Traffic Control Technology Co (SHSE:688015) Research & Development: ¥302 Mil (TTM As of Mar. 2026)

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SHSE:688015 Traffic Control Technology Co Ltd SHSE:688015
63 GF Score
Price ¥15.75
GF Value ¥22.82
Valuation Possible Value Trap
! 4 Warning Signs
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What is Traffic Control Technology Co Research & Development?

Traffic Control Technology Co SHSE:688015 -0.13% 63 Research & Development is ¥302 Mil as of Mar. 2026. GuruFocus rates SHSE:688015 with a GF Score™ of 63/100 and a GF Value™ of ¥22.82 (Possible Value Trap). The stock has 4 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Traffic Control Technology Co's Research & Development for the three months ended in Mar. 2026 was ¥60 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥302 Mil.

Traffic Control Technology Co  (SHSE:688015) 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.

Traffic Control Technology Co Research & Development Related Terms

Traffic Control Technology Co Research & Development Historical Data

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The historical data trend for Traffic Control 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.

Traffic Control Technology Co Research & Development Chart

Traffic Control 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 271.73 304.83 281.42 266.72 301.78

Traffic Control 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 59.86 57.66 82.04 102.22 60.14
SHSE:688015
63GF Score
Traffic Control Technology Co Ltd SHSE:688015
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Traffic Control 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 ¥302 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 ¥302 Mil mean?
Traffic Control Technology Co (SHSE:688015) has a Research & Development of ¥302 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Traffic Control Technology Co and its competitors.
Is Traffic Control Technology Co's Research & Development too high?
Traffic Control Technology Co's current Research & Development is ¥302 Mil. Overall, Traffic Control Technology Co has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Traffic Control Technology Co's Research & Development compare to CSCO and CIEN?
Traffic Control Technology Co's Research & Development of ¥302 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Research & Development depends on the Hardware 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 Traffic Control Technology Co and its competitors. Traffic Control Technology Co's current Research & Development is ¥302 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Traffic Control Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Traffic Control Technology Co (SHSE:688015) is currently considered Possible Value Trap. The stock's GF Value™ is ¥22.82, compared to a current price of ¥15.75 — trading 31% below its estimated fair value. The current Research & Development is ¥302 Mil. Traffic Control Technology Co's overall GF Score™ is 63/100 with 4 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 Traffic Control Technology Co (SHSE:688015), the current Research & Development is ¥302 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 Traffic Control Technology Co (SHSE:688015) Overvalued in 2026?

Based on GuruFocus' analysis, Traffic Control Technology Co stock appears to be undervalued. The current stock price of ¥15.75 is trading 31% below its estimated GF Value™ of ¥22.82. GuruFocus considers Traffic Control Technology Co to be Possible Value Trap.

Key valuation signals for SHSE:688015:

  • Research & Development: ¥302 Mil
  • GF Value™: ¥22.82 vs. price of ¥15.75 (31% below fair value)
  • GF Score™: 63/100 with 4 warning signs

No single metric tells the full story. See the SHSE:688015 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Traffic Control Technology Co Business Description

Address No. 3 Zhicheng North Street, Room 101, 1st Floor, Building 1, Jiaokong Building, Fengtai District, Beijing, CHN, 100070
Traffic Control Technology Co Ltd is committed towards providing telecom signal system solutions and full lifecycle services for improved rail transit. It covers communications-based train control systems, interoperable systems compatible with multiple signal systems, GOA4 level fully automatic operation system and various others.
63GF Score

Get the complete analysis for SHSE:688015

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

¥15.75
Price
¥22.82
GF Value