Lien Hwa Industrial Holding (TPE:1229) Research & Development: NT$92 Mil (TTM As of Dec. 2025)


TPE:1229 Lien Hwa Industrial Holding Corp TPE:1229
87 GF Score
Price NT$40.10
GF Value NT$55.75
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Lien Hwa Industrial Holding Research & Development?

Lien Hwa Industrial Holding TPE:1229 -4.21% 87 Research & Development is NT$92 Mil as of Dec. 2025. GuruFocus rates TPE:1229 with a GF Score™ of 87/100 and a GF Value™ of NT$55.75 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Lien Hwa Industrial Holding's Research & Development for the three months ended in Dec. 2025 was NT$24 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was NT$92 Mil.

Lien Hwa Industrial Holding  (TPE:1229) 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.

Lien Hwa Industrial Holding Research & Development Related Terms

Lien Hwa Industrial Holding Research & Development Historical Data

* Premium members only.

The historical data trend for Lien Hwa Industrial Holding'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.

Lien Hwa Industrial Holding Research & Development Chart

Lien Hwa Industrial Holding 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 47.79 47.65 56.07 82.40 91.50

Lien Hwa Industrial Holding 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 24.16 22.07 22.95 22.70 23.79
TPE:1229
87GF Score
Lien Hwa Industrial Holding Corp TPE:1229
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lien Hwa Industrial Holding 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$92 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$92 Mil mean?
Lien Hwa Industrial Holding (TPE:1229) has a Research & Development of NT$92 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Lien Hwa Industrial Holding and its competitors.
Is Lien Hwa Industrial Holding's Research & Development too high?
Lien Hwa Industrial Holding's current Research & Development is NT$92 Mil. Overall, Lien Hwa Industrial Holding has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lien Hwa Industrial Holding's Research & Development compare to HON and MMM?
Lien Hwa Industrial Holding's Research & Development of NT$92 Mil can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Research & Development depends on the Conglomerates 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 Lien Hwa Industrial Holding and its competitors. Lien Hwa Industrial Holding's current Research & Development is NT$92 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lien Hwa Industrial Holding stock overvalued right now?
Based on GuruFocus' analysis, Lien Hwa Industrial Holding (TPE:1229) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$55.75, compared to a current price of NT$40.10 — trading 28.1% below its estimated fair value. The current Research & Development is NT$92 Mil. Lien Hwa Industrial Holding's overall GF Score™ is 87/100 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 Lien Hwa Industrial Holding (TPE:1229), the current Research & Development is NT$92 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 Lien Hwa Industrial Holding (TPE:1229) Overvalued in 2026?

Based on GuruFocus' analysis, Lien Hwa Industrial Holding stock appears to be undervalued. The current stock price of NT$40.10 is trading 28.1% below its estimated GF Value™ of NT$55.75. GuruFocus considers Lien Hwa Industrial Holding to be Modestly Undervalued.

Key valuation signals for TPE:1229:

  • Research & Development: NT$92 Mil
  • GF Value™: NT$55.75 vs. price of NT$40.10 (28.1% below fair value)
  • GF Score™: 87/100 with 3 warning signs

No single metric tells the full story. See the TPE:1229 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Lien Hwa Industrial Holding Business Description

Address Nangang Road, 10 Floor, No. 209, Section 1, Nangang District, Taipei, TWN, 115
Lien Hwa Industrial Holding Corp is engaged in flour production, real estate rental, integrated system service, automatic system, and other electronic businesses. The company has four reportable segments. The rental business provides real property rental and development services. The Flour business manufactures and sells all kinds of Flour and processed foods. The system integration service business provides the system integration service, automatic system, applied software design and sale of industrial computer. The administrative resource center is responsible for the management of domestic/foreign investment business.
87GF Score

Get the complete analysis for TPE:1229

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

NT$40.10
Price
NT$55.75
GF Value