Dream International (HKSE:01126) Research & Development: HK$0 Mil (TTM As of Dec. 2025)

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.

HKSE:01126 Dream International Ltd HKSE:01126
80 GF Score
Price HK$6.90
GF Value HK$5.14
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Dream International Research & Development?

Dream International HKSE:01126 -2.13% 80 Research & Development is HK$0 Mil as of Dec. 2025. GuruFocus rates HKSE:01126 with a GF Score™ of 80/100 and a GF Value™ of HK$5.14 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Dream International's Research & Development for the six months ended in Dec. 2025 was HK$0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was HK$0 Mil.


Dream International  (HKSE:01126) 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.


Dream International Research & Development Related Terms


Dream International Research & Development Historical Data

* Premium members only.

The historical data trend for Dream International'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.

Dream International Research & Development Chart

Dream International 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 0.00 0.00 0.00 0.00 0.00

Dream International Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 0.00 0.00 0.00 0.00 0.00
HKSE:01126
80GF Score
Dream International Ltd HKSE:01126
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dream International 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 semi-annually data reported by the company within the most recent 12 months, which was HK$0 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$0 Mil mean?
Dream International (HKSE:01126) has a Research & Development of HK$0 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Dream International and its competitors.
Is Dream International's Research & Development too high?
Dream International's current Research & Development is HK$0 Mil. Overall, Dream International has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dream International's Research & Development compare to AS and HAS?
Dream International's Research & Development of HK$0 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 Dream International and its competitors. Dream International's current Research & Development is HK$0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dream International stock overvalued right now?
Based on GuruFocus' analysis, Dream International (HKSE:01126) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$5.14, compared to a current price of HK$6.90 — trading 34.2% above its estimated fair value. The current Research & Development is HK$0 Mil. Dream International's overall GF Score™ is 80/100 with 1 warning sign 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 Dream International (HKSE:01126), the current Research & Development is HK$0 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 Dream International (HKSE:01126) Overvalued in 2026?

Based on GuruFocus' analysis, Dream International stock appears to be overvalued. The current stock price of HK$6.90 is trading 34.2% above its estimated GF Value™ of HK$5.14. GuruFocus considers Dream International to be Significantly Overvalued.

Key valuation signals for HKSE:01126:

  • Research & Development: HK$0 Mil
  • GF Value™: HK$5.14 vs. price of HK$6.90 (34.2% above fair value)
  • GF Score™: 80/100 with 1 warning sign

No single metric tells the full story. See the HKSE:01126 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dream International Business Description

Address 75 Mody Road, 6th Floor, Tower 1, South Seas Centre, Tsim Sha Tsui, Kowloon, HKG
Dream International Ltd is a Hong Kong-based company engaged in the design, development, manufacturing, and sale of toys. It operates in three segments: Plush stuffed toys, Plastic figures, and Tarpaulin. The majority is from the Plush stuffed toys segment, which is involved in the design, development, manufacture, and sale of plush stuffed toys. These products are either sourced externally or are manufactured in the group's manufacturing facilities located in Chinese Mainland and Vietnam. The company's geographical segments are Hong Kong, North America, Japan, Europe, Chinese Mainland, Vietnam, Korea, and Other countries, of which prime revenue is derived from North America.
80GF Score

Get the complete analysis for HKSE:01126

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

HK$6.90
Price
HK$5.14
GF Value