ZBAO (Zhibao Technology) Research & Development: $1.36 Mil (TTM As of Dec. 2025)

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ZBAO Zhibao Technology Inc ZBAO
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What is Zhibao Technology Research & Development?

Zhibao Technology ZBAO -4.40% 8 Research & Development is $1.36 Mil as of Dec. 2025. GuruFocus rates ZBAO with a GF Score™ of 8/100. The stock has 5 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Zhibao Technology's Research & Development for the six months ended in Dec. 2025 was $0.67 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was $1.36 Mil.

Zhibao Technology  (NAS:ZBAO) 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.

Zhibao Technology Research & Development Related Terms

Zhibao Technology Research & Development Historical Data

* Premium members only.

The historical data trend for Zhibao Technology'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.

Zhibao Technology Research & Development Chart

Zhibao Technology Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Research & Development
1.71 1.16 1.35 2.08 1.51

Zhibao Technology Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.02 1.08 0.81 0.69 0.67
ZBAO
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Zhibao Technology Inc ZBAO
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhibao Technology Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $1.36 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 $1.36 Mil mean?
Zhibao Technology (ZBAO) has a Research & Development of $1.36 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Zhibao Technology and its competitors.
Is Zhibao Technology's Research & Development too high?
Zhibao Technology's current Research & Development is $1.36 Mil. Overall, Zhibao Technology has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Zhibao Technology's Research & Development compare to GOCOQ and EZRA?
Zhibao Technology's Research & Development of $1.36 Mil can be compared against companies in the Insurance 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 an Insurance company?
A good Research & Development depends on the Insurance 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 Zhibao Technology and its competitors. Zhibao Technology's current Research & Development is $1.36 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhibao Technology stock overvalued right now?
Zhibao Technology (ZBAO) has a current Research & Development of $1.36 Mil. The current Research & Development is $1.36 Mil. Zhibao Technology's overall GF Score™ is 8/100 with 5 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 Zhibao Technology (ZBAO), the current Research & Development is $1.36 Mil as of Dec. 2025. 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.

Zhibao Technology Business Description

Address Floor 3, Building 6, Wuxing Road, Lane 727, Shanghai, CHN, 201204
Zhibao Technology Inc is an insurance technology company providing digital insurance brokerage services in China. The Company operates a 2B2C digital embedded insurance business model, which it pioneered in China, and provides managing general underwriter (MGU) services to insurance companies, including product design, underwriting, reinsurance, claims, and risk control within specific product or market segments. It offers customized digital insurance solutions for B-side channels, including Internet platforms, enterprises, and government agencies, by embedding insurance products into existing business platforms and providing digital insurance brokerage services to C-end customers.
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Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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