Hiroca Holdings (TPE:1338) Research & Development: NT$286 Mil (TTM As of Dec. 2025)


TPE:1338 Hiroca Holdings Ltd TPE:1338
54 GF Score
Price NT$16.90
GF Value NT$31.67
Valuation Possible Value Trap
! 6 Warning Signs
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What is Hiroca Holdings Research & Development?

Hiroca Holdings TPE:1338 54 Research & Development is NT$286 Mil as of Dec. 2025. GuruFocus rates TPE:1338 with a GF Score™ of 54/100 and a GF Value™ of NT$31.67 (Possible Value Trap). The stock has 6 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Hiroca Holdings's Research & Development for the three months ended in Dec. 2025 was NT$80 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was NT$286 Mil.

Hiroca Holdings  (TPE:1338) 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.

Hiroca Holdings Research & Development Related Terms

Hiroca Holdings Research & Development Historical Data

* Premium members only.

The historical data trend for Hiroca Holdings'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.

Hiroca Holdings Research & Development Chart

Hiroca Holdings 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 295.30 226.51 259.33 265.14 285.95

Hiroca Holdings 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 63.99 64.56 65.82 75.54 80.04
TPE:1338
54GF Score
Hiroca Holdings Ltd TPE:1338
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Hiroca Holdings 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$286 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$286 Mil mean?
Hiroca Holdings (TPE:1338) has a Research & Development of NT$286 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Hiroca Holdings and its competitors.
Is Hiroca Holdings' Research & Development too high?
Hiroca Holdings' current Research & Development is NT$286 Mil. Overall, Hiroca Holdings has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hiroca Holdings' Research & Development compare to ORLY and AZO?
Hiroca Holdings' Research & Development of NT$286 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Research & Development depends on the Vehicles & Parts 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 Hiroca Holdings and its competitors. Hiroca Holdings's current Research & Development is NT$286 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiroca Holdings stock overvalued right now?
Based on GuruFocus' analysis, Hiroca Holdings (TPE:1338) is currently considered Possible Value Trap. The stock's GF Value™ is NT$31.67, compared to a current price of NT$16.90 — trading 46.6% below its estimated fair value. The current Research & Development is NT$286 Mil. Hiroca Holdings' overall GF Score™ is 54/100 with 6 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 Hiroca Holdings (TPE:1338), the current Research & Development is NT$286 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 Hiroca Holdings (TPE:1338) Overvalued in 2026?

Based on GuruFocus' analysis, Hiroca Holdings stock appears to be undervalued. The current stock price of NT$16.90 is trading 46.6% below its estimated GF Value™ of NT$31.67. GuruFocus considers Hiroca Holdings to be Possible Value Trap.

Key valuation signals for TPE:1338:

  • Research & Development: NT$286 Mil
  • GF Value™: NT$31.67 vs. price of NT$16.90 (46.6% below fair value)
  • GF Score™: 54/100 with 6 warning signs

No single metric tells the full story. See the TPE:1338 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hiroca Holdings Business Description

Address Qiaotou Third Industrial Zone, Houjie Town, Guangdong Province, Dongguan, CHN
Hiroca Holdings Ltd mainly engages in the production and sales of a variety of automotive trim parts, electronic plastic parts, plastic corrugated board, and molds. It provides products and services of Interior, Exterior, and Lighting. The company generates a majority of its revenue from the sale of automotive spare parts and the rest from other products and services. Geographically, it derives key revenue from Mainland China and the rest from America and other regions.
54GF Score

Get the complete analysis for TPE:1338

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

NT$16.90
Price
NT$31.67
GF Value