Formosa Plastics (TPE:1301) Research & Development: NT$1,037 Mil (TTM As of Mar. 2026)


TPE:1301 Formosa Plastics Corp TPE:1301
63 GF Score
Price NT$52.20
GF Value NT$44.35
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Formosa Plastics Research & Development?

Formosa Plastics TPE:1301 -10.00% 63 Research & Development is NT$1,037 Mil as of Mar. 2026. GuruFocus rates TPE:1301 with a GF Score™ of 63/100 and a GF Value™ of NT$44.35 (Modestly Overvalued). The stock has 8 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Formosa Plastics's Research & Development for the three months ended in Mar. 2026 was NT$278 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was NT$1,037 Mil.


Formosa Plastics  (TPE:1301) 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.


Formosa Plastics Research & Development Related Terms


Formosa Plastics Research & Development Historical Data

* Premium members only.

The historical data trend for Formosa Plastics'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.

Formosa Plastics Research & Development Chart

Formosa Plastics 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 1,713.29 1,893.06 1,779.23 1,648.94 1,479.28

Formosa Plastics Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 360.59 703.99 723.22 -669.12 278.45
TPE:1301
63GF Score
Formosa Plastics Corp TPE:1301
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Formosa Plastics Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$1,037 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$1,037 Mil mean?
Formosa Plastics (TPE:1301) has a Research & Development of NT$1,037 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Formosa Plastics and its competitors.
Is Formosa Plastics' Research & Development too high?
Formosa Plastics' current Research & Development is NT$1,037 Mil. Overall, Formosa Plastics has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Formosa Plastics' Research & Development compare to LIN and SHW?
Formosa Plastics' Research & Development of NT$1,037 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Research & Development depends on the Chemicals 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 Formosa Plastics and its competitors. Formosa Plastics's current Research & Development is NT$1,037 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formosa Plastics stock overvalued right now?
Based on GuruFocus' analysis, Formosa Plastics (TPE:1301) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$44.35, compared to a current price of NT$52.20 — trading 17.7% above its estimated fair value. The current Research & Development is NT$1,037 Mil. Formosa Plastics' overall GF Score™ is 63/100 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 Formosa Plastics (TPE:1301), the current Research & Development is NT$1,037 Mil as of Mar. 2026. 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 Formosa Plastics (TPE:1301) Overvalued in 2026?

Based on GuruFocus' analysis, Formosa Plastics stock appears to be overvalued. The current stock price of NT$52.20 is trading 17.7% above its estimated GF Value™ of NT$44.35. GuruFocus considers Formosa Plastics to be Modestly Overvalued.

Key valuation signals for TPE:1301:

  • Research & Development: NT$1,037 Mil
  • GF Value™: NT$44.35 vs. price of NT$52.20 (17.7% above fair value)
  • GF Score™: 63/100 with 8 warning signs

No single metric tells the full story. See the TPE:1301 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Formosa Plastics Business Description

Address No. 100, Shuiguan Road, Renwu District, Kaohsiung, TWN, 814
Formosa Plastics Corp is a holding company that, through its subsidiaries, manufactures and sells plastic-based products, chemical fibers, and petrochemicals. The company operates in five reportable segments: Plastics Division, Polyolefins Division, Polypropylene Division, Tairylan Division, and Chemical Division. The majority of revenue is derived from the Plastic division. Geographically, the company operates in Taiwan, mainland China, and other countries, with the maximum revenue generated from Taiwan.
63GF Score

Get the complete analysis for TPE:1301

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

NT$52.20
Price
NT$44.35
GF Value