Kingstate Electronics (ROCO:3206) Research & Development: NT$121 Mil (TTM As of Dec. 2025)

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.

ROCO:3206 Kingstate Electronics Corp ROCO:3206
70 GF Score
Price NT$36.85
GF Value NT$35.36
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Kingstate Electronics Research & Development?

Kingstate Electronics ROCO:3206 -1.86% 70 Research & Development is NT$121 Mil as of Dec. 2025. GuruFocus rates ROCO:3206 with a GF Score™ of 70/100 and a GF Value™ of NT$35.36 (Fairly Valued). The stock has 7 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Kingstate Electronics's Research & Development for the three months ended in Dec. 2025 was NT$29 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was NT$121 Mil.

Kingstate Electronics  (ROCO:3206) 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.

Kingstate Electronics Research & Development Related Terms

Kingstate Electronics Research & Development Historical Data

* Premium members only.

The historical data trend for Kingstate Electronics'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.

Kingstate Electronics Research & Development Chart

Kingstate Electronics 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 107.74 100.60 93.14 129.96 121.11

Kingstate Electronics Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 37.67 33.10 30.09 29.39 28.54
ROCO:3206
70GF Score
Kingstate Electronics Corp ROCO:3206
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kingstate Electronics 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 quarterly data reported by the company within the most recent 12 months, which was NT$121 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 NT$121 Mil mean?
Kingstate Electronics (ROCO:3206) has a Research & Development of NT$121 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Kingstate Electronics and its competitors.
Is Kingstate Electronics' Research & Development too high?
Kingstate Electronics' current Research & Development is NT$121 Mil. Overall, Kingstate Electronics has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kingstate Electronics' Research & Development compare to APH and GLW?
Kingstate Electronics' Research & Development of NT$121 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 Kingstate Electronics and its competitors. Kingstate Electronics's current Research & Development is NT$121 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kingstate Electronics stock overvalued right now?
Based on GuruFocus' analysis, Kingstate Electronics (ROCO:3206) is currently considered Fairly Valued. The stock's GF Value™ is NT$35.36, compared to a current price of NT$36.85 — trading 4.2% above its estimated fair value. The current Research & Development is NT$121 Mil. Kingstate Electronics' overall GF Score™ is 70/100 with 7 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 Kingstate Electronics (ROCO:3206), the current Research & Development is NT$121 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.

Is Kingstate Electronics (ROCO:3206) Overvalued in 2026?

Based on GuruFocus' analysis, Kingstate Electronics stock appears to be overvalued. The current stock price of NT$36.85 is trading 4.2% above its estimated GF Value™ of NT$35.36. GuruFocus considers Kingstate Electronics to be Fairly Valued.

Key valuation signals for ROCO:3206:

  • Research & Development: NT$121 Mil
  • GF Value™: NT$35.36 vs. price of NT$36.85 (4.2% above fair value)
  • GF Score™: 70/100 with 7 warning signs

No single metric tells the full story. See the ROCO:3206 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Kingstate Electronics Business Description

Address Section 2, Zhongzheng East Road, 9th Floor, No. 69-11, Tamsui, New Taipei, TWN, 251
Kingstate Electronics Corp is engaged in the manufacturing and trading of wireless communication machinery and equipment, electronic components, and other electronic and electromechanical equipment. Its products include piezoelectric buzzers, electromagnetic buzzers, loudspeakers, microphones, piezoelectric alarms, receivers, and headsets.
70GF Score

Get the complete analysis for ROCO:3206

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

NT$36.85
Price
NT$35.36
GF Value