Befar Group Co (HKSE:06745) Research & Development: HK$218 Mil (TTM As of Jun. 2026)

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:06745 Befar Group Co Ltd HKSE:06745
67 GF Score
Price HK$3.08
GF Value HK$3.30
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Befar Group Co Research & Development?

Befar Group Co HKSE:06745 -2.07% 67 Research & Development is HK$218 Mil as of Jun. 2026. GuruFocus rates HKSE:06745 with a GF Score™ of 67/100 and a GF Value™ of HK$3.30 (Fairly Valued). The stock has 7 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Befar Group Co's Research & Development for the three months ended in Jun. 2026 was HK$80 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2026 was HK$218 Mil.

Befar Group Co  (HKSE:06745) 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.

Befar Group Co Research & Development Related Terms

Befar Group Co Research & Development Historical Data

* Premium members only.

The historical data trend for Befar Group 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.

Befar Group Co Research & Development Chart

Befar Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.62 55.75 74.84 128.46 191.33

Befar Group Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 60.52 44.89 78.89 14.31 79.83
HKSE:06745
67GF Score
Befar Group Co Ltd HKSE:06745
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Befar Group 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$218 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$218 Mil mean?
Befar Group Co (HKSE:06745) has a Research & Development of HK$218 Mil as of Jun. 2026. Research and development expense is the total cost for research and development activities. View historical data on Befar Group Co and its competitors.
Is Befar Group Co's Research & Development too high?
Befar Group Co's current Research & Development is HK$218 Mil. Overall, Befar Group Co has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Befar Group Co's Research & Development compare to LIN and SHW?
Befar Group Co's Research & Development of HK$218 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Research & Development depends on the Chemicals 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 Befar Group Co and its competitors. Befar Group Co's current Research & Development is HK$218 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Befar Group Co stock overvalued right now?
Based on GuruFocus' analysis, Befar Group Co (HKSE:06745) is currently considered Fairly Valued. The stock's GF Value™ is HK$3.30, compared to a current price of HK$3.08 — trading 6.7% below its estimated fair value. The current Research & Development is HK$218 Mil. Befar Group Co's overall GF Score™ is 67/100 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 Befar Group Co (HKSE:06745), the current Research & Development is HK$218 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 Befar Group Co (HKSE:06745) Overvalued in 2026?

Based on GuruFocus' analysis, Befar Group Co stock appears to be undervalued. The current stock price of HK$3.08 is trading 6.7% below its estimated GF Value™ of HK$3.30. GuruFocus considers Befar Group Co to be Fairly Valued.

Key valuation signals for HKSE:06745:

  • Research & Development: HK$218 Mil
  • GF Value™: HK$3.30 vs. price of HK$3.08 (6.7% below fair value)
  • GF Score™: 67/100 with 7 warning signs

No single metric tells the full story. See the HKSE:06745 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Befar Group Co Business Description

Other Exchanges 601678:China
Address No.869, Huanghe 5th Road, Shandong Province, Binzhou, CHN, 256619
Befar Group Co Ltd is a China-based chemical company. It is engaged in the business of producing, processing and selling organic and inorganic chemical products. The company's product portfolio includes propylene-oxide, food additives, industrial hydrochloric acid, vinyl chloride, polymer polyol, reagent hydrochloric acid, crude oil emulsifier, and other products. Its industrial chain covers petrochemical, salt chemical, fine chemical, thermal power, port warehousing, financing and others. The company's products are sold in China and other international countries.
67GF Score

Get the complete analysis for HKSE:06745

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

HK$3.08
Price
HK$3.30
GF Value