Ningbo Orient Wires & Cables Co (SHSE:603606) Research & Development: ¥403 Mil (TTM As of Mar. 2026)

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SHSE:603606 Ningbo Orient Wires & Cables Co Ltd SHSE:603606
89 GF Score
Price ¥39.20
GF Value ¥62.20
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Ningbo Orient Wires & Cables Co Research & Development?

Ningbo Orient Wires & Cables Co SHSE:603606 +0.36% 89 Research & Development is ¥403 Mil as of Mar. 2026. GuruFocus rates SHSE:603606 with a GF Score™ of 89/100 and a GF Value™ of ¥62.20 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Ningbo Orient Wires & Cables Co's Research & Development for the three months ended in Mar. 2026 was ¥90 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥403 Mil.

Ningbo Orient Wires & Cables Co  (SHSE:603606) 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.

Ningbo Orient Wires & Cables Co Research & Development Related Terms

Ningbo Orient Wires & Cables Co Research & Development Historical Data

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The historical data trend for Ningbo Orient Wires & Cables 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.

Ningbo Orient Wires & Cables Co Research & Development Chart

Ningbo Orient Wires & Cables 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 266.48 237.89 269.88 308.07 381.14

Ningbo Orient Wires & Cables 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 68.14 67.31 105.50 140.20 89.84
SHSE:603606
89GF Score
Ningbo Orient Wires & Cables Co Ltd SHSE:603606
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Ningbo Orient Wires & Cables 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 ¥403 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 ¥403 Mil mean?
Ningbo Orient Wires & Cables Co (SHSE:603606) has a Research & Development of ¥403 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Ningbo Orient Wires & Cables Co and its competitors.
Is Ningbo Orient Wires & Cables Co's Research & Development too high?
Ningbo Orient Wires & Cables Co's current Research & Development is ¥403 Mil. Overall, Ningbo Orient Wires & Cables Co has a GF Score™ of 89/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Orient Wires & Cables Co's Research & Development compare to VRT and BE?
Ningbo Orient Wires & Cables Co's Research & Development of ¥403 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Research & Development depends on the Industrial Products 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 Ningbo Orient Wires & Cables Co and its competitors. Ningbo Orient Wires & Cables Co's current Research & Development is ¥403 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Orient Wires & Cables Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Orient Wires & Cables Co (SHSE:603606) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥62.20, compared to a current price of ¥39.20 — trading 37% below its estimated fair value. The current Research & Development is ¥403 Mil. Ningbo Orient Wires & Cables 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 Ningbo Orient Wires & Cables Co (SHSE:603606), the current Research & Development is ¥403 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 Ningbo Orient Wires & Cables Co (SHSE:603606) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Orient Wires & Cables Co stock appears to be undervalued. The current stock price of ¥39.20 is trading 37% below its estimated GF Value™ of ¥62.20. GuruFocus considers Ningbo Orient Wires & Cables Co to be Significantly Undervalued.

Key valuation signals for SHSE:603606:

  • Research & Development: ¥403 Mil
  • GF Value™: ¥62.20 vs. price of ¥39.20 (37% below fair value)
  • GF Score™: 89/100 with 3 warning signs

No single metric tells the full story. See the SHSE:603606 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ningbo Orient Wires & Cables Co Business Description

Address No. 1800, Zhongshan East Road, 49-50 Floor, Guohua Financial Center, Beilun District, Zhejiang Province, Ningbo, CHN, 315100
Ningbo Orient Wires & Cables Co Ltd is engaged in the research & development, production, and sales of wires and cables; providing customized services for customers of cables for marine engineering.
89GF Score

Get the complete analysis for SHSE:603606

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

¥39.20
Price
¥62.20
GF Value