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Research & Development is the aggregate amount of research and development expenses during the year. Tianfangbiao Standardization Certification and Testing Co's Research & Development for the
three
months ended in Mar. 2026 was ¥3.9 Mil.
Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥18.6 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.
Tianfangbiao Standardization Certification and Testing Co Research & Development Chart
Tianfangbiao Standardization Certification and Testing Co Annual Data
Tianfangbiao Standardization Certification and Testing 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 ¥18.6 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 Research & Development of ¥18.6 Mil mean?
Tianfangbiao Standardization Certification and Testing Co (BJSE:920753) has a Research & Development of ¥18.6 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Tianfangbiao Standardization Certification and Testing Co and its competitors.
Is Tianfangbiao Standardization Certification and Testing Co's Research & Development too high?
Tianfangbiao Standardization Certification and Testing Co's current Research & Development is ¥18.6 Mil. Overall, Tianfangbiao Standardization Certification and Testing Co has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tianfangbiao Standardization Certification and Testing Co's Research & Development compare to CTAS and CPRT?
Tianfangbiao Standardization Certification and Testing Co's Research & Development of ¥18.6 Mil can be compared against companies in the Business Services 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 Business Services company?
A good Research & Development depends on the Business Services 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 Tianfangbiao Standardization Certification and Testing Co and its competitors. Tianfangbiao Standardization Certification and Testing Co's current Research & Development is ¥18.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tianfangbiao Standardization Certification and Testing Co stock overvalued right now?
Based on GuruFocus' analysis, Tianfangbiao Standardization Certification and Testing Co (BJSE:920753) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥29.50, compared to a current price of ¥15.47 — trading 47.6% below its estimated fair value. The current Research & Development is ¥18.6 Mil. Tianfangbiao Standardization Certification and Testing Co's overall GF Score™ is 75/100 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 Tianfangbiao Standardization Certification and Testing Co (BJSE:920753), the current Research & Development is ¥18.6 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 Tianfangbiao Standardization Certification and Testing Co (BJSE:920753) Overvalued in 2026?
Based on GuruFocus' analysis, Tianfangbiao Standardization Certification and Testing Co stock appears to be undervalued.
The current stock price of ¥15.47 is trading 47.6% below its estimated GF Value™ of ¥29.50.
GuruFocus considers Tianfangbiao Standardization Certification and Testing Co to be Significantly Undervalued.
Key valuation signals for BJSE:920753:
Research & Development: ¥18.6 Mil
GF Value™: ¥29.50 vs. price of ¥15.47 (47.6% below fair value)
No single metric tells the full story. See the BJSE:920753 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tianfangbiao Standardization Certification and Testing Co Ltd engages in testing and inspection services for consumer goods, medical devices, and industrial products. Its services comprise Product quality testing and certification services; technical consultation and technical services for textile testing and testing standards; development, consulting, service, transfer, and standard formulation of product quality testing technologies; development, sales, appraisal, and leasing of testing equipment; entrusted testing of product quality.
75GF Score
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