Lonking Holdings (HKSE:03339) Research & Development: HK$552 Mil (TTM As of Dec. 2025)

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HKSE:03339 Lonking Holdings Ltd HKSE:03339
67 GF Score
Price HK$2.78
GF Value HK$1.75
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Lonking Holdings Research & Development?

Lonking Holdings HKSE:03339 +0.72% 67 Research & Development is HK$552 Mil as of Dec. 2025. GuruFocus rates HKSE:03339 with a GF Score™ of 67/100 and a GF Value™ of HK$1.75 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Lonking Holdings's Research & Development for the six months ended in Dec. 2025 was HK$290 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was HK$552 Mil.

Lonking Holdings  (HKSE:03339) 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.

Lonking Holdings Research & Development Related Terms

Lonking Holdings Research & Development Historical Data

* Premium members only.

The historical data trend for Lonking Holdings'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.

Lonking Holdings Research & Development Chart

Lonking Holdings 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 762.30 576.25 478.75 477.80 555.06

Lonking Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 226.36 238.69 241.07 262.63 289.62
HKSE:03339
67GF Score
Lonking Holdings Ltd HKSE:03339
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Lonking Holdings 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$552 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$552 Mil mean?
Lonking Holdings (HKSE:03339) has a Research & Development of HK$552 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Lonking Holdings and its competitors.
Is Lonking Holdings' Research & Development too high?
Lonking Holdings' current Research & Development is HK$552 Mil. Overall, Lonking Holdings has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lonking Holdings' Research & Development compare to CAT and DE?
Lonking Holdings' Research & Development of HK$552 Mil can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good Research & Development depends on the Farm & Heavy Construction Machinery 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 Lonking Holdings and its competitors. Lonking Holdings's current Research & Development is HK$552 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lonking Holdings stock overvalued right now?
Based on GuruFocus' analysis, Lonking Holdings (HKSE:03339) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$1.75, compared to a current price of HK$2.78 — trading 58.9% above its estimated fair value. The current Research & Development is HK$552 Mil. Lonking Holdings' overall GF Score™ is 67/100 with 1 warning sign 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 Lonking Holdings (HKSE:03339), the current Research & Development is HK$552 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.

Is Lonking Holdings (HKSE:03339) Overvalued in 2026?

Based on GuruFocus' analysis, Lonking Holdings stock appears to be overvalued. The current stock price of HK$2.78 is trading 58.9% above its estimated GF Value™ of HK$1.75. GuruFocus considers Lonking Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:03339:

  • Research & Development: HK$552 Mil
  • GF Value™: HK$1.75 vs. price of HK$2.78 (58.9% above fair value)
  • GF Score™: 67/100 with 1 warning sign

No single metric tells the full story. See the HKSE:03339 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Lonking Holdings Business Description

Other Exchanges C9IB:Germany
Address No. 26 Mingyi Road, Xinqiao, Songjiang Industrial, Shanghai, CHN, 201612
Lonking Holdings Ltd is a construction and logistics machinery manufacturer in China. It produces wheel loaders, excavators, road rollers, forklifts, and other heavy equipment. In addition, the company supplies individual components, including gearboxes, converters, axles, and hydraulic components. The company has three operating segments: Sale of construction machinery, which generates the majority of the revenue, Finance lease of construction machinery, and Financial investment. The majority of sales are derived from China.
67GF Score

Get the complete analysis for HKSE:03339

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

HK$2.78
Price
HK$1.75
GF Value