Fujian Kuncai Material Technology Co (SHSE:603826) Research & Development: ¥42 Mil (TTM As of Mar. 2026)


SHSE:603826 Fujian Kuncai Material Technology Co Ltd SHSE:603826
51 GF Score
Price ¥23.95
GF Value ¥40.38
Valuation Significantly Undervalued
! 7 Warning Signs
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What is Fujian Kuncai Material Technology Co Research & Development?

Fujian Kuncai Material Technology Co SHSE:603826 -2.52% 51 Research & Development is ¥42 Mil as of Mar. 2026. GuruFocus rates SHSE:603826 with a GF Score™ of 51/100 and a GF Value™ of ¥40.38 (Significantly Undervalued). The stock has 7 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Fujian Kuncai Material Technology Co's Research & Development for the three months ended in Mar. 2026 was ¥9 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥42 Mil.

Fujian Kuncai Material Technology Co  (SHSE:603826) 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.

Fujian Kuncai Material Technology Co Research & Development Related Terms

Fujian Kuncai Material Technology Co Research & Development Historical Data

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The historical data trend for Fujian Kuncai Material 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.

Fujian Kuncai Material Technology Co Research & Development Chart

Fujian Kuncai Material 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 36.13 35.92 34.99 37.84 41.52

Fujian Kuncai Material 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 8.39 11.09 9.51 12.53 9.17
SHSE:603826
51GF Score
Fujian Kuncai Material Technology Co Ltd SHSE:603826
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Fujian Kuncai Material 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 ¥42 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 ¥42 Mil mean?
Fujian Kuncai Material Technology Co (SHSE:603826) has a Research & Development of ¥42 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Fujian Kuncai Material Technology Co and its competitors.
Is Fujian Kuncai Material Technology Co's Research & Development too high?
Fujian Kuncai Material Technology Co's current Research & Development is ¥42 Mil. Overall, Fujian Kuncai Material Technology Co has a GF Score™ of 51/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fujian Kuncai Material Technology Co's Research & Development compare to LIN and SHW?
Fujian Kuncai Material Technology Co's Research & Development of ¥42 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 Fujian Kuncai Material Technology Co and its competitors. Fujian Kuncai Material Technology Co's current Research & Development is ¥42 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fujian Kuncai Material Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Fujian Kuncai Material Technology Co (SHSE:603826) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥40.38, compared to a current price of ¥23.95 — trading 40.7% below its estimated fair value. The current Research & Development is ¥42 Mil. Fujian Kuncai Material Technology Co's overall GF Score™ is 51/100 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 Fujian Kuncai Material Technology Co (SHSE:603826), the current Research & Development is ¥42 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 Fujian Kuncai Material Technology Co (SHSE:603826) Overvalued in 2026?

Based on GuruFocus' analysis, Fujian Kuncai Material Technology Co stock appears to be undervalued. The current stock price of ¥23.95 is trading 40.7% below its estimated GF Value™ of ¥40.38. GuruFocus considers Fujian Kuncai Material Technology Co to be Significantly Undervalued.

Key valuation signals for SHSE:603826:

  • Research & Development: ¥42 Mil
  • GF Value™: ¥40.38 vs. price of ¥23.95 (40.7% below fair value)
  • GF Score™: 51/100 with 7 warning signs

No single metric tells the full story. See the SHSE:603826 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Fujian Kuncai Material Technology Co Business Description

Address Yuanhong Investment Zone, Fujian Province, Fuzhou, CHN, 350314
Fujian Kuncai Material Technology Co Ltd is a Chinese developer and manufacturer of pearlescent pigments. It manufactures various colors for use in automotive, plastics, cosmetics, ink, fluorocarbon coatings, wallpapers, 3C coatings and industrial coatings. The products offered by the company includes Peacock Series, Diamond Dragon Series, Silla Maya Series, Crystal Dragon Series, and FC Series Pearlescent Materials, among others. Its products have application in the industries of automotive coatings, cosmetics, plastics, inks, printing, industrial coatings, building materials, architectural decoration, and seed coating, among others. The entity sells its products in China, and also exports it to the various other countries.
51GF Score

Get the complete analysis for SHSE:603826

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

¥23.95
Price
¥40.38
GF Value