Shanghai Baolong Automotive (SHSE:603197) Research & Development: ¥650 Mil (TTM As of Mar. 2026)


SHSE:603197 Shanghai Baolong Automotive Corp SHSE:603197
76 GF Score
Price ¥30.23
GF Value ¥53.78
Valuation Possible Value Trap
! 8 Warning Signs
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What is Shanghai Baolong Automotive Research & Development?

Shanghai Baolong Automotive SHSE:603197 +3.85% 76 Research & Development is ¥650 Mil as of Mar. 2026. GuruFocus rates SHSE:603197 with a GF Score™ of 76/100 and a GF Value™ of ¥53.78 (Possible Value Trap). The stock has 8 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Shanghai Baolong Automotive's Research & Development for the three months ended in Mar. 2026 was ¥150 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥650 Mil.

Shanghai Baolong Automotive  (SHSE:603197) 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.

Shanghai Baolong Automotive Research & Development Related Terms

Shanghai Baolong Automotive Research & Development Historical Data

* Premium members only.

The historical data trend for Shanghai Baolong Automotive'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.

Shanghai Baolong Automotive Research & Development Chart

Shanghai Baolong Automotive 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 280.50 326.72 469.53 570.36 632.56

Shanghai Baolong Automotive 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 132.67 159.21 157.77 182.91 150.01
SHSE:603197
76GF Score
Shanghai Baolong Automotive Corp SHSE:603197
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Baolong Automotive 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 ¥650 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 ¥650 Mil mean?
Shanghai Baolong Automotive (SHSE:603197) has a Research & Development of ¥650 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Shanghai Baolong Automotive and its competitors.
Is Shanghai Baolong Automotive's Research & Development too high?
Shanghai Baolong Automotive's current Research & Development is ¥650 Mil. Overall, Shanghai Baolong Automotive has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shanghai Baolong Automotive's Research & Development compare to ORLY and AZO?
Shanghai Baolong Automotive's Research & Development of ¥650 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Research & Development depends on the Vehicles & Parts 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 Shanghai Baolong Automotive and its competitors. Shanghai Baolong Automotive's current Research & Development is ¥650 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Baolong Automotive stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Baolong Automotive (SHSE:603197) is currently considered Possible Value Trap. The stock's GF Value™ is ¥53.78, compared to a current price of ¥30.23 — trading 43.8% below its estimated fair value. The current Research & Development is ¥650 Mil. Shanghai Baolong Automotive's overall GF Score™ is 76/100 with 8 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 Shanghai Baolong Automotive (SHSE:603197), the current Research & Development is ¥650 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 Shanghai Baolong Automotive (SHSE:603197) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Baolong Automotive stock appears to be undervalued. The current stock price of ¥30.23 is trading 43.8% below its estimated GF Value™ of ¥53.78. GuruFocus considers Shanghai Baolong Automotive to be Possible Value Trap.

Key valuation signals for SHSE:603197:

  • Research & Development: ¥650 Mil
  • GF Value™: ¥53.78 vs. price of ¥30.23 (43.8% below fair value)
  • GF Score™: 76/100 with 8 warning signs

No single metric tells the full story. See the SHSE:603197 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shanghai Baolong Automotive Business Description

Address 5500, Shenzhuan Road, Songjiang District, Shanghai, CHN, 201619
Shanghai Baolong Automotive Corp is a Chinese manufacturer of automotive parts and components. Its products include tire valves and accessories, wheel balancing weights, performance exhaust products, automotive pressure sensors, and hydro-forming automotive body parts, among others. The company sells its products in China and various other countries.
76GF Score

Get the complete analysis for SHSE:603197

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

¥30.23
Price
¥53.78
GF Value