Zhejiang Biyi Electric Appliance Co (SHSE:603215) Research & Development: ¥78 Mil (TTM As of Mar. 2026)

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SHSE:603215 Zhejiang Biyi Electric Appliance Co Ltd SHSE:603215
71 GF Score
Price ¥14.05
GF Value ¥24.50
Valuation Possible Value Trap
! 10 Warning Signs
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What is Zhejiang Biyi Electric Appliance Co Research & Development?

Zhejiang Biyi Electric Appliance Co SHSE:603215 -0.92% 71 Research & Development is ¥78 Mil as of Mar. 2026. GuruFocus rates SHSE:603215 with a GF Score™ of 71/100 and a GF Value™ of ¥24.50 (Possible Value Trap). The stock has 10 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Zhejiang Biyi Electric Appliance Co's Research & Development for the three months ended in Mar. 2026 was ¥20 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥78 Mil.

Zhejiang Biyi Electric Appliance Co  (SHSE:603215) 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.

Zhejiang Biyi Electric Appliance Co Research & Development Related Terms

Zhejiang Biyi Electric Appliance Co Research & Development Historical Data

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The historical data trend for Zhejiang Biyi Electric Appliance 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.

Zhejiang Biyi Electric Appliance Co Research & Development Chart

Zhejiang Biyi Electric Appliance Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial 54.75 64.46 64.90 69.45 72.85

Zhejiang Biyi Electric Appliance 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 14.38 17.21 19.82 21.44 19.85
SHSE:603215
71GF Score
Zhejiang Biyi Electric Appliance Co Ltd SHSE:603215
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Biyi Electric Appliance 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 ¥78 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 ¥78 Mil mean?
Zhejiang Biyi Electric Appliance Co (SHSE:603215) has a Research & Development of ¥78 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Zhejiang Biyi Electric Appliance Co and its competitors.
Is Zhejiang Biyi Electric Appliance Co's Research & Development too high?
Zhejiang Biyi Electric Appliance Co's current Research & Development is ¥78 Mil. Overall, Zhejiang Biyi Electric Appliance Co has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Biyi Electric Appliance Co's Research & Development compare to SN and SGI?
Zhejiang Biyi Electric Appliance Co's Research & Development of ¥78 Mil can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Research & Development depends on the Furnishings, Fixtures & Appliances 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 Zhejiang Biyi Electric Appliance Co and its competitors. Zhejiang Biyi Electric Appliance Co's current Research & Development is ¥78 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Biyi Electric Appliance Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Biyi Electric Appliance Co (SHSE:603215) is currently considered Possible Value Trap. The stock's GF Value™ is ¥24.50, compared to a current price of ¥14.05 — trading 42.7% below its estimated fair value. The current Research & Development is ¥78 Mil. Zhejiang Biyi Electric Appliance Co's overall GF Score™ is 71/100 with 10 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 Zhejiang Biyi Electric Appliance Co (SHSE:603215), the current Research & Development is ¥78 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 Zhejiang Biyi Electric Appliance Co (SHSE:603215) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Biyi Electric Appliance Co stock appears to be undervalued. The current stock price of ¥14.05 is trading 42.7% below its estimated GF Value™ of ¥24.50. GuruFocus considers Zhejiang Biyi Electric Appliance Co to be Possible Value Trap.

Key valuation signals for SHSE:603215:

  • Research & Development: ¥78 Mil
  • GF Value™: ¥24.50 vs. price of ¥14.05 (42.7% below fair value)
  • GF Score™: 71/100 with 10 warning signs

No single metric tells the full story. See the SHSE:603215 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Zhejiang Biyi Electric Appliance Co Business Description

Address No. 88, Yuzhaojiang Road, Urban Economic Development Zone, Chengdong New Distric, Ningbo, Zhejiang Province, Yuyao, CHN, 315400
Zhejiang Biyi Electric Appliance Co Ltd is engaged in the design, manufacture and sale of air fryers, air ovens, deep fryers, grillers and other small heating kitchen appliances.
71GF Score

Get the complete analysis for SHSE:603215

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

¥14.05
Price
¥24.50
GF Value