Innovation New Material Technology Co (SHSE:600361) Total Operating Expense: ¥1,100 Mil (TTM As of Mar. 2026)

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SHSE:600361 Innovation New Material Technology Co Ltd SHSE:600361
60 GF Score
Price ¥3.57
GF Value ¥4.51
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Innovation New Material Technology Co Total Operating Expense?

Innovation New Material Technology Co SHSE:600361 +1.13% 60 Total Operating Expense is ¥1,100 Mil as of Mar. 2026. GuruFocus rates SHSE:600361 with a GF Score™ of 60/100 and a GF Value™ of ¥4.51 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Innovation New Material Technology Co's Total Operating Expense for the three months ended in Mar. 2026 was ¥317 Mil. Innovation New Material Technology Co's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was ¥1,100 Mil.

Innovation New Material Technology Co Total Operating Expense Related Terms

Innovation New Material Technology Co Total Operating Expense Historical Data

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The historical data trend for Innovation New Material Technology Co's Total Operating Expense 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.

Innovation New Material Technology Co Total Operating Expense Chart

Innovation New Material Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 623.03 771.69 762.74 968.70 1,024.96

Innovation New Material Technology Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense 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 241.69 227.55 339.22 216.50 316.91
SHSE:600361
60GF Score
Innovation New Material Technology Co Ltd SHSE:600361
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Innovation New Material Technology Co Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense 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 ¥1,100 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.

What does a Total Operating Expense of ¥1,100 Mil mean?
Innovation New Material Technology Co (SHSE:600361) has a Total Operating Expense of ¥1,100 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Innovation New Material Technology Co and its competitors.
Is Innovation New Material Technology Co's Total Operating Expense too high?
Innovation New Material Technology Co's current Total Operating Expense is ¥1,100 Mil. Overall, Innovation New Material Technology Co has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Innovation New Material Technology Co's Total Operating Expense compare to AA?
Innovation New Material Technology Co's Total Operating Expense of ¥1,100 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 Total Operating Expense for a Metals & Mining company?
A good Total Operating Expense depends on the Metals & Mining industry context. However, Total Operating Expense 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Innovation New Material Technology Co and its competitors. Innovation New Material Technology Co's current Total Operating Expense is ¥1,100 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovation New Material Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Innovation New Material Technology Co (SHSE:600361) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥4.51, compared to a current price of ¥3.57 — trading 20.8% below its estimated fair value. The current Total Operating Expense is ¥1,100 Mil. Innovation New Material Technology Co's overall GF Score™ is 60/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Innovation New Material Technology Co (SHSE:600361), the current Total Operating Expense is ¥1,100 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 Innovation New Material Technology Co (SHSE:600361) Overvalued in 2026?

Based on GuruFocus' analysis, Innovation New Material Technology Co stock appears to be undervalued. The current stock price of ¥3.57 is trading 20.8% below its estimated GF Value™ of ¥4.51. GuruFocus considers Innovation New Material Technology Co to be Modestly Undervalued.

Key valuation signals for SHSE:600361:

  • Total Operating Expense: ¥1,100 Mil
  • GF Value™: ¥4.51 vs. price of ¥3.57 (20.8% below fair value)
  • GF Score™: 60/100 with 5 warning signs

No single metric tells the full story. See the SHSE:600361 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Innovation New Material Technology Co Business Description

Address No. 31, Fuchengmenwai Street, Room 416A, 4th Floor, Xicheng District, Beijing, CHN, 100032
Innovation New Material Technology Co Ltd is engaged in the research, development, production and processing of aluminum alloy and its products.
60GF Score

Get the complete analysis for SHSE:600361

Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥3.57
Price
¥4.51
GF Value