Henan Shijia Photons Technology Co (SHSE:688313) Research & Development: ¥130 Mil (TTM As of Mar. 2026)


SHSE:688313 Henan Shijia Photons Technology Co Ltd SHSE:688313
67 GF Score
Price ¥170.80
GF Value ¥44.17
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Henan Shijia Photons Technology Co Research & Development?

Henan Shijia Photons Technology Co SHSE:688313 -7.50% 67 Research & Development is ¥130 Mil as of Mar. 2026. GuruFocus rates SHSE:688313 with a GF Score™ of 67/100 and a GF Value™ of ¥44.17 (Significantly Overvalued). The stock has 9 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Henan Shijia Photons Technology Co's Research & Development for the three months ended in Mar. 2026 was ¥28 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥130 Mil.

Henan Shijia Photons Technology Co  (SHSE:688313) 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.

Henan Shijia Photons Technology Co Research & Development Related Terms

Henan Shijia Photons Technology Co Research & Development Historical Data

* Premium members only.

The historical data trend for Henan Shijia Photons 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.

Henan Shijia Photons Technology Co Research & Development Chart

Henan Shijia Photons Technology Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only 80.01 80.35 96.03 103.43 132.73

Henan Shijia Photons 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 30.89 30.53 36.33 34.98 28.29
SHSE:688313
67GF Score
Henan Shijia Photons Technology Co Ltd SHSE:688313
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Henan Shijia Photons 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 ¥130 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 ¥130 Mil mean?
Henan Shijia Photons Technology Co (SHSE:688313) has a Research & Development of ¥130 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Henan Shijia Photons Technology Co and its competitors.
Is Henan Shijia Photons Technology Co's Research & Development too high?
Henan Shijia Photons Technology Co's current Research & Development is ¥130 Mil. Overall, Henan Shijia Photons Technology Co has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Henan Shijia Photons Technology Co's Research & Development compare to AMAT and LRCX?
Henan Shijia Photons Technology Co's Research & Development of ¥130 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 Henan Shijia Photons Technology Co and its competitors. Henan Shijia Photons Technology Co's current Research & Development is ¥130 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Henan Shijia Photons Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Henan Shijia Photons Technology Co (SHSE:688313) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥44.17, compared to a current price of ¥170.80 — trading 286.7% above its estimated fair value. The current Research & Development is ¥130 Mil. Henan Shijia Photons Technology Co's overall GF Score™ is 67/100 with 9 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 Henan Shijia Photons Technology Co (SHSE:688313), the current Research & Development is ¥130 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 Henan Shijia Photons Technology Co (SHSE:688313) Overvalued in 2026?

Based on GuruFocus' analysis, Henan Shijia Photons Technology Co stock appears to be overvalued. The current stock price of ¥170.80 is trading 286.7% above its estimated GF Value™ of ¥44.17. GuruFocus considers Henan Shijia Photons Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:688313:

  • Research & Development: ¥130 Mil
  • GF Value™: ¥44.17 vs. price of ¥170.80 (286.7% above fair value)
  • GF Score™: 67/100 with 9 warning signs

No single metric tells the full story. See the SHSE:688313 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Henan Shijia Photons Technology Co Business Description

Address 201 Yanhe Road, Qibin District, Henan Province, Hebi, CHN, 458030
Henan Shijia Photons Technology Co Ltd is engaged in development, production, sales and related technical services of optical chips and devices, indoor optical cables and cable materials. The company's business covers optical chips and devices, indoor optical cables and cable materials. Its main products include PLC splitter chip series products, AWG chip series products, DFB laser chip series products, optical fiber connectors, indoor optical cables, cable materials.
67GF Score

Get the complete analysis for SHSE:688313

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

¥170.80
Price
¥44.17
GF Value