Linkage Software Co (SHSE:688588) Research & Development: ¥84 Mil (TTM As of Mar. 2026)


SHSE:688588 Linkage Software Co Ltd SHSE:688588
77 GF Score
Price ¥8.98
GF Value ¥14.68
Valuation Significantly Undervalued
! 6 Warning Signs
View Full Analysis

What is Linkage Software Co Research & Development?

Linkage Software Co SHSE:688588 -0.88% 77 Research & Development is ¥84 Mil as of Mar. 2026. GuruFocus rates SHSE:688588 with a GF Score™ of 77/100 and a GF Value™ of ¥14.68 (Significantly Undervalued). The stock has 6 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Linkage Software Co's Research & Development for the three months ended in Mar. 2026 was ¥21 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥84 Mil.

Linkage Software Co  (SHSE:688588) 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.

Linkage Software Co Research & Development Related Terms

Linkage Software Co Research & Development Historical Data

* Premium members only.

The historical data trend for Linkage Software 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.

Linkage Software Co Research & Development Chart

Linkage Software Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.58 64.24 68.96 68.84 82.93

Linkage Software 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 20.64 19.75 21.82 20.73 21.29
SHSE:688588
77GF Score
Linkage Software Co Ltd SHSE:688588
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Linkage Software 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 ¥84 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 ¥84 Mil mean?
Linkage Software Co (SHSE:688588) has a Research & Development of ¥84 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Linkage Software Co and its competitors.
Is Linkage Software Co's Research & Development too high?
Linkage Software Co's current Research & Development is ¥84 Mil. Overall, Linkage Software Co has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Linkage Software Co's Research & Development compare to UBER and SHOP?
Linkage Software Co's Research & Development of ¥84 Mil can be compared against companies in the Software 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 Software company?
A good Research & Development depends on the Software 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 Linkage Software Co and its competitors. Linkage Software Co's current Research & Development is ¥84 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Linkage Software Co stock overvalued right now?
Based on GuruFocus' analysis, Linkage Software Co (SHSE:688588) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥14.68, compared to a current price of ¥8.98 — trading 38.8% below its estimated fair value. The current Research & Development is ¥84 Mil. Linkage Software Co's overall GF Score™ is 77/100 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 Linkage Software Co (SHSE:688588), the current Research & Development is ¥84 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 Linkage Software Co (SHSE:688588) Overvalued in 2026?

Based on GuruFocus' analysis, Linkage Software Co stock appears to be undervalued. The current stock price of ¥8.98 is trading 38.8% below its estimated GF Value™ of ¥14.68. GuruFocus considers Linkage Software Co to be Significantly Undervalued.

Key valuation signals for SHSE:688588:

  • Research & Development: ¥84 Mil
  • GF Value™: ¥14.68 vs. price of ¥8.98 (38.8% below fair value)
  • GF Score™: 77/100 with 6 warning signs

No single metric tells the full story. See the SHSE:688588 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Linkage Software Co Business Description

Address No. 96, Qitai Road, Suzhou Industrial Park, Lingzhi Building, Jiangsu Province, Suzhou, CHN, 215123
Linkage Software Co Ltd is a financial software solution provider. The company is committed to the application of emerging technologies in the financial industry, providing customers with a full range of software services such as consulting, design, development, and maintenance. It provides software services in the fields of securities, insurance, banking, trust, and asset management. It uses various technologies such as cloud computing, big data, and artificial intelligence.
77GF Score

Get the complete analysis for SHSE:688588

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

¥8.98
Price
¥14.68
GF Value