United Nova Technology Co (SHSE:688469) Research & Development: ¥1,738 Mil (TTM As of Mar. 2026)


SHSE:688469 United Nova Technology Co Ltd SHSE:688469
65 GF Score
Price ¥10.39
GF Value ¥5.72
Valuation Significantly Overvalued
! 4 Warning Signs
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What is United Nova Technology Co Research & Development?

United Nova Technology Co SHSE:688469 -2.07% 65 Research & Development is ¥1,738 Mil as of Mar. 2026. GuruFocus rates SHSE:688469 with a GF Score™ of 65/100 and a GF Value™ of ¥5.72 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. United Nova Technology Co's Research & Development for the three months ended in Mar. 2026 was ¥358 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥1,738 Mil.

United Nova Technology Co  (SHSE:688469) 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.

United Nova Technology Co Research & Development Related Terms

United Nova Technology Co Research & Development Historical Data

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The historical data trend for United Nova 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.

United Nova Technology Co Research & Development Chart

United Nova Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial 621.11 839.05 1,529.18 1,841.95 1,838.21

United Nova Technology Co Quarterly Data
Dec20 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 458.26 505.98 524.78 349.19 358.14
SHSE:688469
65GF Score
United Nova Technology Co Ltd SHSE:688469
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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United Nova 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 ¥1,738 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 ¥1,738 Mil mean?
United Nova Technology Co (SHSE:688469) has a Research & Development of ¥1,738 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on United Nova Technology Co and its competitors.
Is United Nova Technology Co's Research & Development too high?
United Nova Technology Co's current Research & Development is ¥1,738 Mil. Overall, United Nova Technology Co has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does United Nova Technology Co's Research & Development compare to NVDA and AVGO?
United Nova Technology Co's Research & Development of ¥1,738 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 United Nova Technology Co and its competitors. United Nova Technology Co's current Research & Development is ¥1,738 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Nova Technology Co stock overvalued right now?
Based on GuruFocus' analysis, United Nova Technology Co (SHSE:688469) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥5.72, compared to a current price of ¥10.39 — trading 81.6% above its estimated fair value. The current Research & Development is ¥1,738 Mil. United Nova Technology Co's overall GF Score™ is 65/100 with 4 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 United Nova Technology Co (SHSE:688469), the current Research & Development is ¥1,738 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 United Nova Technology Co (SHSE:688469) Overvalued in 2026?

Based on GuruFocus' analysis, United Nova Technology Co stock appears to be overvalued. The current stock price of ¥10.39 is trading 81.6% above its estimated GF Value™ of ¥5.72. GuruFocus considers United Nova Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:688469:

  • Research & Development: ¥1,738 Mil
  • GF Value™: ¥5.72 vs. price of ¥10.39 (81.6% above fair value)
  • GF Score™: 65/100 with 4 warning signs

No single metric tells the full story. See the SHSE:688469 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

United Nova Technology Co Business Description

Address No. 518 Linjiang Road, Gaobu Street, Yuecheng District, Zhejiang Province, Shaoxing, CHN, 312000
United Nova Technology Co Ltd provides foundry service focusing on technology solutions for power, connection, and sensor signal chains. On top of wafer foundry service, It also extended its foundry service to module packages in order to support semiconductor companies with one stop solution. It provides a complete manufacturing platform to support customer mass production as well as technology development.
65GF Score

Get the complete analysis for SHSE:688469

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

¥10.39
Price
¥5.72
GF Value