Shenzhen Dobot (HKSE:02432) Research & Development: HK$126.2 Mil (TTM As of Dec. 2025)

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HKSE:02432 Shenzhen Dobot Corp Ltd HKSE:02432
11 GF Score
Price HK$25.22
! 3 Warning Signs
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What is Shenzhen Dobot Research & Development?

Shenzhen Dobot HKSE:02432 -1.71% 11 Research & Development is HK$126.2 Mil as of Dec. 2025. GuruFocus rates HKSE:02432 with a GF Score™ of 11/100. The stock has 3 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Shenzhen Dobot's Research & Development for the six months ended in Dec. 2025 was HK$81.5 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was HK$126.2 Mil.

Shenzhen Dobot  (HKSE:02432) 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.

Shenzhen Dobot Research & Development Related Terms

Shenzhen Dobot Research & Development Historical Data

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The historical data trend for Shenzhen Dobot'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.

Shenzhen Dobot Research & Development Chart

Shenzhen Dobot Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
57.39 58.13 77.14 76.65 126.66

Shenzhen Dobot Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Research & Development Get a 7-Day Free Trial 43.04 33.83 43.10 44.70 81.48
HKSE:02432
11GF Score
Shenzhen Dobot Corp Ltd HKSE:02432
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Shenzhen Dobot 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$126.2 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$126.2 Mil mean?
Shenzhen Dobot (HKSE:02432) has a Research & Development of HK$126.2 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Shenzhen Dobot and its competitors.
Is Shenzhen Dobot's Research & Development too high?
Shenzhen Dobot's current Research & Development is HK$126.2 Mil. Overall, Shenzhen Dobot has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Dobot's Research & Development compare to GEV and ETN?
Shenzhen Dobot's Research & Development of HK$126.2 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Research & Development depends on the Industrial Products 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 Shenzhen Dobot and its competitors. Shenzhen Dobot's current Research & Development is HK$126.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Dobot stock overvalued right now?
Shenzhen Dobot (HKSE:02432) has a current Research & Development of HK$126.2 Mil. The current Research & Development is HK$126.2 Mil. Shenzhen Dobot's overall GF Score™ is 11/100 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 Shenzhen Dobot (HKSE:02432), the current Research & Development is HK$126.2 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.

Shenzhen Dobot Business Description

Address No. 3370 Liuxian Avenue, Room 1003, Building 2, Chongwen Park, Nanshan Smart Park, Fuguang Community, Taoyuan Sub-district Nanshan District, Shenzhen, CHN
Shenzhen Dobot Corp Ltd is engaged in the development, manufacturing and commercialization of collaborative robots, or commonly known as cobots. It has a focus on industry innovation, particularly in cobot safety measures and AI capabilities, by introducing the flexible e-skin technology, SafeSkin, and launching AI-empowered cobots underpinned by an AI-cobot empowering platform, X-Trainer. It has nearly 27 cobot models in four series, catering to numerous use cases in manufacturing, retail, healthcare, STEAM education, scientific research settings, and many more. The company's products include CRA Series, Nova Series, CR Series, etc.
11GF Score

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

HK$25.22
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