Laplace Renewable Energy Technology Co (SHSE:688726) Research & Development: ¥394 Mil (TTM As of Mar. 2026)


SHSE:688726 Laplace Renewable Energy Technology Co Ltd SHSE:688726
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What is Laplace Renewable Energy Technology Co Research & Development?

Laplace Renewable Energy Technology Co SHSE:688726 -2.78% 13 Research & Development is ¥394 Mil as of Mar. 2026. GuruFocus rates SHSE:688726 with a GF Score™ of 13/100. The stock has 3 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Laplace Renewable Energy Technology Co's Research & Development for the three months ended in Mar. 2026 was ¥84 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥394 Mil.

Laplace Renewable Energy Technology Co  (SHSE:688726) 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.

Laplace Renewable Energy Technology Co Research & Development Related Terms

Laplace Renewable Energy Technology Co Research & Development Historical Data

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The historical data trend for Laplace Renewable Energy 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.

Laplace Renewable Energy Technology Co Research & Development Chart

Laplace Renewable Energy Technology Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial 39.07 110.14 231.92 295.70 385.39

Laplace Renewable Energy Technology Co Quarterly Data
Dec20 Dec21 Dec22 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 75.11 86.33 118.81 105.15 83.59
SHSE:688726
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Laplace Renewable Energy Technology Co Ltd SHSE:688726
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Laplace Renewable Energy 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 ¥394 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 ¥394 Mil mean?
Laplace Renewable Energy Technology Co (SHSE:688726) has a Research & Development of ¥394 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Laplace Renewable Energy Technology Co and its competitors.
Is Laplace Renewable Energy Technology Co's Research & Development too high?
Laplace Renewable Energy Technology Co's current Research & Development is ¥394 Mil. Overall, Laplace Renewable Energy Technology Co has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Laplace Renewable Energy Technology Co's Research & Development compare to GEV and ETN?
Laplace Renewable Energy Technology Co's Research & Development of ¥394 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 Laplace Renewable Energy Technology Co and its competitors. Laplace Renewable Energy Technology Co's current Research & Development is ¥394 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Laplace Renewable Energy Technology Co stock overvalued right now?
Laplace Renewable Energy Technology Co (SHSE:688726) has a current Research & Development of ¥394 Mil. The current Research & Development is ¥394 Mil. Laplace Renewable Energy Technology Co's overall GF Score™ is 13/100 with 3 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 Laplace Renewable Energy Technology Co (SHSE:688726), the current Research & Development is ¥394 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.

Laplace Renewable Energy Technology Co Business Description

Address No. 1, Jikang Road, Kengzi Street, Pingshan District, Guangdong, Shenzhen, CHN, 518122
Laplace Renewable Energy Technology Co Ltd is engaged in research & develoment, production and sales of high-performance thermal processes, coatings and supporting automation equipment required for photovoltaic cell manufacturing.
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Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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