Zhejiang Huayou Cobalt Co (SHSE:603799) Research & Development: ¥2,030 Mil (TTM As of Mar. 2026)

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SHSE:603799 Zhejiang Huayou Cobalt Co Ltd SHSE:603799
90 GF Score
Price ¥40.30
GF Value ¥46.94
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Zhejiang Huayou Cobalt Co Research & Development?

Zhejiang Huayou Cobalt Co SHSE:603799 +2.60% 90 Research & Development is ¥2,030 Mil as of Mar. 2026. GuruFocus rates SHSE:603799 with a GF Score™ of 90/100 and a GF Value™ of ¥46.94 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Zhejiang Huayou Cobalt Co's Research & Development for the three months ended in Mar. 2026 was ¥575 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥2,030 Mil.

Zhejiang Huayou Cobalt Co  (SHSE:603799) 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.

Zhejiang Huayou Cobalt Co Research & Development Related Terms

Zhejiang Huayou Cobalt Co Research & Development Historical Data

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The historical data trend for Zhejiang Huayou Cobalt 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.

Zhejiang Huayou Cobalt Co Research & Development Chart

Zhejiang Huayou Cobalt 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 816.27 1,708.61 1,440.59 1,300.16 1,682.17

Zhejiang Huayou Cobalt 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 227.46 308.37 448.48 697.87 575.28
SHSE:603799
90GF Score
Zhejiang Huayou Cobalt Co Ltd SHSE:603799
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Huayou Cobalt 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 ¥2,030 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 ¥2,030 Mil mean?
Zhejiang Huayou Cobalt Co (SHSE:603799) has a Research & Development of ¥2,030 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Zhejiang Huayou Cobalt Co and its competitors.
Is Zhejiang Huayou Cobalt Co's Research & Development too high?
Zhejiang Huayou Cobalt Co's current Research & Development is ¥2,030 Mil. Overall, Zhejiang Huayou Cobalt Co has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Huayou Cobalt Co's Research & Development compare to competitors?
Zhejiang Huayou Cobalt Co's Research & Development of ¥2,030 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Research & Development depends on the Metals & Mining 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 Zhejiang Huayou Cobalt Co and its competitors. Zhejiang Huayou Cobalt Co's current Research & Development is ¥2,030 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Huayou Cobalt Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Huayou Cobalt Co (SHSE:603799) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥46.94, compared to a current price of ¥40.30 — trading 14.1% below its estimated fair value. The current Research & Development is ¥2,030 Mil. Zhejiang Huayou Cobalt Co's overall GF Score™ is 90/100 with 4 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 Zhejiang Huayou Cobalt Co (SHSE:603799), the current Research & Development is ¥2,030 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 Zhejiang Huayou Cobalt Co (SHSE:603799) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Huayou Cobalt Co stock appears to be undervalued. The current stock price of ¥40.30 is trading 14.1% below its estimated GF Value™ of ¥46.94. GuruFocus considers Zhejiang Huayou Cobalt Co to be Modestly Undervalued.

Key valuation signals for SHSE:603799:

  • Research & Development: ¥2,030 Mil
  • GF Value™: ¥46.94 vs. price of ¥40.30 (14.1% below fair value)
  • GF Score™: 90/100 with 4 warning signs

No single metric tells the full story. See the SHSE:603799 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Zhejiang Huayou Cobalt Co Business Description

Address No. 18, Wuzhen East Road, Phase II, Tongxiang Economic Development Zone, Zhejiang Province, Tongxiang, CHN, 314500
Zhejiang Huayou Cobalt Co Ltd provides metal production and processing services. The company produces cobalt oxide, cobalt carbonate, cobalt hydroxide, cobalt oxalate, cobalt sulfate, cobalt monoxide, copper, nickel, and related products.
90GF Score

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

¥40.30
Price
¥46.94
GF Value