China Express Airlines Co (SZSE:002928) Research & Development: ¥0 Mil (TTM As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
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SZSE:002928 China Express Airlines Co Ltd SZSE:002928
67 GF Score
Price ¥6.53
GF Value ¥10.23
Valuation Possible Value Trap
! 8 Warning Signs
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What is China Express Airlines Co Research & Development?

China Express Airlines Co SZSE:002928 -1.95% 67 Research & Development is ¥0 Mil as of Mar. 2026. GuruFocus rates SZSE:002928 with a GF Score™ of 67/100 and a GF Value™ of ¥10.23 (Possible Value Trap). The stock has 8 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. China Express Airlines Co's Research & Development for the three months ended in Mar. 2026 was ¥0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥0 Mil.

China Express Airlines Co  (SZSE:002928) 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.

China Express Airlines Co Research & Development Related Terms

China Express Airlines Co Research & Development Historical Data

* Premium members only.

The historical data trend for China Express Airlines 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.

China Express Airlines Co Research & Development Chart

China Express Airlines 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 21.47 20.58 22.83 11.22 0.47

China Express Airlines 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 0.47 0.00 0.00 0.00 0.00
SZSE:002928
67GF Score
China Express Airlines Co Ltd SZSE:002928
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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China Express Airlines 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 ¥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 ¥0 Mil mean?
China Express Airlines Co (SZSE:002928) has a Research & Development of ¥0 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on China Express Airlines Co and its competitors.
Is China Express Airlines Co's Research & Development too high?
China Express Airlines Co's current Research & Development is ¥0 Mil. Overall, China Express Airlines Co has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China Express Airlines Co's Research & Development compare to DAL and UAL?
China Express Airlines Co's Research & Development of ¥0 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Research & Development depends on the Transportation 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 China Express Airlines Co and its competitors. China Express Airlines Co's current Research & Development is ¥0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Express Airlines Co stock overvalued right now?
Based on GuruFocus' analysis, China Express Airlines Co (SZSE:002928) is currently considered Possible Value Trap. The stock's GF Value™ is ¥10.23, compared to a current price of ¥6.53 — trading 36.2% below its estimated fair value. The current Research & Development is ¥0 Mil. China Express Airlines Co's overall GF Score™ is 67/100 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 China Express Airlines Co (SZSE:002928), the current Research & Development is ¥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.

Is China Express Airlines Co (SZSE:002928) Overvalued in 2026?

Based on GuruFocus' analysis, China Express Airlines Co stock appears to be undervalued. The current stock price of ¥6.53 is trading 36.2% below its estimated GF Value™ of ¥10.23. GuruFocus considers China Express Airlines Co to be Possible Value Trap.

Key valuation signals for SZSE:002928:

  • Research & Development: ¥0 Mil
  • GF Value™: ¥10.23 vs. price of ¥6.53 (36.2% below fair value)
  • GF Score™: 67/100 with 8 warning signs

No single metric tells the full story. See the SZSE:002928 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

China Express Airlines Co Business Description

Address 2-3F, Annex Building, Airport Hotel, Longdongbao Airport, Guizhou Province, Nanming District, Guiyang, CHN, 550012
China Express Airlines Co Ltd is a China-based company operates in the regional aviation business. It is the only independent airline long-term focused on regional aviation in China. The business activities of the group are functioned through five operation bases located in Guiyang, Chongqing, Dalian, Inner Mongolia, and Xi'an.
67GF Score

Get the complete analysis for SZSE:002928

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

¥6.53
Price
¥10.23
GF Value