KRKR (36KR Holdings) Research & Development: $1.79 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.

KRKR 36KR Holdings Inc KRKR
43 GF Score
Price $2.88
GF Value $5.02
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is 36KR Holdings Research & Development?

36KR Holdings KRKR +4.73% 43 Research & Development is $1.79 Mil as of Dec. 2025. GuruFocus rates KRKR with a GF Score™ of 43/100 and a GF Value™ of $5.02 (Possible Value Trap). The stock has 4 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. 36KR Holdings's Research & Development for the six months ended in Dec. 2025 was $0.89 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was $1.79 Mil.

36KR Holdings  (NAS:KRKR) 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.

36KR Holdings Research & Development Related Terms

36KR Holdings Research & Development Historical Data

* Premium members only.

The historical data trend for 36KR 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.

36KR Holdings Research & Development Chart

36KR Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only 7.46 7.90 5.84 1.98 1.80

36KR Holdings Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.77 1.21 0.77 0.89 0.89
KRKR
43GF Score
36KR Holdings Inc KRKR
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

36KR 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $1.79 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 $1.79 Mil mean?
36KR Holdings (KRKR) has a Research & Development of $1.79 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on 36KR Holdings and its competitors.
Is 36KR Holdings' Research & Development too high?
36KR Holdings' current Research & Development is $1.79 Mil. Overall, 36KR Holdings has a GF Score™ of 43/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does 36KR Holdings' Research & Development compare to CNFN and EDHL?
36KR Holdings' Research & Development of $1.79 Mil can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Research & Development depends on the Media - Diversified 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 36KR Holdings and its competitors. 36KR Holdings's current Research & Development is $1.79 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 36KR Holdings stock overvalued right now?
Based on GuruFocus' analysis, 36KR Holdings (KRKR) is currently considered Possible Value Trap. The stock's GF Value™ is $5.02, compared to a current price of $2.88 — trading 42.6% below its estimated fair value. The current Research & Development is $1.79 Mil. 36KR Holdings' overall GF Score™ is 43/100 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 36KR Holdings (KRKR), the current Research & Development is $1.79 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.

Is 36KR Holdings (KRKR) Overvalued in 2026?

Based on GuruFocus' analysis, 36KR Holdings stock appears to be undervalued. The current stock price of $2.88 is trading 42.6% below its estimated GF Value™ of $5.02. GuruFocus considers 36KR Holdings to be Possible Value Trap.

Key valuation signals for KRKR:

  • Research & Development: $1.79 Mil
  • GF Value™: $5.02 vs. price of $2.88 (42.6% below fair value)
  • GF Score™: 43/100 with 4 warning signs

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

36KR Holdings Business Description

Address No. 10 Jiuxianqiao Road, Building B6, Universal Business Park, Chaoyang District, Beijing, CHN, 100015
36KR Holdings Inc is a holding company and conducts its business mainly through its subsidiaries, a VIE, and subsidiaries of the VIE. The Group is engaging in providing content and business services to new economy participants in the PRC. Its content production process includes content creation, content editing, screening and monitoring, and content distribution. The Group mainly generates revenues from providing online advertising services, enterprise value-added services, and subscription services. The Group's principal operations and geographic markets are substantially located in the PRC.
43GF Score

Get the complete analysis for KRKR

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

$2.88
Price
$5.02
GF Value