Shenzhen H&T Intelligent Control Co (SZSE:002402) Research & Development: ¥652 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.

SZSE:002402 Shenzhen H&T Intelligent Control Co Ltd SZSE:002402
93 GF Score
Price ¥21.14
GF Value ¥24.97
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Shenzhen H&T Intelligent Control Co Research & Development?

Shenzhen H&T Intelligent Control Co SZSE:002402 +0.09% 93 Research & Development is ¥652 Mil as of Mar. 2026. GuruFocus rates SZSE:002402 with a GF Score™ of 93/100 and a GF Value™ of ¥24.97 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Shenzhen H&T Intelligent Control Co's Research & Development for the three months ended in Mar. 2026 was ¥145 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥652 Mil.

Shenzhen H&T Intelligent Control Co  (SZSE:002402) 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.

Shenzhen H&T Intelligent Control Co Research & Development Related Terms

Shenzhen H&T Intelligent Control Co Research & Development Historical Data

* Premium members only.

The historical data trend for Shenzhen H&T Intelligent Control 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.

Shenzhen H&T Intelligent Control Co Research & Development Chart

Shenzhen H&T Intelligent Control 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 286.12 321.50 505.34 576.18 659.47

Shenzhen H&T Intelligent Control 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 151.90 156.98 164.55 186.04 144.83
SZSE:002402
93GF Score
Shenzhen H&T Intelligent Control Co Ltd SZSE:002402
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shenzhen H&T Intelligent Control 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 ¥652 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 ¥652 Mil mean?
Shenzhen H&T Intelligent Control Co (SZSE:002402) has a Research & Development of ¥652 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Shenzhen H&T Intelligent Control Co and its competitors.
Is Shenzhen H&T Intelligent Control Co's Research & Development too high?
Shenzhen H&T Intelligent Control Co's current Research & Development is ¥652 Mil. Overall, Shenzhen H&T Intelligent Control Co has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen H&T Intelligent Control Co's Research & Development compare to SNX and ARW?
Shenzhen H&T Intelligent Control Co's Research & Development of ¥652 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Research & Development depends on the Hardware 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 Shenzhen H&T Intelligent Control Co and its competitors. Shenzhen H&T Intelligent Control Co's current Research & Development is ¥652 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen H&T Intelligent Control Co stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen H&T Intelligent Control Co (SZSE:002402) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥24.97, compared to a current price of ¥21.14 — trading 15.3% below its estimated fair value. The current Research & Development is ¥652 Mil. Shenzhen H&T Intelligent Control Co's overall GF Score™ is 93/100 with 6 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 Shenzhen H&T Intelligent Control Co (SZSE:002402), the current Research & Development is ¥652 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 Shenzhen H&T Intelligent Control Co (SZSE:002402) Overvalued in 2026?

Based on GuruFocus' analysis, Shenzhen H&T Intelligent Control Co stock appears to be undervalued. The current stock price of ¥21.14 is trading 15.3% below its estimated GF Value™ of ¥24.97. GuruFocus considers Shenzhen H&T Intelligent Control Co to be Modestly Undervalued.

Key valuation signals for SZSE:002402:

  • Research & Development: ¥652 Mil
  • GF Value™: ¥24.97 vs. price of ¥21.14 (15.3% below fair value)
  • GF Score™: 93/100 with 6 warning signs

No single metric tells the full story. See the SZSE:002402 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shenzhen H&T Intelligent Control Co Business Description

Address Shenzhen Science and Technology 10 South Road, Tech Park, Aerospace Technology Inst Building No.6, Shenzhen, CHN, 518057
Shenzhen H&T Intelligent Control Co Ltd is a China-based company. It is principally engaged in the research and development, production and distribution of intelligent controllers. It offers healthcare products, such as health pots, drinking cups, foot spa tubs, and desktop air purifiers; bedroom products comprising anti-snore pillows, LED bulbs, aroma diffusers, air humidifiers, and sleep recorders; and beauty products consisting of handheld facial sprayers, ultrasonic facial massagers and scrubber cleaners, skin rejuvenation.
93GF Score

Get the complete analysis for SZSE:002402

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

¥21.14
Price
¥24.97
GF Value