Luster LightTech Co (SHSE:688400) Total Operating Expense: ¥897 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.

SHSE:688400 Luster LightTech Co Ltd SHSE:688400
82 GF Score
Price ¥41.91
GF Value ¥36.09
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Luster LightTech Co Total Operating Expense?

Luster LightTech Co SHSE:688400 -4.16% 82 Total Operating Expense is ¥897 Mil as of Mar. 2026. GuruFocus rates SHSE:688400 with a GF Score™ of 82/100 and a GF Value™ of ¥36.09 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Luster LightTech Co's Total Operating Expense for the three months ended in Mar. 2026 was ¥202 Mil. Luster LightTech Co's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was ¥897 Mil.


Luster LightTech Co Total Operating Expense Related Terms


Luster LightTech Co Total Operating Expense Historical Data

* Premium members only.

The historical data trend for Luster LightTech Co's Total Operating Expense 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.

Luster LightTech Co Total Operating Expense Chart

Luster LightTech Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial 621.48 735.74 789.61 745.12 896.71

Luster LightTech Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense 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 201.64 205.88 221.63 267.56 202.02
SHSE:688400
82GF Score
Luster LightTech Co Ltd SHSE:688400
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Luster LightTech Co Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense 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 ¥897 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.

What does a Total Operating Expense of ¥897 Mil mean?
Luster LightTech Co (SHSE:688400) has a Total Operating Expense of ¥897 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Luster LightTech Co and its competitors.
Is Luster LightTech Co's Total Operating Expense too high?
Luster LightTech Co's current Total Operating Expense is ¥897 Mil. Overall, Luster LightTech Co has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Luster LightTech Co's Total Operating Expense compare to GEV and ETN?
Luster LightTech Co's Total Operating Expense of ¥897 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 Total Operating Expense for an Industrial Products company?
A good Total Operating Expense depends on the Industrial Products industry context. However, Total Operating Expense 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Luster LightTech Co and its competitors. Luster LightTech Co's current Total Operating Expense is ¥897 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Luster LightTech Co stock overvalued right now?
Based on GuruFocus' analysis, Luster LightTech Co (SHSE:688400) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥36.09, compared to a current price of ¥41.91 — trading 16.1% above its estimated fair value. The current Total Operating Expense is ¥897 Mil. Luster LightTech Co's overall GF Score™ is 82/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Luster LightTech Co (SHSE:688400), the current Total Operating Expense is ¥897 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 Luster LightTech Co (SHSE:688400) Overvalued in 2026?

Based on GuruFocus' analysis, Luster LightTech Co stock appears to be overvalued. The current stock price of ¥41.91 is trading 16.1% above its estimated GF Value™ of ¥36.09. GuruFocus considers Luster LightTech Co to be Modestly Overvalued.

Key valuation signals for SHSE:688400:

  • Total Operating Expense: ¥897 Mil
  • GF Value™: ¥36.09 vs. price of ¥41.91 (16.1% above fair value)
  • GF Score™: 82/100 with 6 warning signs

No single metric tells the full story. See the SHSE:688400 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Luster LightTech Co Business Description

Address Cuihu South Ring Road, Room 701, 7th Floor, Building 7, Yard 13, Haidian District, Beijing, CHN, 100094
Luster LightTech Co Ltd is based on optical technology innovation, and develops business around machine vision and fiber optics. The company has four product lines: intelligent equipment and smart factories, serving multiple fields such as consumer electronics, new energy, printing and packaging, and new display.
82GF Score

Get the complete analysis for SHSE:688400

Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥41.91
Price
¥36.09
GF Value