Pangang Group Vanadium & Titanium Resources Co (SZSE:000629) Research & Development: ¥263 Mil (TTM As of Mar. 2026)

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SZSE:000629 Pangang Group Vanadium & Titanium Resources Co Ltd SZSE:000629
65 GF Score
Price ¥3.07
GF Value ¥2.52
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Pangang Group Vanadium & Titanium Resources Co Research & Development?

Pangang Group Vanadium & Titanium Resources Co SZSE:000629 +0.33% 65 Research & Development is ¥263 Mil as of Mar. 2026. GuruFocus rates SZSE:000629 with a GF Score™ of 65/100 and a GF Value™ of ¥2.52 (Modestly Overvalued). The stock has 4 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Pangang Group Vanadium & Titanium Resources 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 ¥263 Mil.

Pangang Group Vanadium & Titanium Resources Co  (SZSE:000629) 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.

Pangang Group Vanadium & Titanium Resources Co Research & Development Related Terms

Pangang Group Vanadium & Titanium Resources Co Research & Development Historical Data

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The historical data trend for Pangang Group Vanadium & Titanium Resources 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.

Pangang Group Vanadium & Titanium Resources Co Research & Development Chart

Pangang Group Vanadium & Titanium Resources 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 672.79 576.25 565.94 447.49 287.23

Pangang Group Vanadium & Titanium Resources 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 90.20 52.49 52.48 92.07 65.51
SZSE:000629
65GF Score
Pangang Group Vanadium & Titanium Resources Co Ltd SZSE:000629
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Pangang Group Vanadium & Titanium Resources 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 ¥263 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 ¥263 Mil mean?
Pangang Group Vanadium & Titanium Resources Co (SZSE:000629) has a Research & Development of ¥263 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Pangang Group Vanadium & Titanium Resources Co and its competitors.
Is Pangang Group Vanadium & Titanium Resources Co's Research & Development too high?
Pangang Group Vanadium & Titanium Resources Co's current Research & Development is ¥263 Mil. Overall, Pangang Group Vanadium & Titanium Resources Co has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pangang Group Vanadium & Titanium Resources Co's Research & Development compare to competitors?
Pangang Group Vanadium & Titanium Resources Co's Research & Development of ¥263 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Research & Development depends on the Metals & Mining 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 Pangang Group Vanadium & Titanium Resources Co and its competitors. Pangang Group Vanadium & Titanium Resources Co's current Research & Development is ¥263 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pangang Group Vanadium & Titanium Resources Co stock overvalued right now?
Based on GuruFocus' analysis, Pangang Group Vanadium & Titanium Resources Co (SZSE:000629) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥2.52, compared to a current price of ¥3.07 — trading 21.8% above its estimated fair value. The current Research & Development is ¥263 Mil. Pangang Group Vanadium & Titanium Resources Co's overall GF Score™ is 65/100 with 4 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 Pangang Group Vanadium & Titanium Resources Co (SZSE:000629), the current Research & Development is ¥263 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 Pangang Group Vanadium & Titanium Resources Co (SZSE:000629) Overvalued in 2026?

Based on GuruFocus' analysis, Pangang Group Vanadium & Titanium Resources Co stock appears to be overvalued. The current stock price of ¥3.07 is trading 21.8% above its estimated GF Value™ of ¥2.52. GuruFocus considers Pangang Group Vanadium & Titanium Resources Co to be Modestly Overvalued.

Key valuation signals for SZSE:000629:

  • Research & Development: ¥263 Mil
  • GF Value™: ¥2.52 vs. price of ¥3.07 (21.8% above fair value)
  • GF Score™: 65/100 with 4 warning signs

No single metric tells the full story. See the SZSE:000629 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Pangang Group Vanadium & Titanium Resources Co Business Description

Address No. 21, West Section of Gangcheng Avenue, Panzhihua Cultural Plaza, East District, Sichuan Province, Panzhihua, CHN, 617067
Pangang Group Vanadium & Titanium Resources Co Ltd is engaged in manufacturing and distributing vanadium pentoxide, vanadium iron, high-vanadium iron, vanadium trioxide, vanadium nitrogen alloy, titanium dioxide, and titanium dioxide. The company's products are used in steel, chemical, military, electronics, and other industries.
65GF Score

Get the complete analysis for SZSE:000629

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

¥3.07
Price
¥2.52
GF Value