongtai Electric Material Co Research & Development Chart

Zhejiang Rongtai Electric Material Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial 29.10 33.67 45.11 61.31 65.47

Zhejiang Rongtai Electric Material Co Quarterly Data
Dec19 Dec20 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 14.28 12.12 20.23 18.85 19.68
SHSE:603119
88GF Score
Zhejiang Rongtai Electric Material Co Ltd SHSE:603119
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Rongtai Electric Material 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 ¥71 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 ¥71 Mil mean?
Zhejiang Rongtai Electric Material Co (SHSE:603119) has a Research & Development of ¥71 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Zhejiang Rongtai Electric Material Co and its competitors.
Is Zhejiang Rongtai Electric Material Co's Research & Development too high?
Zhejiang Rongtai Electric Material Co's current Research & Development is ¥71 Mil. Overall, Zhejiang Rongtai Electric Material Co has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Rongtai Electric Material Co's Research & Development compare to APH and GLW?
Zhejiang Rongtai Electric Material Co's Research & Development of ¥71 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Research & Development depends on the Hardware 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 Zhejiang Rongtai Electric Material Co and its competitors. Zhejiang Rongtai Electric Material Co's current Research & Development is ¥71 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Rongtai Electric Material Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Rongtai Electric Material Co (SHSE:603119) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥30.26, compared to a current price of ¥54.49 — trading 80.1% above its estimated fair value. The current Research & Development is ¥71 Mil. Zhejiang Rongtai Electric Material Co's overall GF Score™ is 88/100 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 Zhejiang Rongtai Electric Material Co (SHSE:603119), the current Research & Development is ¥71 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 Zhejiang Rongtai Electric Material Co (SHSE:603119) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Rongtai Electric Material Co stock appears to be overvalued. The current stock price of ¥54.49 is trading 80.1% above its estimated GF Value™ of ¥30.26. GuruFocus considers Zhejiang Rongtai Electric Material Co to be Significantly Overvalued.

Key valuation signals for SHSE:603119:

  • Research & Development: ¥71 Mil
  • GF Value™: ¥30.26 vs. price of ¥54.49 (80.1% above fair value)
  • GF Score™: 88/100 with 2 warning signs

No single metric tells the full story. See the SHSE:603119 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Zhejiang Rongtai Electric Material Co Business Description

Address No. 308, Zhongxing Road, Fengqiao Town, Nanhu, Zhejiang, Jiaxing, CHN, 314007
Zhejiang Rongtai Electric Material Co Ltd is a high-tech enterprise specializing in the research, development, production, and sales of new composite materials of high temperature resistant insulating mica with multiple plants in Zhejiang and Hunan, and is one of the global market leaders in mica products. Its main products include mica rigid materials, flexible materials, heat generating components, thermal management mica safety components and various mica derivative products. its mica products are widely used in new energy vehicles, rail transportation, aerospace and military ships, special wires and cables, intelligent household appliances and other related industrial fields, and provide customers with professional one-stop system solutions for electrical and thermal insulation.
88GF Score

Get the complete analysis for SHSE:603119

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

¥54.49
Price
¥30.26
GF Value