Anhui Yingjia Distillery Co (SHSE:603198) Research & Development: ¥64 Mil (TTM As of Mar. 2026)


SHSE:603198 Anhui Yingjia Distillery Co Ltd SHSE:603198
89 GF Score
Price ¥31.58
GF Value ¥47.40
Valuation Possible Value Trap
! 3 Warning Signs
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What is Anhui Yingjia Distillery Co Research & Development?

Anhui Yingjia Distillery Co SHSE:603198 +3.85% 89 Research & Development is ¥64 Mil as of Mar. 2026. GuruFocus rates SHSE:603198 with a GF Score™ of 89/100 and a GF Value™ of ¥47.40 (Possible Value Trap). The stock has 3 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Anhui Yingjia Distillery 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 ¥64 Mil.

Anhui Yingjia Distillery Co  (SHSE:603198) 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.

Anhui Yingjia Distillery Co Research & Development Related Terms

Anhui Yingjia Distillery Co Research & Development Historical Data

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The historical data trend for Anhui Yingjia Distillery 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.

Anhui Yingjia Distillery Co Research & Development Chart

Anhui Yingjia Distillery 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 55.92 61.18 81.46 81.26 63.99

Anhui Yingjia Distillery 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 11.70 14.50 13.97 23.82 12.10
SHSE:603198
89GF Score
Anhui Yingjia Distillery Co Ltd SHSE:603198
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Anhui Yingjia Distillery 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 ¥64 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 ¥64 Mil mean?
Anhui Yingjia Distillery Co (SHSE:603198) has a Research & Development of ¥64 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Anhui Yingjia Distillery Co and its competitors.
Is Anhui Yingjia Distillery Co's Research & Development too high?
Anhui Yingjia Distillery Co's current Research & Development is ¥64 Mil. Overall, Anhui Yingjia Distillery Co has a GF Score™ of 89/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Anhui Yingjia Distillery Co's Research & Development compare to BF.B?
Anhui Yingjia Distillery Co's Research & Development of ¥64 Mil can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Research & Development depends on the Beverages - Alcoholic 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 Anhui Yingjia Distillery Co and its competitors. Anhui Yingjia Distillery Co's current Research & Development is ¥64 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anhui Yingjia Distillery Co stock overvalued right now?
Based on GuruFocus' analysis, Anhui Yingjia Distillery Co (SHSE:603198) is currently considered Possible Value Trap. The stock's GF Value™ is ¥47.40, compared to a current price of ¥31.58 — trading 33.4% below its estimated fair value. The current Research & Development is ¥64 Mil. Anhui Yingjia Distillery Co's overall GF Score™ is 89/100 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 Anhui Yingjia Distillery Co (SHSE:603198), the current Research & Development is ¥64 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 Anhui Yingjia Distillery Co (SHSE:603198) Overvalued in 2026?

Based on GuruFocus' analysis, Anhui Yingjia Distillery Co stock appears to be undervalued. The current stock price of ¥31.58 is trading 33.4% below its estimated GF Value™ of ¥47.40. GuruFocus considers Anhui Yingjia Distillery Co to be Possible Value Trap.

Key valuation signals for SHSE:603198:

  • Research & Development: ¥64 Mil
  • GF Value™: ¥47.40 vs. price of ¥31.58 (33.4% below fair value)
  • GF Score™: 89/100 with 3 warning signs

No single metric tells the full story. See the SHSE:603198 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Anhui Yingjia Distillery Co Business Description

Address Foziling Town, Huoshan County, Anhui Province, Lu\'an, CHN, 237271
Anhui Yingjia, or Yingjia, is the second-largest baijiu distiller in Anhui province by sales revenue in 2024. The company produces rich-flavored baijiu, and it is one of the well-known brands in the mainstream market in Anhui and its surrounding provinces. Its flagship product, the Dongcang Yearly series, contributed about 50%-60% of the company's sales in 2025. Yingjia is 72% held by Anhui Yingjia Group, following a management buyout in 1997, so ownership comprises mainly Yingjia's management and core employees.
89GF Score

Get the complete analysis for SHSE:603198

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

¥31.58
Price
¥47.40
GF Value