Tradetool Auto Co (ROCO:3685) Research & Development: NT$27 Mil (TTM As of Dec. 2025)

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ROCO:3685 Tradetool Auto Co Ltd ROCO:3685
48 GF Score
Price NT$40.00
GF Value NT$15.29
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Tradetool Auto Co Research & Development?

Tradetool Auto Co ROCO:3685 +8.55% 48 Research & Development is NT$27 Mil as of Dec. 2025. GuruFocus rates ROCO:3685 with a GF Score™ of 48/100 and a GF Value™ of NT$15.29 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Tradetool Auto Co's Research & Development for the three months ended in Dec. 2025 was NT$7 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was NT$27 Mil.

Tradetool Auto Co  (ROCO:3685) 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.

Tradetool Auto Co Research & Development Related Terms

Tradetool Auto Co Research & Development Historical Data

* Premium members only.

The historical data trend for Tradetool Auto 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.

Tradetool Auto Co Research & Development Chart

Tradetool Auto 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 61.28 91.37 67.14 33.32 27.49

Tradetool Auto Co 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 7.29 7.53 6.65 5.84 7.47
ROCO:3685
48GF Score
Tradetool Auto Co Ltd ROCO:3685
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Tradetool Auto 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 Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$27 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$27 Mil mean?
Tradetool Auto Co (ROCO:3685) has a Research & Development of NT$27 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Tradetool Auto Co and its competitors.
Is Tradetool Auto Co's Research & Development too high?
Tradetool Auto Co's current Research & Development is NT$27 Mil. Overall, Tradetool Auto Co has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tradetool Auto Co's Research & Development compare to ORLY and AZO?
Tradetool Auto Co's Research & Development of NT$27 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Research & Development depends on the Vehicles & Parts 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 Tradetool Auto Co and its competitors. Tradetool Auto Co's current Research & Development is NT$27 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tradetool Auto Co stock overvalued right now?
Based on GuruFocus' analysis, Tradetool Auto Co (ROCO:3685) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$15.29, compared to a current price of NT$40.00 — trading 161.6% above its estimated fair value. The current Research & Development is NT$27 Mil. Tradetool Auto Co's overall GF Score™ is 48/100 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 Tradetool Auto Co (ROCO:3685), the current Research & Development is NT$27 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 Tradetool Auto Co (ROCO:3685) Overvalued in 2026?

Based on GuruFocus' analysis, Tradetool Auto Co stock appears to be overvalued. The current stock price of NT$40.00 is trading 161.6% above its estimated GF Value™ of NT$15.29. GuruFocus considers Tradetool Auto Co to be Significantly Overvalued.

Key valuation signals for ROCO:3685:

  • Research & Development: NT$27 Mil
  • GF Value™: NT$15.29 vs. price of NT$40.00 (161.6% above fair value)
  • GF Score™: 48/100 with 2 warning signs

No single metric tells the full story. See the ROCO:3685 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Tradetool Auto Co Business Description

Address No. 213 Chaofu Road, Room No. 7, 4th Floor, Xitun District, Taichung City, TWN, 407
Tradetool Auto Co Ltd is engaged in manufacturing and trading light guide plates, automotive stamping and welding parts, and developing and trading related molds. The company's department includes: Optical Injection Component Department, Metal Parts Stamping Department, Solar Energy Business Department, Construction and Investment Business Department. The company generates the majority of its revenue from the Metal Parts Stamping Department, which is engaged in body metal stamping and welding, trading, and the development and trading of related molds.
48GF Score

Get the complete analysis for ROCO:3685

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

NT$40.00
Price
NT$15.29
GF Value