Ruihe Data Technology Holdings (HKSE:03680) Research & Development: HK$11.0 Mil (TTM As of Dec. 2025)

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HKSE:03680 Ruihe Data Technology Holdings Ltd HKSE:03680
42 GF Score
Price HK$2.02
GF Value HK$0.67
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Ruihe Data Technology Holdings Research & Development?

Ruihe Data Technology Holdings HKSE:03680 +1.00% 42 Research & Development is HK$11.0 Mil as of Dec. 2025. GuruFocus rates HKSE:03680 with a GF Score™ of 42/100 and a GF Value™ of HK$0.67 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Ruihe Data Technology Holdings's Research & Development for the six months ended in Dec. 2025 was HK$2.9 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was HK$11.0 Mil.

Ruihe Data Technology Holdings  (HKSE:03680) 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.

Ruihe Data Technology Holdings Research & Development Related Terms

Ruihe Data Technology Holdings Research & Development Historical Data

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The historical data trend for Ruihe Data Technology 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.

Ruihe Data Technology Holdings Research & Development Chart

Ruihe Data Technology 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 75.26 44.20 36.36 33.18 11.09

Ruihe Data Technology Holdings Semi-Annual Data
Dec16 Dec17 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 11.27 20.94 12.41 8.07 2.93
HKSE:03680
42GF Score
Ruihe Data Technology Holdings Ltd HKSE:03680
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Ruihe Data Technology 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$11.0 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$11.0 Mil mean?
Ruihe Data Technology Holdings (HKSE:03680) has a Research & Development of HK$11.0 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Ruihe Data Technology Holdings and its competitors.
Is Ruihe Data Technology Holdings' Research & Development too high?
Ruihe Data Technology Holdings' current Research & Development is HK$11.0 Mil. Overall, Ruihe Data Technology Holdings has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ruihe Data Technology Holdings' Research & Development compare to IBM and ACN?
Ruihe Data Technology Holdings' Research & Development of HK$11.0 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 Ruihe Data Technology Holdings and its competitors. Ruihe Data Technology Holdings's current Research & Development is HK$11.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ruihe Data Technology Holdings stock overvalued right now?
Based on GuruFocus' analysis, Ruihe Data Technology Holdings (HKSE:03680) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.67, compared to a current price of HK$2.02 — trading 201.5% above its estimated fair value. The current Research & Development is HK$11.0 Mil. Ruihe Data Technology Holdings' overall GF Score™ is 42/100 with 7 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 Ruihe Data Technology Holdings (HKSE:03680), the current Research & Development is HK$11.0 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 Ruihe Data Technology Holdings (HKSE:03680) Overvalued in 2026?

Based on GuruFocus' analysis, Ruihe Data Technology Holdings stock appears to be overvalued. The current stock price of HK$2.02 is trading 201.5% above its estimated GF Value™ of HK$0.67. GuruFocus considers Ruihe Data Technology Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:03680:

  • Research & Development: HK$11.0 Mil
  • GF Value™: HK$0.67 vs. price of HK$2.02 (201.5% above fair value)
  • GF Score™: 42/100 with 7 warning signs

No single metric tells the full story. See the HKSE:03680 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ruihe Data Technology Holdings Business Description

Address No. 18, Gaoxin South 4th Road, Yuehai Street, Room 1901, Skyworth Semiconductor Design Building West Wing, Nanshan District, Shenzhen, CHN
Ruihe Data Technology Holdings Ltd is an enterprise in the field of data intelligence and marketing technology, providing big data, AI, and digital marketing solutions and professional consulting services to financial institutions and other enterprises and helping all kinds of enterprises and organizations to fully realize the value of data and accelerate their digital transformation driven by data. The core businesses of the Group are the provision of data solutions, sales of hardware and software, and related services as an integrated service, as well as IT maintenance and support services. Its segments include Integrated data technology services; Trading of commodities; and Others, where Integrated data technology services derives maximum revenue.
42GF Score

Get the complete analysis for HKSE:03680

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

HK$2.02
Price
HK$0.67
GF Value