Guangzhou Baiyun International Airport Co (SHSE:600004) Research & Development: ¥106 Mil (TTM As of Mar. 2026)

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SHSE:600004 Guangzhou Baiyun International Airport Co Ltd SHSE:600004
79 GF Score
Price ¥7.74
GF Value ¥10.88
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Guangzhou Baiyun International Airport Co Research & Development?

Guangzhou Baiyun International Airport Co SHSE:600004 +0.52% 79 Research & Development is ¥106 Mil as of Mar. 2026. GuruFocus rates SHSE:600004 with a GF Score™ of 79/100 and a GF Value™ of ¥10.88 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Guangzhou Baiyun International Airport Co's Research & Development for the three months ended in Mar. 2026 was ¥11 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥106 Mil.

Guangzhou Baiyun International Airport Co  (SHSE:600004) 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.

Guangzhou Baiyun International Airport Co Research & Development Related Terms

Guangzhou Baiyun International Airport Co Research & Development Historical Data

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The historical data trend for Guangzhou Baiyun International Airport 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.

Guangzhou Baiyun International Airport Co Research & Development Chart

Guangzhou Baiyun International Airport 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 40.21 45.98 50.32 53.22 102.45

Guangzhou Baiyun International Airport Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 7.54 10.40 11.14 73.36 11.17
SHSE:600004
79GF Score
Guangzhou Baiyun International Airport Co Ltd SHSE:600004
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Guangzhou Baiyun International Airport 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥106 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 ¥106 Mil mean?
Guangzhou Baiyun International Airport Co (SHSE:600004) has a Research & Development of ¥106 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Guangzhou Baiyun International Airport Co and its competitors.
Is Guangzhou Baiyun International Airport Co's Research & Development too high?
Guangzhou Baiyun International Airport Co's current Research & Development is ¥106 Mil. Overall, Guangzhou Baiyun International Airport Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Guangzhou Baiyun International Airport Co's Research & Development compare to JOBY and CAAP?
Guangzhou Baiyun International Airport Co's Research & Development of ¥106 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Research & Development depends on the Transportation 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 Guangzhou Baiyun International Airport Co and its competitors. Guangzhou Baiyun International Airport Co's current Research & Development is ¥106 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guangzhou Baiyun International Airport Co stock overvalued right now?
Based on GuruFocus' analysis, Guangzhou Baiyun International Airport Co (SHSE:600004) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥10.88, compared to a current price of ¥7.74 — trading 28.9% below its estimated fair value. The current Research & Development is ¥106 Mil. Guangzhou Baiyun International Airport Co's overall GF Score™ is 79/100 with 3 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 Guangzhou Baiyun International Airport Co (SHSE:600004), the current Research & Development is ¥106 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 Guangzhou Baiyun International Airport Co (SHSE:600004) Overvalued in 2026?

Based on GuruFocus' analysis, Guangzhou Baiyun International Airport Co stock appears to be undervalued. The current stock price of ¥7.74 is trading 28.9% below its estimated GF Value™ of ¥10.88. GuruFocus considers Guangzhou Baiyun International Airport Co to be Modestly Undervalued.

Key valuation signals for SHSE:600004:

  • Research & Development: ¥106 Mil
  • GF Value™: ¥10.88 vs. price of ¥7.74 (28.9% below fair value)
  • GF Score™: 79/100 with 3 warning signs

No single metric tells the full story. See the SHSE:600004 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Guangzhou Baiyun International Airport Co Business Description

Address Baiyun International Airport, South work area on the 1st, Guangdong Province, Guangzhou, CHN, 510470
Guangzhou Baiyun International Airport Co Ltd is a provider of aviation services. Its services include all types of airport services including departure, arrival, flight information, and other services.
79GF Score

Get the complete analysis for SHSE:600004

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

¥7.74
Price
¥10.88
GF Value