Shenzhen Tongye Technology Co (SZSE:300960) Research & Development: ¥56.0 Mil (TTM As of Jun. 2026)

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SZSE:300960 Shenzhen Tongye Technology Co Ltd SZSE:300960
67 GF Score
Price ¥16.53
GF Value ¥22.60
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Shenzhen Tongye Technology Co Research & Development?

Shenzhen Tongye Technology Co SZSE:300960 -1.72% 67 Research & Development is ¥56.0 Mil as of Jun. 2026. GuruFocus rates SZSE:300960 with a GF Score™ of 67/100 and a GF Value™ of ¥22.60 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Shenzhen Tongye Technology Co's Research & Development for the three months ended in Jun. 2026 was ¥12.8 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2026 was ¥56.0 Mil.

Shenzhen Tongye Technology Co  (SZSE:300960) 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 Tongye Technology Co Research & Development Related Terms

Shenzhen Tongye Technology Co Research & Development Historical Data

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The historical data trend for Shenzhen Tongye 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.

Shenzhen Tongye Technology Co Research & Development Chart

Shenzhen Tongye Technology 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 44.02 47.92 45.50 51.04 54.35

Shenzhen Tongye Technology 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 12.82 13.70 16.23 13.28 12.75
SZSE:300960
67GF Score
Shenzhen Tongye Technology Co Ltd SZSE:300960
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Shenzhen Tongye 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥56.0 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 ¥56.0 Mil mean?
Shenzhen Tongye Technology Co (SZSE:300960) has a Research & Development of ¥56.0 Mil as of Jun. 2026. Research and development expense is the total cost for research and development activities. View historical data on Shenzhen Tongye Technology Co and its competitors.
Is Shenzhen Tongye Technology Co's Research & Development too high?
Shenzhen Tongye Technology Co's current Research & Development is ¥56.0 Mil. Overall, Shenzhen Tongye Technology Co has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Tongye Technology Co's Research & Development compare to GEV and ETN?
Shenzhen Tongye Technology Co's Research & Development of ¥56.0 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 Shenzhen Tongye Technology Co and its competitors. Shenzhen Tongye Technology Co's current Research & Development is ¥56.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Tongye Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Tongye Technology Co (SZSE:300960) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥22.60, compared to a current price of ¥16.53 — trading 26.9% below its estimated fair value. The current Research & Development is ¥56.0 Mil. Shenzhen Tongye Technology Co's overall GF Score™ is 67/100 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 Shenzhen Tongye Technology Co (SZSE:300960), the current Research & Development is ¥56.0 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 Shenzhen Tongye Technology Co (SZSE:300960) Overvalued in 2026?

Based on GuruFocus' analysis, Shenzhen Tongye Technology Co stock appears to be undervalued. The current stock price of ¥16.53 is trading 26.9% below its estimated GF Value™ of ¥22.60. GuruFocus considers Shenzhen Tongye Technology Co to be Modestly Undervalued.

Key valuation signals for SZSE:300960:

  • Research & Development: ¥56.0 Mil
  • GF Value™: ¥22.60 vs. price of ¥16.53 (26.9% below fair value)
  • GF Score™: 67/100 with 7 warning signs

No single metric tells the full story. See the SZSE:300960 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shenzhen Tongye Technology Co Business Description

Address No. 1231 Guanguang Road, Guanlan Street, Room 101, Building 3, Mattel Industrial Park, Guihua Community, Longhua District, Guangdong Province, Shenzhen, CHN, 518000
Shenzhen Tongye Technology Co Ltd is engaged in the development and production of rail transit train power supply products, network control products, energy management systems, motors and fans. The products are widely used in high-speed rail, urban rail vehicles, locomotives, and new energy products at home and abroad.
67GF Score

Get the complete analysis for SZSE:300960

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

¥16.53
Price
¥22.60
GF Value