Anji Microelectronics Technology (Shanghai) Co (SHSE:688019) Research & Development: ¥471 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:688019 Anji Microelectronics Technology (Shanghai) Co Ltd SHSE:688019
91 GF Score
Price ¥283.00
GF Value ¥162.47
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Anji Microelectronics Technology (Shanghai) Co Research & Development?

Anji Microelectronics Technology (Shanghai) Co SHSE:688019 -3.58% 91 Research & Development is ¥471 Mil as of Mar. 2026. GuruFocus rates SHSE:688019 with a GF Score™ of 91/100 and a GF Value™ of ¥162.47 (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. Anji Microelectronics Technology (Shanghai) Co's Research & Development for the three months ended in Mar. 2026 was ¥119 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥471 Mil.


Anji Microelectronics Technology (Shanghai) Co  (SHSE:688019) 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.


Anji Microelectronics Technology (Shanghai) Co Research & Development Related Terms


Anji Microelectronics Technology (Shanghai) Co Research & Development Historical Data

* Premium members only.

The historical data trend for Anji Microelectronics Technology (Shanghai) 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.

Anji Microelectronics Technology (Shanghai) Co Research & Development Chart

Anji Microelectronics Technology (Shanghai) 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 153.11 161.37 236.61 332.77 444.70

Anji Microelectronics Technology (Shanghai) 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 92.31 96.35 127.73 128.32 118.76
SHSE:688019
91GF Score
Anji Microelectronics Technology (Shanghai) Co Ltd SHSE:688019
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Anji Microelectronics Technology (Shanghai) 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 ¥471 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 ¥471 Mil mean?
Anji Microelectronics Technology (Shanghai) Co (SHSE:688019) has a Research & Development of ¥471 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Anji Microelectronics Technology (Shanghai) Co and its competitors.
Is Anji Microelectronics Technology (Shanghai) Co's Research & Development too high?
Anji Microelectronics Technology (Shanghai) Co's current Research & Development is ¥471 Mil. Overall, Anji Microelectronics Technology (Shanghai) Co has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Anji Microelectronics Technology (Shanghai) Co's Research & Development compare to AMAT and LRCX?
Anji Microelectronics Technology (Shanghai) Co's Research & Development of ¥471 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Research & Development depends on the Semiconductors 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 Anji Microelectronics Technology (Shanghai) Co and its competitors. Anji Microelectronics Technology (Shanghai) Co's current Research & Development is ¥471 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anji Microelectronics Technology (Shanghai) Co stock overvalued right now?
Based on GuruFocus' analysis, Anji Microelectronics Technology (Shanghai) Co (SHSE:688019) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥162.47, compared to a current price of ¥283.00 — trading 74.2% above its estimated fair value. The current Research & Development is ¥471 Mil. Anji Microelectronics Technology (Shanghai) Co's overall GF Score™ is 91/100 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 Anji Microelectronics Technology (Shanghai) Co (SHSE:688019), the current Research & Development is ¥471 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 Anji Microelectronics Technology (Shanghai) Co (SHSE:688019) Overvalued in 2026?

Based on GuruFocus' analysis, Anji Microelectronics Technology (Shanghai) Co stock appears to be overvalued. The current stock price of ¥283.00 is trading 74.2% above its estimated GF Value™ of ¥162.47. GuruFocus considers Anji Microelectronics Technology (Shanghai) Co to be Significantly Overvalued.

Key valuation signals for SHSE:688019:

  • Research & Development: ¥471 Mil
  • GF Value™: ¥162.47 vs. price of ¥283.00 (74.2% above fair value)
  • GF Score™: 91/100 with 6 warning signs

No single metric tells the full story. See the SHSE:688019 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Anji Microelectronics Technology (Shanghai) Co Business Description

Address No. 5001 Huadong Road, Bottom floor of T6-9 Building, Jinqiao Export Processing Zone (South District), Pudong New Area, Shanghai, CHN, 201201
Anji Microelectronics Technology (Shanghai) Co Ltd is primarily involved in the research and development and industrialization of key semiconductor materials.
91GF Score

Get the complete analysis for SHSE:688019

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

¥283.00
Price
¥162.47
GF Value