HLRTF (Hillcrest Energy Technologies) Research & Development: $1.65 Mil (TTM As of Dec. 2025)

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HLRTF Hillcrest Energy Technologies Ltd HLRTF
29 GF Score
Price $0.12
GF Value $0.17
Valuation Possible Value Trap
! 5 Warning Signs
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What is Hillcrest Energy Technologies Research & Development?

Hillcrest Energy Technologies HLRTF +1.62% 29 Research & Development is $1.65 Mil as of Dec. 2025. GuruFocus rates HLRTF with a GF Score™ of 29/100 and a GF Value™ of $0.17 (Possible Value Trap). The stock has 5 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Hillcrest Energy Technologies's Research & Development for the three months ended in Dec. 2025 was $0.39 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was $1.65 Mil.

Hillcrest Energy Technologies  (OTCPK:HLRTF) 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.

Hillcrest Energy Technologies Research & Development Related Terms

Hillcrest Energy Technologies Research & Development Historical Data

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The historical data trend for Hillcrest Energy Technologies'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.

Hillcrest Energy Technologies Research & Development Chart

Hillcrest Energy Technologies 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 0.49 1.06 1.59 1.43 1.66

Hillcrest Energy Technologies 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 0.38 0.44 0.47 0.36 0.39
HLRTF
29GF Score
Hillcrest Energy Technologies Ltd HLRTF
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Hillcrest Energy Technologies 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 $1.65 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 $1.65 Mil mean?
Hillcrest Energy Technologies (HLRTF) has a Research & Development of $1.65 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Hillcrest Energy Technologies and its competitors.
Is Hillcrest Energy Technologies' Research & Development too high?
Hillcrest Energy Technologies' current Research & Development is $1.65 Mil. Overall, Hillcrest Energy Technologies has a GF Score™ of 29/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hillcrest Energy Technologies' Research & Development compare to APH and GLW?
Hillcrest Energy Technologies' Research & Development of $1.65 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Research & Development depends on the Hardware 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 Hillcrest Energy Technologies and its competitors. Hillcrest Energy Technologies's current Research & Development is $1.65 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hillcrest Energy Technologies stock overvalued right now?
Based on GuruFocus' analysis, Hillcrest Energy Technologies (HLRTF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.17, compared to a current price of $0.12 — trading 30.1% below its estimated fair value. The current Research & Development is $1.65 Mil. Hillcrest Energy Technologies' overall GF Score™ is 29/100 with 5 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 Hillcrest Energy Technologies (HLRTF), the current Research & Development is $1.65 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 Hillcrest Energy Technologies (HLRTF) Overvalued in 2026?

Based on GuruFocus' analysis, Hillcrest Energy Technologies stock appears to be undervalued. The current stock price of $0.12 is trading 30.1% below its estimated GF Value™ of $0.17. GuruFocus considers Hillcrest Energy Technologies to be Possible Value Trap.

Key valuation signals for HLRTF:

  • Research & Development: $1.65 Mil
  • GF Value™: $0.17 vs. price of $0.12 (30.1% below fair value)
  • GF Score™: 29/100 with 5 warning signs

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

Hillcrest Energy Technologies Business Description

Other Exchanges 7HI:GermanyHEAT:Canada
Address 1040 West Georgia Street, Suite 1170, Vancouver, BC, CAN, V6E 4H1
Hillcrest Energy Technologies Ltd is in the business of developing high-value, high-performance clean energy technologies in its transition from oil and gas production to clean energy technology development and commercialization. It is a clean technology company focused on providing power conversion technologies and digital control systems for next-generation powertrains and grid-connected renewable energy systems. It has two reportable operating segments, being the clean energy segment covering the development and commercialization of its clean energy technology in Canada and Europe and the corporate segment. Its products include EV TRACTION INVERTER, ZVS POWER MODULE, and GRID PCS1000.
29GF Score

Get the complete analysis for HLRTF

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

$0.12
Price
$0.17
GF Value