Hangzhou Tongshifu Cultural and Creative Group Co (HKSE:00664) Research & Development: HK$21.9 Mil (TTM As of Dec. 2025)

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HKSE:00664 Hangzhou Tongshifu Cultural and Creative Group Co Ltd HKSE:00664
21 GF Score
Price HK$14.08
! 5 Warning Signs
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What is Hangzhou Tongshifu Cultural and Creative Group Co Research & Development?

Hangzhou Tongshifu Cultural and Creative Group Co HKSE:00664 -3.23% 21 Research & Development is HK$21.9 Mil as of Dec. 2025. GuruFocus rates HKSE:00664 with a GF Score™ of 21/100. The stock has 5 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Hangzhou Tongshifu Cultural and Creative Group Co's Research & Development for the three months ended in Dec. 2025 was HK$11.8 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was HK$21.9 Mil.

Hangzhou Tongshifu Cultural and Creative Group Co  (HKSE:00664) 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.

Hangzhou Tongshifu Cultural and Creative Group Co Research & Development Related Terms

Hangzhou Tongshifu Cultural and Creative Group Co Research & Development Historical Data

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The historical data trend for Hangzhou Tongshifu Cultural and Creative Group 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.

Hangzhou Tongshifu Cultural and Creative Group Co Research & Development Chart

Hangzhou Tongshifu Cultural and Creative Group Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Research & Development
21.00 31.32 30.12 39.10

Hangzhou Tongshifu Cultural and Creative Group Co Quarterly Data
Dec22 Dec23 Sep24 Dec24 Jun25 Sep25 Dec25
Research & Development Get a 7-Day Free Trial 7.19 8.01 0.00 10.06 11.81
HKSE:00664
21GF Score
Hangzhou Tongshifu Cultural and Creative Group Co Ltd HKSE:00664
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Hangzhou Tongshifu Cultural and Creative Group 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 Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$21.9 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 HK$21.9 Mil mean?
Hangzhou Tongshifu Cultural and Creative Group Co (HKSE:00664) has a Research & Development of HK$21.9 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Hangzhou Tongshifu Cultural and Creative Group Co and its competitors.
Is Hangzhou Tongshifu Cultural and Creative Group Co's Research & Development too high?
Hangzhou Tongshifu Cultural and Creative Group Co's current Research & Development is HK$21.9 Mil. Overall, Hangzhou Tongshifu Cultural and Creative Group Co has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Hangzhou Tongshifu Cultural and Creative Group Co's Research & Development compare to AS and HAS?
Hangzhou Tongshifu Cultural and Creative Group Co's Research & Development of HK$21.9 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Research & Development depends on the Travel & Leisure 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 Hangzhou Tongshifu Cultural and Creative Group Co and its competitors. Hangzhou Tongshifu Cultural and Creative Group Co's current Research & Development is HK$21.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangzhou Tongshifu Cultural and Creative Group Co stock overvalued right now?
Hangzhou Tongshifu Cultural and Creative Group Co (HKSE:00664) has a current Research & Development of HK$21.9 Mil. The current Research & Development is HK$21.9 Mil. Hangzhou Tongshifu Cultural and Creative Group Co's overall GF Score™ is 21/100 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 Hangzhou Tongshifu Cultural and Creative Group Co (HKSE:00664), the current Research & Development is HK$21.9 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.

Hangzhou Tongshifu Cultural and Creative Group Co Business Description

Address No. 777 Yading Road, Yangxi Subdistrict, Zhejiang Province, Jiande, CHN
Hangzhou Tongshifu Cultural and Creative Group Co Ltd is principally engaged in the design, development, and sale of copper-based cultural and creative products that integrate traditional craftsmanship with modern design and usage scenarios. It has also expanded its product offerings into other material categories, including gold, silver, and plastic, as complements to its core copper-based portfolio. The Group mainly designs, develops, produces, and manufactures various copper handicrafts under the brands TONGSHIFU, TAITONG, and HAPPY GENERAL. Its product categories include Batman, Transformers, Ne Zha 2, and many more. Its main market is the Chinese Mainland, where it mainly serves retail consumers, with copper-based cultural and creative products remaining its main revenue contributor.
21GF Score

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

HK$14.08
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