Sicc Co (SHSE:688234) Research & Development: ¥159 Mil (TTM As of Mar. 2026)

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SHSE:688234 Sicc Co Ltd SHSE:688234
65 GF Score
Price ¥100.00
GF Value ¥75.08
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Sicc Co Research & Development?

Sicc Co SHSE:688234 +4.37% 65 Research & Development is ¥159 Mil as of Mar. 2026. GuruFocus rates SHSE:688234 with a GF Score™ of 65/100 and a GF Value™ of ¥75.08 (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. Sicc Co's Research & Development for the three months ended in Mar. 2026 was ¥38 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥159 Mil.

Sicc Co  (SHSE:688234) 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.

Sicc Co Research & Development Related Terms

Sicc Co Research & Development Historical Data

* Premium members only.

The historical data trend for Sicc 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.

Sicc Co Research & Development Chart

Sicc Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial 73.74 127.56 137.21 141.85 165.84

Sicc 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 44.94 30.91 47.46 42.53 38.02
SHSE:688234
65GF Score
Sicc Co Ltd SHSE:688234
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Sicc 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 ¥159 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 ¥159 Mil mean?
Sicc Co (SHSE:688234) has a Research & Development of ¥159 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Sicc Co and its competitors.
Is Sicc Co's Research & Development too high?
Sicc Co's current Research & Development is ¥159 Mil. Overall, Sicc Co has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sicc Co's Research & Development compare to AMAT and LRCX?
Sicc Co's Research & Development of ¥159 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 Sicc Co and its competitors. Sicc Co's current Research & Development is ¥159 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sicc Co stock overvalued right now?
Based on GuruFocus' analysis, Sicc Co (SHSE:688234) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥75.08, compared to a current price of ¥100.00 — trading 33.2% above its estimated fair value. The current Research & Development is ¥159 Mil. Sicc Co's overall GF Score™ is 65/100 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 Sicc Co (SHSE:688234), the current Research & Development is ¥159 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 Sicc Co (SHSE:688234) Overvalued in 2026?

Based on GuruFocus' analysis, Sicc Co stock appears to be overvalued. The current stock price of ¥100.00 is trading 33.2% above its estimated GF Value™ of ¥75.08. GuruFocus considers Sicc Co to be Significantly Overvalued.

Key valuation signals for SHSE:688234:

  • Research & Development: ¥159 Mil
  • GF Value™: ¥75.08 vs. price of ¥100.00 (33.2% above fair value)
  • GF Score™: 65/100 with 5 warning signs

No single metric tells the full story. See the SHSE:688234 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Sicc Co Business Description

Other Exchanges 02631:Hong Kong
Address No. 99, Tianyue South Road, Huaiyin District, Shandong Province, Jinan, CHN, 250118
Sicc Co Ltd is principally engaged in research and development, manufacturing and sales of SiC substrates. The Group's revenue streams are categorized as follows: Sales of SiC semiconductor material; and Others. It generates majority of its revenue from the Sales of SiC semiconductor material.
65GF Score

Get the complete analysis for SHSE:688234

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

¥100.00
Price
¥75.08
GF Value