Leaguer (Shenzhen) Microelectronics (SHSE:688589) Research & Development: ¥72.3 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:688589 Leaguer (Shenzhen) Microelectronics Corp SHSE:688589
85 GF Score
Price ¥16.40
GF Value ¥14.51
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Leaguer (Shenzhen) Microelectronics Research & Development?

Leaguer (Shenzhen) Microelectronics SHSE:688589 -2.61% 85 Research & Development is ¥72.3 Mil as of Mar. 2026. GuruFocus rates SHSE:688589 with a GF Score™ of 85/100 and a GF Value™ of ¥14.51 (Modestly Overvalued). The stock has 7 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Leaguer (Shenzhen) Microelectronics's Research & Development for the three months ended in Mar. 2026 was ¥14.9 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥72.3 Mil.


Leaguer (Shenzhen) Microelectronics  (SHSE:688589) 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.


Leaguer (Shenzhen) Microelectronics Research & Development Related Terms


Leaguer (Shenzhen) Microelectronics Research & Development Historical Data

* Premium members only.

The historical data trend for Leaguer (Shenzhen) Microelectronics'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.

Leaguer (Shenzhen) Microelectronics Research & Development Chart

Leaguer (Shenzhen) Microelectronics 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 56.35 73.30 65.58 71.59 72.12

Leaguer (Shenzhen) Microelectronics 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 14.77 21.09 17.32 18.96 14.89
SHSE:688589
85GF Score
Leaguer (Shenzhen) Microelectronics Corp SHSE:688589
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Leaguer (Shenzhen) Microelectronics 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 ¥72.3 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 ¥72.3 Mil mean?
Leaguer (Shenzhen) Microelectronics (SHSE:688589) has a Research & Development of ¥72.3 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Leaguer (Shenzhen) Microelectronics and its competitors.
Is Leaguer (Shenzhen) Microelectronics' Research & Development too high?
Leaguer (Shenzhen) Microelectronics' current Research & Development is ¥72.3 Mil. Overall, Leaguer (Shenzhen) Microelectronics has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Leaguer (Shenzhen) Microelectronics' Research & Development compare to NVDA and AVGO?
Leaguer (Shenzhen) Microelectronics' Research & Development of ¥72.3 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 Leaguer (Shenzhen) Microelectronics and its competitors. Leaguer (Shenzhen) Microelectronics's current Research & Development is ¥72.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leaguer (Shenzhen) Microelectronics stock overvalued right now?
Based on GuruFocus' analysis, Leaguer (Shenzhen) Microelectronics (SHSE:688589) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥14.51, compared to a current price of ¥16.40 — trading 13% above its estimated fair value. The current Research & Development is ¥72.3 Mil. Leaguer (Shenzhen) Microelectronics' overall GF Score™ is 85/100 with 7 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 Leaguer (Shenzhen) Microelectronics (SHSE:688589), the current Research & Development is ¥72.3 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 Leaguer (Shenzhen) Microelectronics (SHSE:688589) Overvalued in 2026?

Based on GuruFocus' analysis, Leaguer (Shenzhen) Microelectronics stock appears to be overvalued. The current stock price of ¥16.40 is trading 13% above its estimated GF Value™ of ¥14.51. GuruFocus considers Leaguer (Shenzhen) Microelectronics to be Modestly Overvalued.

Key valuation signals for SHSE:688589:

  • Research & Development: ¥72.3 Mil
  • GF Value™: ¥14.51 vs. price of ¥16.40 (13% above fair value)
  • GF Score™: 85/100 with 7 warning signs

No single metric tells the full story. See the SHSE:688589 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Leaguer (Shenzhen) Microelectronics Business Description

Address Xili Street, 1101, 11th Floor, Research Building, High-tech Industrial Park, Tsinghua Information Port, Nanshan District, Guangdong Province, Shenzhen, CHN, 518057
Leaguer (Shenzhen) Microelectronics Corp is engaged in independent research and development of the core basic technology and underlying algorithms of the Internet of Things communication and integrate the research and development results into the independently designed Internet of Things communication chip. It is an IC company focusing on power line communication (PLC) ASIC products and module solutions for smart things connectivity. Its products include ASIC Chips & Solutions for Smart Things Connectivity and Narrow-band & High-speed PLC Technology and IC.
85GF Score

Get the complete analysis for SHSE:688589

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

¥16.40
Price
¥14.51
GF Value