Yuanta Futures Co (ROCO:6023) Research & Development: NT$0 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:6023 Yuanta Futures Co Ltd ROCO:6023
69 GF Score
Price NT$87.10
GF Value NT$63.50
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Yuanta Futures Co Research & Development?

Yuanta Futures Co ROCO:6023 -0.34% 69 Research & Development is NT$0 Mil as of Dec. 2025. GuruFocus rates ROCO:6023 with a GF Score™ of 69/100 and a GF Value™ of NT$63.50 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Yuanta Futures Co's Research & Development for the three months ended in Dec. 2025 was NT$0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was NT$0 Mil.

Yuanta Futures Co  (ROCO:6023) 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.

Yuanta Futures Co Research & Development Related Terms

Yuanta Futures Co Research & Development Historical Data

* Premium members only.

The historical data trend for Yuanta Futures 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.

Yuanta Futures Co Research & Development Chart

Yuanta Futures 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 0.00 0.00 0.00 0.00 0.00

Yuanta Futures 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 0.00 0.00 0.00 0.00 0.00
ROCO:6023
69GF Score
Yuanta Futures Co Ltd ROCO:6023
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Yuanta Futures 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$0 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$0 Mil mean?
Yuanta Futures Co (ROCO:6023) has a Research & Development of NT$0 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Yuanta Futures Co and its competitors.
Is Yuanta Futures Co's Research & Development too high?
Yuanta Futures Co's current Research & Development is NT$0 Mil. Overall, Yuanta Futures Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Yuanta Futures Co's Research & Development compare to MS and GS?
Yuanta Futures Co's Research & Development of NT$0 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Research & Development depends on the Capital Markets 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 Yuanta Futures Co and its competitors. Yuanta Futures Co's current Research & Development is NT$0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yuanta Futures Co stock overvalued right now?
Based on GuruFocus' analysis, Yuanta Futures Co (ROCO:6023) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$63.50, compared to a current price of NT$87.10 — trading 37.2% above its estimated fair value. The current Research & Development is NT$0 Mil. Yuanta Futures Co's overall GF Score™ is 69/100 with 8 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 Yuanta Futures Co (ROCO:6023), the current Research & Development is NT$0 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 Yuanta Futures Co (ROCO:6023) Overvalued in 2026?

Based on GuruFocus' analysis, Yuanta Futures Co stock appears to be overvalued. The current stock price of NT$87.10 is trading 37.2% above its estimated GF Value™ of NT$63.50. GuruFocus considers Yuanta Futures Co to be Significantly Overvalued.

Key valuation signals for ROCO:6023:

  • Research & Development: NT$0 Mil
  • GF Value™: NT$63.50 vs. price of NT$87.10 (37.2% above fair value)
  • GF Score™: 69/100 with 8 warning signs

No single metric tells the full story. See the ROCO:6023 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Yuanta Futures Co Business Description

Address Nanjing East Road, 2nd, 3rd, 4th, and 5thFloor, No. 77, Section 2, Zhongshan District, Taipei, TWN, 104089
Yuanta Futures Co Ltd is Taiwan's futures company. The company is engaged in onshore and offshore futures brokerage business, futures dealing, futures consulting, futures business management, securities dealing, leverage transaction merchant, and a variety of futures-related businesses. Its operating segments include: Brokerage segment, Dealing segment, and Other segment. The company derives maximum revenue from Brokerage segment. Geographically, the company has its presence in Taiwan, Asia (excluding Taiwan), Europe, America and Other.
69GF Score

Get the complete analysis for ROCO:6023

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

NT$87.10
Price
NT$63.50
GF Value