Hainan Drinda New Energy Technology Co (HKSE:02865) Research & Development: HK$89 Mil (TTM As of Mar. 2026)

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HKSE:02865 Hainan Drinda New Energy Technology Co Ltd HKSE:02865
59 GF Score
Price HK$18.10
GF Value HK$14.87
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Hainan Drinda New Energy Technology Co Research & Development?

Hainan Drinda New Energy Technology Co HKSE:02865 -0.17% 59 Research & Development is HK$89 Mil as of Mar. 2026. GuruFocus rates HKSE:02865 with a GF Score™ of 59/100 and a GF Value™ of HK$14.87 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Hainan Drinda New Energy Technology Co's Research & Development for the three months ended in Mar. 2026 was HK$22 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was HK$89 Mil.

Hainan Drinda New Energy Technology Co  (HKSE:02865) 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.

Hainan Drinda New Energy Technology Co Research & Development Related Terms

Hainan Drinda New Energy Technology Co Research & Development Historical Data

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The historical data trend for Hainan Drinda New Energy Technology 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.

Hainan Drinda New Energy Technology Co Research & Development Chart

Hainan Drinda New Energy Technology 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 151.13 278.58 332.24 212.17 122.17

Hainan Drinda New Energy Technology 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 53.70 26.65 19.45 20.25 22.44
HKSE:02865
59GF Score
Hainan Drinda New Energy Technology Co Ltd HKSE:02865
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Hainan Drinda New Energy Technology 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$89 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$89 Mil mean?
Hainan Drinda New Energy Technology Co (HKSE:02865) has a Research & Development of HK$89 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Hainan Drinda New Energy Technology Co and its competitors.
Is Hainan Drinda New Energy Technology Co's Research & Development too high?
Hainan Drinda New Energy Technology Co's current Research & Development is HK$89 Mil. Overall, Hainan Drinda New Energy Technology Co has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hainan Drinda New Energy Technology Co's Research & Development compare to FSLR and NXT?
Hainan Drinda New Energy Technology Co's Research & Development of HK$89 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Research & Development depends on the Semiconductors 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 Hainan Drinda New Energy Technology Co and its competitors. Hainan Drinda New Energy Technology Co's current Research & Development is HK$89 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hainan Drinda New Energy Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Hainan Drinda New Energy Technology Co (HKSE:02865) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$14.87, compared to a current price of HK$18.10 — trading 21.7% above its estimated fair value. The current Research & Development is HK$89 Mil. Hainan Drinda New Energy Technology Co's overall GF Score™ is 59/100 with 6 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 Hainan Drinda New Energy Technology Co (HKSE:02865), the current Research & Development is HK$89 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 Hainan Drinda New Energy Technology Co (HKSE:02865) Overvalued in 2026?

Based on GuruFocus' analysis, Hainan Drinda New Energy Technology Co stock appears to be overvalued. The current stock price of HK$18.10 is trading 21.7% above its estimated GF Value™ of HK$14.87. GuruFocus considers Hainan Drinda New Energy Technology Co to be Modestly Overvalued.

Key valuation signals for HKSE:02865:

  • Research & Development: HK$89 Mil
  • GF Value™: HK$14.87 vs. price of HK$18.10 (21.7% above fair value)
  • GF Score™: 59/100 with 6 warning signs

No single metric tells the full story. See the HKSE:02865 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hainan Drinda New Energy Technology Co Business Description

Other Exchanges 002865:China
Address 99 Si’an Street, Suzhou Industrial Park, 15th Floor, GCL Plaza, Jiangsu Province, Suzhou, CHN
Hainan Drinda New Energy Technology Co Ltd is principally engaged in the R&D, production, and sales of PV cells, with a focus on the new-generation N-type solar cells, the product performance of which has reached international standards. The Company is an enterprise in the PV cell industry and has consistently focused on the R&D of core PV cell technologies. It operates in the Chinese mainland and outside the Chinese mainland.
59GF Score

Get the complete analysis for HKSE:02865

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

HK$18.10
Price
HK$14.87
GF Value