Hangzhou Huaguang Advanced Welding Materials Co (SHSE:688379) Research & Development: ¥117 Mil (TTM As of Jun. 2026)

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SHSE:688379 Hangzhou Huaguang Advanced Welding Materials Co Ltd SHSE:688379
86 GF Score
Price ¥56.50
GF Value ¥44.65
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Hangzhou Huaguang Advanced Welding Materials Co Research & Development?

Hangzhou Huaguang Advanced Welding Materials Co SHSE:688379 -4.20% 86 Research & Development is ¥117 Mil as of Jun. 2026. GuruFocus rates SHSE:688379 with a GF Score™ of 86/100 and a GF Value™ of ¥44.65 (Modestly Overvalued). The stock has 8 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Hangzhou Huaguang Advanced Welding Materials Co's Research & Development for the three months ended in Jun. 2026 was ¥38 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2026 was ¥117 Mil.

Hangzhou Huaguang Advanced Welding Materials Co  (SHSE:688379) 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.

Hangzhou Huaguang Advanced Welding Materials Co Research & Development Related Terms

Hangzhou Huaguang Advanced Welding Materials Co Research & Development Historical Data

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The historical data trend for Hangzhou Huaguang Advanced Welding Materials 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.

Hangzhou Huaguang Advanced Welding Materials Co Research & Development Chart

Hangzhou Huaguang Advanced Welding Materials Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.69 44.61 53.01 74.27 85.30

Hangzhou Huaguang Advanced Welding Materials Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 17.56 24.82 27.88 25.69 38.14
SHSE:688379
86GF Score
Hangzhou Huaguang Advanced Welding Materials Co Ltd SHSE:688379
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Hangzhou Huaguang Advanced Welding Materials 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥117 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 ¥117 Mil mean?
Hangzhou Huaguang Advanced Welding Materials Co (SHSE:688379) has a Research & Development of ¥117 Mil as of Jun. 2026. Research and development expense is the total cost for research and development activities. View historical data on Hangzhou Huaguang Advanced Welding Materials Co and its competitors.
Is Hangzhou Huaguang Advanced Welding Materials Co's Research & Development too high?
Hangzhou Huaguang Advanced Welding Materials Co's current Research & Development is ¥117 Mil. Overall, Hangzhou Huaguang Advanced Welding Materials Co has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hangzhou Huaguang Advanced Welding Materials Co's Research & Development compare to ATI and CRS?
Hangzhou Huaguang Advanced Welding Materials Co's Research & Development of ¥117 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Research & Development depends on the Industrial Products 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 Hangzhou Huaguang Advanced Welding Materials Co and its competitors. Hangzhou Huaguang Advanced Welding Materials Co's current Research & Development is ¥117 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangzhou Huaguang Advanced Welding Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Hangzhou Huaguang Advanced Welding Materials Co (SHSE:688379) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥44.65, compared to a current price of ¥56.50 — trading 26.5% above its estimated fair value. The current Research & Development is ¥117 Mil. Hangzhou Huaguang Advanced Welding Materials Co's overall GF Score™ is 86/100 with 8 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 Hangzhou Huaguang Advanced Welding Materials Co (SHSE:688379), the current Research & Development is ¥117 Mil as of Jun. 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 Hangzhou Huaguang Advanced Welding Materials Co (SHSE:688379) Overvalued in 2026?

Based on GuruFocus' analysis, Hangzhou Huaguang Advanced Welding Materials Co stock appears to be overvalued. The current stock price of ¥56.50 is trading 26.5% above its estimated GF Value™ of ¥44.65. GuruFocus considers Hangzhou Huaguang Advanced Welding Materials Co to be Modestly Overvalued.

Key valuation signals for SHSE:688379:

  • Research & Development: ¥117 Mil
  • GF Value™: ¥44.65 vs. price of ¥56.50 (26.5% above fair value)
  • GF Score™: 86/100 with 8 warning signs

No single metric tells the full story. See the SHSE:688379 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hangzhou Huaguang Advanced Welding Materials Co Business Description

Address Building 3, No. 82, Qihang Road, Renhe Street, Yuhang District, Zhejiang Province, Hangzhou, CHN, 311107
Hangzhou Huaguang Advanced Welding Materials Co Ltd is engaged in production and sales of brazing materials. The company specialises in the research and fabrication of a broad range of welding materials as well as providing the customers with total welding solutions. It produces copper-based and silver-based welding materials in the forms of rods, rings, wires, strips, foils, powder, paste, flux-cored and flux-coated with over 2,800 specifications. The products are widely applied to the industry of refrigeration, household appliances, machinery, electric appliances, aeronautics, petrochemical, automobiles, tools, hard alloys, measurements, new energy equipment, bathroom facilities, railroad systems, among others.
86GF Score

Get the complete analysis for SHSE:688379

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

¥56.50
Price
¥44.65
GF Value