China Gas Industry Investment Holdings Co (HKSE:01940) Research & Development: HK$89 Mil (TTM As of Dec. 2025)

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HKSE:01940 China Gas Industry Investment Holdings Co Ltd HKSE:01940
65 GF Score
Price HK$1.09
GF Value HK$0.53
Valuation Significantly Overvalued
! 2 Warning Signs
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What is China Gas Industry Investment Holdings Co Research & Development?

China Gas Industry Investment Holdings Co HKSE:01940 65 Research & Development is HK$89 Mil as of Dec. 2025. GuruFocus rates HKSE:01940 with a GF Score™ of 65/100 and a GF Value™ of HK$0.53 (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. China Gas Industry Investment Holdings Co's Research & Development for the six months ended in Dec. 2025 was HK$49 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was HK$89 Mil.

China Gas Industry Investment Holdings Co  (HKSE:01940) 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 Gas Industry Investment Holdings Co Research & Development Related Terms

China Gas Industry Investment Holdings Co Research & Development Historical Data

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The historical data trend for China Gas Industry Investment Holdings 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.

China Gas Industry Investment Holdings Co Research & Development Chart

China Gas Industry Investment Holdings Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only 63.07 84.14 80.51 70.74 89.71

China Gas Industry Investment Holdings Co Semi-Annual Data
Dec17 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 40.43 32.05 38.95 40.20 49.08
HKSE:01940
65GF Score
China Gas Industry Investment Holdings Co Ltd HKSE:01940
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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China Gas Industry Investment Holdings 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 semi-annually data reported by the company within the most recent 12 months, which was HK$89 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$89 Mil mean?
China Gas Industry Investment Holdings Co (HKSE:01940) has a Research & Development of HK$89 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on China Gas Industry Investment Holdings Co and its competitors.
Is China Gas Industry Investment Holdings Co's Research & Development too high?
China Gas Industry Investment Holdings Co's current Research & Development is HK$89 Mil. Overall, China Gas Industry Investment Holdings Co has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Gas Industry Investment Holdings Co's Research & Development compare to ATO and NI?
China Gas Industry Investment Holdings Co's Research & Development of HK$89 Mil can be compared against companies in the Utilities - Regulated 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 an Utilities - Regulated company?
A good Research & Development depends on the Utilities - Regulated 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 Gas Industry Investment Holdings Co and its competitors. China Gas Industry Investment Holdings Co's current Research & Development is HK$89 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Gas Industry Investment Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, China Gas Industry Investment Holdings Co (HKSE:01940) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.53, compared to a current price of HK$1.09 — trading 105.7% above its estimated fair value. The current Research & Development is HK$89 Mil. China Gas Industry Investment Holdings Co's overall GF Score™ is 65/100 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 China Gas Industry Investment Holdings Co (HKSE:01940), the current Research & Development is HK$89 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 Gas Industry Investment Holdings Co (HKSE:01940) Overvalued in 2026?

Based on GuruFocus' analysis, China Gas Industry Investment Holdings Co stock appears to be overvalued. The current stock price of HK$1.09 is trading 105.7% above its estimated GF Value™ of HK$0.53. GuruFocus considers China Gas Industry Investment Holdings Co to be Significantly Overvalued.

Key valuation signals for HKSE:01940:

  • Research & Development: HK$89 Mil
  • GF Value™: HK$0.53 vs. price of HK$1.09 (105.7% above fair value)
  • GF Score™: 65/100 with 2 warning signs

No single metric tells the full story. See the HKSE:01940 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

China Gas Industry Investment Holdings Co Business Description

Address No. 12 Yantai Road, Laoting Economic Development Zone, Hebei Province, Shijiazhuang, CHN
China Gas Industry Investment Holdings Co Ltd is a China-based industrial gas supplier principally engaged in the supply of pipeline industrial gas and liquefied industrial gas. The company also operates an LNG-related business, including the supply of LNG and the provision of gas transmission services. Its industrial gas products include oxygen, nitrogen, argon, hydrogen, and carbon dioxide, which are supplied to industrial end users. Its segments include the Supply of industrial gas; Liquefied natural gas (LNG) and gas transmission service; and Technical support and management services. It generates the majority of its revenue from the Supply of industrial gas segment.
65GF Score

Get the complete analysis for HKSE:01940

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

HK$1.09
Price
HK$0.53
GF Value