STO Express Co (SZSE:002468) Research & Development: ¥194 Mil (TTM As of Mar. 2026)

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SZSE:002468 STO Express Co Ltd SZSE:002468
86 GF Score
Price ¥14.19
GF Value ¥15.70
Valuation Modestly Undervalued
! 2 Warning Signs
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What is STO Express Co Research & Development?

STO Express Co SZSE:002468 +0.92% 86 Research & Development is ¥194 Mil as of Mar. 2026. GuruFocus rates SZSE:002468 with a GF Score™ of 86/100 and a GF Value™ of ¥15.70 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. STO Express Co's Research & Development for the three months ended in Mar. 2026 was ¥51 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥194 Mil.

STO Express Co  (SZSE:002468) 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.

STO Express Co Research & Development Related Terms

STO Express Co Research & Development Historical Data

* Premium members only.

The historical data trend for STO Express 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.

STO Express Co Research & Development Chart

STO Express 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 108.32 123.92 167.08 178.20 188.41

STO Express 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 45.58 45.42 48.65 48.76 51.43
SZSE:002468
86GF Score
STO Express Co Ltd SZSE:002468
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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STO Express 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 ¥194 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 ¥194 Mil mean?
STO Express Co (SZSE:002468) has a Research & Development of ¥194 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on STO Express Co and its competitors.
Is STO Express Co's Research & Development too high?
STO Express Co's current Research & Development is ¥194 Mil. Overall, STO Express Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does STO Express Co's Research & Development compare to UPS and FDX?
STO Express Co's Research & Development of ¥194 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Research & Development depends on the Transportation 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 STO Express Co and its competitors. STO Express Co's current Research & Development is ¥194 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is STO Express Co stock overvalued right now?
Based on GuruFocus' analysis, STO Express Co (SZSE:002468) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥15.70, compared to a current price of ¥14.19 — trading 9.6% below its estimated fair value. The current Research & Development is ¥194 Mil. STO Express Co's overall GF Score™ is 86/100 with 2 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 STO Express Co (SZSE:002468), the current Research & Development is ¥194 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 STO Express Co (SZSE:002468) Overvalued in 2026?

Based on GuruFocus' analysis, STO Express Co stock appears to be undervalued. The current stock price of ¥14.19 is trading 9.6% below its estimated GF Value™ of ¥15.70. GuruFocus considers STO Express Co to be Modestly Undervalued.

Key valuation signals for SZSE:002468:

  • Research & Development: ¥194 Mil
  • GF Value™: ¥15.70 vs. price of ¥14.19 (9.6% below fair value)
  • GF Score™: 86/100 with 2 warning signs

No single metric tells the full story. See the SZSE:002468 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

STO Express Co Business Description

Address No. 25, Lane 6598, Beiqing Road, Yibang International Office Building, Qingpu District, Shanghai, CHN, 201706
STO Express is one of the Tongda operators, one of the top four national express delivery companies that adopt the network partner model. Tongda operators provide line-haul transportation, sorting, and waybill services to network partners for fees, while local network partners provide first-mile pickup and last-mile delivery services under the Tongda brands and collect the payments. STO was founded in 1993 by Nie Tengfei. His widow's brother, Chen Dejun, is now chair. The family held over 34% of the company as of Sept. 30, 2024. STO's strategic shareholder is Cainiao Smart Logistics Network with a 25% stake. Alibaba can exercise its share options to purchase an additional 21% of STO from the family before Dec. 27, 2025, at CNY 16.50 per share.
86GF Score

Get the complete analysis for SZSE:002468

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

¥14.19
Price
¥15.70
GF Value