Hygon Information Technology Co (SHSE:688041) Research & Development: ¥4,588 Mil (TTM As of Mar. 2026)


SHSE:688041 Hygon Information Technology Co Ltd SHSE:688041
89 GF Score
Price ¥325.40
GF Value ¥261.99
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Hygon Information Technology Co Research & Development?

Hygon Information Technology Co SHSE:688041 +0.96% 89 Research & Development is ¥4,588 Mil as of Mar. 2026. GuruFocus rates SHSE:688041 with a GF Score™ of 89/100 and a GF Value™ of ¥261.99 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Hygon Information Technology Co's Research & Development for the three months ended in Mar. 2026 was ¥1,149 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥4,588 Mil.

Hygon Information Technology Co  (SHSE:688041) 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.

Hygon Information Technology Co Research & Development Related Terms

Hygon Information Technology Co Research & Development Historical Data

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The historical data trend for Hygon Information 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.

Hygon Information Technology Co Research & Development Chart

Hygon Information Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial 744.67 1,413.59 1,992.42 2,910.00 4,145.33

Hygon Information 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 706.32 791.57 1,087.64 1,559.80 1,149.40
SHSE:688041
89GF Score
Hygon Information Technology Co Ltd SHSE:688041
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Hygon Information 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 ¥4,588 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 ¥4,588 Mil mean?
Hygon Information Technology Co (SHSE:688041) has a Research & Development of ¥4,588 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Hygon Information Technology Co and its competitors.
Is Hygon Information Technology Co's Research & Development too high?
Hygon Information Technology Co's current Research & Development is ¥4,588 Mil. Overall, Hygon Information Technology Co has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hygon Information Technology Co's Research & Development compare to SNDK and DELL?
Hygon Information Technology Co's Research & Development of ¥4,588 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 Hygon Information Technology Co and its competitors. Hygon Information Technology Co's current Research & Development is ¥4,588 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hygon Information Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Hygon Information Technology Co (SHSE:688041) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥261.99, compared to a current price of ¥325.40 — trading 24.2% above its estimated fair value. The current Research & Development is ¥4,588 Mil. Hygon Information Technology Co's overall GF Score™ is 89/100 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 Hygon Information Technology Co (SHSE:688041), the current Research & Development is ¥4,588 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 Hygon Information Technology Co (SHSE:688041) Overvalued in 2026?

Based on GuruFocus' analysis, Hygon Information Technology Co stock appears to be overvalued. The current stock price of ¥325.40 is trading 24.2% above its estimated GF Value™ of ¥261.99. GuruFocus considers Hygon Information Technology Co to be Modestly Overvalued.

Key valuation signals for SHSE:688041:

  • Research & Development: ¥4,588 Mil
  • GF Value™: ¥261.99 vs. price of ¥325.40 (24.2% above fair value)
  • GF Score™: 89/100 with 6 warning signs

No single metric tells the full story. See the SHSE:688041 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hygon Information Technology Co Business Description

Address No. 8, Dongbeiwang West Road, 4-5th Floor, Building C, Zhongguancun Software Park, Haidian District, Beijing, CHN, 100085
Hygon Information Technology Co Ltd is engaged in the research and development, design, and sales of high-end processors used in computing and storage devices such as servers and workstations. The company's products include Hygon central processing unit (CPU) and Hygon drive control unit (DCU).
89GF Score

Get the complete analysis for SHSE:688041

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

¥325.40
Price
¥261.99
GF Value