Beijing SinoHytec Co (HKSE:02402) Research & Development: HK$44.5 Mil (TTM As of Mar. 2026)


HKSE:02402 Beijing SinoHytec Co Ltd HKSE:02402
70 GF Score
Price HK$12.91
GF Value HK$13.78
Valuation Fairly Valued
! 5 Warning Signs
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What is Beijing SinoHytec Co Research & Development?

Beijing SinoHytec Co HKSE:02402 -3.66% 70 Research & Development is HK$44.5 Mil as of Mar. 2026. GuruFocus rates HKSE:02402 with a GF Score™ of 70/100 and a GF Value™ of HK$13.78 (Fairly Valued). The stock has 5 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Beijing SinoHytec Co's Research & Development for the three months ended in Mar. 2026 was HK$5.6 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was HK$44.5 Mil.

Beijing SinoHytec Co  (HKSE:02402) 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.

Beijing SinoHytec Co Research & Development Related Terms

Beijing SinoHytec Co Research & Development Historical Data

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The historical data trend for Beijing SinoHytec 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.

Beijing SinoHytec Co Research & Development Chart

Beijing SinoHytec 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 113.60 113.08 154.12 103.58 52.85

Beijing SinoHytec 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 13.44 5.07 9.57 24.21 5.62
HKSE:02402
70GF Score
Beijing SinoHytec Co Ltd HKSE:02402
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Beijing SinoHytec 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$44.5 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$44.5 Mil mean?
Beijing SinoHytec Co (HKSE:02402) has a Research & Development of HK$44.5 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Beijing SinoHytec Co and its competitors.
Is Beijing SinoHytec Co's Research & Development too high?
Beijing SinoHytec Co's current Research & Development is HK$44.5 Mil. Overall, Beijing SinoHytec Co has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Beijing SinoHytec Co's Research & Development compare to ORLY and AZO?
Beijing SinoHytec Co's Research & Development of HK$44.5 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 Beijing SinoHytec Co and its competitors. Beijing SinoHytec Co's current Research & Development is HK$44.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing SinoHytec Co stock overvalued right now?
Based on GuruFocus' analysis, Beijing SinoHytec Co (HKSE:02402) is currently considered Fairly Valued. The stock's GF Value™ is HK$13.78, compared to a current price of HK$12.91 — trading 6.3% below its estimated fair value. The current Research & Development is HK$44.5 Mil. Beijing SinoHytec Co's overall GF Score™ is 70/100 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 Beijing SinoHytec Co (HKSE:02402), the current Research & Development is HK$44.5 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 Beijing SinoHytec Co (HKSE:02402) Overvalued in 2026?

Based on GuruFocus' analysis, Beijing SinoHytec Co stock appears to be undervalued. The current stock price of HK$12.91 is trading 6.3% below its estimated GF Value™ of HK$13.78. GuruFocus considers Beijing SinoHytec Co to be Fairly Valued.

Key valuation signals for HKSE:02402:

  • Research & Development: HK$44.5 Mil
  • GF Value™: HK$13.78 vs. price of HK$12.91 (6.3% below fair value)
  • GF Score™: 70/100 with 5 warning signs

No single metric tells the full story. See the HKSE:02402 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Beijing SinoHytec Co Business Description

Other Exchanges 688339:China
Address No. 66, Xixiaokou Road, Room C701, 7th Floor, Block C, Building B-6, Dongsheng Technology Park, Zhongguancun, Haidian District, Beijing, CHN, 100192
Beijing SinoHytec Co Ltd is principally engaged in the production sale of fuel cell system, fuel cell components and technology development and services in Mainland China. The company's products and services are Production and sales of fuel cell system, Production and sales of fuel cell components, Provision of technology development services, and Others. Its products are Hydrogen Fuel Cell Engine includes M Series, G Series, T Series; Combined Heat and Power; and Electrolyzer.
70GF Score

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

HK$12.91
Price
HK$13.78
GF Value