Hebei Ruixing Gas Equipment Co (BJSE:920717) Research & Development: ¥6.4 Mil (TTM As of Jun. 2026)

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BJSE:920717 Hebei Ruixing Gas Equipment Co Ltd BJSE:920717
61 GF Score
Price ¥7.21
GF Value ¥6.51
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Hebei Ruixing Gas Equipment Co Research & Development?

Hebei Ruixing Gas Equipment Co BJSE:920717 61 Research & Development is ¥6.4 Mil as of Jun. 2026. GuruFocus rates BJSE:920717 with a GF Score™ of 61/100 and a GF Value™ of ¥6.51 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Hebei Ruixing Gas Equipment Co's Research & Development for the three months ended in Jun. 2026 was ¥1.8 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2026 was ¥6.4 Mil.

Hebei Ruixing Gas Equipment Co  (BJSE:920717) 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.

Hebei Ruixing Gas Equipment Co Research & Development Related Terms

Hebei Ruixing Gas Equipment Co Research & Development Historical Data

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The historical data trend for Hebei Ruixing Gas Equipment 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.

Hebei Ruixing Gas Equipment Co Research & Development Chart

Hebei Ruixing Gas Equipment 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 13.43 9.87 9.11 8.83 7.00

Hebei Ruixing Gas Equipment Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.78 1.75 1.81 1.05 1.76
BJSE:920717
61GF Score
Hebei Ruixing Gas Equipment Co Ltd BJSE:920717
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Hebei Ruixing Gas Equipment 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥6.4 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 ¥6.4 Mil mean?
Hebei Ruixing Gas Equipment Co (BJSE:920717) has a Research & Development of ¥6.4 Mil as of Jun. 2026. Research and development expense is the total cost for research and development activities. View historical data on Hebei Ruixing Gas Equipment Co and its competitors.
Is Hebei Ruixing Gas Equipment Co's Research & Development too high?
Hebei Ruixing Gas Equipment Co's current Research & Development is ¥6.4 Mil. Overall, Hebei Ruixing Gas Equipment Co has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hebei Ruixing Gas Equipment Co's Research & Development compare to SLB and BKR?
Hebei Ruixing Gas Equipment Co's Research & Development of ¥6.4 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Research & Development depends on the Oil & Gas 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 Hebei Ruixing Gas Equipment Co and its competitors. Hebei Ruixing Gas Equipment Co's current Research & Development is ¥6.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hebei Ruixing Gas Equipment Co stock overvalued right now?
Based on GuruFocus' analysis, Hebei Ruixing Gas Equipment Co (BJSE:920717) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥6.51, compared to a current price of ¥7.21 — trading 10.8% above its estimated fair value. The current Research & Development is ¥6.4 Mil. Hebei Ruixing Gas Equipment Co's overall GF Score™ is 61/100 with 5 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 Hebei Ruixing Gas Equipment Co (BJSE:920717), the current Research & Development is ¥6.4 Mil as of Jun. 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 Hebei Ruixing Gas Equipment Co (BJSE:920717) Overvalued in 2026?

Based on GuruFocus' analysis, Hebei Ruixing Gas Equipment Co stock appears to be overvalued. The current stock price of ¥7.21 is trading 10.8% above its estimated GF Value™ of ¥6.51. GuruFocus considers Hebei Ruixing Gas Equipment Co to be Modestly Overvalued.

Key valuation signals for BJSE:920717:

  • Research & Development: ¥6.4 Mil
  • GF Value™: ¥6.51 vs. price of ¥7.21 (10.8% above fair value)
  • GF Score™: 61/100 with 5 warning signs

No single metric tells the full story. See the BJSE:920717 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hebei Ruixing Gas Equipment Co Business Description

Industry EnergyOil & Gas
Address North side of Zhonghua East Street, Zaoqiang County, Hebei, Hengshui, CHN, 053100
Hebei Ruixing Gas Equipment Co Ltd is engaged in Research and development, design, production and sales of pressure regulating equipment in urban gas transmission and distribution systems.
61GF Score

Get the complete analysis for BJSE:920717

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

¥7.21
Price
¥6.51
GF Value