Hainan Jinpan Smart Technology Co (SHSE:688676) Research & Development: ¥359 Mil (TTM As of Mar. 2026)

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SHSE:688676 Hainan Jinpan Smart Technology Co Ltd SHSE:688676
81 GF Score
Price ¥64.57
GF Value ¥46.50
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Hainan Jinpan Smart Technology Co Research & Development?

Hainan Jinpan Smart Technology Co SHSE:688676 +7.17% 81 Research & Development is ¥359 Mil as of Mar. 2026. GuruFocus rates SHSE:688676 with a GF Score™ of 81/100 and a GF Value™ of ¥46.50 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Hainan Jinpan Smart Technology Co's Research & Development for the three months ended in Mar. 2026 was ¥66 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥359 Mil.

Hainan Jinpan Smart Technology Co  (SHSE:688676) 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.

Hainan Jinpan Smart Technology Co Research & Development Related Terms

Hainan Jinpan Smart Technology Co Research & Development Historical Data

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The historical data trend for Hainan Jinpan Smart Technology 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.

Hainan Jinpan Smart Technology Co Research & Development Chart

Hainan Jinpan Smart Technology Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only 157.58 247.14 351.08 352.82 355.72

Hainan Jinpan Smart Technology 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 62.86 83.19 77.91 131.76 66.36
SHSE:688676
81GF Score
Hainan Jinpan Smart Technology Co Ltd SHSE:688676
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Hainan Jinpan Smart Technology 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 ¥359 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 ¥359 Mil mean?
Hainan Jinpan Smart Technology Co (SHSE:688676) has a Research & Development of ¥359 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Hainan Jinpan Smart Technology Co and its competitors.
Is Hainan Jinpan Smart Technology Co's Research & Development too high?
Hainan Jinpan Smart Technology Co's current Research & Development is ¥359 Mil. Overall, Hainan Jinpan Smart Technology Co has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hainan Jinpan Smart Technology Co's Research & Development compare to VRT and BE?
Hainan Jinpan Smart Technology Co's Research & Development of ¥359 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 Hainan Jinpan Smart Technology Co and its competitors. Hainan Jinpan Smart Technology Co's current Research & Development is ¥359 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hainan Jinpan Smart Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Hainan Jinpan Smart Technology Co (SHSE:688676) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥46.50, compared to a current price of ¥64.57 — trading 38.9% above its estimated fair value. The current Research & Development is ¥359 Mil. Hainan Jinpan Smart Technology Co's overall GF Score™ is 81/100 with 3 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 Hainan Jinpan Smart Technology Co (SHSE:688676), the current Research & Development is ¥359 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 Hainan Jinpan Smart Technology Co (SHSE:688676) Overvalued in 2026?

Based on GuruFocus' analysis, Hainan Jinpan Smart Technology Co stock appears to be overvalued. The current stock price of ¥64.57 is trading 38.9% above its estimated GF Value™ of ¥46.50. GuruFocus considers Hainan Jinpan Smart Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:688676:

  • Research & Development: ¥359 Mil
  • GF Value™: ¥46.50 vs. price of ¥64.57 (38.9% above fair value)
  • GF Score™: 81/100 with 3 warning signs

No single metric tells the full story. See the SHSE:688676 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hainan Jinpan Smart Technology Co Business Description

Address 168-39 Nanhai Avenue, Hainan Province, Haikou, CHN, 570216
Hainan Jinpan Smart Technology Co Ltd is engaged in the research and development, production and sales of power transmission and distribution and control equipment products used in the fields of new energy, high-end equipment, energy conservation and environmental protection. Products are sold all over the country and exported to more than 70 countries and regions around the world.
81GF Score

Get the complete analysis for SHSE:688676

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

¥64.57
Price
¥46.50
GF Value