360 Security Technology (SHSE:601360) Research & Development: ¥3,142 Mil (TTM As of Mar. 2026)

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SHSE:601360 360 Security Technology Inc SHSE:601360
58 GF Score
Price ¥9.05
GF Value ¥13.50
Valuation Possible Value Trap
! 5 Warning Signs
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What is 360 Security Technology Research & Development?

360 Security Technology SHSE:601360 +0.56% 58 Research & Development is ¥3,142 Mil as of Mar. 2026. GuruFocus rates SHSE:601360 with a GF Score™ of 58/100 and a GF Value™ of ¥13.50 (Possible Value Trap). The stock has 5 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. 360 Security Technology's Research & Development for the three months ended in Mar. 2026 was ¥801 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥3,142 Mil.

360 Security Technology  (SHSE:601360) 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.

360 Security Technology Research & Development Related Terms

360 Security Technology Research & Development Historical Data

* Premium members only.

The historical data trend for 360 Security Technology'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.

360 Security Technology Research & Development Chart

360 Security Technology 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 3,128.73 3,313.91 3,104.26 3,202.27 3,225.46

360 Security Technology 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 884.54 680.36 791.90 868.65 801.36
SHSE:601360
58GF Score
360 Security Technology Inc SHSE:601360
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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360 Security Technology 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 ¥3,142 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 ¥3,142 Mil mean?
360 Security Technology (SHSE:601360) has a Research & Development of ¥3,142 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on 360 Security Technology and its competitors.
Is 360 Security Technology's Research & Development too high?
360 Security Technology's current Research & Development is ¥3,142 Mil. Overall, 360 Security Technology has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does 360 Security Technology's Research & Development compare to MSFT and ORCL?
360 Security Technology's Research & Development of ¥3,142 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 360 Security Technology and its competitors. 360 Security Technology's current Research & Development is ¥3,142 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 360 Security Technology stock overvalued right now?
Based on GuruFocus' analysis, 360 Security Technology (SHSE:601360) is currently considered Possible Value Trap. The stock's GF Value™ is ¥13.50, compared to a current price of ¥9.05 — trading 33% below its estimated fair value. The current Research & Development is ¥3,142 Mil. 360 Security Technology's overall GF Score™ is 58/100 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 360 Security Technology (SHSE:601360), the current Research & Development is ¥3,142 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 360 Security Technology (SHSE:601360) Overvalued in 2026?

Based on GuruFocus' analysis, 360 Security Technology stock appears to be undervalued. The current stock price of ¥9.05 is trading 33% below its estimated GF Value™ of ¥13.50. GuruFocus considers 360 Security Technology to be Possible Value Trap.

Key valuation signals for SHSE:601360:

  • Research & Development: ¥3,142 Mil
  • GF Value™: ¥13.50 vs. price of ¥9.05 (33% below fair value)
  • GF Score™: 58/100 with 5 warning signs

No single metric tells the full story. See the SHSE:601360 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

360 Security Technology Business Description

Address No. 6, Jiuxianqiao Road, Block A, Building 2, Chaoyang District, Beijing, CHN, 100015
360 Security Technology Inc is engaged in the research and development of Internet security technology, design, development, and promotion of Internet security products, as well as commercial services such as Internet advertising and services based on Internet security products, Internet value-added services, and smart hardware services. The company operates through two segments. The Internet and Smart Hardware Business segment covers Internet commercialization, such as advertising and services, value-added Internet businesses like AI products and game distribution, and smart hardware, including cameras, video doorbells, driving recorders, and children's smartwatches. The Security Business segment focuses on digital security operations.
58GF Score

Get the complete analysis for SHSE:601360

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

¥9.05
Price
¥13.50
GF Value