Hundsun Technologies (SHSE:600570) Research & Development: ¥2,151 Mil (TTM As of Mar. 2026)

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SHSE:600570 Hundsun Technologies Inc SHSE:600570
84 GF Score
Price ¥21.48
GF Value ¥23.30
Valuation Fairly Valued
! 6 Warning Signs
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What is Hundsun Technologies Research & Development?

Hundsun Technologies SHSE:600570 +4.07% 84 Research & Development is ¥2,151 Mil as of Mar. 2026. GuruFocus rates SHSE:600570 with a GF Score™ of 84/100 and a GF Value™ of ¥23.30 (Fairly Valued). The stock has 6 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Hundsun Technologies's Research & Development for the three months ended in Mar. 2026 was ¥471 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥2,151 Mil.

Hundsun Technologies  (SHSE:600570) 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.

Hundsun Technologies Research & Development Related Terms

Hundsun Technologies Research & Development Historical Data

* Premium members only.

The historical data trend for Hundsun 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.

Hundsun Technologies Research & Development Chart

Hundsun 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 2,139.30 2,346.28 2,661.23 2,458.47 2,180.00

Hundsun Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 500.41 535.99 482.03 661.58 470.92
SHSE:600570
84GF Score
Hundsun Technologies Inc SHSE:600570
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Hundsun 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥2,151 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 ¥2,151 Mil mean?
Hundsun Technologies (SHSE:600570) has a Research & Development of ¥2,151 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Hundsun Technologies and its competitors.
Is Hundsun Technologies' Research & Development too high?
Hundsun Technologies' current Research & Development is ¥2,151 Mil. Overall, Hundsun Technologies has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hundsun Technologies' Research & Development compare to UBER and SHOP?
Hundsun Technologies' Research & Development of ¥2,151 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 Hundsun Technologies and its competitors. Hundsun Technologies's current Research & Development is ¥2,151 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hundsun Technologies stock overvalued right now?
Based on GuruFocus' analysis, Hundsun Technologies (SHSE:600570) is currently considered Fairly Valued. The stock's GF Value™ is ¥23.30, compared to a current price of ¥21.48 — trading 7.8% below its estimated fair value. The current Research & Development is ¥2,151 Mil. Hundsun Technologies' overall GF Score™ is 84/100 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 Hundsun Technologies (SHSE:600570), the current Research & Development is ¥2,151 Mil as of Mar. 2026. 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 Hundsun Technologies (SHSE:600570) Overvalued in 2026?

Based on GuruFocus' analysis, Hundsun Technologies stock appears to be undervalued. The current stock price of ¥21.48 is trading 7.8% below its estimated GF Value™ of ¥23.30. GuruFocus considers Hundsun Technologies to be Fairly Valued.

Key valuation signals for SHSE:600570:

  • Research & Development: ¥2,151 Mil
  • GF Value™: ¥23.30 vs. price of ¥21.48 (7.8% below fair value)
  • GF Score™: 84/100 with 6 warning signs

No single metric tells the full story. See the SHSE:600570 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hundsun Technologies Business Description

Address No. 1888, Binxing Road, Digital Hang Seng Center, Binjiang District, Hangzhou, CHN, 310052
Hundsun Technologies Inc provides financial software and network services in China. It offers integrated solutions and services to institutions in the securities, futures, funds, trust, insurance, banking, exchange, and private placement sectors. Its main businesses include wealth technology services, asset management technology services, risk and platform technology services, data services business, innovation business, corporate finance and insurance core, and financial infrastructure technology services, as well as other businesses.
84GF Score

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

¥21.48
Price
¥23.30
GF Value