Guizhou Zhenhua Fengguang Semiconductor Co (SHSE:688439) Research & Development: ¥169.7 Mil (TTM As of Mar. 2026)


SHSE:688439 Guizhou Zhenhua Fengguang Semiconductor Co Ltd SHSE:688439
85 GF Score
Price ¥46.02
GF Value ¥46.20
Valuation Fairly Valued
! 11 Warning Signs
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What is Guizhou Zhenhua Fengguang Semiconductor Co Research & Development?

Guizhou Zhenhua Fengguang Semiconductor Co SHSE:688439 +0.35% 85 Research & Development is ¥169.7 Mil as of Mar. 2026. GuruFocus rates SHSE:688439 with a GF Score™ of 85/100 and a GF Value™ of ¥46.20 (Fairly Valued). The stock has 11 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Guizhou Zhenhua Fengguang Semiconductor Co's Research & Development for the three months ended in Mar. 2026 was ¥30.1 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥169.7 Mil.

Guizhou Zhenhua Fengguang Semiconductor Co  (SHSE:688439) 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.

Guizhou Zhenhua Fengguang Semiconductor Co Research & Development Related Terms

Guizhou Zhenhua Fengguang Semiconductor Co Research & Development Historical Data

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The historical data trend for Guizhou Zhenhua Fengguang Semiconductor 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.

Guizhou Zhenhua Fengguang Semiconductor Co Research & Development Chart

Guizhou Zhenhua Fengguang Semiconductor Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial 46.74 88.09 153.05 143.96 171.65

Guizhou Zhenhua Fengguang Semiconductor 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 32.05 44.94 33.31 61.36 30.07
SHSE:688439
85GF Score
Guizhou Zhenhua Fengguang Semiconductor Co Ltd SHSE:688439
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Guizhou Zhenhua Fengguang Semiconductor 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 ¥169.7 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 ¥169.7 Mil mean?
Guizhou Zhenhua Fengguang Semiconductor Co (SHSE:688439) has a Research & Development of ¥169.7 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Guizhou Zhenhua Fengguang Semiconductor Co and its competitors.
Is Guizhou Zhenhua Fengguang Semiconductor Co's Research & Development too high?
Guizhou Zhenhua Fengguang Semiconductor Co's current Research & Development is ¥169.7 Mil. Overall, Guizhou Zhenhua Fengguang Semiconductor Co has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Guizhou Zhenhua Fengguang Semiconductor Co's Research & Development compare to NVDA and AVGO?
Guizhou Zhenhua Fengguang Semiconductor Co's Research & Development of ¥169.7 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 Guizhou Zhenhua Fengguang Semiconductor Co and its competitors. Guizhou Zhenhua Fengguang Semiconductor Co's current Research & Development is ¥169.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guizhou Zhenhua Fengguang Semiconductor Co stock overvalued right now?
Based on GuruFocus' analysis, Guizhou Zhenhua Fengguang Semiconductor Co (SHSE:688439) is currently considered Fairly Valued. The stock's GF Value™ is ¥46.20, compared to a current price of ¥46.02 — trading 0.4% below its estimated fair value. The current Research & Development is ¥169.7 Mil. Guizhou Zhenhua Fengguang Semiconductor Co's overall GF Score™ is 85/100 with 11 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 Guizhou Zhenhua Fengguang Semiconductor Co (SHSE:688439), the current Research & Development is ¥169.7 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 Guizhou Zhenhua Fengguang Semiconductor Co (SHSE:688439) Overvalued in 2026?

Based on GuruFocus' analysis, Guizhou Zhenhua Fengguang Semiconductor Co stock appears to be undervalued. The current stock price of ¥46.02 is trading 0.4% below its estimated GF Value™ of ¥46.20. GuruFocus considers Guizhou Zhenhua Fengguang Semiconductor Co to be Fairly Valued.

Key valuation signals for SHSE:688439:

  • Research & Development: ¥169.7 Mil
  • GF Value™: ¥46.20 vs. price of ¥46.02 (0.4% below fair value)
  • GF Score™: 85/100 with 11 warning signs

No single metric tells the full story. See the SHSE:688439 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Guizhou Zhenhua Fengguang Semiconductor Co Business Description

Address No. 238, North Section of Xintian Avenue, Wudang District, Guizhou Province, Guiyang, CHN, 550018
Guizhou Zhenhua Fengguang Semiconductor Co Ltd is engaged in the design, packaging, testing, and sales of high-reliability integrated circuits.
85GF Score

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

¥46.02
Price
¥46.20
GF Value