Lianlian DigiTech Co (HKSE:02598) Research & Development: HK$396 Mil (TTM As of Dec. 2025)


HKSE:02598 Lianlian DigiTech Co Ltd HKSE:02598
39 GF Score
Price HK$4.16
! 3 Warning Signs
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What is Lianlian DigiTech Co Research & Development?

Lianlian DigiTech Co HKSE:02598 -0.95% 39 Research & Development is HK$396 Mil as of Dec. 2025. GuruFocus rates HKSE:02598 with a GF Score™ of 39/100. The stock has 3 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Lianlian DigiTech Co's Research & Development for the six months ended in Dec. 2025 was HK$192 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was HK$396 Mil.

Lianlian DigiTech Co  (HKSE:02598) 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.

Lianlian DigiTech Co Research & Development Related Terms

Lianlian DigiTech Co Research & Development Historical Data

* Premium members only.

The historical data trend for Lianlian DigiTech 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.

Lianlian DigiTech Co Research & Development Chart

Lianlian DigiTech Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial 213.35 234.96 293.31 340.65 398.35

Lianlian DigiTech Co Semi-Annual Data
Dec20 Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Research & Development Get a 7-Day Free Trial Premium Member Only 162.74 158.76 183.20 204.37 191.80
HKSE:02598
39GF Score
Lianlian DigiTech Co Ltd HKSE:02598
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Lianlian DigiTech 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$396 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$396 Mil mean?
Lianlian DigiTech Co (HKSE:02598) has a Research & Development of HK$396 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Lianlian DigiTech Co and its competitors.
Is Lianlian DigiTech Co's Research & Development too high?
Lianlian DigiTech Co's current Research & Development is HK$396 Mil. Overall, Lianlian DigiTech Co has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Lianlian DigiTech Co's Research & Development compare to MSFT and ORCL?
Lianlian DigiTech Co's Research & Development of HK$396 Mil can be compared against companies in the Software 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 Software company?
A good Research & Development depends on the Software 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 Lianlian DigiTech Co and its competitors. Lianlian DigiTech Co's current Research & Development is HK$396 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lianlian DigiTech Co stock overvalued right now?
Lianlian DigiTech Co (HKSE:02598) has a current Research & Development of HK$396 Mil. The current Research & Development is HK$396 Mil. Lianlian DigiTech Co's overall GF Score™ is 39/100 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 Lianlian DigiTech Co (HKSE:02598), the current Research & Development is HK$396 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.

Lianlian DigiTech Co Business Description

Address 79 Yueda Lane, B3, 12th Floor, Building 1, Binjiang District, Zhejiang Province, Hangzhou, CHN
Lianlian DigiTech Co Ltd and its subsidiaries are engaged in the provision of digital payment services and value-added services across the world. Digital payment services encompass international and domestic payments and include various products such as pay-in, payout, acquiring, foreign exchange, virtual bank card, and payment aggregation services. By integrating AI-driven intelligence across its end-to-end service chain, the Group works to optimize transaction risk management and improve customer service. The Group's reportable segments are: Global payment, Domestic payment, Value-added services, and Others. Maximum revenue is derived from the Global payment segment, which helps merchants who sell their goods on e-commerce platforms globally and regionally to repatriate their funds.
39GF Score

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

HK$4.16
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