Southchip Semiconductor Technology (Shanghai) Co (SHSE:688484) Research & Development: ¥702 Mil (TTM As of Mar. 2026)


SHSE:688484 Southchip Semiconductor Technology (Shanghai) Co Ltd SHSE:688484
60 GF Score
Price ¥42.80
GF Value ¥66.02
Valuation Possible Value Trap
! 4 Warning Signs
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What is Southchip Semiconductor Technology (Shanghai) Co Research & Development?

Southchip Semiconductor Technology (Shanghai) Co SHSE:688484 -3.32% 60 Research & Development is ¥702 Mil as of Mar. 2026. GuruFocus rates SHSE:688484 with a GF Score™ of 60/100 and a GF Value™ of ¥66.02 (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. Southchip Semiconductor Technology (Shanghai) Co's Research & Development for the three months ended in Mar. 2026 was ¥179 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥702 Mil.

Southchip Semiconductor Technology (Shanghai) Co  (SHSE:688484) 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.

Southchip Semiconductor Technology (Shanghai) Co Research & Development Related Terms

Southchip Semiconductor Technology (Shanghai) Co Research & Development Historical Data

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The historical data trend for Southchip Semiconductor Technology (Shanghai) 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.

Southchip Semiconductor Technology (Shanghai) Co Research & Development Chart

Southchip Semiconductor Technology (Shanghai) Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial 93.59 186.30 292.52 436.58 647.15

Southchip Semiconductor Technology (Shanghai) Co Quarterly Data
Dec20 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 123.77 158.69 176.45 188.25 178.87
SHSE:688484
60GF Score
Southchip Semiconductor Technology (Shanghai) Co Ltd SHSE:688484
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Southchip Semiconductor Technology (Shanghai) 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 ¥702 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 ¥702 Mil mean?
Southchip Semiconductor Technology (Shanghai) Co (SHSE:688484) has a Research & Development of ¥702 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Southchip Semiconductor Technology (Shanghai) Co and its competitors.
Is Southchip Semiconductor Technology (Shanghai) Co's Research & Development too high?
Southchip Semiconductor Technology (Shanghai) Co's current Research & Development is ¥702 Mil. Overall, Southchip Semiconductor Technology (Shanghai) Co has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Southchip Semiconductor Technology (Shanghai) Co's Research & Development compare to NVDA and AVGO?
Southchip Semiconductor Technology (Shanghai) Co's Research & Development of ¥702 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 Southchip Semiconductor Technology (Shanghai) Co and its competitors. Southchip Semiconductor Technology (Shanghai) Co's current Research & Development is ¥702 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southchip Semiconductor Technology (Shanghai) Co stock overvalued right now?
Based on GuruFocus' analysis, Southchip Semiconductor Technology (Shanghai) Co (SHSE:688484) is currently considered Possible Value Trap. The stock's GF Value™ is ¥66.02, compared to a current price of ¥42.80 — trading 35.2% below its estimated fair value. The current Research & Development is ¥702 Mil. Southchip Semiconductor Technology (Shanghai) Co's overall GF Score™ is 60/100 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 Southchip Semiconductor Technology (Shanghai) Co (SHSE:688484), the current Research & Development is ¥702 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 Southchip Semiconductor Technology (Shanghai) Co (SHSE:688484) Overvalued in 2026?

Based on GuruFocus' analysis, Southchip Semiconductor Technology (Shanghai) Co stock appears to be undervalued. The current stock price of ¥42.80 is trading 35.2% below its estimated GF Value™ of ¥66.02. GuruFocus considers Southchip Semiconductor Technology (Shanghai) Co to be Possible Value Trap.

Key valuation signals for SHSE:688484:

  • Research & Development: ¥702 Mil
  • GF Value™: ¥66.02 vs. price of ¥42.80 (35.2% below fair value)
  • GF Score™: 60/100 with 4 warning signs

No single metric tells the full story. See the SHSE:688484 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Southchip Semiconductor Technology (Shanghai) Co Business Description

Address Room 1601, No. 54, Lane 565, Shengxia Road, China (Shanghai) Pilot Free Trade Zone (Building 4, Pilot Free Trade Zone, Shanghai, CHN, 201210
Southchip Semiconductor Technology (Shanghai) Co Ltd is engaged in the R&D, design and sales of analog and embedded chips, power and battery management. The company's products include Automotive Products, DC-DC Converters, AC-DC Converters, USB Type-C & Power Delivery, PMIC, Charging Management, and Battery Management Solution. It provides solutions to automotive industry, industrial control and consumer electronics.
60GF Score

Get the complete analysis for SHSE:688484

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

¥42.80
Price
¥66.02
GF Value