Thinkon Semiconductor Jinzhou (SHSE:688233) Research & Development: ¥36.4 Mil (TTM As of Mar. 2026)


SHSE:688233 Thinkon Semiconductor Jinzhou Corp SHSE:688233
61 GF Score
Price ¥196.16
GF Value ¥56.44
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Thinkon Semiconductor Jinzhou Research & Development?

Thinkon Semiconductor Jinzhou SHSE:688233 +0.94% 61 Research & Development is ¥36.4 Mil as of Mar. 2026. GuruFocus rates SHSE:688233 with a GF Score™ of 61/100 and a GF Value™ of ¥56.44 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Thinkon Semiconductor Jinzhou's Research & Development for the three months ended in Mar. 2026 was ¥8.6 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥36.4 Mil.

Thinkon Semiconductor Jinzhou  (SHSE:688233) 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.

Thinkon Semiconductor Jinzhou Research & Development Related Terms

Thinkon Semiconductor Jinzhou Research & Development Historical Data

* Premium members only.

The historical data trend for Thinkon Semiconductor Jinzhou'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.

Thinkon Semiconductor Jinzhou Research & Development Chart

Thinkon Semiconductor Jinzhou 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 53.33 39.38 22.47 25.01 33.41

Thinkon Semiconductor Jinzhou 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 5.62 5.60 10.12 12.07 8.59
SHSE:688233
61GF Score
Thinkon Semiconductor Jinzhou Corp SHSE:688233
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thinkon Semiconductor Jinzhou 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 ¥36.4 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 ¥36.4 Mil mean?
Thinkon Semiconductor Jinzhou (SHSE:688233) has a Research & Development of ¥36.4 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Thinkon Semiconductor Jinzhou and its competitors.
Is Thinkon Semiconductor Jinzhou's Research & Development too high?
Thinkon Semiconductor Jinzhou's current Research & Development is ¥36.4 Mil. Overall, Thinkon Semiconductor Jinzhou has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thinkon Semiconductor Jinzhou's Research & Development compare to AMAT and LRCX?
Thinkon Semiconductor Jinzhou's Research & Development of ¥36.4 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 Thinkon Semiconductor Jinzhou and its competitors. Thinkon Semiconductor Jinzhou's current Research & Development is ¥36.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thinkon Semiconductor Jinzhou stock overvalued right now?
Based on GuruFocus' analysis, Thinkon Semiconductor Jinzhou (SHSE:688233) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥56.44, compared to a current price of ¥196.16 — trading 247.6% above its estimated fair value. The current Research & Development is ¥36.4 Mil. Thinkon Semiconductor Jinzhou's overall GF Score™ is 61/100 with 8 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 Thinkon Semiconductor Jinzhou (SHSE:688233), the current Research & Development is ¥36.4 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 Thinkon Semiconductor Jinzhou (SHSE:688233) Overvalued in 2026?

Based on GuruFocus' analysis, Thinkon Semiconductor Jinzhou stock appears to be overvalued. The current stock price of ¥196.16 is trading 247.6% above its estimated GF Value™ of ¥56.44. GuruFocus considers Thinkon Semiconductor Jinzhou to be Significantly Overvalued.

Key valuation signals for SHSE:688233:

  • Research & Development: ¥36.4 Mil
  • GF Value™: ¥56.44 vs. price of ¥196.16 (247.6% above fair value)
  • GF Score™: 61/100 with 8 warning signs

No single metric tells the full story. See the SHSE:688233 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Thinkon Semiconductor Jinzhou Business Description

Address No. 46 Zhongxin Road, Taihe District, Liaoning Province, Jinzhou, CHN, 121000
Thinkon Semiconductor Jinzhou Corp is engaged in research, development, production, and sales of monocrystalline silicon materials for integrated circuit etching. The company's products portfolio includes Large Diameter Silicon Rods, Large Diameter Silicon Tubes, Monocrystalline silicon disk, Single crystal silicon ring, and Silicon wafer.
61GF Score

Get the complete analysis for SHSE:688233

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

¥196.16
Price
¥56.44
GF Value