Vanchip (Tianjin) Technology Co (SHSE:688153) Research & Development: ¥426 Mil (TTM As of Mar. 2026)


SHSE:688153 Vanchip (Tianjin) Technology Co Ltd SHSE:688153
72 GF Score
Price ¥29.78
GF Value ¥40.20
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Vanchip (Tianjin) Technology Co Research & Development?

Vanchip (Tianjin) Technology Co SHSE:688153 -0.90% 72 Research & Development is ¥426 Mil as of Mar. 2026. GuruFocus rates SHSE:688153 with a GF Score™ of 72/100 and a GF Value™ of ¥40.20 (Modestly Undervalued). The stock has 1 warning sign investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Vanchip (Tianjin) Technology Co's Research & Development for the three months ended in Mar. 2026 was ¥111 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥426 Mil.

Vanchip (Tianjin) Technology Co  (SHSE:688153) 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.

Vanchip (Tianjin) Technology Co Research & Development Related Terms

Vanchip (Tianjin) Technology Co Research & Development Historical Data

* Premium members only.

The historical data trend for Vanchip (Tianjin) 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.

Vanchip (Tianjin) Technology Co Research & Development Chart

Vanchip (Tianjin) Technology Co Annual Data
Trend Dec14 Dec15 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 467.03 461.95 452.64 437.97 416.34

Vanchip (Tianjin) 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 101.28 101.44 102.49 111.13 111.04
SHSE:688153
72GF Score
Vanchip (Tianjin) Technology Co Ltd SHSE:688153
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vanchip (Tianjin) 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 ¥426 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 ¥426 Mil mean?
Vanchip (Tianjin) Technology Co (SHSE:688153) has a Research & Development of ¥426 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Vanchip (Tianjin) Technology Co and its competitors.
Is Vanchip (Tianjin) Technology Co's Research & Development too high?
Vanchip (Tianjin) Technology Co's current Research & Development is ¥426 Mil. Overall, Vanchip (Tianjin) Technology Co has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vanchip (Tianjin) Technology Co's Research & Development compare to NVDA and AVGO?
Vanchip (Tianjin) Technology Co's Research & Development of ¥426 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Research & Development depends on the Semiconductors 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 Vanchip (Tianjin) Technology Co and its competitors. Vanchip (Tianjin) Technology Co's current Research & Development is ¥426 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vanchip (Tianjin) Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Vanchip (Tianjin) Technology Co (SHSE:688153) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥40.20, compared to a current price of ¥29.78 — trading 25.9% below its estimated fair value. The current Research & Development is ¥426 Mil. Vanchip (Tianjin) Technology Co's overall GF Score™ is 72/100 with 1 warning sign 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 Vanchip (Tianjin) Technology Co (SHSE:688153), the current Research & Development is ¥426 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 Vanchip (Tianjin) Technology Co (SHSE:688153) Overvalued in 2026?

Based on GuruFocus' analysis, Vanchip (Tianjin) Technology Co stock appears to be undervalued. The current stock price of ¥29.78 is trading 25.9% below its estimated GF Value™ of ¥40.20. GuruFocus considers Vanchip (Tianjin) Technology Co to be Modestly Undervalued.

Key valuation signals for SHSE:688153:

  • Research & Development: ¥426 Mil
  • GF Value™: ¥40.20 vs. price of ¥29.78 (25.9% below fair value)
  • GF Score™: 72/100 with 1 warning sign

No single metric tells the full story. See the SHSE:688153 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Vanchip (Tianjin) Technology Co Business Description

Address No. 19, Xinhuan West Road, Room 2701-3, Building 2, Development Zone, Tianjin, CHN, 300457
Vanchip (Tianjin) Technology Co Ltd is engaged in the research and development, design and sales of RF front-end chips.
72GF Score

Get the complete analysis for SHSE:688153

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

¥29.78
Price
¥40.20
GF Value