Suzhou Veichi Electric Co (SHSE:688698) Research & Development: ¥249 Mil (TTM As of Mar. 2026)

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SHSE:688698 Suzhou Veichi Electric Co Ltd SHSE:688698
94 GF Score
Price ¥45.43
GF Value ¥60.15
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Suzhou Veichi Electric Co Research & Development?

Suzhou Veichi Electric Co SHSE:688698 +2.32% 94 Research & Development is ¥249 Mil as of Mar. 2026. GuruFocus rates SHSE:688698 with a GF Score™ of 94/100 and a GF Value™ of ¥60.15 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Suzhou Veichi Electric Co's Research & Development for the three months ended in Mar. 2026 was ¥55 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥249 Mil.

Suzhou Veichi Electric Co  (SHSE:688698) 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.

Suzhou Veichi Electric Co Research & Development Related Terms

Suzhou Veichi Electric Co Research & Development Historical Data

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The historical data trend for Suzhou Veichi Electric 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.

Suzhou Veichi Electric Co Research & Development Chart

Suzhou Veichi Electric Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only 75.97 107.16 163.77 217.34 243.29

Suzhou Veichi Electric 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 49.21 51.15 50.59 92.33 55.30
SHSE:688698
94GF Score
Suzhou Veichi Electric Co Ltd SHSE:688698
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Suzhou Veichi Electric 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 ¥249 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 ¥249 Mil mean?
Suzhou Veichi Electric Co (SHSE:688698) has a Research & Development of ¥249 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Suzhou Veichi Electric Co and its competitors.
Is Suzhou Veichi Electric Co's Research & Development too high?
Suzhou Veichi Electric Co's current Research & Development is ¥249 Mil. Overall, Suzhou Veichi Electric Co has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Suzhou Veichi Electric Co's Research & Development compare to GEV and ETN?
Suzhou Veichi Electric Co's Research & Development of ¥249 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 Suzhou Veichi Electric Co and its competitors. Suzhou Veichi Electric Co's current Research & Development is ¥249 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suzhou Veichi Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Suzhou Veichi Electric Co (SHSE:688698) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥60.15, compared to a current price of ¥45.43 — trading 24.5% below its estimated fair value. The current Research & Development is ¥249 Mil. Suzhou Veichi Electric Co's overall GF Score™ is 94/100 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 Suzhou Veichi Electric Co (SHSE:688698), the current Research & Development is ¥249 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 Suzhou Veichi Electric Co (SHSE:688698) Overvalued in 2026?

Based on GuruFocus' analysis, Suzhou Veichi Electric Co stock appears to be undervalued. The current stock price of ¥45.43 is trading 24.5% below its estimated GF Value™ of ¥60.15. GuruFocus considers Suzhou Veichi Electric Co to be Modestly Undervalued.

Key valuation signals for SHSE:688698:

  • Research & Development: ¥249 Mil
  • GF Value™: ¥60.15 vs. price of ¥45.43 (24.5% below fair value)
  • GF Score™: 94/100 with 4 warning signs

No single metric tells the full story. See the SHSE:688698 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Suzhou Veichi Electric Co Business Description

Address No. 1000, Songjia Road, Guoxiang Street, Wuzhong Economic and Technological Development Zone, Jiangsu Province, Suzhou, CHN, 215000
Suzhou Veichi Electric Co Ltd is engaged in the development, manufacturing and marketing of industrial automation control products. The products include Frequency Inverter, Servo System, Solar Pump Inverter, Automation Equipment and more, mainly serving smart factories, intelligent equipment's, robots, new energy and other applications.
94GF Score

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

¥45.43
Price
¥60.15
GF Value