KTK Group Co (SHSE:603680) Research & Development: ¥199 Mil (TTM As of Mar. 2026)


SHSE:603680 KTK Group Co Ltd SHSE:603680
79 GF Score
Price ¥10.48
GF Value ¥10.42
Valuation Fairly Valued
! 1 Warning Sign
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What is KTK Group Co Research & Development?

KTK Group Co SHSE:603680 +5.01% 79 Research & Development is ¥199 Mil as of Mar. 2026. GuruFocus rates SHSE:603680 with a GF Score™ of 79/100 and a GF Value™ of ¥10.42 (Fairly Valued). The stock has 1 warning sign investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. KTK Group Co's Research & Development for the three months ended in Mar. 2026 was ¥40 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥199 Mil.

KTK Group Co  (SHSE:603680) 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.

KTK Group Co Research & Development Related Terms

KTK Group Co Research & Development Historical Data

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The historical data trend for KTK Group 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.

KTK Group Co Research & Development Chart

KTK Group 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 184.40 157.32 161.86 195.90 199.13

KTK Group 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 40.32 47.57 56.38 54.86 40.32
SHSE:603680
79GF Score
KTK Group Co Ltd SHSE:603680
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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KTK Group 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 ¥199 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 ¥199 Mil mean?
KTK Group Co (SHSE:603680) has a Research & Development of ¥199 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on KTK Group Co and its competitors.
Is KTK Group Co's Research & Development too high?
KTK Group Co's current Research & Development is ¥199 Mil. Overall, KTK Group Co has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does KTK Group Co's Research & Development compare to UNP and CSX?
KTK Group Co's Research & Development of ¥199 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Research & Development depends on the Transportation 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 KTK Group Co and its competitors. KTK Group Co's current Research & Development is ¥199 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KTK Group Co stock overvalued right now?
Based on GuruFocus' analysis, KTK Group Co (SHSE:603680) is currently considered Fairly Valued. The stock's GF Value™ is ¥10.42, compared to a current price of ¥10.48 — trading 0.6% above its estimated fair value. The current Research & Development is ¥199 Mil. KTK Group Co's overall GF Score™ is 79/100 with 1 warning sign 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 KTK Group Co (SHSE:603680), the current Research & Development is ¥199 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 KTK Group Co (SHSE:603680) Overvalued in 2026?

Based on GuruFocus' analysis, KTK Group Co stock appears to be overvalued. The current stock price of ¥10.48 is trading 0.6% above its estimated GF Value™ of ¥10.42. GuruFocus considers KTK Group Co to be Fairly Valued.

Key valuation signals for SHSE:603680:

  • Research & Development: ¥199 Mil
  • GF Value™: ¥10.42 vs. price of ¥10.48 (0.6% above fair value)
  • GF Score™: 79/100 with 1 warning sign

No single metric tells the full story. See the SHSE:603680 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

KTK Group Co Business Description

Address No.88-89, Jinchuang Road, Yaoguan Town, Wujin District, Jiangsu Province, Changzhou, CHN, 213000
KTK Group Co Ltd is engaged in research and development, production, sales and service of rail transit vehicle accessory products. The company's products are mainly divided into rail transport vehicles interior, electrical and equipment products, covering more than a thousand subdivision products such as door system, seat, and kitchen. Further, it is also engaged in the manufacturing of auxiliary electrical systems, information display systems, coupler systems, brake systems, shock absorption systems and other ancillary products. The company primarily serves global rail transit equipment giants such as China CRRC, Bombardier, Alstom, and Siemens, as well as Chinese urban rail metro customers.
79GF Score

Get the complete analysis for SHSE:603680

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

¥10.48
Price
¥10.42
GF Value