Haiyang Technology Co (SHSE:603382) Research & Development: ¥157 Mil (TTM As of Mar. 2026)

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SHSE:603382 Haiyang Technology Co Ltd SHSE:603382
33 GF Score
Price ¥16.30
! 7 Warning Signs
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What is Haiyang Technology Co Research & Development?

Haiyang Technology Co SHSE:603382 +2.45% 33 Research & Development is ¥157 Mil as of Mar. 2026. GuruFocus rates SHSE:603382 with a GF Score™ of 33/100. The stock has 7 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Haiyang Technology Co's Research & Development for the three months ended in Mar. 2026 was ¥34 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥157 Mil.

Haiyang Technology Co  (SHSE:603382) 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.

Haiyang Technology Co Research & Development Related Terms

Haiyang Technology Co Research & Development Historical Data

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The historical data trend for Haiyang 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.

Haiyang Technology Co Research & Development Chart

Haiyang Technology Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial 89.64 80.67 74.33 111.40 147.86

Haiyang Technology Co Quarterly Data
Dec20 Dec21 Dec22 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 25.39 47.67 41.65 33.15 34.24
SHSE:603382
33GF Score
Haiyang Technology Co Ltd SHSE:603382
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Haiyang 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 ¥157 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 ¥157 Mil mean?
Haiyang Technology Co (SHSE:603382) has a Research & Development of ¥157 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Haiyang Technology Co and its competitors.
Is Haiyang Technology Co's Research & Development too high?
Haiyang Technology Co's current Research & Development is ¥157 Mil. Overall, Haiyang Technology Co has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Haiyang Technology Co's Research & Development compare to LIN and SHW?
Haiyang Technology Co's Research & Development of ¥157 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 Haiyang Technology Co and its competitors. Haiyang Technology Co's current Research & Development is ¥157 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Haiyang Technology Co stock overvalued right now?
Haiyang Technology Co (SHSE:603382) has a current Research & Development of ¥157 Mil. The current Research & Development is ¥157 Mil. Haiyang Technology Co's overall GF Score™ is 33/100 with 7 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 Haiyang Technology Co (SHSE:603382), the current Research & Development is ¥157 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.

Haiyang Technology Co Business Description

Address No. 122, Haiyang West Road, Jiangsu Province, Taizhou, CHN, 225300
Haiyang Technology Co Ltd is engaged in research and development, production and sales of nylon 6 series products. Its products include slice series, Cord Fabric, Fibers series.
33GF Score

Get the complete analysis for SHSE:603382

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

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