Shanghai InnoStar Bio-tech Co (SHSE:688710) Research & Development: ¥46.0 Mil (TTM As of Mar. 2026)

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SHSE:688710 Shanghai InnoStar Bio-tech Co Ltd SHSE:688710
33 GF Score
Price ¥75.04
! 8 Warning Signs
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What is Shanghai InnoStar Bio-tech Co Research & Development?

Shanghai InnoStar Bio-tech Co SHSE:688710 +8.28% 33 Research & Development is ¥46.0 Mil as of Mar. 2026. GuruFocus rates SHSE:688710 with a GF Score™ of 33/100. The stock has 8 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Shanghai InnoStar Bio-tech Co's Research & Development for the three months ended in Mar. 2026 was ¥10.0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥46.0 Mil.

Shanghai InnoStar Bio-tech Co  (SHSE:688710) 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.

Shanghai InnoStar Bio-tech Co Research & Development Related Terms

Shanghai InnoStar Bio-tech Co Research & Development Historical Data

* Premium members only.

The historical data trend for Shanghai InnoStar Bio-tech 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.

Shanghai InnoStar Bio-tech Co Research & Development Chart

Shanghai InnoStar Bio-tech Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial 27.87 52.34 60.43 60.53 45.78

Shanghai InnoStar Bio-tech Co Quarterly Data
Dec19 Dec20 Dec21 Jun22 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 9.80 12.47 10.71 12.80 10.03
SHSE:688710
33GF Score
Shanghai InnoStar Bio-tech Co Ltd SHSE:688710
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai InnoStar Bio-tech 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 ¥46.0 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 ¥46.0 Mil mean?
Shanghai InnoStar Bio-tech Co (SHSE:688710) has a Research & Development of ¥46.0 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Shanghai InnoStar Bio-tech Co and its competitors.
Is Shanghai InnoStar Bio-tech Co's Research & Development too high?
Shanghai InnoStar Bio-tech Co's current Research & Development is ¥46.0 Mil. Overall, Shanghai InnoStar Bio-tech Co has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Shanghai InnoStar Bio-tech Co's Research & Development compare to LLY and JNJ?
Shanghai InnoStar Bio-tech Co's Research & Development of ¥46.0 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Research & Development depends on the Drug Manufacturers 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 Shanghai InnoStar Bio-tech Co and its competitors. Shanghai InnoStar Bio-tech Co's current Research & Development is ¥46.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai InnoStar Bio-tech Co stock overvalued right now?
Shanghai InnoStar Bio-tech Co (SHSE:688710) has a current Research & Development of ¥46.0 Mil. The current Research & Development is ¥46.0 Mil. Shanghai InnoStar Bio-tech Co's overall GF Score™ is 33/100 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 Shanghai InnoStar Bio-tech Co (SHSE:688710), the current Research & Development is ¥46.0 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.

Shanghai InnoStar Bio-tech Co Business Description

Address No. 199 Guo Shoujing Road, Room 106, Pilot Free Trade Zone, Shanghai, CHN, 201203
Shanghai InnoStar Bio-tech Co Ltd is a comprehensive research and development services (CRO) enterprise that specializes in providing biomedical non-clinical research services.
33GF Score

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

¥75.04
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