Xgimi Tech Co (SHSE:688696) Research & Development: ¥401 Mil (TTM As of Mar. 2026)


SHSE:688696 Xgimi Tech Co Ltd SHSE:688696
65 GF Score
Price ¥63.58
GF Value ¥109.77
Valuation Significantly Undervalued
! 8 Warning Signs
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What is Xgimi Tech Co Research & Development?

Xgimi Tech Co SHSE:688696 +2.22% 65 Research & Development is ¥401 Mil as of Mar. 2026. GuruFocus rates SHSE:688696 with a GF Score™ of 65/100 and a GF Value™ of ¥109.77 (Significantly Undervalued). The stock has 8 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Xgimi Tech Co's Research & Development for the three months ended in Mar. 2026 was ¥90 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥401 Mil.

Xgimi Tech Co  (SHSE:688696) 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.

Xgimi Tech Co Research & Development Related Terms

Xgimi Tech Co Research & Development Historical Data

* Premium members only.

The historical data trend for Xgimi Tech 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.

Xgimi Tech Co Research & Development Chart

Xgimi Tech Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only 262.88 377.20 381.27 367.65 400.39

Xgimi Tech 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 89.58 107.88 98.71 104.23 90.14
SHSE:688696
65GF Score
Xgimi Tech Co Ltd SHSE:688696
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Xgimi Tech 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 ¥401 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 ¥401 Mil mean?
Xgimi Tech Co (SHSE:688696) has a Research & Development of ¥401 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Xgimi Tech Co and its competitors.
Is Xgimi Tech Co's Research & Development too high?
Xgimi Tech Co's current Research & Development is ¥401 Mil. Overall, Xgimi Tech Co has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Xgimi Tech Co's Research & Development compare to AAPL?
Xgimi Tech Co's Research & Development of ¥401 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Research & Development depends on the Hardware 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 Xgimi Tech Co and its competitors. Xgimi Tech Co's current Research & Development is ¥401 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xgimi Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Xgimi Tech Co (SHSE:688696) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥109.77, compared to a current price of ¥63.58 — trading 42.1% below its estimated fair value. The current Research & Development is ¥401 Mil. Xgimi Tech Co's overall GF Score™ is 65/100 with 8 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 Xgimi Tech Co (SHSE:688696), the current Research & Development is ¥401 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 Xgimi Tech Co (SHSE:688696) Overvalued in 2026?

Based on GuruFocus' analysis, Xgimi Tech Co stock appears to be undervalued. The current stock price of ¥63.58 is trading 42.1% below its estimated GF Value™ of ¥109.77. GuruFocus considers Xgimi Tech Co to be Significantly Undervalued.

Key valuation signals for SHSE:688696:

  • Research & Development: ¥401 Mil
  • GF Value™: ¥109.77 vs. price of ¥63.58 (42.1% below fair value)
  • GF Score™: 65/100 with 8 warning signs

No single metric tells the full story. See the SHSE:688696 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Xgimi Tech Co Business Description

Address No. 1129, Century City Road, High-tech Zone, China (Sichuan) Pilot Free Trade Zone, Building 4, Area A, Tianfu Software Park, Chengdu, CHN, 610000
Xgimi Tech Co Ltd focuses on research and development, manufacturing, and sales of smart projection products. It offers consumers related accessories and internet value-added services centered around smart projection technology. Its business activities include software development, technical consulting, and technology transfer, enabling ongoing innovation and product enhancement. The company produces computer software, hardware, and peripheral equipment, alongside manufacturing smart home consumer electronics.
65GF Score

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

¥63.58
Price
¥109.77
GF Value