PN (PN Smart Energy) Research & Development: $1.68 Mil (TTM As of Sep. 2025)

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PN PN Smart Energy Ltd PN
18 GF Score
Price $3.88
! 2 Warning Signs
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What is PN Smart Energy Research & Development?

PN Smart Energy PN 18 Research & Development is $1.68 Mil as of Sep. 2025. GuruFocus rates PN with a GF Score™ of 18/100. The stock has 2 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. PN Smart Energy's Research & Development for the six months ended in Sep. 2025 was $1.31 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2025 was $1.68 Mil.

PN Smart Energy  (NAS:PN) 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.

PN Smart Energy Research & Development Related Terms

PN Smart Energy Research & Development Historical Data

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The historical data trend for PN Smart Energy'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.

PN Smart Energy Research & Development Chart

PN Smart Energy Annual Data
Trend Sep21 Sep22 Sep23 Sep24 Sep25
Research & Development
0.01 0.32 0.61 1.87 1.68

PN Smart Energy Semi-Annual Data
Sep21 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Research & Development Get a 7-Day Free Trial 0.44 0.83 1.05 0.38 1.31
PN
18GF Score
PN Smart Energy Ltd PN
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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PN Smart Energy Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Sep. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $1.68 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 $1.68 Mil mean?
PN Smart Energy (PN) has a Research & Development of $1.68 Mil as of Sep. 2025. Research and development expense is the total cost for research and development activities. View historical data on PN Smart Energy and its competitors.
Is PN Smart Energy's Research & Development too high?
PN Smart Energy's current Research & Development is $1.68 Mil. Overall, PN Smart Energy has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does PN Smart Energy's Research & Development compare to SPRU and ASTI?
PN Smart Energy's Research & Development of $1.68 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Research & Development depends on the Semiconductors 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 PN Smart Energy and its competitors. PN Smart Energy's current Research & Development is $1.68 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PN Smart Energy stock overvalued right now?
PN Smart Energy (PN) has a current Research & Development of $1.68 Mil. The current Research & Development is $1.68 Mil. PN Smart Energy's overall GF Score™ is 18/100 with 2 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 PN Smart Energy (PN), the current Research & Development is $1.68 Mil as of Sep. 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.

PN Smart Energy Business Description

Address No.188 Jinghua Road, Room 303, Block B, Yinzhou District, Zhejiang Province, Ningbo, CHN, 315048
PN Smart Energy Ltd is a solar photovoltaic (PV) product provider focused on manufacturing and selling solar cables and connectors. The company operates as an independent power provider (IPP) focused on the development of clean power stations, critical energy materials, and intelligent energy infrastructure. Through its PNTECH brand, the company also manufactures photovoltaic cables and connectors, serving customers across various countries and regions.
18GF Score

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

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