Mininglamp Technology (HKSE:02718) Research & Development: HK$397 Mil (TTM As of Dec. 2025)

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HKSE:02718 Mininglamp Technology HKSE:02718
12 GF Score
Price HK$41.98
! 3 Warning Signs
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What is Mininglamp Technology Research & Development?

Mininglamp Technology HKSE:02718 +15.97% 12 Research & Development is HK$397 Mil as of Dec. 2025. GuruFocus rates HKSE:02718 with a GF Score™ of 12/100. The stock has 3 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Mininglamp Technology's Research & Development for the six months ended in Dec. 2025 was HK$232 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was HK$397 Mil.

Mininglamp Technology  (HKSE:02718) 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.

Mininglamp Technology Research & Development Related Terms

Mininglamp Technology Research & Development Historical Data

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The historical data trend for Mininglamp Technology'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.

Mininglamp Technology Research & Development Chart

Mininglamp Technology Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Research & Development
838.57 525.84 376.94 398.31

Mininglamp Technology Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Research & Development Get a 7-Day Free Trial 0.00 186.87 191.61 164.45 232.11
HKSE:02718
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Mininglamp Technology HKSE:02718
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Mininglamp Technology 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$397 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$397 Mil mean?
Mininglamp Technology (HKSE:02718) has a Research & Development of HK$397 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Mininglamp Technology and its competitors.
Is Mininglamp Technology's Research & Development too high?
Mininglamp Technology's current Research & Development is HK$397 Mil. Overall, Mininglamp Technology has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Mininglamp Technology's Research & Development compare to MSFT and ORCL?
Mininglamp Technology's Research & Development of HK$397 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 Mininglamp Technology and its competitors. Mininglamp Technology's current Research & Development is HK$397 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mininglamp Technology stock overvalued right now?
Mininglamp Technology (HKSE:02718) has a current Research & Development of HK$397 Mil. The current Research & Development is HK$397 Mil. Mininglamp Technology's overall GF Score™ is 12/100 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 Mininglamp Technology (HKSE:02718), the current Research & Development is HK$397 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.

Mininglamp Technology Business Description

Address No. 222, West Section 3, Waihuan Road, Room 807, 8th Floor, Building 1, Yanjiang District, Sichuan Province, Ziyang, CHN
Mininglamp Technology is a data intelligence application software company in China. The company offers data intelligence products and solutions, covering marketing and operational intelligence and encompassing online and offline scenarios. The company is dedicated to transforming enterprise's marketing and operational design and decision-making processes leveraging large models, industry-specific knowledge, and multimodal data. It has served Fortune companies, with clients spanning retail, consumer goods, food and beverage, automotive, 3C, beauty products, mother and baby products and other industries.
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Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$41.98
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