Laopu Gold Co (FRA:W290) Research & Development: €3 Mil (TTM As of Dec. 2025)

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.

FRA:W290 Laopu Gold Co Ltd FRA:W290
30 GF Score
Price €3.62
! 3 Warning Signs
View Full Analysis

What is Laopu Gold Co Research & Development?

Laopu Gold Co FRA:W290 -0.55% 30 Research & Development is €3 Mil as of Dec. 2025. GuruFocus rates FRA:W290 with a GF Score™ of 30/100. The stock has 3 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Laopu Gold Co's Research & Development for the six months ended in Dec. 2025 was €0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was €3 Mil.

Laopu Gold Co  (FRA:W290) 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.

Laopu Gold Co Research & Development Related Terms

Laopu Gold Co Research & Development Historical Data

* Premium members only.

The historical data trend for Laopu Gold 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.

Laopu Gold Co Research & Development Chart

Laopu Gold Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
1.17 1.15 1.38 2.51 3.02

Laopu Gold Co Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Research & Development Get a 7-Day Free Trial 0.78 0.84 1.65 2.96 0.05
FRA:W290
30GF Score
Laopu Gold Co Ltd FRA:W290
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Laopu Gold 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was €3 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 €3 Mil mean?
Laopu Gold Co (FRA:W290) has a Research & Development of €3 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Laopu Gold Co and its competitors.
Is Laopu Gold Co's Research & Development too high?
Laopu Gold Co's current Research & Development is €3 Mil. Overall, Laopu Gold Co has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Laopu Gold Co's Research & Development compare to TPR?
Laopu Gold Co's Research & Development of €3 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Research & Development depends on the Retail - Cyclical 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 Laopu Gold Co and its competitors. Laopu Gold Co's current Research & Development is €3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Laopu Gold Co stock overvalued right now?
Laopu Gold Co (FRA:W290) has a current Research & Development of €3 Mil. The current Research & Development is €3 Mil. Laopu Gold Co's overall GF Score™ is 30/100 with 3 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 Laopu Gold Co (FRA:W290), the current Research & Development is €3 Mil as of Dec. 2025. 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.

Laopu Gold Co Business Description

Address No. 1 Dong Chang’an Avenue, No. 3 West Building, Rooms 3-6, 6th floor, The Towers at Oriental Plaza, Dongcheng District, Beijing, CHN
Founded in 2016, Laopu Gold is a leading designer, manufacturer, and retailer of heritage gold jewelry in China. Its key products feature Chinese culture-inspired designs and craftsmanship, with high-net-worth individuals in major affluent cities as its primary customers. While Laopu derives most of its revenue from offline retail stores located in reputable retail malls across China, the firm has also expanded sales through online e-commerce platforms. Xu Gaoming and his son, Xu Dongbo, jointly control the firm, holding around 58% of the outstanding shares as of December 2025.
30GF Score

Get the complete analysis for FRA:W290

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

€3.62
Price