BAIC Foton Motor Co (SHSE:600166) Research & Development: ¥1,704 Mil (TTM As of Mar. 2026)

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SHSE:600166 BAIC Foton Motor Co Ltd SHSE:600166
70 GF Score
Price ¥3.13
GF Value ¥3.32
Valuation Fairly Valued
! 5 Warning Signs
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What is BAIC Foton Motor Co Research & Development?

BAIC Foton Motor Co SHSE:600166 +1.95% 70 Research & Development is ¥1,704 Mil as of Mar. 2026. GuruFocus rates SHSE:600166 with a GF Score™ of 70/100 and a GF Value™ of ¥3.32 (Fairly Valued). The stock has 5 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. BAIC Foton Motor Co's Research & Development for the three months ended in Mar. 2026 was ¥406 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥1,704 Mil.

BAIC Foton Motor Co  (SHSE:600166) 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.

BAIC Foton Motor Co Research & Development Related Terms

BAIC Foton Motor Co Research & Development Historical Data

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The historical data trend for BAIC Foton Motor 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.

BAIC Foton Motor Co Research & Development Chart

BAIC Foton Motor 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 1,715.09 1,592.41 2,080.07 1,899.53 1,782.42

BAIC Foton Motor 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 484.16 476.40 418.34 403.52 406.04
SHSE:600166
70GF Score
BAIC Foton Motor Co Ltd SHSE:600166
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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BAIC Foton Motor 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 ¥1,704 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 ¥1,704 Mil mean?
BAIC Foton Motor Co (SHSE:600166) has a Research & Development of ¥1,704 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on BAIC Foton Motor Co and its competitors.
Is BAIC Foton Motor Co's Research & Development too high?
BAIC Foton Motor Co's current Research & Development is ¥1,704 Mil. Overall, BAIC Foton Motor Co has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does BAIC Foton Motor Co's Research & Development compare to TSLA and GM?
BAIC Foton Motor Co's Research & Development of ¥1,704 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Research & Development depends on the Vehicles & Parts 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 BAIC Foton Motor Co and its competitors. BAIC Foton Motor Co's current Research & Development is ¥1,704 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BAIC Foton Motor Co stock overvalued right now?
Based on GuruFocus' analysis, BAIC Foton Motor Co (SHSE:600166) is currently considered Fairly Valued. The stock's GF Value™ is ¥3.32, compared to a current price of ¥3.13 — trading 5.7% below its estimated fair value. The current Research & Development is ¥1,704 Mil. BAIC Foton Motor Co's overall GF Score™ is 70/100 with 5 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 BAIC Foton Motor Co (SHSE:600166), the current Research & Development is ¥1,704 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 BAIC Foton Motor Co (SHSE:600166) Overvalued in 2026?

Based on GuruFocus' analysis, BAIC Foton Motor Co stock appears to be undervalued. The current stock price of ¥3.13 is trading 5.7% below its estimated GF Value™ of ¥3.32. GuruFocus considers BAIC Foton Motor Co to be Fairly Valued.

Key valuation signals for SHSE:600166:

  • Research & Development: ¥1,704 Mil
  • GF Value™: ¥3.32 vs. price of ¥3.13 (5.7% below fair value)
  • GF Score™: 70/100 with 5 warning signs

No single metric tells the full story. See the SHSE:600166 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

BAIC Foton Motor Co Business Description

Address Shayang Road, Shahe Town, North of Laoniuwan Village, Changping District, Beijing, CHN, 102206
BAIC Foton Motor Co Ltd, formerly known as Beiqi Foton Motor Co Ltd, is a China-based company engages in the manufacture and sale of automobiles. Its products include medium and heavy-duty trucks, light-duty trucks, such as tractors, dumpers, and flatbeds as well as vans, pickups, buses, and construction machinery vehicles. The company also offers Total Care, a care service to authorized dealers; and warranty services. It mainly sells its products under the name of AUMAN, AUV, and OLLIN.
70GF Score

Get the complete analysis for SHSE:600166

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

¥3.13
Price
¥3.32
GF Value