Zhejiang Huangma Technology Co (SHSE:603181) Research & Development: ¥102 Mil (TTM As of Mar. 2026)


SHSE:603181 Zhejiang Huangma Technology Co Ltd SHSE:603181
85 GF Score
Price ¥16.39
GF Value ¥13.56
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Zhejiang Huangma Technology Co Research & Development?

Zhejiang Huangma Technology Co SHSE:603181 +1.05% 85 Research & Development is ¥102 Mil as of Mar. 2026. GuruFocus rates SHSE:603181 with a GF Score™ of 85/100 and a GF Value™ of ¥13.56 (Modestly Overvalued). The stock has 3 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Zhejiang Huangma Technology Co's Research & Development for the three months ended in Mar. 2026 was ¥28 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥102 Mil.

Zhejiang Huangma Technology Co  (SHSE:603181) 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 Huangma Technology Co Research & Development Related Terms

Zhejiang Huangma Technology Co Research & Development Historical Data

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The historical data trend for Zhejiang Huangma 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.

Zhejiang Huangma Technology Co Research & Development Chart

Zhejiang Huangma 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 91.86 100.49 76.19 88.40 96.99

Zhejiang Huangma 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 22.44 22.93 23.72 27.91 27.73
SHSE:603181
85GF Score
Zhejiang Huangma Technology Co Ltd SHSE:603181
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Huangma 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 ¥102 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 ¥102 Mil mean?
Zhejiang Huangma Technology Co (SHSE:603181) has a Research & Development of ¥102 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Zhejiang Huangma Technology Co and its competitors.
Is Zhejiang Huangma Technology Co's Research & Development too high?
Zhejiang Huangma Technology Co's current Research & Development is ¥102 Mil. Overall, Zhejiang Huangma Technology Co has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Huangma Technology Co's Research & Development compare to LIN and SHW?
Zhejiang Huangma Technology Co's Research & Development of ¥102 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 Zhejiang Huangma Technology Co and its competitors. Zhejiang Huangma Technology Co's current Research & Development is ¥102 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Huangma Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Huangma Technology Co (SHSE:603181) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥13.56, compared to a current price of ¥16.39 — trading 20.9% above its estimated fair value. The current Research & Development is ¥102 Mil. Zhejiang Huangma Technology Co's overall GF Score™ is 85/100 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 Zhejiang Huangma Technology Co (SHSE:603181), the current Research & Development is ¥102 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 Huangma Technology Co (SHSE:603181) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Huangma Technology Co stock appears to be overvalued. The current stock price of ¥16.39 is trading 20.9% above its estimated GF Value™ of ¥13.56. GuruFocus considers Zhejiang Huangma Technology Co to be Modestly Overvalued.

Key valuation signals for SHSE:603181:

  • Research & Development: ¥102 Mil
  • GF Value™: ¥13.56 vs. price of ¥16.39 (20.9% above fair value)
  • GF Score™: 85/100 with 3 warning signs

No single metric tells the full story. See the SHSE:603181 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Zhejiang Huangma Technology Co Business Description

Address Zhangzhen Industrial New District, Shangyu District, Zhejiang Province, Shaoxing, CHN, 312363
Zhejiang Huangma Technology Co Ltd is focused on the development, production and sales of speciality surfactants. Its product offering includes more than 1,200 products in the chemical fibre Oil olate, printing and textile auxiliaries plate, lubricant and metalworking fluids plate, water reducing agent plate, coating plate, silicones surfactant plate, pesticide auxiliary plate, water treatment plate, personal care plate and other surfactant plates. The products are widely applied to silicone, lubricants and metal processing, environmentally friendly coatings, composite new materials, special fibres, agrochemical additives and other downstream areas.
85GF Score

Get the complete analysis for SHSE:603181

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

¥16.39
Price
¥13.56
GF Value