Hangzhou Greenda Electronic Materials Co (SHSE:603931) Research & Development: ¥31.8 Mil (TTM As of Mar. 2026)

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SHSE:603931 Hangzhou Greenda Electronic Materials Co Ltd SHSE:603931
61 GF Score
Price ¥38.00
GF Value ¥22.98
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Hangzhou Greenda Electronic Materials Co Research & Development?

Hangzhou Greenda Electronic Materials Co SHSE:603931 -2.01% 61 Research & Development is ¥31.8 Mil as of Mar. 2026. GuruFocus rates SHSE:603931 with a GF Score™ of 61/100 and a GF Value™ of ¥22.98 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Hangzhou Greenda Electronic Materials Co's Research & Development for the three months ended in Mar. 2026 was ¥5.6 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥31.8 Mil.

Hangzhou Greenda Electronic Materials Co  (SHSE:603931) 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.

Hangzhou Greenda Electronic Materials Co Research & Development Related Terms

Hangzhou Greenda Electronic Materials Co Research & Development Historical Data

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The historical data trend for Hangzhou Greenda Electronic Materials 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.

Hangzhou Greenda Electronic Materials Co Research & Development Chart

Hangzhou Greenda Electronic Materials 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 28.22 38.74 31.51 33.27 31.95

Hangzhou Greenda Electronic Materials 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 5.78 7.64 7.39 11.14 5.63
SHSE:603931
61GF Score
Hangzhou Greenda Electronic Materials Co Ltd SHSE:603931
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Hangzhou Greenda Electronic Materials 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 ¥31.8 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 ¥31.8 Mil mean?
Hangzhou Greenda Electronic Materials Co (SHSE:603931) has a Research & Development of ¥31.8 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Hangzhou Greenda Electronic Materials Co and its competitors.
Is Hangzhou Greenda Electronic Materials Co's Research & Development too high?
Hangzhou Greenda Electronic Materials Co's current Research & Development is ¥31.8 Mil. Overall, Hangzhou Greenda Electronic Materials Co has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hangzhou Greenda Electronic Materials Co's Research & Development compare to DOW?
Hangzhou Greenda Electronic Materials Co's Research & Development of ¥31.8 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 Hangzhou Greenda Electronic Materials Co and its competitors. Hangzhou Greenda Electronic Materials Co's current Research & Development is ¥31.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangzhou Greenda Electronic Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Hangzhou Greenda Electronic Materials Co (SHSE:603931) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥22.98, compared to a current price of ¥38.00 — trading 65.4% above its estimated fair value. The current Research & Development is ¥31.8 Mil. Hangzhou Greenda Electronic Materials Co's overall GF Score™ is 61/100 with 2 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 Hangzhou Greenda Electronic Materials Co (SHSE:603931), the current Research & Development is ¥31.8 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 Hangzhou Greenda Electronic Materials Co (SHSE:603931) Overvalued in 2026?

Based on GuruFocus' analysis, Hangzhou Greenda Electronic Materials Co stock appears to be overvalued. The current stock price of ¥38.00 is trading 65.4% above its estimated GF Value™ of ¥22.98. GuruFocus considers Hangzhou Greenda Electronic Materials Co to be Significantly Overvalued.

Key valuation signals for SHSE:603931:

  • Research & Development: ¥31.8 Mil
  • GF Value™: ¥22.98 vs. price of ¥38.00 (65.4% above fair value)
  • GF Score™: 61/100 with 2 warning signs

No single metric tells the full story. See the SHSE:603931 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hangzhou Greenda Electronic Materials Co Business Description

Address No. 9936, Hong15 Road, Linjiang Industrial Park, Xiaoshan, Xiaoshan District, Zhejiang Province, Hangzhou, CHN, 311228
Hangzhou Greenda Electronic Materials Co Ltd is engaged in production and sales of ultra-clean and high-purity wet electronic chemicals. The company is a developer of TMAH and provides various electronic chemical products for TFT-LCD, IC, PV and other industries and integrated management services. Its products include Hydrochloric Acid, Sulphuric acid, Phosphoric acid, Nitric acid, Tetramethylammonium Hydroxide, Isopropanol, Potassium Hydroxide, among others.
61GF Score

Get the complete analysis for SHSE:603931

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

¥38.00
Price
¥22.98
GF Value