Quantgroup Holding (HKSE:02685) Research & Development: HK$57 Mil (TTM As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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HKSE:02685 Quantgroup Holding Ltd HKSE:02685
21 GF Score
Price HK$4.07
! 2 Warning Signs
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What is Quantgroup Holding Research & Development?

Quantgroup Holding HKSE:02685 -31.02% 21 Research & Development is HK$57 Mil as of Dec. 2025. GuruFocus rates HKSE:02685 with a GF Score™ of 21/100. The stock has 2 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Quantgroup Holding's Research & Development for the six months ended in Dec. 2025 was HK$57 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was HK$57 Mil.

Quantgroup Holding  (HKSE:02685) 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.

Quantgroup Holding Research & Development Related Terms

Quantgroup Holding Research & Development Historical Data

* Premium members only.

The historical data trend for Quantgroup Holding'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.

Quantgroup Holding Research & Development Chart

Quantgroup Holding Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Research & Development
67.78 51.32 39.96 56.71

Quantgroup Holding Semi-Annual Data
Dec22 Dec23 Dec24 Dec25
Research & Development 67.78 51.32 39.96 56.71
HKSE:02685
21GF Score
Quantgroup Holding Ltd HKSE:02685
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Quantgroup Holding Research & Development Calculation

This is the expense the company spent on research and development.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was HK$57 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$57 Mil mean?
Quantgroup Holding (HKSE:02685) has a Research & Development of HK$57 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Quantgroup Holding and its competitors.
Is Quantgroup Holding's Research & Development too high?
Quantgroup Holding's current Research & Development is HK$57 Mil. Overall, Quantgroup Holding has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Quantgroup Holding's Research & Development compare to AMZN and BABA?
Quantgroup Holding's Research & Development of HK$57 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Research & Development depends on the Retail - Cyclical 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 Quantgroup Holding and its competitors. Quantgroup Holding's current Research & Development is HK$57 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quantgroup Holding stock overvalued right now?
Quantgroup Holding (HKSE:02685) has a current Research & Development of HK$57 Mil. The current Research & Development is HK$57 Mil. Quantgroup Holding's overall GF Score™ is 21/100 with 2 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 Quantgroup Holding (HKSE:02685), the current Research & Development is HK$57 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.

Quantgroup Holding Business Description

Address Zhongguancun Street, Office B711, 7th Floor, No. 19, Haidian District, Beijing, CHN
Quantgroup Holding Ltd is an investment holding company. The company and its subsidiaries are principally engaged in the operation of online marketplaces and other businesses, including advertisement placement and provision of matching services for financial institutions. Its consumer E-commerce marketplaces include: i) Yangxiaomie: It carries a wide spectrum of retail goods ranging from consumer electronics, food and beverages, home appliances, cosmetics, jewelry to clothing and personal daily care provided by third-party marketplace suppliers. ii) Consumption Guide: It matches end customers who purchase automobiles and, to a small extent, local lifestyle services, which are sold/provided by the marketplace suppliers in offline stores. The company derives maximum revenue from Yangxiaomie.
21GF Score

Get the complete analysis for HKSE:02685

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

HK$4.07
Price