Asia Electronic Material Co (ROCO:4939) Research & Development: NT$82 Mil (TTM As of Dec. 2025)


ROCO:4939 Asia Electronic Material Co Ltd ROCO:4939
47 GF Score
Price NT$62.30
GF Value NT$18.30
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Asia Electronic Material Co Research & Development?

Asia Electronic Material Co ROCO:4939 +2.64% 47 Research & Development is NT$82 Mil as of Dec. 2025. GuruFocus rates ROCO:4939 with a GF Score™ of 47/100 and a GF Value™ of NT$18.30 (Significantly Overvalued). The stock has 10 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Asia Electronic Material Co's Research & Development for the three months ended in Dec. 2025 was NT$17 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was NT$82 Mil.

Asia Electronic Material Co  (ROCO:4939) 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.

Asia Electronic Material Co Research & Development Related Terms

Asia Electronic Material Co Research & Development Historical Data

* Premium members only.

The historical data trend for Asia Electronic Material 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.

Asia Electronic Material Co Research & Development Chart

Asia Electronic Material 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 84.01 71.12 77.43 87.45 82.09

Asia Electronic Material 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 22.17 22.49 24.94 17.47 17.20
ROCO:4939
47GF Score
Asia Electronic Material Co Ltd ROCO:4939
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Asia Electronic Material 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$82 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$82 Mil mean?
Asia Electronic Material Co (ROCO:4939) has a Research & Development of NT$82 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Asia Electronic Material Co and its competitors.
Is Asia Electronic Material Co's Research & Development too high?
Asia Electronic Material Co's current Research & Development is NT$82 Mil. Overall, Asia Electronic Material Co has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asia Electronic Material Co's Research & Development compare to APH and GLW?
Asia Electronic Material Co's Research & Development of NT$82 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 Asia Electronic Material Co and its competitors. Asia Electronic Material Co's current Research & Development is NT$82 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Electronic Material Co stock overvalued right now?
Based on GuruFocus' analysis, Asia Electronic Material Co (ROCO:4939) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$18.30, compared to a current price of NT$62.30 — trading 240.4% above its estimated fair value. The current Research & Development is NT$82 Mil. Asia Electronic Material Co's overall GF Score™ is 47/100 with 10 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 Asia Electronic Material Co (ROCO:4939), the current Research & Development is NT$82 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 Asia Electronic Material Co (ROCO:4939) Overvalued in 2026?

Based on GuruFocus' analysis, Asia Electronic Material Co stock appears to be overvalued. The current stock price of NT$62.30 is trading 240.4% above its estimated GF Value™ of NT$18.30. GuruFocus considers Asia Electronic Material Co to be Significantly Overvalued.

Key valuation signals for ROCO:4939:

  • Research & Development: NT$82 Mil
  • GF Value™: NT$18.30 vs. price of NT$62.30 (240.4% above fair value)
  • GF Score™: 47/100 with 10 warning signs

No single metric tells the full story. See the ROCO:4939 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Asia Electronic Material Co Business Description

Address No. 3, HuanKe 1st Road, 6th Floor-7, Hsinchu County, Zhubei, TWN, 302
Asia Electronic Material Co Ltd is engaged in manufacture of electronic products and sale of electronic materials. Geographically, the company operates in Taiwan, China, and Other Countries, of which it derives maximum revenue from China. it mainly researches, develops, manufactures and markets flexible copper clad laminate (FCCL), coverlay (CL), stiffener and bonding sheet. Its products are used in Mobile phones, smart phones, digital cameras, laptop PCs, tablet PCs, LCD monitors, printer inkjet heads, hard drive heads, a variety of flat panel displays, touch modules, antenna panels, batteries and LED backlight module light bar etc.
47GF Score

Get the complete analysis for ROCO:4939

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

NT$62.30
Price
NT$18.30
GF Value