Arctech Solar Holding Co (SHSE:688408) Research & Development: ¥150 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:688408 Arctech Solar Holding Co Ltd SHSE:688408
75 GF Score
Price ¥24.44
GF Value ¥49.46
Valuation Possible Value Trap
! 9 Warning Signs
View Full Analysis

What is Arctech Solar Holding Co Research & Development?

Arctech Solar Holding Co SHSE:688408 -1.05% 75 Research & Development is ¥150 Mil as of Mar. 2026. GuruFocus rates SHSE:688408 with a GF Score™ of 75/100 and a GF Value™ of ¥49.46 (Possible Value Trap). The stock has 9 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Arctech Solar Holding Co's Research & Development for the three months ended in Mar. 2026 was ¥37 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥150 Mil.


Arctech Solar Holding Co  (SHSE:688408) 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.


Arctech Solar Holding Co Research & Development Related Terms


Arctech Solar Holding Co Research & Development Historical Data

* Premium members only.

The historical data trend for Arctech Solar Holding 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.

Arctech Solar Holding Co Research & Development Chart

Arctech Solar Holding 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 120.24 127.39 170.29 203.12 160.95

Arctech Solar Holding 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 47.79 53.68 56.99 2.48 36.73
SHSE:688408
75GF Score
Arctech Solar Holding Co Ltd SHSE:688408
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Arctech Solar Holding 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 ¥150 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 ¥150 Mil mean?
Arctech Solar Holding Co (SHSE:688408) has a Research & Development of ¥150 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Arctech Solar Holding Co and its competitors.
Is Arctech Solar Holding Co's Research & Development too high?
Arctech Solar Holding Co's current Research & Development is ¥150 Mil. Overall, Arctech Solar Holding Co 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 Arctech Solar Holding Co's Research & Development compare to FSLR and NXT?
Arctech Solar Holding Co's Research & Development of ¥150 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 Arctech Solar Holding Co and its competitors. Arctech Solar Holding Co's current Research & Development is ¥150 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arctech Solar Holding Co stock overvalued right now?
Based on GuruFocus' analysis, Arctech Solar Holding Co (SHSE:688408) is currently considered Possible Value Trap. The stock's GF Value™ is ¥49.46, compared to a current price of ¥24.44 — trading 50.6% below its estimated fair value. The current Research & Development is ¥150 Mil. Arctech Solar Holding Co's overall GF Score™ is 75/100 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 Arctech Solar Holding Co (SHSE:688408), the current Research & Development is ¥150 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 Arctech Solar Holding Co (SHSE:688408) Overvalued in 2026?

Based on GuruFocus' analysis, Arctech Solar Holding Co stock appears to be undervalued. The current stock price of ¥24.44 is trading 50.6% below its estimated GF Value™ of ¥49.46. GuruFocus considers Arctech Solar Holding Co to be Possible Value Trap.

Key valuation signals for SHSE:688408:

  • Research & Development: ¥150 Mil
  • GF Value™: ¥49.46 vs. price of ¥24.44 (50.6% below fair value)
  • GF Score™: 75/100 with 9 warning signs

No single metric tells the full story. See the SHSE:688408 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Arctech Solar Holding Co Business Description

Address 2388 Huangpujiang Middle Road, Lujia Town, Jiangsu Province, Kunshan, CHN, 215331
Arctech Solar Holding Co Ltd is engaged in design, production and sales of photovoltaic brackets. The company manufacturers and provides solutions for solar tracking and racking systems for utilities, commercial, industrial and residential projects. Its products under Tracker include Skyline Tracking System; SkySmart Tracking System; Arctracker Pro with tilted modules; Tilt single axis tracker; and products under Mounting structure include Seasonal Tilt; Dual Pole Solutions; and Single Pole Solutions.
75GF Score

Get the complete analysis for SHSE:688408

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

¥24.44
Price
¥49.46
GF Value