Nanjing CIGU Technology (SHSE:688448) Research & Development: ¥49.5 Mil (TTM As of Mar. 2026)

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SHSE:688448 Nanjing CIGU Technology Corp Ltd SHSE:688448
68 GF Score
Price ¥47.69
GF Value ¥25.28
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Nanjing CIGU Technology Research & Development?

Nanjing CIGU Technology SHSE:688448 -10.51% 68 Research & Development is ¥49.5 Mil as of Mar. 2026. GuruFocus rates SHSE:688448 with a GF Score™ of 68/100 and a GF Value™ of ¥25.28 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Nanjing CIGU Technology's Research & Development for the three months ended in Mar. 2026 was ¥9.1 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥49.5 Mil.

Nanjing CIGU Technology  (SHSE:688448) 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.

Nanjing CIGU Technology Research & Development Related Terms

Nanjing CIGU Technology Research & Development Historical Data

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The historical data trend for Nanjing CIGU Technology'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.

Nanjing CIGU Technology Research & Development Chart

Nanjing CIGU Technology Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial 24.23 34.85 40.33 43.87 49.98

Nanjing CIGU Technology 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 9.63 11.23 13.02 16.10 9.12
SHSE:688448
68GF Score
Nanjing CIGU Technology Corp Ltd SHSE:688448
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Nanjing CIGU Technology 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 ¥49.5 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 ¥49.5 Mil mean?
Nanjing CIGU Technology (SHSE:688448) has a Research & Development of ¥49.5 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Nanjing CIGU Technology and its competitors.
Is Nanjing CIGU Technology's Research & Development too high?
Nanjing CIGU Technology's current Research & Development is ¥49.5 Mil. Overall, Nanjing CIGU Technology has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nanjing CIGU Technology's Research & Development compare to GEV and ETN?
Nanjing CIGU Technology's Research & Development of ¥49.5 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Research & Development depends on the Industrial Products 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 Nanjing CIGU Technology and its competitors. Nanjing CIGU Technology's current Research & Development is ¥49.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nanjing CIGU Technology stock overvalued right now?
Based on GuruFocus' analysis, Nanjing CIGU Technology (SHSE:688448) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥25.28, compared to a current price of ¥47.69 — trading 88.6% above its estimated fair value. The current Research & Development is ¥49.5 Mil. Nanjing CIGU Technology's overall GF Score™ is 68/100 with 5 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 Nanjing CIGU Technology (SHSE:688448), the current Research & Development is ¥49.5 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 Nanjing CIGU Technology (SHSE:688448) Overvalued in 2026?

Based on GuruFocus' analysis, Nanjing CIGU Technology stock appears to be overvalued. The current stock price of ¥47.69 is trading 88.6% above its estimated GF Value™ of ¥25.28. GuruFocus considers Nanjing CIGU Technology to be Significantly Overvalued.

Key valuation signals for SHSE:688448:

  • Research & Development: ¥49.5 Mil
  • GF Value™: ¥25.28 vs. price of ¥47.69 (88.6% above fair value)
  • GF Score™: 68/100 with 5 warning signs

No single metric tells the full story. See the SHSE:688448 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nanjing CIGU Technology Business Description

Address No. 99, Jinxin Middle Road, Jiangsu Province (Jiangning Development Zone), iangning District, Nanjing, CHN, 211000
Nanjing CIGU Technology Corp Ltd is engaged in the research and development, production, and sales of magnetic levitation fluid machinery and magnetic levitation bearings, high-speed motors, high-speed drives, and other core components.
68GF Score

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

¥47.69
Price
¥25.28
GF Value