Beijing Bdstar Navigation Co (SZSE:002151) Research & Development: ¥375 Mil (TTM As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SZSE:002151 Beijing Bdstar Navigation Co Ltd SZSE:002151
63 GF Score
Price ¥29.21
GF Value ¥32.23
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Beijing Bdstar Navigation Co Research & Development?

Beijing Bdstar Navigation Co SZSE:002151 +1.39% 63 Research & Development is ¥375 Mil as of Jun. 2026. GuruFocus rates SZSE:002151 with a GF Score™ of 63/100 and a GF Value™ of ¥32.23 (Fairly Valued). The stock has 1 warning sign investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Beijing Bdstar Navigation Co's Research & Development for the three months ended in Jun. 2026 was ¥84 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2026 was ¥375 Mil.


Beijing Bdstar Navigation Co  (SZSE:002151) 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.


Beijing Bdstar Navigation Co Research & Development Related Terms


Beijing Bdstar Navigation Co Research & Development Historical Data

* Premium members only.

The historical data trend for Beijing Bdstar Navigation 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.

Beijing Bdstar Navigation Co Research & Development Chart

Beijing Bdstar Navigation 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 256.60 406.57 455.62 310.78 354.90

Beijing Bdstar Navigation Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 84.18 84.10 120.15 87.05 83.81
SZSE:002151
63GF Score
Beijing Bdstar Navigation Co Ltd SZSE:002151
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Beijing Bdstar Navigation 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥375 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 ¥375 Mil mean?
Beijing Bdstar Navigation Co (SZSE:002151) has a Research & Development of ¥375 Mil as of Jun. 2026. Research and development expense is the total cost for research and development activities. View historical data on Beijing Bdstar Navigation Co and its competitors.
Is Beijing Bdstar Navigation Co's Research & Development too high?
Beijing Bdstar Navigation Co's current Research & Development is ¥375 Mil. Overall, Beijing Bdstar Navigation Co has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Beijing Bdstar Navigation Co's Research & Development compare to GRMN and COHR?
Beijing Bdstar Navigation Co's Research & Development of ¥375 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 Beijing Bdstar Navigation Co and its competitors. Beijing Bdstar Navigation Co's current Research & Development is ¥375 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing Bdstar Navigation Co stock overvalued right now?
Based on GuruFocus' analysis, Beijing Bdstar Navigation Co (SZSE:002151) is currently considered Fairly Valued. The stock's GF Value™ is ¥32.23, compared to a current price of ¥29.21 — trading 9.4% below its estimated fair value. The current Research & Development is ¥375 Mil. Beijing Bdstar Navigation Co's overall GF Score™ is 63/100 with 1 warning sign 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 Beijing Bdstar Navigation Co (SZSE:002151), the current Research & Development is ¥375 Mil as of Jun. 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 Beijing Bdstar Navigation Co (SZSE:002151) Overvalued in 2026?

Based on GuruFocus' analysis, Beijing Bdstar Navigation Co stock appears to be undervalued. The current stock price of ¥29.21 is trading 9.4% below its estimated GF Value™ of ¥32.23. GuruFocus considers Beijing Bdstar Navigation Co to be Fairly Valued.

Key valuation signals for SZSE:002151:

  • Research & Development: ¥375 Mil
  • GF Value™: ¥32.23 vs. price of ¥29.21 (9.4% below fair value)
  • GF Score™: 63/100 with 1 warning sign

No single metric tells the full story. See the SZSE:002151 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Beijing Bdstar Navigation Co Business Description

Address No.7, Fengxian east road, Yongfeng industrial base, Haidian District, Beijing, CHN, 100094
Beijing Bdstar Navigation Co Ltd operates in the satellite navigation industry. The company provides navigation and positioning products, solutions and services for users around the world. Its product line consists of fundamental products, automotive electronics, and specialized application. Bdstar's fundamental product line focuses on the development, application, and promotion of navigation positioning chips, modules, boards, antennas and MWDC components. Bdstar's automotive electronics include infotainment system, reconfigurable instrument cluster, display audio, and radios. In addition, the company also provides industry application and operational services.
63GF Score

Get the complete analysis for SZSE:002151

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

¥29.21
Price
¥32.23
GF Value