Cheng Loong (TPE:1904) Research & Development: NT$112 Mil (TTM As of Dec. 2025)


TPE:1904 Cheng Loong Corp TPE:1904
72 GF Score
Price NT$21.25
GF Value NT$25.96
Valuation Modestly Undervalued
! 12 Warning Signs
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What is Cheng Loong Research & Development?

Cheng Loong TPE:1904 -2.30% 72 Research & Development is NT$112 Mil as of Dec. 2025. GuruFocus rates TPE:1904 with a GF Score™ of 72/100 and a GF Value™ of NT$25.96 (Modestly Undervalued). The stock has 12 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Cheng Loong's Research & Development for the three months ended in Dec. 2025 was NT$34 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was NT$112 Mil.

Cheng Loong  (TPE:1904) 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.

Cheng Loong Research & Development Related Terms

Cheng Loong Research & Development Historical Data

* Premium members only.

The historical data trend for Cheng Loong'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.

Cheng Loong Research & Development Chart

Cheng Loong 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 116.83 119.24 132.24 128.10 111.50

Cheng Loong 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 31.49 26.89 24.30 26.65 33.66
TPE:1904
72GF Score
Cheng Loong Corp TPE:1904
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Cheng Loong 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$112 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$112 Mil mean?
Cheng Loong (TPE:1904) has a Research & Development of NT$112 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Cheng Loong and its competitors.
Is Cheng Loong's Research & Development too high?
Cheng Loong's current Research & Development is NT$112 Mil. Overall, Cheng Loong has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cheng Loong's Research & Development compare to competitors?
Cheng Loong's Research & Development of NT$112 Mil can be compared against companies in the Forest Products 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 Forest Products company?
A good Research & Development depends on the Forest Products 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 Cheng Loong and its competitors. Cheng Loong's current Research & Development is NT$112 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cheng Loong stock overvalued right now?
Based on GuruFocus' analysis, Cheng Loong (TPE:1904) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$25.96, compared to a current price of NT$21.25 — trading 18.1% below its estimated fair value. The current Research & Development is NT$112 Mil. Cheng Loong's overall GF Score™ is 72/100 with 12 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 Cheng Loong (TPE:1904), the current Research & Development is NT$112 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 Cheng Loong (TPE:1904) Overvalued in 2026?

Based on GuruFocus' analysis, Cheng Loong stock appears to be undervalued. The current stock price of NT$21.25 is trading 18.1% below its estimated GF Value™ of NT$25.96. GuruFocus considers Cheng Loong to be Modestly Undervalued.

Key valuation signals for TPE:1904:

  • Research & Development: NT$112 Mil
  • GF Value™: NT$25.96 vs. price of NT$21.25 (18.1% below fair value)
  • GF Score™: 72/100 with 12 warning signs

No single metric tells the full story. See the TPE:1904 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Cheng Loong Business Description

Address Min Sheng Road, No. 1, Section 1, Banqiao District, New Taipei, TWN, 220
Cheng Loong Corp manufactures and sells a variety of paper products. The company is engaged in the manufacturing and sale of paper products, materials for paper products, corrugated cartons, and related products. It is also engaged in building commercial and residential premises for rent and sale in partnership with construction companies. The company generates a majority of its revenue from the manufacturing and sale of industrial paper, corrugated containers, and related products. Its geographical segments are Taiwan, which generates key revenue, China, and Southeast Asia.
72GF Score

Get the complete analysis for TPE:1904

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

NT$21.25
Price
NT$25.96
GF Value