Changzhou Shichuang Energy Co (SHSE:688429) Research & Development: ¥224 Mil (TTM As of Mar. 2026)

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SHSE:688429 Changzhou Shichuang Energy Co Ltd SHSE:688429
60 GF Score
Price ¥9.07
GF Value ¥19.93
Valuation Possible Value Trap
! 6 Warning Signs
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What is Changzhou Shichuang Energy Co Research & Development?

Changzhou Shichuang Energy Co SHSE:688429 +3.30% 60 Research & Development is ¥224 Mil as of Mar. 2026. GuruFocus rates SHSE:688429 with a GF Score™ of 60/100 and a GF Value™ of ¥19.93 (Possible Value Trap). The stock has 6 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Changzhou Shichuang Energy Co's Research & Development for the three months ended in Mar. 2026 was ¥56 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥224 Mil.

Changzhou Shichuang Energy Co  (SHSE:688429) 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.

Changzhou Shichuang Energy Co Research & Development Related Terms

Changzhou Shichuang Energy Co Research & Development Historical Data

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The historical data trend for Changzhou Shichuang Energy 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.

Changzhou Shichuang Energy Co Research & Development Chart

Changzhou Shichuang Energy Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial 107.32 119.93 162.82 231.49 228.62

Changzhou Shichuang Energy Co Quarterly Data
Dec20 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 60.18 55.79 58.83 53.82 56.03
SHSE:688429
60GF Score
Changzhou Shichuang Energy Co Ltd SHSE:688429
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Changzhou Shichuang Energy 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 ¥224 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 ¥224 Mil mean?
Changzhou Shichuang Energy Co (SHSE:688429) has a Research & Development of ¥224 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Changzhou Shichuang Energy Co and its competitors.
Is Changzhou Shichuang Energy Co's Research & Development too high?
Changzhou Shichuang Energy Co's current Research & Development is ¥224 Mil. Overall, Changzhou Shichuang Energy Co has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Changzhou Shichuang Energy Co's Research & Development compare to GEV and ETN?
Changzhou Shichuang Energy Co's Research & Development of ¥224 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Research & Development depends on the Industrial Products 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 Changzhou Shichuang Energy Co and its competitors. Changzhou Shichuang Energy Co's current Research & Development is ¥224 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changzhou Shichuang Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Changzhou Shichuang Energy Co (SHSE:688429) is currently considered Possible Value Trap. The stock's GF Value™ is ¥19.93, compared to a current price of ¥9.07 — trading 54.5% below its estimated fair value. The current Research & Development is ¥224 Mil. Changzhou Shichuang Energy Co's overall GF Score™ is 60/100 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 Changzhou Shichuang Energy Co (SHSE:688429), the current Research & Development is ¥224 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 Changzhou Shichuang Energy Co (SHSE:688429) Overvalued in 2026?

Based on GuruFocus' analysis, Changzhou Shichuang Energy Co stock appears to be undervalued. The current stock price of ¥9.07 is trading 54.5% below its estimated GF Value™ of ¥19.93. GuruFocus considers Changzhou Shichuang Energy Co to be Possible Value Trap.

Key valuation signals for SHSE:688429:

  • Research & Development: ¥224 Mil
  • GF Value™: ¥19.93 vs. price of ¥9.07 (54.5% below fair value)
  • GF Score™: 60/100 with 6 warning signs

No single metric tells the full story. See the SHSE:688429 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Changzhou Shichuang Energy Co Business Description

Address No. 8 Wutandu Road, Licheng Town, Jiangsu, Liyang, CHN, 213300
Changzhou Shichuang Energy Co Ltd is engaged in Research and development, production and sales of photovoltaic wet process auxiliary products, photovoltaic equipment and photovoltaic cells. The company's auxiliary products include texturing auxiliary products, polishing auxiliary products, cleaning auxiliary products, etc., which are mainly used for texturing, etching and polishing, cleaning and other links in the production of photovoltaic cells.
60GF Score

Get the complete analysis for SHSE:688429

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

¥9.07
Price
¥19.93
GF Value