Jinhua Chunguang Technology Co (SHSE:603657) Research & Development: ¥86 Mil (TTM As of Mar. 2026)

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SHSE:603657 Jinhua Chunguang Technology Co Ltd SHSE:603657
81 GF Score
Price ¥28.50
GF Value ¥21.73
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Jinhua Chunguang Technology Co Research & Development?

Jinhua Chunguang Technology Co SHSE:603657 +1.17% 81 Research & Development is ¥86 Mil as of Mar. 2026. GuruFocus rates SHSE:603657 with a GF Score™ of 81/100 and a GF Value™ of ¥21.73 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Jinhua Chunguang Technology Co's Research & Development for the three months ended in Mar. 2026 was ¥18 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥86 Mil.

Jinhua Chunguang Technology Co  (SHSE:603657) 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.

Jinhua Chunguang Technology Co Research & Development Related Terms

Jinhua Chunguang Technology Co Research & Development Historical Data

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The historical data trend for Jinhua Chunguang 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.

Jinhua Chunguang Technology Co Research & Development Chart

Jinhua Chunguang Technology 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 45.78 65.77 64.62 67.78 87.30

Jinhua Chunguang Technology 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 19.31 20.85 17.95 29.19 18.45
SHSE:603657
81GF Score
Jinhua Chunguang Technology Co Ltd SHSE:603657
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Jinhua Chunguang 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 ¥86 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 ¥86 Mil mean?
Jinhua Chunguang Technology Co (SHSE:603657) has a Research & Development of ¥86 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Jinhua Chunguang Technology Co and its competitors.
Is Jinhua Chunguang Technology Co's Research & Development too high?
Jinhua Chunguang Technology Co's current Research & Development is ¥86 Mil. Overall, Jinhua Chunguang Technology Co has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jinhua Chunguang Technology Co's Research & Development compare to AAPL?
Jinhua Chunguang Technology Co's Research & Development of ¥86 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Research & Development depends on the Hardware 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 Jinhua Chunguang Technology Co and its competitors. Jinhua Chunguang Technology Co's current Research & Development is ¥86 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jinhua Chunguang Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Jinhua Chunguang Technology Co (SHSE:603657) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥21.73, compared to a current price of ¥28.50 — trading 31.2% above its estimated fair value. The current Research & Development is ¥86 Mil. Jinhua Chunguang Technology Co's overall GF Score™ is 81/100 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 Jinhua Chunguang Technology Co (SHSE:603657), the current Research & Development is ¥86 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 Jinhua Chunguang Technology Co (SHSE:603657) Overvalued in 2026?

Based on GuruFocus' analysis, Jinhua Chunguang Technology Co stock appears to be overvalued. The current stock price of ¥28.50 is trading 31.2% above its estimated GF Value™ of ¥21.73. GuruFocus considers Jinhua Chunguang Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:603657:

  • Research & Development: ¥86 Mil
  • GF Value™: ¥21.73 vs. price of ¥28.50 (31.2% above fair value)
  • GF Score™: 81/100 with 8 warning signs

No single metric tells the full story. See the SHSE:603657 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Jinhua Chunguang Technology Co Business Description

Address No. 1399, Huatai Road, Jinpan Development Zone, Zhejiang Province, Jinhua, CHN, 321016
Jinhua Chunguang Technology Co Ltd is a research and development, and manufacturing company of hose assemblies for cleaning appliances. The products of the company include central vacuum cleaner hoses series, steel wire, extrusion hose, blow mould hose, wet vacuum hose, and vacuum cleaner accessories for the home.
81GF Score

Get the complete analysis for SHSE:603657

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

¥28.50
Price
¥21.73
GF Value