China Steel (TPE:2002) Research & Development: NT$2,173 Mil (TTM As of Dec. 2025)


TPE:2002 China Steel Corp TPE:2002
65 GF Score
Price NT$19.05
GF Value NT$20.73
Valuation Fairly Valued
! 8 Warning Signs
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What is China Steel Research & Development?

China Steel TPE:2002 -1.55% 65 Research & Development is NT$2,173 Mil as of Dec. 2025. GuruFocus rates TPE:2002 with a GF Score™ of 65/100 and a GF Value™ of NT$20.73 (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. China Steel's Research & Development for the three months ended in Dec. 2025 was NT$516 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was NT$2,173 Mil.

China Steel  (TPE:2002) 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.

China Steel Research & Development Related Terms

China Steel Research & Development Historical Data

* Premium members only.

The historical data trend for China Steel'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.

China Steel Research & Development Chart

China Steel 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 2,435.39 2,155.00 2,132.19 2,266.90 2,172.58

China Steel 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 577.60 542.17 560.45 554.30 515.68
TPE:2002
65GF Score
China Steel Corp TPE:2002
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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China Steel 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$2,173 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$2,173 Mil mean?
China Steel (TPE:2002) has a Research & Development of NT$2,173 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on China Steel and its competitors.
Is China Steel's Research & Development too high?
China Steel's current Research & Development is NT$2,173 Mil. Overall, China Steel has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Steel's Research & Development compare to NUE and STLD?
China Steel's Research & Development of NT$2,173 Mil can be compared against companies in the Steel 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 Steel company?
A good Research & Development depends on the Steel 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 China Steel and its competitors. China Steel's current Research & Development is NT$2,173 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Steel stock overvalued right now?
Based on GuruFocus' analysis, China Steel (TPE:2002) is currently considered Fairly Valued. The stock's GF Value™ is NT$20.73, compared to a current price of NT$19.05 — trading 8.1% below its estimated fair value. The current Research & Development is NT$2,173 Mil. China Steel's overall GF Score™ is 65/100 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 China Steel (TPE:2002), the current Research & Development is NT$2,173 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 China Steel (TPE:2002) Overvalued in 2026?

Based on GuruFocus' analysis, China Steel stock appears to be undervalued. The current stock price of NT$19.05 is trading 8.1% below its estimated GF Value™ of NT$20.73. GuruFocus considers China Steel to be Fairly Valued.

Key valuation signals for TPE:2002:

  • Research & Development: NT$2,173 Mil
  • GF Value™: NT$20.73 vs. price of NT$19.05 (8.1% below fair value)
  • GF Score™: 65/100 with 8 warning signs

No single metric tells the full story. See the TPE:2002 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

China Steel Business Description

Other Exchanges 2002A:TaiwanCNS:Germany
Address No. 1, Chung Kang Road, Hsiao Kang, Kaohsiung, TWN, 81233
China Steel Corp is a steelmaker in Taiwan. It manufactures and sells steel products and engages in mechanical, communications, and electrical engineering. The company's product portfolio includes plates, bars, wire rods, hot and cold rolled coils, electro-galvanized coils, electrical steel coils, and hot-dip galvanized coils. Along with its subsidiaries, the company operates in the following reportable segments: Steel Department and Non-Steel Department. A majority of its revenue is generated from the Steel department segment, which manufactures and sells steel products. Geographically, the company derives maximum revenue from Taiwan, followed by Vietnam, Malaysia, India, China, and other regions.
65GF Score

Get the complete analysis for TPE:2002

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

NT$19.05
Price
NT$20.73
GF Value