Advanced Echem Materials Co (ROCO:4749) Research & Development: NT$385 Mil (TTM As of Dec. 2025)


ROCO:4749 Advanced Echem Materials Co Ltd ROCO:4749
72 GF Score
Price NT$866.00
GF Value NT$901.26
Valuation Fairly Valued
! 2 Warning Signs
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What is Advanced Echem Materials Co Research & Development?

Advanced Echem Materials Co ROCO:4749 -5.39% 72 Research & Development is NT$385 Mil as of Dec. 2025. GuruFocus rates ROCO:4749 with a GF Score™ of 72/100 and a GF Value™ of NT$901.26 (Fairly Valued). The stock has 2 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Advanced Echem Materials Co's Research & Development for the three months ended in Dec. 2025 was NT$119 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was NT$385 Mil.

Advanced Echem Materials Co  (ROCO:4749) 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.

Advanced Echem Materials Co Research & Development Related Terms

Advanced Echem Materials Co Research & Development Historical Data

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The historical data trend for Advanced Echem Materials 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.

Advanced Echem Materials Co Research & Development Chart

Advanced Echem Materials Co Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 164.37 202.97 235.24 278.91 385.44

Advanced Echem Materials Co Quarterly Data
Jun14 Dec20 Jun21 Sep21 Dec21 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 98.56 80.00 84.63 101.95 118.86
ROCO:4749
72GF Score
Advanced Echem Materials Co Ltd ROCO:4749
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Advanced Echem Materials 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$385 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$385 Mil mean?
Advanced Echem Materials Co (ROCO:4749) has a Research & Development of NT$385 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Advanced Echem Materials Co and its competitors.
Is Advanced Echem Materials Co's Research & Development too high?
Advanced Echem Materials Co's current Research & Development is NT$385 Mil. Overall, Advanced Echem Materials Co has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Advanced Echem Materials Co's Research & Development compare to APH and GLW?
Advanced Echem Materials Co's Research & Development of NT$385 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 Advanced Echem Materials Co and its competitors. Advanced Echem Materials Co's current Research & Development is NT$385 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advanced Echem Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Advanced Echem Materials Co (ROCO:4749) is currently considered Fairly Valued. The stock's GF Value™ is NT$901.26, compared to a current price of NT$866.00 — trading 3.9% below its estimated fair value. The current Research & Development is NT$385 Mil. Advanced Echem Materials Co's overall GF Score™ is 72/100 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 Advanced Echem Materials Co (ROCO:4749), the current Research & Development is NT$385 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 Advanced Echem Materials Co (ROCO:4749) Overvalued in 2026?

Based on GuruFocus' analysis, Advanced Echem Materials Co stock appears to be undervalued. The current stock price of NT$866.00 is trading 3.9% below its estimated GF Value™ of NT$901.26. GuruFocus considers Advanced Echem Materials Co to be Fairly Valued.

Key valuation signals for ROCO:4749:

  • Research & Development: NT$385 Mil
  • GF Value™: NT$901.26 vs. price of NT$866.00 (3.9% below fair value)
  • GF Score™: 72/100 with 2 warning signs

No single metric tells the full story. See the ROCO:4749 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Advanced Echem Materials Co Business Description

Address No.455, Xinhe Road, Sanhe Village, Longtan District, Taoyuan, TWN, 325003
Advanced Echem Materials Co Ltd is engaged in developing and manufacturing special chemical materials for semiconductor and display applications. The company focuses on core technologies such as synthesis, purification of special raw materials, and innovation in formulation materials.
72GF Score

Get the complete analysis for ROCO:4749

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

NT$866.00
Price
NT$901.26
GF Value