Fortior Technology (Shenzhen) Co (SHSE:688279) Research & Development: ¥171.3 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:688279 Fortior Technology (Shenzhen) Co Ltd SHSE:688279
97 GF Score
Price ¥163.37
GF Value ¥229.27
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Fortior Technology (Shenzhen) Co Research & Development?

Fortior Technology (Shenzhen) Co SHSE:688279 -5.16% 97 Research & Development is ¥171.3 Mil as of Mar. 2026. GuruFocus rates SHSE:688279 with a GF Score™ of 97/100 and a GF Value™ of ¥229.27 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Fortior Technology (Shenzhen) Co's Research & Development for the three months ended in Mar. 2026 was ¥37.3 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥171.3 Mil.


Fortior Technology (Shenzhen) Co  (SHSE:688279) 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.


Fortior Technology (Shenzhen) Co Research & Development Related Terms


Fortior Technology (Shenzhen) Co Research & Development Historical Data

* Premium members only.

The historical data trend for Fortior Technology (Shenzhen) 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.

Fortior Technology (Shenzhen) Co Research & Development Chart

Fortior Technology (Shenzhen) Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial 41.01 63.85 84.67 116.73 169.15

Fortior Technology (Shenzhen) 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 35.09 35.62 38.82 59.62 37.26
SHSE:688279
97GF Score
Fortior Technology (Shenzhen) Co Ltd SHSE:688279
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fortior Technology (Shenzhen) 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 ¥171.3 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 ¥171.3 Mil mean?
Fortior Technology (Shenzhen) Co (SHSE:688279) has a Research & Development of ¥171.3 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Fortior Technology (Shenzhen) Co and its competitors.
Is Fortior Technology (Shenzhen) Co's Research & Development too high?
Fortior Technology (Shenzhen) Co's current Research & Development is ¥171.3 Mil. Overall, Fortior Technology (Shenzhen) Co has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fortior Technology (Shenzhen) Co's Research & Development compare to NVDA and AVGO?
Fortior Technology (Shenzhen) Co's Research & Development of ¥171.3 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 Fortior Technology (Shenzhen) Co and its competitors. Fortior Technology (Shenzhen) Co's current Research & Development is ¥171.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortior Technology (Shenzhen) Co stock overvalued right now?
Based on GuruFocus' analysis, Fortior Technology (Shenzhen) Co (SHSE:688279) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥229.27, compared to a current price of ¥163.37 — trading 28.7% below its estimated fair value. The current Research & Development is ¥171.3 Mil. Fortior Technology (Shenzhen) Co's overall GF Score™ is 97/100 with 6 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 Fortior Technology (Shenzhen) Co (SHSE:688279), the current Research & Development is ¥171.3 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 Fortior Technology (Shenzhen) Co (SHSE:688279) Overvalued in 2026?

Based on GuruFocus' analysis, Fortior Technology (Shenzhen) Co stock appears to be undervalued. The current stock price of ¥163.37 is trading 28.7% below its estimated GF Value™ of ¥229.27. GuruFocus considers Fortior Technology (Shenzhen) Co to be Modestly Undervalued.

Key valuation signals for SHSE:688279:

  • Research & Development: ¥171.3 Mil
  • GF Value™: ¥229.27 vs. price of ¥163.37 (28.7% below fair value)
  • GF Score™: 97/100 with 6 warning signs

No single metric tells the full story. See the SHSE:688279 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fortior Technology (Shenzhen) Co Business Description

Other Exchanges 01304:Hong Kong
Address 1 Keji Central Road 2, Room 203, Building 11, Software Park Phase 2, Gaoxin Central Zone, Nanshan District, Guangdong Province, Shenzhen, CHN, 518000
Fortior Technology (Shenzhen) Co Ltd is principally engaged in the development and commercialization of brushless direct current (BLDC) motor control and drive products and solutions. Geographically, The company generates majority of its revenue from Mainland China.
97GF Score

Get the complete analysis for SHSE:688279

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

¥163.37
Price
¥229.27
GF Value