Chang Wah Technology Co (ROCO:6548) Research & Development: NT$388 Mil (TTM As of Dec. 2025)


ROCO:6548 Chang Wah Technology Co Ltd ROCO:6548
71 GF Score
Price NT$85.10
GF Value NT$39.47
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Chang Wah Technology Co Research & Development?

Chang Wah Technology Co ROCO:6548 -1.73% 71 Research & Development is NT$388 Mil as of Dec. 2025. GuruFocus rates ROCO:6548 with a GF Score™ of 71/100 and a GF Value™ of NT$39.47 (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. Chang Wah Technology Co's Research & Development for the three months ended in Dec. 2025 was NT$85 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was NT$388 Mil.

Chang Wah Technology Co  (ROCO:6548) 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.

Chang Wah Technology Co Research & Development Related Terms

Chang Wah Technology Co Research & Development Historical Data

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The historical data trend for Chang Wah 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.

Chang Wah Technology Co Research & Development Chart

Chang Wah 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 461.21 422.48 420.52 431.12 388.39

Chang Wah 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 93.18 94.33 104.40 104.94 84.73
ROCO:6548
71GF Score
Chang Wah Technology Co Ltd ROCO:6548
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Chang Wah 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$388 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$388 Mil mean?
Chang Wah Technology Co (ROCO:6548) has a Research & Development of NT$388 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Chang Wah Technology Co and its competitors.
Is Chang Wah Technology Co's Research & Development too high?
Chang Wah Technology Co's current Research & Development is NT$388 Mil. Overall, Chang Wah Technology Co has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chang Wah Technology Co's Research & Development compare to NVDA and AVGO?
Chang Wah Technology Co's Research & Development of NT$388 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Research & Development depends on the Semiconductors 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 Chang Wah Technology Co and its competitors. Chang Wah Technology Co's current Research & Development is NT$388 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chang Wah Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Chang Wah Technology Co (ROCO:6548) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$39.47, compared to a current price of NT$85.10 — trading 115.6% above its estimated fair value. The current Research & Development is NT$388 Mil. Chang Wah Technology Co's overall GF Score™ is 71/100 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 Chang Wah Technology Co (ROCO:6548), the current Research & Development is NT$388 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 Chang Wah Technology Co (ROCO:6548) Overvalued in 2026?

Based on GuruFocus' analysis, Chang Wah Technology Co stock appears to be overvalued. The current stock price of NT$85.10 is trading 115.6% above its estimated GF Value™ of NT$39.47. GuruFocus considers Chang Wah Technology Co to be Significantly Overvalued.

Key valuation signals for ROCO:6548:

  • Research & Development: NT$388 Mil
  • GF Value™: NT$39.47 vs. price of NT$85.10 (115.6% above fair value)
  • GF Score™: 71/100 with 8 warning signs

No single metric tells the full story. See the ROCO:6548 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Chang Wah Technology Co Business Description

Address No. 24, Kaifa Road, Nanzi District, Kaohsiung, TWN, 811
Chang Wah Technology Co Ltd mainly manufactures industrial plastic products and electronics components, and sells electronics components and machinery, and tools. The company focuses on manufacturing semiconductor frames, offering different products such as IC-Pin lead Frame, IC-Leadless lead Frame, IC-Special surface treatment, EMC lead frame, and PreMold lead frame. Along with its subsidiaries, the company operates in the following reportable segments: CWTC, CWTS, SHAP, Shing Zheng Investment, SHEC, SHPC, SHS, MSHE, WSP, and CWES. Maximum revenue is generated from its CWTC segment. Geographically, the group operates in Taiwan, Asia, and other regions.
71GF Score

Get the complete analysis for ROCO:6548

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

NT$85.10
Price
NT$39.47
GF Value