Asia Cuanon Technology (Shanghai) Co (SHSE:603378) Research & Development: ¥8.8 Mil (TTM As of Mar. 2026)

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SHSE:603378 Asia Cuanon Technology (Shanghai) Co Ltd SHSE:603378
38 GF Score
Price ¥5.08
GF Value ¥1.18
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Asia Cuanon Technology (Shanghai) Co Research & Development?

Asia Cuanon Technology (Shanghai) Co SHSE:603378 +1.80% 38 Research & Development is ¥8.8 Mil as of Mar. 2026. GuruFocus rates SHSE:603378 with a GF Score™ of 38/100 and a GF Value™ of ¥1.18 (Significantly Overvalued). The stock has 10 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Asia Cuanon Technology (Shanghai) Co's Research & Development for the three months ended in Mar. 2026 was ¥1.4 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥8.8 Mil.

Asia Cuanon Technology (Shanghai) Co  (SHSE:603378) 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.

Asia Cuanon Technology (Shanghai) Co Research & Development Related Terms

Asia Cuanon Technology (Shanghai) Co Research & Development Historical Data

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The historical data trend for Asia Cuanon Technology (Shanghai) 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.

Asia Cuanon Technology (Shanghai) Co Research & Development Chart

Asia Cuanon Technology (Shanghai) 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 118.09 98.14 94.63 70.44 14.14

Asia Cuanon Technology (Shanghai) 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 6.73 7.76 4.27 -4.62 1.41
SHSE:603378
38GF Score
Asia Cuanon Technology (Shanghai) Co Ltd SHSE:603378
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Asia Cuanon Technology (Shanghai) 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 ¥8.8 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 ¥8.8 Mil mean?
Asia Cuanon Technology (Shanghai) Co (SHSE:603378) has a Research & Development of ¥8.8 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Asia Cuanon Technology (Shanghai) Co and its competitors.
Is Asia Cuanon Technology (Shanghai) Co's Research & Development too high?
Asia Cuanon Technology (Shanghai) Co's current Research & Development is ¥8.8 Mil. Overall, Asia Cuanon Technology (Shanghai) Co has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asia Cuanon Technology (Shanghai) Co's Research & Development compare to LIN and SHW?
Asia Cuanon Technology (Shanghai) Co's Research & Development of ¥8.8 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 Asia Cuanon Technology (Shanghai) Co and its competitors. Asia Cuanon Technology (Shanghai) Co's current Research & Development is ¥8.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Cuanon Technology (Shanghai) Co stock overvalued right now?
Based on GuruFocus' analysis, Asia Cuanon Technology (Shanghai) Co (SHSE:603378) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥1.18, compared to a current price of ¥5.08 — trading 330.5% above its estimated fair value. The current Research & Development is ¥8.8 Mil. Asia Cuanon Technology (Shanghai) Co's overall GF Score™ is 38/100 with 10 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 Asia Cuanon Technology (Shanghai) Co (SHSE:603378), the current Research & Development is ¥8.8 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 Asia Cuanon Technology (Shanghai) Co (SHSE:603378) Overvalued in 2026?

Based on GuruFocus' analysis, Asia Cuanon Technology (Shanghai) Co stock appears to be overvalued. The current stock price of ¥5.08 is trading 330.5% above its estimated GF Value™ of ¥1.18. GuruFocus considers Asia Cuanon Technology (Shanghai) Co to be Significantly Overvalued.

Key valuation signals for SHSE:603378:

  • Research & Development: ¥8.8 Mil
  • GF Value™: ¥1.18 vs. price of ¥5.08 (330.5% above fair value)
  • GF Score™: 38/100 with 10 warning signs

No single metric tells the full story. See the SHSE:603378 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Asia Cuanon Technology (Shanghai) Co Business Description

Address No. 28 Xintao Road, 3rd and 4th floor, Comprehensive Building, Qingpu Industrial Park, Shanghai, CHN, 201707
Asia Cuanon Technology (Shanghai) Co Ltd is engaged in research and development, manufacturing and service of functional architectural coatings, thermal insulation decorative panels, fireproof and thermal insulation materials. The company's products are widely used in real estate, residential community, hotel/office, and public construction projects.
38GF Score

Get the complete analysis for SHSE:603378

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

¥5.08
Price
¥1.18
GF Value