Altenergy Power System (SHSE:688348) Research & Development: ¥122 Mil (TTM As of Mar. 2026)

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SHSE:688348 Altenergy Power System Inc SHSE:688348
75 GF Score
Price ¥32.74
GF Value ¥54.79
Valuation Possible Value Trap
! 5 Warning Signs
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What is Altenergy Power System Research & Development?

Altenergy Power System SHSE:688348 -0.73% 75 Research & Development is ¥122 Mil as of Mar. 2026. GuruFocus rates SHSE:688348 with a GF Score™ of 75/100 and a GF Value™ of ¥54.79 (Possible Value Trap). The stock has 5 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Altenergy Power System's Research & Development for the three months ended in Mar. 2026 was ¥30 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥122 Mil.

Altenergy Power System  (SHSE:688348) 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.

Altenergy Power System Research & Development Related Terms

Altenergy Power System Research & Development Historical Data

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The historical data trend for Altenergy Power System'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.

Altenergy Power System Research & Development Chart

Altenergy Power System Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial 31.17 54.89 104.71 94.06 118.81

Altenergy Power System 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 26.80 31.86 31.27 28.88 29.89
SHSE:688348
75GF Score
Altenergy Power System Inc SHSE:688348
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Altenergy Power System 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 ¥122 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 ¥122 Mil mean?
Altenergy Power System (SHSE:688348) has a Research & Development of ¥122 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Altenergy Power System and its competitors.
Is Altenergy Power System's Research & Development too high?
Altenergy Power System's current Research & Development is ¥122 Mil. Overall, Altenergy Power System has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Altenergy Power System's Research & Development compare to CSCO and MSI?
Altenergy Power System's Research & Development of ¥122 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 Altenergy Power System and its competitors. Altenergy Power System's current Research & Development is ¥122 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altenergy Power System stock overvalued right now?
Based on GuruFocus' analysis, Altenergy Power System (SHSE:688348) is currently considered Possible Value Trap. The stock's GF Value™ is ¥54.79, compared to a current price of ¥32.74 — trading 40.2% below its estimated fair value. The current Research & Development is ¥122 Mil. Altenergy Power System's overall GF Score™ is 75/100 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 Altenergy Power System (SHSE:688348), the current Research & Development is ¥122 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 Altenergy Power System (SHSE:688348) Overvalued in 2026?

Based on GuruFocus' analysis, Altenergy Power System stock appears to be undervalued. The current stock price of ¥32.74 is trading 40.2% below its estimated GF Value™ of ¥54.79. GuruFocus considers Altenergy Power System to be Possible Value Trap.

Key valuation signals for SHSE:688348:

  • Research & Development: ¥122 Mil
  • GF Value™: ¥54.79 vs. price of ¥32.74 (40.2% below fair value)
  • GF Score™: 75/100 with 5 warning signs

No single metric tells the full story. See the SHSE:688348 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Altenergy Power System Business Description

Address No. 1, Yatai Road, 3rd Floor, Building 1, Jiaxing Science and Technology City, Nanhu District, Zhejiang Province, Jiaxing, CHN, 314006
Yuneng Technology Co Ltd is engaged in the research and development, production and sales of component-level power electronic equipment in distributed photovoltaic power generation systems.
75GF Score

Get the complete analysis for SHSE:688348

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

¥32.74
Price
¥54.79
GF Value