Beisen Holding (HKSE:09669) Research & Development: HK$290 Mil (TTM As of Mar. 2026)

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HKSE:09669 Beisen Holding Ltd HKSE:09669
71 GF Score
Price HK$3.30
GF Value HK$7.27
Valuation Possible Value Trap
! 2 Warning Signs
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What is Beisen Holding Research & Development?

Beisen Holding HKSE:09669 -1.35% 71 Research & Development is HK$290 Mil as of Mar. 2026. GuruFocus rates HKSE:09669 with a GF Score™ of 71/100 and a GF Value™ of HK$7.27 (Possible Value Trap). The stock has 2 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Beisen Holding's Research & Development for the six months ended in Mar. 2026 was HK$143 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was HK$290 Mil.


Beisen Holding  (HKSE:09669) 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.


Beisen Holding Research & Development Related Terms


Beisen Holding Research & Development Historical Data

* Premium members only.

The historical data trend for Beisen 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.

Beisen Holding Research & Development Chart

Beisen Holding Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Research & Development
Get a 7-Day Free Trial 318.55 345.49 381.15 308.38 295.95

Beisen Holding Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 178.05 170.42 142.42 147.66 142.51
HKSE:09669
71GF Score
Beisen Holding Ltd HKSE:09669
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Beisen 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 Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$290 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$290 Mil mean?
Beisen Holding (HKSE:09669) has a Research & Development of HK$290 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Beisen Holding and its competitors.
Is Beisen Holding's Research & Development too high?
Beisen Holding's current Research & Development is HK$290 Mil. Overall, Beisen Holding has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Beisen Holding's Research & Development compare to QH and SHOP?
Beisen Holding's Research & Development of HK$290 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 Beisen Holding and its competitors. Beisen Holding's current Research & Development is HK$290 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beisen Holding stock overvalued right now?
Based on GuruFocus' analysis, Beisen Holding (HKSE:09669) is currently considered Possible Value Trap. The stock's GF Value™ is HK$7.27, compared to a current price of HK$3.30 — trading 54.6% below its estimated fair value. The current Research & Development is HK$290 Mil. Beisen Holding's overall GF Score™ is 71/100 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 Beisen Holding (HKSE:09669), the current Research & Development is HK$290 Mil as of Mar. 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 Beisen Holding (HKSE:09669) Overvalued in 2026?

Based on GuruFocus' analysis, Beisen Holding stock appears to be undervalued. The current stock price of HK$3.30 is trading 54.6% below its estimated GF Value™ of HK$7.27. GuruFocus considers Beisen Holding to be Possible Value Trap.

Key valuation signals for HKSE:09669:

  • Research & Development: HK$290 Mil
  • GF Value™: HK$7.27 vs. price of HK$3.30 (54.6% below fair value)
  • GF Score™: 71/100 with 2 warning signs

No single metric tells the full story. See the HKSE:09669 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Beisen Holding Business Description

Address No. 35 Shangdi East Road, Room 710, Building 1. Block B, Yiquanhui Building, Haidian District, Beijing, CHN
Beisen Holding Ltd is an investment holding company. The company and its subsidiaries are majorly engaged in providing cloud-based human capital management (HCM) solutions in the People's Republic of China which enables customers to recruit, evaluate, manage, develop, and retain talents efficiently. Its platform iTalentX delivers cloud-native SaaS products, namely cloud-based HCM solutions, for enterprises to recruit, evaluate, manage, and retain talents. Its platform offers a full suite of cloud-based applications covering an organization's HCM needs throughout the entire employee lifecycle.
71GF Score

Get the complete analysis for HKSE:09669

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

HK$3.30
Price
HK$7.27
GF Value