Nuobikan Artificial Intelligence Technology (Chengdu) Co (HKSE:02635) Research & Development: HK$91.4 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:02635 Nuobikan Artificial Intelligence Technology (Chengdu) Co Ltd HKSE:02635
22 GF Score
Price HK$11.80
! 1 Warning Sign
View Full Analysis

What is Nuobikan Artificial Intelligence Technology (Chengdu) Co Research & Development?

Nuobikan Artificial Intelligence Technology (Chengdu) Co HKSE:02635 +1.90% 22 Research & Development is HK$91.4 Mil as of Dec. 2025. GuruFocus rates HKSE:02635 with a GF Score™ of 22/100. The stock has 1 warning sign investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Nuobikan Artificial Intelligence Technology (Chengdu) Co's Research & Development for the six months ended in Dec. 2025 was HK$66.5 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was HK$91.4 Mil.


Nuobikan Artificial Intelligence Technology (Chengdu) Co  (HKSE:02635) 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.


Nuobikan Artificial Intelligence Technology (Chengdu) Co Research & Development Related Terms


Nuobikan Artificial Intelligence Technology (Chengdu) Co Research & Development Historical Data

* Premium members only.

The historical data trend for Nuobikan Artificial Intelligence Technology (Chengdu) 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.

Nuobikan Artificial Intelligence Technology (Chengdu) Co Research & Development Chart

Nuobikan Artificial Intelligence Technology (Chengdu) Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Research & Development
49.68 61.96 63.59 91.64

Nuobikan Artificial Intelligence Technology (Chengdu) Co Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Research & Development Get a 7-Day Free Trial 0.00 42.78 21.16 24.84 66.53
HKSE:02635
22GF Score
Nuobikan Artificial Intelligence Technology (Chengdu) Co Ltd HKSE:02635
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nuobikan Artificial Intelligence Technology (Chengdu) 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$91.4 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$91.4 Mil mean?
Nuobikan Artificial Intelligence Technology (Chengdu) Co (HKSE:02635) has a Research & Development of HK$91.4 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Nuobikan Artificial Intelligence Technology (Chengdu) Co and its competitors.
Is Nuobikan Artificial Intelligence Technology (Chengdu) Co's Research & Development too high?
Nuobikan Artificial Intelligence Technology (Chengdu) Co's current Research & Development is HK$91.4 Mil. Overall, Nuobikan Artificial Intelligence Technology (Chengdu) Co has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Nuobikan Artificial Intelligence Technology (Chengdu) Co's Research & Development compare to IBM and ACN?
Nuobikan Artificial Intelligence Technology (Chengdu) Co's Research & Development of HK$91.4 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 Nuobikan Artificial Intelligence Technology (Chengdu) Co and its competitors. Nuobikan Artificial Intelligence Technology (Chengdu) Co's current Research & Development is HK$91.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuobikan Artificial Intelligence Technology (Chengdu) Co stock overvalued right now?
Nuobikan Artificial Intelligence Technology (Chengdu) Co (HKSE:02635) has a current Research & Development of HK$91.4 Mil. The current Research & Development is HK$91.4 Mil. Nuobikan Artificial Intelligence Technology (Chengdu) Co's overall GF Score™ is 22/100 with 1 warning sign 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 Nuobikan Artificial Intelligence Technology (Chengdu) Co (HKSE:02635), the current Research & Development is HK$91.4 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.

Nuobikan Artificial Intelligence Technology (Chengdu) Co Business Description

Address No. 338, Guo Xin 4th Road, A9-4, Xin Gu Industrial Park, Shuangliu District, Sichuan Province, Chengdu, CHN
Nuobikan Artificial Intelligence Technology (Chengdu) Co Ltd develops and sells monitoring and inspection products and solutions for railway operation and power grid companies, and other urban management solutions in the PRC. It mainly provides integrated software and hardware solutions adopting comprehensive AI industry models for monitoring, inspection and maintenance purposes. The company generates revenue from businesses including (i) rail transit for transportation solution business, (ii) electricity for energy solution business, and (iii) urban management solution business. The company generates the majority of revenue from the Urban management solution business. Geographically, it derives the maximum revenue from China.
22GF Score

Get the complete analysis for HKSE:02635

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

HK$11.80
Price