FSM Holdings (HKSE:01721) Research & Development: HK$19.78 Mil (TTM As of Jun. 2025)


HKSE:01721 FSM Holdings Ltd HKSE:01721
44 GF Score
Price HK$0.14
GF Value HK$0.37
! 4 Warning Signs
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What is FSM Holdings Research & Development?

FSM Holdings HKSE:01721 44 Research & Development is HK$19.78 Mil as of Jun. 2025. GuruFocus rates HKSE:01721 with a GF Score™ of 44/100 and a GF Value™ of HK$0.37. The stock has 4 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. FSM Holdings's Research & Development for the six months ended in Jun. 2025 was HK$9.47 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2025 was HK$19.78 Mil.

FSM Holdings  (HKSE:01721) 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.

FSM Holdings Research & Development Related Terms

FSM Holdings Research & Development Historical Data

* Premium members only.

The historical data trend for FSM Holdings'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.

FSM Holdings Research & Development Chart

FSM Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.41 9.67 12.06 16.51 18.55

FSM Holdings Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 7.81 8.64 8.27 10.31 9.47
HKSE:01721
44GF Score
FSM Holdings Ltd HKSE:01721
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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FSM Holdings 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. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$19.78 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$19.78 Mil mean?
FSM Holdings (HKSE:01721) has a Research & Development of HK$19.78 Mil as of Jun. 2025. Research and development expense is the total cost for research and development activities. View historical data on FSM Holdings and its competitors.
Is FSM Holdings' Research & Development too high?
FSM Holdings' current Research & Development is HK$19.78 Mil. Overall, FSM Holdings has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does FSM Holdings' Research & Development compare to ATI and CRS?
FSM Holdings' Research & Development of HK$19.78 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 FSM Holdings and its competitors. FSM Holdings's current Research & Development is HK$19.78 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FSM Holdings stock overvalued right now?
FSM Holdings (HKSE:01721) has a current Research & Development of HK$19.78 Mil. The stock's GF Value™ is HK$0.37, compared to a current price of HK$0.14 — trading 62.2% below its estimated fair value. The current Research & Development is HK$19.78 Mil. FSM Holdings' overall GF Score™ is 44/100 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 FSM Holdings (HKSE:01721), the current Research & Development is HK$19.78 Mil as of Jun. 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 FSM Holdings (HKSE:01721) Overvalued in 2026?

Based on GuruFocus' analysis, FSM Holdings stock appears to be undervalued. The current stock price of HK$0.14 is trading 62.2% below its estimated GF Value™ of HK$0.37.

Key valuation signals for HKSE:01721:

  • Research & Development: HK$19.78 Mil
  • GF Value™: HK$0.37 vs. price of HK$0.14 (62.2% below fair value)
  • GF Score™: 44/100 with 4 warning signs

No single metric tells the full story. See the HKSE:01721 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

FSM Holdings Business Description

Address 68 Kimberley Road, Unit 813, 8th Floor, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
FSM Holdings Ltd is an investment holding company engaged in manufacturing sheet metal fabrication with a focus on precision engineering, precision machining service and provision of posttreatment processes; and online business in developing, distributing and operating online mobile games. The group has two business segments, namely the manufacturing business and the online business. Under the manufacturing business segment, it engages in sheet metal fabrication with a focus on precision engineering and precision machining services with production facilities based in Singapore and Malaysia. The group has established a dedicated development team in the online business segment, concentrating on crafting mobile games for all audience.
44GF Score

Get the complete analysis for HKSE:01721

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

HK$0.14
Price
HK$0.37
GF Value