Beijing United Information Technology Co (SHSE:603613) Research & Development: ¥190 Mil (TTM As of Mar. 2026)


SHSE:603613 Beijing United Information Technology Co Ltd SHSE:603613
88 GF Score
Price ¥18.21
GF Value ¥25.63
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Beijing United Information Technology Co Research & Development?

Beijing United Information Technology Co SHSE:603613 +1.05% 88 Research & Development is ¥190 Mil as of Mar. 2026. GuruFocus rates SHSE:603613 with a GF Score™ of 88/100 and a GF Value™ of ¥25.63 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Beijing United Information Technology Co's Research & Development for the three months ended in Mar. 2026 was ¥21 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥190 Mil.

Beijing United Information Technology Co  (SHSE:603613) 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.

Beijing United Information Technology Co Research & Development Related Terms

Beijing United Information Technology Co Research & Development Historical Data

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The historical data trend for Beijing United Information Technology 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.

Beijing United Information Technology Co Research & Development Chart

Beijing United Information Technology 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 66.65 132.53 201.96 112.69 204.97

Beijing United Information Technology 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 35.88 16.79 10.91 141.40 21.13
SHSE:603613
88GF Score
Beijing United Information Technology Co Ltd SHSE:603613
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Beijing United Information Technology 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 ¥190 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 ¥190 Mil mean?
Beijing United Information Technology Co (SHSE:603613) has a Research & Development of ¥190 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Beijing United Information Technology Co and its competitors.
Is Beijing United Information Technology Co's Research & Development too high?
Beijing United Information Technology Co's current Research & Development is ¥190 Mil. Overall, Beijing United Information Technology Co has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Beijing United Information Technology Co's Research & Development compare to IBM and ACN?
Beijing United Information Technology Co's Research & Development of ¥190 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 Beijing United Information Technology Co and its competitors. Beijing United Information Technology Co's current Research & Development is ¥190 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing United Information Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Beijing United Information Technology Co (SHSE:603613) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥25.63, compared to a current price of ¥18.21 — trading 29% below its estimated fair value. The current Research & Development is ¥190 Mil. Beijing United Information Technology Co's overall GF Score™ is 88/100 with 2 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 Beijing United Information Technology Co (SHSE:603613), the current Research & Development is ¥190 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 Beijing United Information Technology Co (SHSE:603613) Overvalued in 2026?

Based on GuruFocus' analysis, Beijing United Information Technology Co stock appears to be undervalued. The current stock price of ¥18.21 is trading 29% below its estimated GF Value™ of ¥25.63. GuruFocus considers Beijing United Information Technology Co to be Modestly Undervalued.

Key valuation signals for SHSE:603613:

  • Research & Development: ¥190 Mil
  • GF Value™: ¥25.63 vs. price of ¥18.21 (29% below fair value)
  • GF Score™: 88/100 with 2 warning signs

No single metric tells the full story. See the SHSE:603613 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Beijing United Information Technology Co Business Description

Address No. 1, Shangdi Information Road, Building 703, Building 1, Haidian District, Beijing, CHN
Beijing United Information Technology Co Ltd operates business to business e-commerce platform. The company provides online commodity trading, commercial information services, and Internet technology for industrial products and raw materials for related industries. It also provides online commodity trading services for upstream and downstream industries such as coating chemicals, sanitary products, and glass, including self-operated e-commerce, third-party e-commerce, and SaaS services.
88GF Score

Get the complete analysis for SHSE:603613

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

¥18.21
Price
¥25.63
GF Value