Raytron Technology Co (SHSE:688002) Research & Development: ¥1,215 Mil (TTM As of Mar. 2026)

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SHSE:688002 Raytron Technology Co Ltd SHSE:688002
88 GF Score
Price ¥135.88
GF Value ¥94.24
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Raytron Technology Co Research & Development?

Raytron Technology Co SHSE:688002 -3.97% 88 Research & Development is ¥1,215 Mil as of Mar. 2026. GuruFocus rates SHSE:688002 with a GF Score™ of 88/100 and a GF Value™ of ¥94.24 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Raytron Technology Co's Research & Development for the three months ended in Mar. 2026 was ¥294 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥1,215 Mil.

Raytron Technology Co  (SHSE:688002) 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.

Raytron Technology Co Research & Development Related Terms

Raytron Technology Co Research & Development Historical Data

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The historical data trend for Raytron 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.

Raytron Technology Co Research & Development Chart

Raytron 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 417.77 536.41 683.33 860.73 1,153.40

Raytron Technology Co 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 233.30 274.54 304.42 341.14 294.50
SHSE:688002
88GF Score
Raytron Technology Co Ltd SHSE:688002
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Raytron 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥1,215 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 ¥1,215 Mil mean?
Raytron Technology Co (SHSE:688002) has a Research & Development of ¥1,215 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Raytron Technology Co and its competitors.
Is Raytron Technology Co's Research & Development too high?
Raytron Technology Co's current Research & Development is ¥1,215 Mil. Overall, Raytron Technology Co has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Raytron Technology Co's Research & Development compare to APH and GLW?
Raytron Technology Co's Research & Development of ¥1,215 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 Raytron Technology Co and its competitors. Raytron Technology Co's current Research & Development is ¥1,215 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raytron Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Raytron Technology Co (SHSE:688002) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥94.24, compared to a current price of ¥135.88 — trading 44.2% above its estimated fair value. The current Research & Development is ¥1,215 Mil. Raytron Technology Co's overall GF Score™ is 88/100 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 Raytron Technology Co (SHSE:688002), the current Research & Development is ¥1,215 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 Raytron Technology Co (SHSE:688002) Overvalued in 2026?

Based on GuruFocus' analysis, Raytron Technology Co stock appears to be overvalued. The current stock price of ¥135.88 is trading 44.2% above its estimated GF Value™ of ¥94.24. GuruFocus considers Raytron Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:688002:

  • Research & Development: ¥1,215 Mil
  • GF Value™: ¥94.24 vs. price of ¥135.88 (44.2% above fair value)
  • GF Score™: 88/100 with 5 warning signs

No single metric tells the full story. See the SHSE:688002 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Raytron Technology Co Business Description

Address No. 11, Guiyang Street, Yantai Development Zone, Shandong Province, Yantai, CHN, 264006
Raytron Technology Co Ltd is engaged in the research and development, production and sales of infrared MEMS chips, detectors, movements and complete machines.
88GF Score

Get the complete analysis for SHSE:688002

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

¥135.88
Price
¥94.24
GF Value