Shangya Technology Co (ROCO:6130) Research & Development: NT$24.3 Mil (TTM As of Dec. 2025)

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ROCO:6130 Shangya Technology Co Ltd ROCO:6130
63 GF Score
Price NT$25.00
GF Value NT$30.51
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Shangya Technology Co Research & Development?

Shangya Technology Co ROCO:6130 +0.40% 63 Research & Development is NT$24.3 Mil as of Dec. 2025. GuruFocus rates ROCO:6130 with a GF Score™ of 63/100 and a GF Value™ of NT$30.51 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Shangya Technology Co's Research & Development for the three months ended in Dec. 2025 was NT$7.7 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was NT$24.3 Mil.

Shangya Technology Co  (ROCO:6130) 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.

Shangya Technology Co Research & Development Related Terms

Shangya Technology Co Research & Development Historical Data

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The historical data trend for Shangya Technology 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.

Shangya Technology Co Research & Development Chart

Shangya Technology 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 8.02 24.33

Shangya Technology 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 8.02 7.53 3.18 5.88 7.74
ROCO:6130
63GF Score
Shangya Technology Co Ltd ROCO:6130
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Shangya Technology 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$24.3 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$24.3 Mil mean?
Shangya Technology Co (ROCO:6130) has a Research & Development of NT$24.3 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Shangya Technology Co and its competitors.
Is Shangya Technology Co's Research & Development too high?
Shangya Technology Co's current Research & Development is NT$24.3 Mil. Overall, Shangya Technology Co has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shangya Technology Co's Research & Development compare to LLY and JNJ?
Shangya Technology Co's Research & Development of NT$24.3 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Research & Development depends on the Drug Manufacturers 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 Shangya Technology Co and its competitors. Shangya Technology Co's current Research & Development is NT$24.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shangya Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Shangya Technology Co (ROCO:6130) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$30.51, compared to a current price of NT$25.00 — trading 18.1% below its estimated fair value. The current Research & Development is NT$24.3 Mil. Shangya Technology Co's overall GF Score™ is 63/100 with 4 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 Shangya Technology Co (ROCO:6130), the current Research & Development is NT$24.3 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 Shangya Technology Co (ROCO:6130) Overvalued in 2026?

Based on GuruFocus' analysis, Shangya Technology Co stock appears to be undervalued. The current stock price of NT$25.00 is trading 18.1% below its estimated GF Value™ of NT$30.51. GuruFocus considers Shangya Technology Co to be Modestly Undervalued.

Key valuation signals for ROCO:6130:

  • Research & Development: NT$24.3 Mil
  • GF Value™: NT$30.51 vs. price of NT$25.00 (18.1% below fair value)
  • GF Score™: 63/100 with 4 warning signs

No single metric tells the full story. See the ROCO:6130 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shangya Technology Co Business Description

Address Nanjing East Road, 9th Floor - 12, No. 188, Section 5, Songshan District, Taipei, TWN, 105052
Shangya Technology Co Ltd Formerly Singbao International Co Ltd is involved in various activities of research and development. The company's main business activities include research, development, production, and sales of wireless communication integrated circuits, satellite positioning system integrated circuits, and portable product ICs. The company segments are divided into the pharmaceutical business department, the product department, and others. The company derives the majority of its revenue from the pharmaceutical business department. which is responsible for the sales of Western medicines.
63GF Score

Get the complete analysis for ROCO:6130

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

NT$25.00
Price
NT$30.51
GF Value