Anjoy Foods Group Co (HKSE:02648) Research & Development: HK$103 Mil (TTM As of Mar. 2026)

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HKSE:02648 Anjoy Foods Group Co Ltd HKSE:02648
76 GF Score
Price HK$69.75
GF Value HK$75.71
Valuation Fairly Valued
! 3 Warning Signs
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What is Anjoy Foods Group Co Research & Development?

Anjoy Foods Group Co HKSE:02648 +0.65% 76 Research & Development is HK$103 Mil as of Mar. 2026. GuruFocus rates HKSE:02648 with a GF Score™ of 76/100 and a GF Value™ of HK$75.71 (Fairly Valued). The stock has 3 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Anjoy Foods Group Co's Research & Development for the three months ended in Mar. 2026 was HK$23 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was HK$103 Mil.

Anjoy Foods Group Co  (HKSE:02648) 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.

Anjoy Foods Group Co Research & Development Related Terms

Anjoy Foods Group Co Research & Development Historical Data

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The historical data trend for Anjoy Foods Group 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.

Anjoy Foods Group Co Research & Development Chart

Anjoy Foods Group 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 107.50 104.22 103.33 103.79 101.71

Anjoy Foods Group 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 20.48 22.77 27.07 30.23 23.31
HKSE:02648
76GF Score
Anjoy Foods Group Co Ltd HKSE:02648
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Anjoy Foods Group 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$103 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$103 Mil mean?
Anjoy Foods Group Co (HKSE:02648) has a Research & Development of HK$103 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Anjoy Foods Group Co and its competitors.
Is Anjoy Foods Group Co's Research & Development too high?
Anjoy Foods Group Co's current Research & Development is HK$103 Mil. Overall, Anjoy Foods Group Co has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Anjoy Foods Group Co's Research & Development compare to KHC and GIS?
Anjoy Foods Group Co's Research & Development of HK$103 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Research & Development depends on the Consumer Packaged Goods 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 Anjoy Foods Group Co and its competitors. Anjoy Foods Group Co's current Research & Development is HK$103 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anjoy Foods Group Co stock overvalued right now?
Based on GuruFocus' analysis, Anjoy Foods Group Co (HKSE:02648) is currently considered Fairly Valued. The stock's GF Value™ is HK$75.71, compared to a current price of HK$69.75 — trading 7.9% below its estimated fair value. The current Research & Development is HK$103 Mil. Anjoy Foods Group Co's overall GF Score™ is 76/100 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 Anjoy Foods Group Co (HKSE:02648), the current Research & Development is HK$103 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 Anjoy Foods Group Co (HKSE:02648) Overvalued in 2026?

Based on GuruFocus' analysis, Anjoy Foods Group Co stock appears to be undervalued. The current stock price of HK$69.75 is trading 7.9% below its estimated GF Value™ of HK$75.71. GuruFocus considers Anjoy Foods Group Co to be Fairly Valued.

Key valuation signals for HKSE:02648:

  • Research & Development: HK$103 Mil
  • GF Value™: HK$75.71 vs. price of HK$69.75 (7.9% below fair value)
  • GF Score™: 76/100 with 3 warning signs

No single metric tells the full story. See the HKSE:02648 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Anjoy Foods Group Co Business Description

Other Exchanges 603345:China
Address Xinyang Road, No. 2508, Haicang District, Fujian Province, Xiamen, CHN, 361022
Anjoy Foods Group Co Ltd is a frozen food production company. It is engaged in the R&D, production, and sales of quick-frozen food products, such as quick-frozen flavored and processed products (quick-frozen surimi products and quick-frozen meat products), quick-frozen prepared dishes, and quick-frozen flour and rice products. The company operates across both domestic and international markets.
76GF Score

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

HK$69.75
Price
HK$75.71
GF Value