Tonghuijiashi (Beijing) Information Technology Co (BJSE:920090) Research & Development: ¥5.61 Mil (TTM As of Jun. 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.

BJSE:920090 Tonghuijiashi (Beijing) Information Technology Co Ltd BJSE:920090
29 GF Score
Price ¥3.56
GF Value ¥0.74
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Tonghuijiashi (Beijing) Information Technology Co Research & Development?

Tonghuijiashi (Beijing) Information Technology Co BJSE:920090 29 Research & Development is ¥5.61 Mil as of Jun. 2026. GuruFocus rates BJSE:920090 with a GF Score™ of 29/100 and a GF Value™ of ¥0.74 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Tonghuijiashi (Beijing) Information Technology Co's Research & Development for the three months ended in Jun. 2026 was ¥1.12 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2026 was ¥5.61 Mil.


Tonghuijiashi (Beijing) Information Technology Co  (BJSE:920090) 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.


Tonghuijiashi (Beijing) Information Technology Co Research & Development Related Terms


Tonghuijiashi (Beijing) Information Technology Co Research & Development Historical Data

* Premium members only.

The historical data trend for Tonghuijiashi (Beijing) Information 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.

Tonghuijiashi (Beijing) Information Technology Co Research & Development Chart

Tonghuijiashi (Beijing) Information 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 19.25 15.26 10.70 5.49 7.11

Tonghuijiashi (Beijing) Information 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 1.92 7.55 -4.19 1.13 1.12
BJSE:920090
29GF Score
Tonghuijiashi (Beijing) Information Technology Co Ltd BJSE:920090
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tonghuijiashi (Beijing) Information 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 ¥5.61 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 ¥5.61 Mil mean?
Tonghuijiashi (Beijing) Information Technology Co (BJSE:920090) has a Research & Development of ¥5.61 Mil as of Jun. 2026. Research and development expense is the total cost for research and development activities. View historical data on Tonghuijiashi (Beijing) Information Technology Co and its competitors.
Is Tonghuijiashi (Beijing) Information Technology Co's Research & Development too high?
Tonghuijiashi (Beijing) Information Technology Co's current Research & Development is ¥5.61 Mil. Overall, Tonghuijiashi (Beijing) Information Technology Co has a GF Score™ of 29/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tonghuijiashi (Beijing) Information Technology Co's Research & Development compare to DELL and ANET?
Tonghuijiashi (Beijing) Information Technology Co's Research & Development of ¥5.61 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 Tonghuijiashi (Beijing) Information Technology Co and its competitors. Tonghuijiashi (Beijing) Information Technology Co's current Research & Development is ¥5.61 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tonghuijiashi (Beijing) Information Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Tonghuijiashi (Beijing) Information Technology Co (BJSE:920090) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥0.74, compared to a current price of ¥3.56 — trading 381.1% above its estimated fair value. The current Research & Development is ¥5.61 Mil. Tonghuijiashi (Beijing) Information Technology Co's overall GF Score™ is 29/100 with 4 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 Tonghuijiashi (Beijing) Information Technology Co (BJSE:920090), the current Research & Development is ¥5.61 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 Tonghuijiashi (Beijing) Information Technology Co (BJSE:920090) Overvalued in 2026?

Based on GuruFocus' analysis, Tonghuijiashi (Beijing) Information Technology Co stock appears to be overvalued. The current stock price of ¥3.56 is trading 381.1% above its estimated GF Value™ of ¥0.74. GuruFocus considers Tonghuijiashi (Beijing) Information Technology Co to be Significantly Overvalued.

Key valuation signals for BJSE:920090:

  • Research & Development: ¥5.61 Mil
  • GF Value™: ¥0.74 vs. price of ¥3.56 (381.1% above fair value)
  • GF Score™: 29/100 with 4 warning signs

No single metric tells the full story. See the BJSE:920090 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tonghuijiashi (Beijing) Information Technology Co Business Description

Address No. 57 Yard, Qinghe Maofang Road, Room 101 and 2nd Floor, North Building, Haidian District, Beijing, CHN, 100085
Tonghuijiashi (Beijing) Information Technology Co Ltd operates as a one-stop integrated display application service provider. It offers commercial display solutions, provides customers with supporting equipment, completes related development, and applications, and sells commercial displays. Its core business comprises hardware, software, contents, integration, solution design, and after-sales services.
29GF Score

Get the complete analysis for BJSE:920090

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

¥3.56
Price
¥0.74
GF Value