Zhejiang Chang'an Renheng Technology Co (HKSE:08139) Research & Development: HK$15.1 Mil (TTM As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:08139 Zhejiang Chang'an Renheng Technology Co Ltd HKSE:08139
65 GF Score
Price HK$1.22
GF Value HK$1.67
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Zhejiang Chang'an Renheng Technology Co Research & Development?

Zhejiang Chang'an Renheng Technology Co HKSE:08139 -0.81% 65 Research & Development is HK$15.1 Mil as of Dec. 2025. GuruFocus rates HKSE:08139 with a GF Score™ of 65/100 and a GF Value™ of HK$1.67 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Zhejiang Chang'an Renheng Technology Co's Research & Development for the six months ended in Dec. 2025 was HK$8.3 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was HK$15.1 Mil.


Zhejiang Chang'an Renheng Technology Co  (HKSE:08139) 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.


Zhejiang Chang'an Renheng Technology Co Research & Development Related Terms


Zhejiang Chang'an Renheng Technology Co Research & Development Historical Data

* Premium members only.

The historical data trend for Zhejiang Chang'an Renheng 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.

Zhejiang Chang'an Renheng Technology Co Research & Development Chart

Zhejiang Chang'an Renheng 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 13.10 11.85 12.67 16.59 15.18

Zhejiang Chang'an Renheng Technology Co 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 6.83 8.69 7.98 6.85 8.26
HKSE:08139
65GF Score
Zhejiang Chang'an Renheng Technology Co Ltd HKSE:08139
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhejiang Chang'an Renheng 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$15.1 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$15.1 Mil mean?
Zhejiang Chang'an Renheng Technology Co (HKSE:08139) has a Research & Development of HK$15.1 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Zhejiang Chang'an Renheng Technology Co and its competitors.
Is Zhejiang Chang'an Renheng Technology Co's Research & Development too high?
Zhejiang Chang'an Renheng Technology Co's current Research & Development is HK$15.1 Mil. Overall, Zhejiang Chang'an Renheng Technology Co has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Chang'an Renheng Technology Co's Research & Development compare to DOW?
Zhejiang Chang'an Renheng Technology Co's Research & Development of HK$15.1 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Research & Development depends on the Chemicals 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 Zhejiang Chang'an Renheng Technology Co and its competitors. Zhejiang Chang'an Renheng Technology Co's current Research & Development is HK$15.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Chang'an Renheng Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Chang'an Renheng Technology Co (HKSE:08139) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$1.67, compared to a current price of HK$1.22 — trading 26.9% below its estimated fair value. The current Research & Development is HK$15.1 Mil. Zhejiang Chang'an Renheng Technology Co's overall GF Score™ is 65/100 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 Zhejiang Chang'an Renheng Technology Co (HKSE:08139), the current Research & Development is HK$15.1 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 Zhejiang Chang'an Renheng Technology Co (HKSE:08139) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Chang'an Renheng Technology Co stock appears to be undervalued. The current stock price of HK$1.22 is trading 26.9% below its estimated GF Value™ of HK$1.67. GuruFocus considers Zhejiang Chang'an Renheng Technology Co to be Modestly Undervalued.

Key valuation signals for HKSE:08139:

  • Research & Development: HK$15.1 Mil
  • GF Value™: HK$1.67 vs. price of HK$1.22 (26.9% below fair value)
  • GF Score™: 65/100 with 6 warning signs

No single metric tells the full story. See the HKSE:08139 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Chang'an Renheng Technology Co Business Description

Address Laoya Tang, Si’an Town, Changxing County, Zhejiang Province, Huzhou, CHN
Zhejiang Chang'an Renheng Technology Co Ltd is principally engaged in the business of development, production, and sale of bentonite fine chemicals in China. It uses bentonite as its basic raw material to manufacture paper chemicals, organic bentonite, inorganic gel, bentonite for metallurgy pellets, quality calcium-bentonite, and other products. The majority of its revenue comes from the sale of organic bentonite.
65GF Score

Get the complete analysis for HKSE:08139

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

HK$1.22
Price
HK$1.67
GF Value