BaTeLab Co (HKSE:02149) Research & Development: HK$162.2 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.

HKSE:02149 BaTeLab Co Ltd HKSE:02149
49 GF Score
Price HK$28.28
! 7 Warning Signs
View Full Analysis

What is BaTeLab Co Research & Development?

BaTeLab Co HKSE:02149 +1.00% 49 Research & Development is HK$162.2 Mil as of Dec. 2025. GuruFocus rates HKSE:02149 with a GF Score™ of 49/100. The stock has 7 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. BaTeLab Co's Research & Development for the six months ended in Dec. 2025 was HK$100.6 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was HK$162.2 Mil.

BaTeLab Co  (HKSE:02149) 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.

BaTeLab Co Research & Development Related Terms

BaTeLab Co Research & Development Historical Data

* Premium members only.

The historical data trend for BaTeLab 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.

BaTeLab Co Research & Development Chart

BaTeLab Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial 58.30 94.79 130.32 137.97 162.88

BaTeLab Co Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.53 76.23 62.36 61.61 100.61
HKSE:02149
49GF Score
BaTeLab Co Ltd HKSE:02149
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BaTeLab 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 HK$162.2 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$162.2 Mil mean?
BaTeLab Co (HKSE:02149) has a Research & Development of HK$162.2 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on BaTeLab Co and its competitors.
Is BaTeLab Co's Research & Development too high?
BaTeLab Co's current Research & Development is HK$162.2 Mil. Overall, BaTeLab Co has a GF Score™ of 49/100, reflecting its overall financial health beyond just this single metric.
How does BaTeLab Co's Research & Development compare to AMAT and LRCX?
BaTeLab Co's Research & Development of HK$162.2 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Research & Development depends on the Semiconductors 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 BaTeLab Co and its competitors. BaTeLab Co's current Research & Development is HK$162.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BaTeLab Co stock overvalued right now?
BaTeLab Co (HKSE:02149) has a current Research & Development of HK$162.2 Mil. The current Research & Development is HK$162.2 Mil. BaTeLab Co's overall GF Score™ is 49/100 with 7 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 BaTeLab Co (HKSE:02149), the current Research & Development is HK$162.2 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.

BaTeLab Co Business Description

Address No. 150 Jici Road, Building 1, Science and Technology Town, Gaoxin District, Jiangsu Province, Suzhou, CHN, 215011
BaTeLab Co Ltd is a provider of industrial-grade analog IC patterned wafers in China. Based on self-developed electronic design automation (EDA) and reusable intellectual property (IP) libraries, its deliverable products are analog IC patterned wafers with completed built-on circuits, which can be fabricated into individual IC chips by downstream customers through standard and straightforward package testing. The company covers multiple product areas, including switching regulators, multi-channel ICs and power management ICs, linear regulators, battery management ICs, monitoring and modem ICs, driver ICs, and linear products. Its products are used across various industries such as industrial automation, automotive electronics, industrial IoT, communications, consumer electronics, etc.
49GF Score

Get the complete analysis for HKSE:02149

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

HK$28.28
Price