Lingyi Itech (Guangdong) Co (HKSE:01688) Research & Development: HK$2,826 Mil (TTM As of Mar. 2026)

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HKSE:01688 Lingyi Itech (Guangdong) Co Ltd HKSE:01688
68 GF Score
Price HK$6.17
GF Value HK$5.34
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Lingyi Itech (Guangdong) Co Research & Development?

Lingyi Itech (Guangdong) Co HKSE:01688 -1.04% 68 Research & Development is HK$2,826 Mil as of Mar. 2026. GuruFocus rates HKSE:01688 with a GF Score™ of 68/100 and a GF Value™ of HK$5.34 (Modestly Overvalued). The stock has 3 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Lingyi Itech (Guangdong) Co's Research & Development for the three months ended in Mar. 2026 was HK$782 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was HK$2,826 Mil.

Lingyi Itech (Guangdong) Co  (HKSE:01688) 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.

Lingyi Itech (Guangdong) Co Research & Development Related Terms

Lingyi Itech (Guangdong) Co Research & Development Historical Data

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The historical data trend for Lingyi Itech (Guangdong) 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.

Lingyi Itech (Guangdong) Co Research & Development Chart

Lingyi Itech (Guangdong) 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 2,082.55 2,338.81 1,978.05 2,125.15 2,631.00

Lingyi Itech (Guangdong) 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 554.79 666.89 718.45 659.11 782.03
HKSE:01688
68GF Score
Lingyi Itech (Guangdong) Co Ltd HKSE:01688
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Lingyi Itech (Guangdong) 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 HK$2,826 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$2,826 Mil mean?
Lingyi Itech (Guangdong) Co (HKSE:01688) has a Research & Development of HK$2,826 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Lingyi Itech (Guangdong) Co and its competitors.
Is Lingyi Itech (Guangdong) Co's Research & Development too high?
Lingyi Itech (Guangdong) Co's current Research & Development is HK$2,826 Mil. Overall, Lingyi Itech (Guangdong) Co has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lingyi Itech (Guangdong) Co's Research & Development compare to APH and GLW?
Lingyi Itech (Guangdong) Co's Research & Development of HK$2,826 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 Lingyi Itech (Guangdong) Co and its competitors. Lingyi Itech (Guangdong) Co's current Research & Development is HK$2,826 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lingyi Itech (Guangdong) Co stock overvalued right now?
Based on GuruFocus' analysis, Lingyi Itech (Guangdong) Co (HKSE:01688) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$5.34, compared to a current price of HK$6.17 — trading 15.5% above its estimated fair value. The current Research & Development is HK$2,826 Mil. Lingyi Itech (Guangdong) Co's overall GF Score™ is 68/100 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 Lingyi Itech (Guangdong) Co (HKSE:01688), the current Research & Development is HK$2,826 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 Lingyi Itech (Guangdong) Co (HKSE:01688) Overvalued in 2026?

Based on GuruFocus' analysis, Lingyi Itech (Guangdong) Co stock appears to be overvalued. The current stock price of HK$6.17 is trading 15.5% above its estimated GF Value™ of HK$5.34. GuruFocus considers Lingyi Itech (Guangdong) Co to be Modestly Overvalued.

Key valuation signals for HKSE:01688:

  • Research & Development: HK$2,826 Mil
  • GF Value™: HK$5.34 vs. price of HK$6.17 (15.5% above fair value)
  • GF Score™: 68/100 with 3 warning signs

No single metric tells the full story. See the HKSE:01688 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Lingyi Itech (Guangdong) Co Business Description

Other Exchanges 002600:China
Address No. 8, Longwan Road, Pengjiang District, Guangdong Province, Jiangmen, CHN, 529000
Lingyi Itech (Guangdong) Co Ltd is engaged in the manufacturing of precision functional components, structural modules, and intelligent assembly solutions for the consumer electronics, automotive, and energy storage industries. The company operates three segments. The AI Terminal segment covers AI-powered mobile phones, folding-screen devices, PCs, tablets, display solutions, battery systems, thermal management, AI glasses, XR wearables, sensors, robotics, and related hardware. The Automotive and Low-Altitude Economy segment includes battery structural parts, brake modules, lidar, electronic steering systems, and carbon fiber products. The Other segment focuses on clean energy and photovoltaic storage, including micro inverters, outdoor power solutions, and related products.
68GF Score

Get the complete analysis for HKSE:01688

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

HK$6.17
Price
HK$5.34
GF Value