Hota Industrial Mfg Co (TPE:1536) Research & Development: NT$99 Mil (TTM As of Dec. 2025)


TPE:1536 Hota Industrial Mfg Co Ltd TPE:1536
62 GF Score
Price NT$47.10
GF Value NT$49.68
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Hota Industrial Mfg Co Research & Development?

Hota Industrial Mfg Co TPE:1536 -1.98% 62 Research & Development is NT$99 Mil as of Dec. 2025. GuruFocus rates TPE:1536 with a GF Score™ of 62/100 and a GF Value™ of NT$49.68 (Fairly Valued). The stock has 8 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Hota Industrial Mfg Co's Research & Development for the three months ended in Dec. 2025 was NT$31 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was NT$99 Mil.


Hota Industrial Mfg Co  (TPE:1536) 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.


Hota Industrial Mfg Co Research & Development Related Terms


Hota Industrial Mfg Co Research & Development Historical Data

* Premium members only.

The historical data trend for Hota Industrial Mfg 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.

Hota Industrial Mfg Co Research & Development Chart

Hota Industrial Mfg 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 113.81 105.80 101.39 95.45 99.43

Hota Industrial Mfg 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 23.44 20.33 22.48 25.84 30.78
TPE:1536
62GF Score
Hota Industrial Mfg Co Ltd TPE:1536
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hota Industrial Mfg 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$99 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$99 Mil mean?
Hota Industrial Mfg Co (TPE:1536) has a Research & Development of NT$99 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Hota Industrial Mfg Co and its competitors.
Is Hota Industrial Mfg Co's Research & Development too high?
Hota Industrial Mfg Co's current Research & Development is NT$99 Mil. Overall, Hota Industrial Mfg Co has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hota Industrial Mfg Co's Research & Development compare to ORLY and AZO?
Hota Industrial Mfg Co's Research & Development of NT$99 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 Hota Industrial Mfg Co and its competitors. Hota Industrial Mfg Co's current Research & Development is NT$99 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hota Industrial Mfg Co stock overvalued right now?
Based on GuruFocus' analysis, Hota Industrial Mfg Co (TPE:1536) is currently considered Fairly Valued. The stock's GF Value™ is NT$49.68, compared to a current price of NT$47.10 — trading 5.2% below its estimated fair value. The current Research & Development is NT$99 Mil. Hota Industrial Mfg Co's overall GF Score™ is 62/100 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 Hota Industrial Mfg Co (TPE:1536), the current Research & Development is NT$99 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 Hota Industrial Mfg Co (TPE:1536) Overvalued in 2026?

Based on GuruFocus' analysis, Hota Industrial Mfg Co stock appears to be undervalued. The current stock price of NT$47.10 is trading 5.2% below its estimated GF Value™ of NT$49.68. GuruFocus considers Hota Industrial Mfg Co to be Fairly Valued.

Key valuation signals for TPE:1536:

  • Research & Development: NT$99 Mil
  • GF Value™: NT$49.68 vs. price of NT$47.10 (5.2% below fair value)
  • GF Score™: 62/100 with 8 warning signs

No single metric tells the full story. See the TPE:1536 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hota Industrial Mfg Co Business Description

Address 115 Road Ren Hua, Dali District, Taichung, TWN, 42881
Hota Industrial Mfg Co Ltd is engaged in the manufacturing and trading of gear wheels, shafts and various transmission parts like for automobiles, motorbike, agricultural machinery, tooling machinery, etc.
62GF Score

Get the complete analysis for TPE:1536

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

NT$47.10
Price
NT$49.68
GF Value