Triumph New Energy Co (FRA:LUG) Research & Development: €16.8 Mil (TTM As of Mar. 2026)


FRA:LUG Triumph New Energy Co Ltd FRA:LUG
45 GF Score
Price €0.29
GF Value €0.27
! 7 Warning Signs
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What is Triumph New Energy Co Research & Development?

Triumph New Energy Co FRA:LUG -5.30% 45 Research & Development is €16.8 Mil as of Mar. 2026. GuruFocus rates FRA:LUG with a GF Score™ of 45/100 and a GF Value™ of €0.27. The stock has 7 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Triumph New Energy Co's Research & Development for the three months ended in Mar. 2026 was €3.9 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was €16.8 Mil.

Triumph New Energy Co  (FRA:LUG) 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.

Triumph New Energy Co Research & Development Related Terms

Triumph New Energy Co Research & Development Historical Data

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The historical data trend for Triumph New Energy 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.

Triumph New Energy Co Research & Development Chart

Triumph New Energy 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 21.44 23.53 32.30 22.85 16.24

Triumph New Energy 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 3.39 4.87 4.18 3.90 3.85
FRA:LUG
45GF Score
Triumph New Energy Co Ltd FRA:LUG
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Triumph New Energy 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 €16.8 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 €16.8 Mil mean?
Triumph New Energy Co (FRA:LUG) has a Research & Development of €16.8 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Triumph New Energy Co and its competitors.
Is Triumph New Energy Co's Research & Development too high?
Triumph New Energy Co's current Research & Development is €16.8 Mil. Overall, Triumph New Energy Co has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Triumph New Energy Co's Research & Development compare to CRH and VMC?
Triumph New Energy Co's Research & Development of €16.8 Mil can be compared against companies in the Building Materials 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 Building Materials company?
A good Research & Development depends on the Building Materials 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 Triumph New Energy Co and its competitors. Triumph New Energy Co's current Research & Development is €16.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Triumph New Energy Co stock overvalued right now?
Triumph New Energy Co (FRA:LUG) has a current Research & Development of €16.8 Mil. The stock's GF Value™ is €0.27, compared to a current price of €0.29 — trading 5.9% above its estimated fair value. The current Research & Development is €16.8 Mil. Triumph New Energy Co's overall GF Score™ is 45/100 with 7 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 Triumph New Energy Co (FRA:LUG), the current Research & Development is €16.8 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 Triumph New Energy Co (FRA:LUG) Overvalued in 2026?

Based on GuruFocus' analysis, Triumph New Energy Co stock appears to be overvalued. The current stock price of €0.29 is trading 5.9% above its estimated GF Value™ of €0.27.

Key valuation signals for FRA:LUG:

  • Research & Development: €16.8 Mil
  • GF Value™: €0.27 vs. price of €0.29 (5.9% above fair value)
  • GF Score™: 45/100 with 7 warning signs

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

Triumph New Energy Co Business Description

Address No. 9, Tang Gong Zhong Lu, Xigong District, Henan Province, Luoyang, CHN, 471009
Triumph New Energy Co Ltd is a glass manufacturing enterprise, which is mainly engaged in the production and sales of new energy glass and other functional glass. Its scope of business includes manufacturing and sales of photovoltaic equipment and components; manufacturing of glass; manufacturing of non-metallic mineral products; sales of non-metallic minerals and its products; manufacturing and sales of technical glass products; technical services for solar power generation; research and development of new materials technology and emerging energy technologies; manufacturing of machinery for the production of building materials; procurement and agency services; technical services, technical development, technical consultation, technical exchange, technology transfer, technology promotion.
45GF Score

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

€0.29
Price
€0.27
GF Value