Easycard (ROCO:6035) Research & Development: NT$105 Mil (TTM As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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ROCO:6035 Easycard Corp ROCO:6035
63 GF Score
Price NT$53.00
GF Value NT$81.36
Valuation Possible Value Trap
! 3 Warning Signs
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What is Easycard Research & Development?

Easycard ROCO:6035 +2.12% 63 Research & Development is NT$105 Mil as of Dec. 2025. GuruFocus rates ROCO:6035 with a GF Score™ of 63/100 and a GF Value™ of NT$81.36 (Possible Value Trap). The stock has 3 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Easycard's Research & Development for the six months ended in Dec. 2025 was NT$55 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was NT$105 Mil.

Easycard  (ROCO:6035) 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.

Easycard Research & Development Related Terms

Easycard Research & Development Historical Data

* Premium members only.

The historical data trend for Easycard'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.

Easycard Research & Development Chart

Easycard Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial 71.76 90.32 93.03 103.88 104.58

Easycard Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 47.27 50.61 53.27 50.00 54.58
ROCO:6035
63GF Score
Easycard Corp ROCO:6035
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Easycard 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 semi-annually data reported by the company within the most recent 12 months, which was NT$105 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$105 Mil mean?
Easycard (ROCO:6035) has a Research & Development of NT$105 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Easycard and its competitors.
Is Easycard's Research & Development too high?
Easycard's current Research & Development is NT$105 Mil. Overall, Easycard has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Easycard's Research & Development compare to MSFT and ORCL?
Easycard's Research & Development of NT$105 Mil can be compared against companies in the Software 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 Software company?
A good Research & Development depends on the Software 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 Easycard and its competitors. Easycard's current Research & Development is NT$105 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Easycard stock overvalued right now?
Based on GuruFocus' analysis, Easycard (ROCO:6035) is currently considered Possible Value Trap. The stock's GF Value™ is NT$81.36, compared to a current price of NT$53.00 — trading 34.9% below its estimated fair value. The current Research & Development is NT$105 Mil. Easycard's overall GF Score™ is 63/100 with 3 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 Easycard (ROCO:6035), the current Research & Development is NT$105 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 Easycard (ROCO:6035) Overvalued in 2026?

Based on GuruFocus' analysis, Easycard stock appears to be undervalued. The current stock price of NT$53.00 is trading 34.9% below its estimated GF Value™ of NT$81.36. GuruFocus considers Easycard to be Possible Value Trap.

Key valuation signals for ROCO:6035:

  • Research & Development: NT$105 Mil
  • GF Value™: NT$81.36 vs. price of NT$53.00 (34.9% below fair value)
  • GF Score™: 63/100 with 3 warning signs

No single metric tells the full story. See the ROCO:6035 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Easycard Business Description

Address No. 3-1 Yuanyuan Street, Nangang District, 13th Floor, Taipei City, TWN, 115
Easycard Corp is engaged in electronic transport ticket system industry. The company offers contactless smartcard, integrating the buses of Greater Taipei and the MRT system. It has extended its reach to island-wide public transit, such as Taiwan High Speed Rail, Taiwan Railways, intercity coach services, YouBike and Blue Ferry.
63GF Score

Get the complete analysis for ROCO:6035

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

NT$53.00
Price
NT$81.36
GF Value