Victory Giant Technology (HuiZhou)Co (FRA:U4I) Research & Development: €97 Mil (TTM As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:U4I Victory Giant Technology (HuiZhou)Co Ltd FRA:U4I
73 GF Score
Price €21.94
GF Value €14.67
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Victory Giant Technology (HuiZhou)Co Research & Development?

Victory Giant Technology (HuiZhou)Co FRA:U4I -0.63% 73 Research & Development is €97 Mil as of Jun. 2026. GuruFocus rates FRA:U4I with a GF Score™ of 73/100 and a GF Value™ of €14.67 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Victory Giant Technology (HuiZhou)Co's Research & Development for the three months ended in Jun. 2026 was €26 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2026 was €97 Mil.

Victory Giant Technology (HuiZhou)Co  (FRA:U4I) 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.

Victory Giant Technology (HuiZhou)Co Research & Development Related Terms

Victory Giant Technology (HuiZhou)Co Research & Development Historical Data

* Premium members only.

The historical data trend for Victory Giant Technology (HuiZhou)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.

Victory Giant Technology (HuiZhou)Co Research & Development Chart

Victory Giant Technology (HuiZhou)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 41.33 38.93 44.73 59.00 94.29

Victory Giant Technology (HuiZhou)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 26.95 30.47 20.63 19.43 26.18
FRA:U4I
73GF Score
Victory Giant Technology (HuiZhou)Co Ltd FRA:U4I
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Victory Giant Technology (HuiZhou)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 €97 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 €97 Mil mean?
Victory Giant Technology (HuiZhou)Co (FRA:U4I) has a Research & Development of €97 Mil as of Jun. 2026. Research and development expense is the total cost for research and development activities. View historical data on Victory Giant Technology (HuiZhou)Co and its competitors.
Is Victory Giant Technology (HuiZhou)Co's Research & Development too high?
Victory Giant Technology (HuiZhou)Co's current Research & Development is €97 Mil. Overall, Victory Giant Technology (HuiZhou)Co has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Victory Giant Technology (HuiZhou)Co's Research & Development compare to APH and GLW?
Victory Giant Technology (HuiZhou)Co's Research & Development of €97 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Research & Development depends on the Hardware 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 Victory Giant Technology (HuiZhou)Co and its competitors. Victory Giant Technology (HuiZhou)Co's current Research & Development is €97 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Victory Giant Technology (HuiZhou)Co stock overvalued right now?
Based on GuruFocus' analysis, Victory Giant Technology (HuiZhou)Co (FRA:U4I) is currently considered Significantly Overvalued. The stock's GF Value™ is €14.67, compared to a current price of €21.94 — trading 49.6% above its estimated fair value. The current Research & Development is €97 Mil. Victory Giant Technology (HuiZhou)Co's overall GF Score™ is 73/100 with 2 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 Victory Giant Technology (HuiZhou)Co (FRA:U4I), the current Research & Development is €97 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 Victory Giant Technology (HuiZhou)Co (FRA:U4I) Overvalued in 2026?

Based on GuruFocus' analysis, Victory Giant Technology (HuiZhou)Co stock appears to be overvalued. The current stock price of €21.94 is trading 49.6% above its estimated GF Value™ of €14.67. GuruFocus considers Victory Giant Technology (HuiZhou)Co to be Significantly Overvalued.

Key valuation signals for FRA:U4I:

  • Research & Development: €97 Mil
  • GF Value™: €14.67 vs. price of €21.94 (49.6% above fair value)
  • GF Score™: 73/100 with 2 warning signs

No single metric tells the full story. See the FRA:U4I stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Victory Giant Technology (HuiZhou)Co Business Description

Other Exchanges 02476:Hong Kong300476:China
Address Xingcheng Technology Park, Danshui Town, Xinqiao Village, Huiyang District, Guangdong, Huizhou, CHN, 516211
Victory Giant Technology (HuiZhou)Co Ltd is a China-based company principally engaged in the research and development, manufacture, and sale of printed circuit boards (PCBs). The company's products are widely used in LED displays, servers, communications, medical equipment, new energy vehicles, computer peripherals, and other fields. The company's main products include double-sided PCBs and continuous layer PCBs.
73GF Score

Get the complete analysis for FRA:U4I

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

€21.94
Price
€14.67
GF Value