Biwin Storage Technology Co (SHSE:688525) Research & Development: ¥665 Mil (TTM As of Mar. 2026)

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SHSE:688525 Biwin Storage Technology Co Ltd SHSE:688525
74 GF Score
Price ¥236.38
GF Value ¥223.67
Valuation Fairly Valued
! 6 Warning Signs
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What is Biwin Storage Technology Co Research & Development?

Biwin Storage Technology Co SHSE:688525 -5.60% 74 Research & Development is ¥665 Mil as of Mar. 2026. GuruFocus rates SHSE:688525 with a GF Score™ of 74/100 and a GF Value™ of ¥223.67 (Fairly Valued). The stock has 6 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Biwin Storage Technology Co's Research & Development for the three months ended in Mar. 2026 was ¥156 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥665 Mil.

Biwin Storage Technology Co  (SHSE:688525) 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.

Biwin Storage Technology Co Research & Development Related Terms

Biwin Storage Technology Co Research & Development Historical Data

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The historical data trend for Biwin Storage 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.

Biwin Storage Technology Co Research & Development Chart

Biwin Storage Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial 106.87 126.40 249.98 447.43 632.38

Biwin Storage Technology 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 122.94 149.99 137.01 222.45 155.86
SHSE:688525
74GF Score
Biwin Storage Technology Co Ltd SHSE:688525
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Biwin Storage 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 ¥665 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 ¥665 Mil mean?
Biwin Storage Technology Co (SHSE:688525) has a Research & Development of ¥665 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Biwin Storage Technology Co and its competitors.
Is Biwin Storage Technology Co's Research & Development too high?
Biwin Storage Technology Co's current Research & Development is ¥665 Mil. Overall, Biwin Storage Technology Co has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Biwin Storage Technology Co's Research & Development compare to NVDA and AVGO?
Biwin Storage Technology Co's Research & Development of ¥665 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 Biwin Storage Technology Co and its competitors. Biwin Storage Technology Co's current Research & Development is ¥665 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Biwin Storage Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Biwin Storage Technology Co (SHSE:688525) is currently considered Fairly Valued. The stock's GF Value™ is ¥223.67, compared to a current price of ¥236.38 — trading 5.7% above its estimated fair value. The current Research & Development is ¥665 Mil. Biwin Storage Technology Co's overall GF Score™ is 74/100 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 Biwin Storage Technology Co (SHSE:688525), the current Research & Development is ¥665 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 Biwin Storage Technology Co (SHSE:688525) Overvalued in 2026?

Based on GuruFocus' analysis, Biwin Storage Technology Co stock appears to be overvalued. The current stock price of ¥236.38 is trading 5.7% above its estimated GF Value™ of ¥223.67. GuruFocus considers Biwin Storage Technology Co to be Fairly Valued.

Key valuation signals for SHSE:688525:

  • Research & Development: ¥665 Mil
  • GF Value™: ¥223.67 vs. price of ¥236.38 (5.7% above fair value)
  • GF Score™: 74/100 with 6 warning signs

No single metric tells the full story. See the SHSE:688525 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Biwin Storage Technology Co Business Description

Address No. 1213, Liuxian Avenue, Taoyuan Street, Floor 1-3, Building 4, Building 4, Zone 2, Zhongguan Honghualing Industrial South District, Pingshan Community, Nanshan District, Guangdong, Shenzhen, CHN, 518055
Biwin Storage Technology Co Ltd focuses on the research and development and packaging and testing of memory chips. The company integrates storage medium characteristic research, firmware algorithm development, storage chip advanced packaging, storage chip test equipment R&D and algorithm development, brand operation and others. Its memory chip products are widely used in mobile smart terminals, PCs, industry terminals, data centers, smart cars, mobile storage and other information technology fields.
74GF Score

Get the complete analysis for SHSE:688525

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

¥236.38
Price
¥223.67
GF Value