Zhejiang Fulai New Material Co (SHSE:605488) Research & Development: ¥125 Mil (TTM As of Mar. 2026)

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SHSE:605488 Zhejiang Fulai New Material Co Ltd SHSE:605488
78 GF Score
Price ¥27.67
GF Value ¥18.08
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Zhejiang Fulai New Material Co Research & Development?

Zhejiang Fulai New Material Co SHSE:605488 +0.62% 78 Research & Development is ¥125 Mil as of Mar. 2026. GuruFocus rates SHSE:605488 with a GF Score™ of 78/100 and a GF Value™ of ¥18.08 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Zhejiang Fulai New Material Co's Research & Development for the three months ended in Mar. 2026 was ¥25 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥125 Mil.

Zhejiang Fulai New Material Co  (SHSE:605488) 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 Fulai New Material Co Research & Development Related Terms

Zhejiang Fulai New Material Co Research & Development Historical Data

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The historical data trend for Zhejiang Fulai New Material 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 Fulai New Material Co Research & Development Chart

Zhejiang Fulai New Material Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only 59.98 65.74 92.50 92.79 122.17

Zhejiang Fulai New Material 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 22.31 31.79 37.47 30.61 25.43
SHSE:605488
78GF Score
Zhejiang Fulai New Material Co Ltd SHSE:605488
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Fulai New Material 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 ¥125 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 ¥125 Mil mean?
Zhejiang Fulai New Material Co (SHSE:605488) has a Research & Development of ¥125 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Zhejiang Fulai New Material Co and its competitors.
Is Zhejiang Fulai New Material Co's Research & Development too high?
Zhejiang Fulai New Material Co's current Research & Development is ¥125 Mil. Overall, Zhejiang Fulai New Material Co has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Fulai New Material Co's Research & Development compare to LIN and SHW?
Zhejiang Fulai New Material Co's Research & Development of ¥125 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 Zhejiang Fulai New Material Co and its competitors. Zhejiang Fulai New Material Co's current Research & Development is ¥125 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Fulai New Material Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Fulai New Material Co (SHSE:605488) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥18.08, compared to a current price of ¥27.67 — trading 53% above its estimated fair value. The current Research & Development is ¥125 Mil. Zhejiang Fulai New Material Co's overall GF Score™ is 78/100 with 6 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 Fulai New Material Co (SHSE:605488), the current Research & Development is ¥125 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 Fulai New Material Co (SHSE:605488) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Fulai New Material Co stock appears to be overvalued. The current stock price of ¥27.67 is trading 53% above its estimated GF Value™ of ¥18.08. GuruFocus considers Zhejiang Fulai New Material Co to be Significantly Overvalued.

Key valuation signals for SHSE:605488:

  • Research & Development: ¥125 Mil
  • GF Value™: ¥18.08 vs. price of ¥27.67 (53% above fair value)
  • GF Score™: 78/100 with 6 warning signs

No single metric tells the full story. See the SHSE:605488 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Zhejiang Fulai New Material Co Business Description

Address No. 17, Yinhe Road, Yaozhuang Town, Jiashan County, Zhejiang Province, Jiaxing, CHN, 314100
Zhejiang Fulai New Material Co Ltd is engaged in the development, production and sales of functional coating composite materials. It mainly produces advertising inkjet printing materials, label and logo printing materials, electronic-grade functional materials and other products. It owns brands such as Fleisant, Meshen, and Ori Digital.
78GF Score

Get the complete analysis for SHSE:605488

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

¥27.67
Price
¥18.08
GF Value