Befar Group Co (SHSE:601678) Research & Development: ¥180 Mil (TTM As of Mar. 2026)

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SHSE:601678 Befar Group Co Ltd SHSE:601678
82 GF Score
Price ¥5.90
GF Value ¥6.45
Valuation Fairly Valued
! 8 Warning Signs
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What is Befar Group Co Research & Development?

Befar Group Co SHSE:601678 +6.12% 82 Research & Development is ¥180 Mil as of Mar. 2026. GuruFocus rates SHSE:601678 with a GF Score™ of 82/100 and a GF Value™ of ¥6.45 (Fairly Valued). The stock has 8 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Befar Group Co's Research & Development for the three months ended in Mar. 2026 was ¥13 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥180 Mil.

Befar Group Co  (SHSE:601678) 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.

Befar Group Co Research & Development Related Terms

Befar Group Co Research & Development Historical Data

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The historical data trend for Befar Group 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.

Befar Group Co Research & Development Chart

Befar Group 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 28.28 49.92 68.42 120.32 173.19

Befar Group 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 5.33 55.37 41.08 71.41 12.60
SHSE:601678
82GF Score
Befar Group Co Ltd SHSE:601678
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Befar Group 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 ¥180 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 ¥180 Mil mean?
Befar Group Co (SHSE:601678) has a Research & Development of ¥180 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Befar Group Co and its competitors.
Is Befar Group Co's Research & Development too high?
Befar Group Co's current Research & Development is ¥180 Mil. Overall, Befar Group Co has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Befar Group Co's Research & Development compare to LIN and SHW?
Befar Group Co's Research & Development of ¥180 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Research & Development depends on the Chemicals 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 Befar Group Co and its competitors. Befar Group Co's current Research & Development is ¥180 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Befar Group Co stock overvalued right now?
Based on GuruFocus' analysis, Befar Group Co (SHSE:601678) is currently considered Fairly Valued. The stock's GF Value™ is ¥6.45, compared to a current price of ¥5.90 — trading 8.5% below its estimated fair value. The current Research & Development is ¥180 Mil. Befar Group Co's overall GF Score™ is 82/100 with 8 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 Befar Group Co (SHSE:601678), the current Research & Development is ¥180 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 Befar Group Co (SHSE:601678) Overvalued in 2026?

Based on GuruFocus' analysis, Befar Group Co stock appears to be undervalued. The current stock price of ¥5.90 is trading 8.5% below its estimated GF Value™ of ¥6.45. GuruFocus considers Befar Group Co to be Fairly Valued.

Key valuation signals for SHSE:601678:

  • Research & Development: ¥180 Mil
  • GF Value™: ¥6.45 vs. price of ¥5.90 (8.5% below fair value)
  • GF Score™: 82/100 with 8 warning signs

No single metric tells the full story. See the SHSE:601678 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Befar Group Co Business Description

Other Exchanges 06745:Hong Kong
Address No.869, Huanghe 5th Road, Shandong Province, Binzhou, CHN, 256619
Befar Group Co Ltd is a China-based chemical company. It is engaged in the business of producing, processing and selling organic and inorganic chemical products. The company's product portfolio includes propylene-oxide, food additives, industrial hydrochloric acid, vinyl chloride, polymer polyol, reagent hydrochloric acid, crude oil emulsifier, and other products. Its industrial chain covers petrochemical, salt chemical, fine chemical, thermal power, port warehousing, financing and others. The company's products are sold in China and other international countries.
82GF Score

Get the complete analysis for SHSE:601678

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

¥5.90
Price
¥6.45
GF Value