Qinhuangdao Port Co (HKSE:03369) Research & Development: HK$199 Mil (TTM As of Dec. 2025)

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HKSE:03369 Qinhuangdao Port Co Ltd HKSE:03369
55 GF Score
Price HK$2.31
! 1 Warning Sign
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What is Qinhuangdao Port Co Research & Development?

Qinhuangdao Port Co HKSE:03369 -0.86% 55 Research & Development is HK$199 Mil as of Dec. 2025. GuruFocus rates HKSE:03369 with a GF Score™ of 55/100. The stock has 1 warning sign investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Qinhuangdao Port Co's Research & Development for the three months ended in Dec. 2025 was HK$106 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was HK$199 Mil.

Qinhuangdao Port Co  (HKSE:03369) 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.

Qinhuangdao Port Co Research & Development Related Terms

Qinhuangdao Port Co Research & Development Historical Data

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The historical data trend for Qinhuangdao Port 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.

Qinhuangdao Port Co Research & Development Chart

Qinhuangdao Port 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 65.97 160.80 168.49 185.43 199.87

Qinhuangdao Port Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 109.67 15.98 44.47 31.73 106.38
HKSE:03369
55GF Score
Qinhuangdao Port Co Ltd HKSE:03369
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Qinhuangdao Port 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 Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$199 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$199 Mil mean?
Qinhuangdao Port Co (HKSE:03369) has a Research & Development of HK$199 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Qinhuangdao Port Co and its competitors.
Is Qinhuangdao Port Co's Research & Development too high?
Qinhuangdao Port Co's current Research & Development is HK$199 Mil. Overall, Qinhuangdao Port Co has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Qinhuangdao Port Co's Research & Development compare to competitors?
Qinhuangdao Port Co's Research & Development of HK$199 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Research & Development depends on the Transportation 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 Qinhuangdao Port Co and its competitors. Qinhuangdao Port Co's current Research & Development is HK$199 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qinhuangdao Port Co stock overvalued right now?
Qinhuangdao Port Co (HKSE:03369) has a current Research & Development of HK$199 Mil. The current Research & Development is HK$199 Mil. Qinhuangdao Port Co's overall GF Score™ is 55/100 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 Qinhuangdao Port Co (HKSE:03369), the current Research & Development is HK$199 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.

Qinhuangdao Port Co Business Description

Other Exchanges QHD:Germany601326:China
Address 35 Haibin Road, Haigang District, Hebei Province, Qinhuangdao, CHN, 066002
Qinhuangdao Port Co Ltd is engaged in the provision of integrated port services for customers. It provides integrated port services including stevedoring, stacking, warehousing, transportation, and logistics services. The company handles various types of cargo mainly including coal, metal ores, oil and liquefied chemicals, containers, general cargoes, and other goods. It also provides value-added services, including towing, tallying, and coal blending. The company's whole operations are in China.
55GF Score

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HK$2.31
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