China Automotive Systems (HAM:2IW) Research & Development: €39.2 Mil (TTM As of Dec. 2025)


HAM:2IW China Automotive Systems Inc HAM:2IW
78 GF Score
Price €3.98
GF Value €4.68
! 3 Warning Signs
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What is China Automotive Systems Research & Development?

China Automotive Systems HAM:2IW 78 Research & Development is €39.2 Mil as of Dec. 2025. GuruFocus rates HAM:2IW with a GF Score™ of 78/100 and a GF Value™ of €4.68. The stock has 3 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. China Automotive Systems's Research & Development for the three months ended in Dec. 2025 was €15.2 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was €39.2 Mil.

China Automotive Systems  (HAM:2IW) 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 Automotive Systems Research & Development Related Terms

China Automotive Systems Research & Development Historical Data

* Premium members only.

The historical data trend for China Automotive Systems'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 Automotive Systems Research & Development Chart

China Automotive Systems 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 24.98 34.09 26.76 26.41 38.48

China Automotive Systems Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 7.42 8.06 7.02 8.89 15.22
HAM:2IW
78GF Score
China Automotive Systems Inc HAM:2IW
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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China Automotive Systems Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was €39.2 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 €39.2 Mil mean?
China Automotive Systems (HAM:2IW) has a Research & Development of €39.2 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on China Automotive Systems and its competitors.
Is China Automotive Systems' Research & Development too high?
China Automotive Systems' current Research & Development is €39.2 Mil. Overall, China Automotive Systems has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does China Automotive Systems' Research & Development compare to SCTH and INVZ?
China Automotive Systems' Research & Development of €39.2 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Research & Development depends on the Vehicles & Parts 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 Automotive Systems and its competitors. China Automotive Systems's current Research & Development is €39.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Automotive Systems stock overvalued right now?
China Automotive Systems (HAM:2IW) has a current Research & Development of €39.2 Mil. The stock's GF Value™ is €4.68, compared to a current price of €3.98 — trading 15.1% below its estimated fair value. The current Research & Development is €39.2 Mil. China Automotive Systems' overall GF Score™ is 78/100 with 3 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 Automotive Systems (HAM:2IW), the current Research & Development is €39.2 Mil as of Dec. 2025. 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 Automotive Systems (HAM:2IW) Overvalued in 2026?

Based on GuruFocus' analysis, China Automotive Systems stock appears to be undervalued. The current stock price of €3.98 is trading 15.1% below its estimated GF Value™ of €4.68.

Key valuation signals for HAM:2IW:

  • Research & Development: €39.2 Mil
  • GF Value™: €4.68 vs. price of €3.98 (15.1% below fair value)
  • GF Score™: 78/100 with 3 warning signs

No single metric tells the full story. See the HAM:2IW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

China Automotive Systems Business Description

Other Exchanges CAAS:USA2IW:Germany
Address No. 1 Henglong Road, Yu Qiao Development Zone, Shashi District, Hubei Province, Jing Zhou, CHN, 434000
China Automotive Systems Inc is a holding company. The firm, through its subsidiary, is a supplier of power steering systems and components to China's automotive industry. Its product offering encompasses a full range of auto parts incorporated into steering systems for both passenger automobiles and commercial vehicles. The company offers four separate series of power steering models, including rack and pinion power steering, integral power steering, electronic power steering, steering columns, steering oil pumps, and steering hoses. Geographically, it derives a majority of its revenue from China.
78GF Score

Get the complete analysis for HAM:2IW

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

€3.98
Price
€4.68
GF Value