Hefei Chipmore Technology Co (SHSE:688352) Research & Development: ¥192 Mil (TTM As of Mar. 2026)


SHSE:688352 Hefei Chipmore Technology Co Ltd SHSE:688352
79 GF Score
Price ¥21.00
GF Value ¥15.22
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Hefei Chipmore Technology Co Research & Development?

Hefei Chipmore Technology Co SHSE:688352 +2.19% 79 Research & Development is ¥192 Mil as of Mar. 2026. GuruFocus rates SHSE:688352 with a GF Score™ of 79/100 and a GF Value™ of ¥15.22 (Significantly Overvalued). The stock has 10 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Hefei Chipmore Technology Co's Research & Development for the three months ended in Mar. 2026 was ¥40 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥192 Mil.

Hefei Chipmore Technology Co  (SHSE:688352) 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.

Hefei Chipmore Technology Co Research & Development Related Terms

Hefei Chipmore Technology Co Research & Development Historical Data

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The historical data trend for Hefei Chipmore 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.

Hefei Chipmore Technology Co Research & Development Chart

Hefei Chipmore Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial 88.21 99.91 106.29 154.69 195.79

Hefei Chipmore Technology Co Quarterly Data
Dec19 Dec20 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 43.38 48.94 50.22 53.26 39.87
SHSE:688352
79GF Score
Hefei Chipmore Technology Co Ltd SHSE:688352
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Hefei Chipmore 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 ¥192 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 ¥192 Mil mean?
Hefei Chipmore Technology Co (SHSE:688352) has a Research & Development of ¥192 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Hefei Chipmore Technology Co and its competitors.
Is Hefei Chipmore Technology Co's Research & Development too high?
Hefei Chipmore Technology Co's current Research & Development is ¥192 Mil. Overall, Hefei Chipmore Technology Co has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hefei Chipmore Technology Co's Research & Development compare to LRCX and AMAT?
Hefei Chipmore Technology Co's Research & Development of ¥192 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 Hefei Chipmore Technology Co and its competitors. Hefei Chipmore Technology Co's current Research & Development is ¥192 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hefei Chipmore Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Hefei Chipmore Technology Co (SHSE:688352) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥15.22, compared to a current price of ¥21.00 — trading 38% above its estimated fair value. The current Research & Development is ¥192 Mil. Hefei Chipmore Technology Co's overall GF Score™ is 79/100 with 10 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 Hefei Chipmore Technology Co (SHSE:688352), the current Research & Development is ¥192 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 Hefei Chipmore Technology Co (SHSE:688352) Overvalued in 2026?

Based on GuruFocus' analysis, Hefei Chipmore Technology Co stock appears to be overvalued. The current stock price of ¥21.00 is trading 38% above its estimated GF Value™ of ¥15.22. GuruFocus considers Hefei Chipmore Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:688352:

  • Research & Development: ¥192 Mil
  • GF Value™: ¥15.22 vs. price of ¥21.00 (38% above fair value)
  • GF Score™: 79/100 with 10 warning signs

No single metric tells the full story. See the SHSE:688352 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hefei Chipmore Technology Co Business Description

Address Comprehensive Free Trade Zone, Xinzhan District, Anhui Province, Hefei, CHN, 230011
Hefei Chipmore Technology Co Ltd is a high-end advanced packaging and testing service provider for integrated circuits. It can provide customers with a full range of comprehensive integrated circuit packaging and testing services, covering display driver chips, power management chips, RF front-end chips and other products.
79GF Score

Get the complete analysis for SHSE:688352

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

¥21.00
Price
¥15.22
GF Value