Qingdao Hanhe Cable Co (SZSE:002498) Research & Development: ¥586 Mil (TTM As of Jun. 2026)

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SZSE:002498 Qingdao Hanhe Cable Co Ltd SZSE:002498
62 GF Score
Price ¥7.00
GF Value ¥4.59
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Qingdao Hanhe Cable Co Research & Development?

Qingdao Hanhe Cable Co SZSE:002498 +2.34% 62 Research & Development is ¥586 Mil as of Jun. 2026. GuruFocus rates SZSE:002498 with a GF Score™ of 62/100 and a GF Value™ of ¥4.59 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Qingdao Hanhe Cable Co's Research & Development for the three months ended in Jun. 2026 was ¥174 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2026 was ¥586 Mil.

Qingdao Hanhe Cable Co  (SZSE:002498) 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.

Qingdao Hanhe Cable Co Research & Development Related Terms

Qingdao Hanhe Cable Co Research & Development Historical Data

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The historical data trend for Qingdao Hanhe Cable 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.

Qingdao Hanhe Cable Co Research & Development Chart

Qingdao Hanhe Cable 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 486.19 597.17 613.64 509.98 527.07

Qingdao Hanhe Cable Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 151.89 139.99 159.23 112.69 173.80
SZSE:002498
62GF Score
Qingdao Hanhe Cable Co Ltd SZSE:002498
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Qingdao Hanhe Cable 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥586 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 ¥586 Mil mean?
Qingdao Hanhe Cable Co (SZSE:002498) has a Research & Development of ¥586 Mil as of Jun. 2026. Research and development expense is the total cost for research and development activities. View historical data on Qingdao Hanhe Cable Co and its competitors.
Is Qingdao Hanhe Cable Co's Research & Development too high?
Qingdao Hanhe Cable Co's current Research & Development is ¥586 Mil. Overall, Qingdao Hanhe Cable Co has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Qingdao Hanhe Cable Co's Research & Development compare to VRT and BE?
Qingdao Hanhe Cable Co's Research & Development of ¥586 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 Qingdao Hanhe Cable Co and its competitors. Qingdao Hanhe Cable Co's current Research & Development is ¥586 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qingdao Hanhe Cable Co stock overvalued right now?
Based on GuruFocus' analysis, Qingdao Hanhe Cable Co (SZSE:002498) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥4.59, compared to a current price of ¥7.00 — trading 52.5% above its estimated fair value. The current Research & Development is ¥586 Mil. Qingdao Hanhe Cable Co's overall GF Score™ is 62/100 with 5 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 Qingdao Hanhe Cable Co (SZSE:002498), the current Research & Development is ¥586 Mil as of Jun. 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 Qingdao Hanhe Cable Co (SZSE:002498) Overvalued in 2026?

Based on GuruFocus' analysis, Qingdao Hanhe Cable Co stock appears to be overvalued. The current stock price of ¥7.00 is trading 52.5% above its estimated GF Value™ of ¥4.59. GuruFocus considers Qingdao Hanhe Cable Co to be Significantly Overvalued.

Key valuation signals for SZSE:002498:

  • Research & Development: ¥586 Mil
  • GF Value™: ¥4.59 vs. price of ¥7.00 (52.5% above fair value)
  • GF Score™: 62/100 with 5 warning signs

No single metric tells the full story. See the SZSE:002498 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Qingdao Hanhe Cable Co Business Description

Address No. 628, Jiushui East Road, Laoshan District, Shandong Province, Qingdao city, CHN
Qingdao Hanhe Cable Co Ltd is engaged in the research, development, and manufacture of wires and cables in China. The company offers power cables, cable accessories, submarine cables, optical power composite cables, electrical equipment wires and cables, overhead conductors, communication cables, radio-frequency cables, bus bar and prefabricated branch cables, nuclear plant cables, fire-resistant cables, and DC series cables.
62GF Score

Get the complete analysis for SZSE:002498

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

¥7.00
Price
¥4.59
GF Value