Focus Lightings Tech Co (SZSE:300708) Research & Development: ¥123 Mil (TTM As of Jun. 2026)

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SZSE:300708 Focus Lightings Tech Co Ltd SZSE:300708
83 GF Score
Price ¥7.73
GF Value ¥6.75
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Focus Lightings Tech Co Research & Development?

Focus Lightings Tech Co SZSE:300708 -0.13% 83 Research & Development is ¥123 Mil as of Jun. 2026. GuruFocus rates SZSE:300708 with a GF Score™ of 83/100 and a GF Value™ of ¥6.75 (Modestly Overvalued). The stock has 9 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Focus Lightings Tech Co's Research & Development for the three months ended in Jun. 2026 was ¥27 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2026 was ¥123 Mil.

Focus Lightings Tech Co  (SZSE:300708) 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.

Focus Lightings Tech Co Research & Development Related Terms

Focus Lightings Tech Co Research & Development Historical Data

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The historical data trend for Focus Lightings 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.

Focus Lightings Tech Co Research & Development Chart

Focus Lightings Tech 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 99.38 133.13 129.19 129.48 132.42

Focus Lightings Tech 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 31.24 36.50 31.92 27.21 27.08
SZSE:300708
83GF Score
Focus Lightings Tech Co Ltd SZSE:300708
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Focus Lightings 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥123 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 ¥123 Mil mean?
Focus Lightings Tech Co (SZSE:300708) has a Research & Development of ¥123 Mil as of Jun. 2026. Research and development expense is the total cost for research and development activities. View historical data on Focus Lightings Tech Co and its competitors.
Is Focus Lightings Tech Co's Research & Development too high?
Focus Lightings Tech Co's current Research & Development is ¥123 Mil. Overall, Focus Lightings Tech Co has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Focus Lightings Tech Co's Research & Development compare to NVDA and AVGO?
Focus Lightings Tech Co's Research & Development of ¥123 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 Focus Lightings Tech Co and its competitors. Focus Lightings Tech Co's current Research & Development is ¥123 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Focus Lightings Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Focus Lightings Tech Co (SZSE:300708) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥6.75, compared to a current price of ¥7.73 — trading 14.5% above its estimated fair value. The current Research & Development is ¥123 Mil. Focus Lightings Tech Co's overall GF Score™ is 83/100 with 9 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 Focus Lightings Tech Co (SZSE:300708), the current Research & Development is ¥123 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 Focus Lightings Tech Co (SZSE:300708) Overvalued in 2026?

Based on GuruFocus' analysis, Focus Lightings Tech Co stock appears to be overvalued. The current stock price of ¥7.73 is trading 14.5% above its estimated GF Value™ of ¥6.75. GuruFocus considers Focus Lightings Tech Co to be Modestly Overvalued.

Key valuation signals for SZSE:300708:

  • Research & Development: ¥123 Mil
  • GF Value™: ¥6.75 vs. price of ¥7.73 (14.5% above fair value)
  • GF Score™: 83/100 with 9 warning signs

No single metric tells the full story. See the SZSE:300708 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Focus Lightings Tech Co Business Description

Address No. 15 Yue Liang Wan Road, Room 01-05, 32nd Floor, Zhongxin Building, Suzhou Industrial Park, Jiangsu Province, Suzhou, CHN, 215123
Focus Lightings Tech Co Ltd engages in the research, development, production and sales of LED epitaxial wafers and chips, and provides contract energy management services centered around LED lighting applications.
83GF Score

Get the complete analysis for SZSE:300708

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

¥7.73
Price
¥6.75
GF Value