BoardWare Intelligence Technology (HKSE:01204) Research & Development: HK$19.6 Mil (TTM As of Dec. 2025)

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HKSE:01204 BoardWare Intelligence Technology Ltd HKSE:01204
67 GF Score
Price HK$1.60
GF Value HK$3.06
Valuation Significantly Undervalued
! 4 Warning Signs
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What is BoardWare Intelligence Technology Research & Development?

BoardWare Intelligence Technology HKSE:01204 67 Research & Development is HK$19.6 Mil as of Dec. 2025. GuruFocus rates HKSE:01204 with a GF Score™ of 67/100 and a GF Value™ of HK$3.06 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. BoardWare Intelligence Technology's Research & Development for the six months ended in Dec. 2025 was HK$10.6 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was HK$19.6 Mil.

BoardWare Intelligence Technology  (HKSE:01204) 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.

BoardWare Intelligence Technology Research & Development Related Terms

BoardWare Intelligence Technology Research & Development Historical Data

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The historical data trend for BoardWare Intelligence Technology'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.

BoardWare Intelligence Technology Research & Development Chart

BoardWare Intelligence Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial 0.00 6.69 10.04 18.39 19.59

BoardWare Intelligence Technology Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.73 6.73 11.66 8.94 10.64
HKSE:01204
67GF Score
BoardWare Intelligence Technology Ltd HKSE:01204
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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BoardWare Intelligence Technology 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 HK$19.6 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of HK$19.6 Mil mean?
BoardWare Intelligence Technology (HKSE:01204) has a Research & Development of HK$19.6 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on BoardWare Intelligence Technology and its competitors.
Is BoardWare Intelligence Technology's Research & Development too high?
BoardWare Intelligence Technology's current Research & Development is HK$19.6 Mil. Overall, BoardWare Intelligence Technology has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BoardWare Intelligence Technology's Research & Development compare to IBM and ACN?
BoardWare Intelligence Technology's Research & Development of HK$19.6 Mil can be compared against companies in the Software 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 Software company?
A good Research & Development depends on the Software 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 BoardWare Intelligence Technology and its competitors. BoardWare Intelligence Technology's current Research & Development is HK$19.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BoardWare Intelligence Technology stock overvalued right now?
Based on GuruFocus' analysis, BoardWare Intelligence Technology (HKSE:01204) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$3.06, compared to a current price of HK$1.60 — trading 47.7% below its estimated fair value. The current Research & Development is HK$19.6 Mil. BoardWare Intelligence Technology's overall GF Score™ is 67/100 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 BoardWare Intelligence Technology (HKSE:01204), the current Research & Development is HK$19.6 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.

Is BoardWare Intelligence Technology (HKSE:01204) Overvalued in 2026?

Based on GuruFocus' analysis, BoardWare Intelligence Technology stock appears to be undervalued. The current stock price of HK$1.60 is trading 47.7% below its estimated GF Value™ of HK$3.06. GuruFocus considers BoardWare Intelligence Technology to be Significantly Undervalued.

Key valuation signals for HKSE:01204:

  • Research & Development: HK$19.6 Mil
  • GF Value™: HK$3.06 vs. price of HK$1.60 (47.7% below fair value)
  • GF Score™: 67/100 with 4 warning signs

No single metric tells the full story. See the HKSE:01204 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

BoardWare Intelligence Technology Business Description

Address No. 335-341 Hotline Centre, 15th Floor I-Q and X, Alameda Dr. Carlos D\' Assumpcao, macau, MAC
BoardWare Intelligence Technology Ltd provides reliable, end-to-end and high-quality Enterprise IT solutions. Its IT solutions involve the design, supply, integration, operation, and maintenance of IT systems. The company operates through the Enterprise IT solutions segment and the distribution and resale of hardware and software segment. The Enterprise IT solutions segment includes Professional IT services, Managed services, and IT maintenance and consultancy services. Its business segments include the provision of Enterprise IT solutions, lease income from IT equipment, and distribution and resale of hardware and software. The Group also focuses on IT solutions, AI, cybersecurity, BCI, and engineering intelligence, and generates the majority of its revenue from Macau.
67GF Score

Get the complete analysis for HKSE:01204

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

HK$1.60
Price
HK$3.06
GF Value