Beijing Jingcheng Machinery Electric Co (HKSE:00187) Research & Development: HK$96 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.

HKSE:00187 Beijing Jingcheng Machinery Electric Co Ltd HKSE:00187
61 GF Score
Price HK$2.89
GF Value HK$4.95
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Beijing Jingcheng Machinery Electric Co Research & Development?

Beijing Jingcheng Machinery Electric Co HKSE:00187 +1.76% 61 Research & Development is HK$96 Mil as of Mar. 2026. GuruFocus rates HKSE:00187 with a GF Score™ of 61/100 and a GF Value™ of HK$4.95 (Possible Value Trap). The stock has 4 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Beijing Jingcheng Machinery Electric Co's Research & Development for the three months ended in Mar. 2026 was HK$26 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was HK$96 Mil.

Beijing Jingcheng Machinery Electric Co  (HKSE:00187) 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.

Beijing Jingcheng Machinery Electric Co Research & Development Related Terms

Beijing Jingcheng Machinery Electric Co Research & Development Historical Data

* Premium members only.

The historical data trend for Beijing Jingcheng Machinery Electric 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.

Beijing Jingcheng Machinery Electric Co Research & Development Chart

Beijing Jingcheng Machinery Electric 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 32.49 53.21 72.68 73.69 96.14

Beijing Jingcheng Machinery Electric Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 24.87 20.78 19.81 29.48 26.00
HKSE:00187
61GF Score
Beijing Jingcheng Machinery Electric Co Ltd HKSE:00187
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Beijing Jingcheng Machinery Electric 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 HK$96 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 HK$96 Mil mean?
Beijing Jingcheng Machinery Electric Co (HKSE:00187) has a Research & Development of HK$96 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Beijing Jingcheng Machinery Electric Co and its competitors.
Is Beijing Jingcheng Machinery Electric Co's Research & Development too high?
Beijing Jingcheng Machinery Electric Co's current Research & Development is HK$96 Mil. Overall, Beijing Jingcheng Machinery Electric Co has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Beijing Jingcheng Machinery Electric Co's Research & Development compare to GEV and ETN?
Beijing Jingcheng Machinery Electric Co's Research & Development of HK$96 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 Beijing Jingcheng Machinery Electric Co and its competitors. Beijing Jingcheng Machinery Electric Co's current Research & Development is HK$96 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing Jingcheng Machinery Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Beijing Jingcheng Machinery Electric Co (HKSE:00187) is currently considered Possible Value Trap. The stock's GF Value™ is HK$4.95, compared to a current price of HK$2.89 — trading 41.6% below its estimated fair value. The current Research & Development is HK$96 Mil. Beijing Jingcheng Machinery Electric Co's overall GF Score™ is 61/100 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 Beijing Jingcheng Machinery Electric Co (HKSE:00187), the current Research & Development is HK$96 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 Beijing Jingcheng Machinery Electric Co (HKSE:00187) Overvalued in 2026?

Based on GuruFocus' analysis, Beijing Jingcheng Machinery Electric Co stock appears to be undervalued. The current stock price of HK$2.89 is trading 41.6% below its estimated GF Value™ of HK$4.95. GuruFocus considers Beijing Jingcheng Machinery Electric Co to be Possible Value Trap.

Key valuation signals for HKSE:00187:

  • Research & Development: HK$96 Mil
  • GF Value™: HK$4.95 vs. price of HK$2.89 (41.6% below fair value)
  • GF Score™: 61/100 with 4 warning signs

No single metric tells the full story. See the HKSE:00187 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Beijing Jingcheng Machinery Electric Co Business Description

Other Exchanges 600860:China
Address No. 2 Huo Xian Nan San Road, Huo Xian Town, Tongzhou District, Beijing, CHN, 101109
Beijing Jingcheng Machinery Electric Co Ltd is a manufacturer of gas storage and transportation equipment. It offers various services including the development, design, installation, and maintenance of cryogenic containers, compressors; machinery equipment, and electrical equipment. It has two main segments Gas Storage and Transportation Segment and Intelligent Manufacturing Segment. The company's products include seamless cylinders, wrapped composite cylinders, portable oxygen supply units for medical purposes, LNG fuel tanks, cryogenic gas cylinders, bottle and cylinder gasifiers, refueling stations, and systematic solutions among others.
61GF Score

Get the complete analysis for HKSE:00187

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

HK$2.89
Price
HK$4.95
GF Value