Silvery Dragon Group Co Tianjin (SHSE:603969) Research & Development: ¥114 Mil (TTM As of Mar. 2026)


SHSE:603969 Silvery Dragon Group Co Ltd Tianjin SHSE:603969
86 GF Score
Price ¥7.81
GF Value ¥7.47
Valuation Fairly Valued
! 2 Warning Signs
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What is Silvery Dragon Group Co Tianjin Research & Development?

Silvery Dragon Group Co Tianjin SHSE:603969 -3.58% 86 Research & Development is ¥114 Mil as of Mar. 2026. GuruFocus rates SHSE:603969 with a GF Score™ of 86/100 and a GF Value™ of ¥7.47 (Fairly Valued). The stock has 2 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Silvery Dragon Group Co Tianjin's Research & Development for the three months ended in Mar. 2026 was ¥20 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥114 Mil.

Silvery Dragon Group Co Tianjin  (SHSE:603969) 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.

Silvery Dragon Group Co Tianjin Research & Development Related Terms

Silvery Dragon Group Co Tianjin Research & Development Historical Data

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The historical data trend for Silvery Dragon Group Co Tianjin'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.

Silvery Dragon Group Co Tianjin Research & Development Chart

Silvery Dragon Group Co Tianjin 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 66.47 68.61 84.36 103.81 118.65

Silvery Dragon Group Co Tianjin 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 24.63 27.10 27.16 39.76 20.36
SHSE:603969
86GF Score
Silvery Dragon Group Co Ltd Tianjin SHSE:603969
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Silvery Dragon Group Co Tianjin 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 ¥114 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 ¥114 Mil mean?
Silvery Dragon Group Co Tianjin (SHSE:603969) has a Research & Development of ¥114 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Silvery Dragon Group Co Tianjin and its competitors.
Is Silvery Dragon Group Co Tianjin's Research & Development too high?
Silvery Dragon Group Co Tianjin's current Research & Development is ¥114 Mil. Overall, Silvery Dragon Group Co Tianjin has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Silvery Dragon Group Co Tianjin's Research & Development compare to NUE and STLD?
Silvery Dragon Group Co Tianjin's Research & Development of ¥114 Mil can be compared against companies in the Steel 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 Steel company?
A good Research & Development depends on the Steel 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 Silvery Dragon Group Co Tianjin and its competitors. Silvery Dragon Group Co Tianjin's current Research & Development is ¥114 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Silvery Dragon Group Co Tianjin stock overvalued right now?
Based on GuruFocus' analysis, Silvery Dragon Group Co Tianjin (SHSE:603969) is currently considered Fairly Valued. The stock's GF Value™ is ¥7.47, compared to a current price of ¥7.81 — trading 4.6% above its estimated fair value. The current Research & Development is ¥114 Mil. Silvery Dragon Group Co Tianjin's overall GF Score™ is 86/100 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 Silvery Dragon Group Co Tianjin (SHSE:603969), the current Research & Development is ¥114 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 Silvery Dragon Group Co Tianjin (SHSE:603969) Overvalued in 2026?

Based on GuruFocus' analysis, Silvery Dragon Group Co Tianjin stock appears to be overvalued. The current stock price of ¥7.81 is trading 4.6% above its estimated GF Value™ of ¥7.47. GuruFocus considers Silvery Dragon Group Co Tianjin to be Fairly Valued.

Key valuation signals for SHSE:603969:

  • Research & Development: ¥114 Mil
  • GF Value™: ¥7.47 vs. price of ¥7.81 (4.6% above fair value)
  • GF Score™: 86/100 with 2 warning signs

No single metric tells the full story. See the SHSE:603969 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Silvery Dragon Group Co Tianjin Business Description

Address No.62 Shuangjiang Road, Shuangyuan Industry Park, Beichen District, Tianjin, CHN, 300400
Silvery Dragon Group Co Ltd Tianjin is engaged in the research, development, production, and sale of steel for prestressed concrete. Its licensed business activities include the production of steel bar products for construction, the undertaking of construction projects and the design of construction projects.
86GF Score

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

¥7.81
Price
¥7.47
GF Value