Be Friends Holding (HKSE:01450) Research & Development: HK$0 Mil (TTM As of Jun. 2026)

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HKSE:01450 Be Friends Holding Ltd HKSE:01450
67 GF Score
Price HK$0.80
GF Value HK$2.28
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Be Friends Holding Research & Development?

Be Friends Holding HKSE:01450 -1.23% 67 Research & Development is HK$0 Mil as of Jun. 2026. GuruFocus rates HKSE:01450 with a GF Score™ of 67/100 and a GF Value™ of HK$2.28 (Significantly Undervalued). The stock has 2 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Be Friends Holding's Research & Development for the six months ended in Jun. 2026 was HK$0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2026 was HK$0 Mil.

Be Friends Holding  (HKSE:01450) 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.

Be Friends Holding Research & Development Related Terms

Be Friends Holding Research & Development Historical Data

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The historical data trend for Be Friends Holding'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.

Be Friends Holding Research & Development Chart

Be Friends Holding Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
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Be Friends Holding Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 0.00 0.00 0.00 0.00 0.00
HKSE:01450
67GF Score
Be Friends Holding Ltd HKSE:01450
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Be Friends Holding 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 semi-annually data reported by the company within the most recent 12 months, which was HK$0 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$0 Mil mean?
Be Friends Holding (HKSE:01450) has a Research & Development of HK$0 Mil as of Jun. 2026. Research and development expense is the total cost for research and development activities. View historical data on Be Friends Holding and its competitors.
Is Be Friends Holding's Research & Development too high?
Be Friends Holding's current Research & Development is HK$0 Mil. Overall, Be Friends Holding has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Be Friends Holding's Research & Development compare to QH and SHOP?
Be Friends Holding's Research & Development of HK$0 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 Be Friends Holding and its competitors. Be Friends Holding's current Research & Development is HK$0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Be Friends Holding stock overvalued right now?
Based on GuruFocus' analysis, Be Friends Holding (HKSE:01450) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$2.28, compared to a current price of HK$0.80 — trading 64.9% below its estimated fair value. The current Research & Development is HK$0 Mil. Be Friends Holding's overall GF Score™ is 67/100 with 2 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 Be Friends Holding (HKSE:01450), the current Research & Development is HK$0 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 Be Friends Holding (HKSE:01450) Overvalued in 2026?

Based on GuruFocus' analysis, Be Friends Holding stock appears to be undervalued. The current stock price of HK$0.80 is trading 64.9% below its estimated GF Value™ of HK$2.28. GuruFocus considers Be Friends Holding to be Significantly Undervalued.

Key valuation signals for HKSE:01450:

  • Research & Development: HK$0 Mil
  • GF Value™: HK$2.28 vs. price of HK$0.80 (64.9% below fair value)
  • GF Score™: 67/100 with 2 warning signs

No single metric tells the full story. See the HKSE:01450 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Be Friends Holding Business Description

Address No. 601 Qiuyi Road Changhe Street, Building 5, (Zhejiang) Pilot Free Trade Zone, Binjiang District, Hangzhou, CHN, 310056
Be Friends Holding Ltd is engaged in the provision of new media services, application solutions, sales of self-developed products, and system maintenance services, for the all-media industry in the People's Republic of China (the PRC). The Group has operations mainly in the PRC. The company's segments include New Media Services.
67GF Score

Get the complete analysis for HKSE:01450

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

HK$0.80
Price
HK$2.28
GF Value