Plus Group Holdings (HKSE:02486) Research & Development: HK$14 Mil (TTM As of Dec. 2025)


HKSE:02486 Plus Group Holdings Inc HKSE:02486
81 GF Score
Price HK$3.61
GF Value HK$12.90
Valuation Possible Value Trap
! 3 Warning Signs
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What is Plus Group Holdings Research & Development?

Plus Group Holdings HKSE:02486 +1.12% 81 Research & Development is HK$14 Mil as of Dec. 2025. GuruFocus rates HKSE:02486 with a GF Score™ of 81/100 and a GF Value™ of HK$12.90 (Possible Value Trap). The stock has 3 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Plus Group Holdings's Research & Development for the six months ended in Dec. 2025 was HK$8 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was HK$14 Mil.


Plus Group Holdings  (HKSE:02486) 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.


Plus Group Holdings Research & Development Related Terms


Plus Group Holdings Research & Development Historical Data

* Premium members only.

The historical data trend for Plus Group Holdings'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.

Plus Group Holdings Research & Development Chart

Plus Group Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial 14.89 27.94 32.03 17.68 14.10

Plus Group Holdings Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.51 14.08 3.71 6.06 7.98
HKSE:02486
81GF Score
Plus Group Holdings Inc HKSE:02486
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Plus Group Holdings 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$14 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$14 Mil mean?
Plus Group Holdings (HKSE:02486) has a Research & Development of HK$14 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Plus Group Holdings and its competitors.
Is Plus Group Holdings' Research & Development too high?
Plus Group Holdings' current Research & Development is HK$14 Mil. Overall, Plus Group Holdings has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Plus Group Holdings' Research & Development compare to APP and OMC?
Plus Group Holdings' Research & Development of HK$14 Mil can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Research & Development depends on the Media - Diversified 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 Plus Group Holdings and its competitors. Plus Group Holdings's current Research & Development is HK$14 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plus Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Plus Group Holdings (HKSE:02486) is currently considered Possible Value Trap. The stock's GF Value™ is HK$12.90, compared to a current price of HK$3.61 — trading 72% below its estimated fair value. The current Research & Development is HK$14 Mil. Plus Group Holdings' overall GF Score™ is 81/100 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 Plus Group Holdings (HKSE:02486), the current Research & Development is HK$14 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 Plus Group Holdings (HKSE:02486) Overvalued in 2026?

Based on GuruFocus' analysis, Plus Group Holdings stock appears to be undervalued. The current stock price of HK$3.61 is trading 72% below its estimated GF Value™ of HK$12.90. GuruFocus considers Plus Group Holdings to be Possible Value Trap.

Key valuation signals for HKSE:02486:

  • Research & Development: HK$14 Mil
  • GF Value™: HK$12.90 vs. price of HK$3.61 (72% below fair value)
  • GF Score™: 81/100 with 3 warning signs

No single metric tells the full story. See the HKSE:02486 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Plus Group Holdings Business Description

Address No. 80, Lane 689, Liquan Road, Unit 1501, T2 Office Building Gaoshang Lingyu, Putuo District, Shanghai, CHN
Plus Group Holdings Inc is an investment holding company and its subsidiaries are principally engaged in the customized marketing solution, tasks and marketers matching service, marketers assignment service and SaaS+ subscription and other services in the People's Republic of China. The company generates the majority of its revenue from the Customized marketing solution.
81GF Score

Get the complete analysis for HKSE:02486

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

HK$3.61
Price
HK$12.90
GF Value