Kenda Rubber Industrial Co (TPE:2106) Research & Development: NT$1,646 Mil (TTM As of Dec. 2025)


TPE:2106 Kenda Rubber Industrial Co Ltd TPE:2106
59 GF Score
Price NT$16.85
GF Value NT$27.61
Valuation Possible Value Trap
! 6 Warning Signs
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What is Kenda Rubber Industrial Co Research & Development?

Kenda Rubber Industrial Co TPE:2106 -0.59% 59 Research & Development is NT$1,646 Mil as of Dec. 2025. GuruFocus rates TPE:2106 with a GF Score™ of 59/100 and a GF Value™ of NT$27.61 (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. Kenda Rubber Industrial Co's Research & Development for the three months ended in Dec. 2025 was NT$414 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was NT$1,646 Mil.

Kenda Rubber Industrial Co  (TPE:2106) 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.

Kenda Rubber Industrial Co Research & Development Related Terms

Kenda Rubber Industrial Co Research & Development Historical Data

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The historical data trend for Kenda Rubber Industrial 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.

Kenda Rubber Industrial Co Research & Development Chart

Kenda Rubber Industrial 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 1,451.48 1,490.30 1,489.43 1,654.62 1,646.18

Kenda Rubber Industrial 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 427.11 419.78 403.55 408.41 414.44
TPE:2106
59GF Score
Kenda Rubber Industrial Co Ltd TPE:2106
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Kenda Rubber Industrial 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$1,646 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$1,646 Mil mean?
Kenda Rubber Industrial Co (TPE:2106) has a Research & Development of NT$1,646 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Kenda Rubber Industrial Co and its competitors.
Is Kenda Rubber Industrial Co's Research & Development too high?
Kenda Rubber Industrial Co's current Research & Development is NT$1,646 Mil. Overall, Kenda Rubber Industrial Co has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kenda Rubber Industrial Co's Research & Development compare to ORLY and AZO?
Kenda Rubber Industrial Co's Research & Development of NT$1,646 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 Kenda Rubber Industrial Co and its competitors. Kenda Rubber Industrial Co's current Research & Development is NT$1,646 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kenda Rubber Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Kenda Rubber Industrial Co (TPE:2106) is currently considered Possible Value Trap. The stock's GF Value™ is NT$27.61, compared to a current price of NT$16.85 — trading 39% below its estimated fair value. The current Research & Development is NT$1,646 Mil. Kenda Rubber Industrial Co's overall GF Score™ is 59/100 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 Kenda Rubber Industrial Co (TPE:2106), the current Research & Development is NT$1,646 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 Kenda Rubber Industrial Co (TPE:2106) Overvalued in 2026?

Based on GuruFocus' analysis, Kenda Rubber Industrial Co stock appears to be undervalued. The current stock price of NT$16.85 is trading 39% below its estimated GF Value™ of NT$27.61. GuruFocus considers Kenda Rubber Industrial Co to be Possible Value Trap.

Key valuation signals for TPE:2106:

  • Research & Development: NT$1,646 Mil
  • GF Value™: NT$27.61 vs. price of NT$16.85 (39% below fair value)
  • GF Score™: 59/100 with 6 warning signs

No single metric tells the full story. See the TPE:2106 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Kenda Rubber Industrial Co Business Description

Address Zhongshan Road, No. 146, Section 1, Changhua County, Yuanlin, TWN, 510
Kenda Rubber Industrial Co Ltd is engaged in the manufacturing and trading of rubber products such as inner tubes and tires of bicycles, scooters, industrial trucks, cars, and various products of carbon fiber. The company operates in four geographical areas such as China, the united states, Taiwan and Vietnam. The majority of the revenue is earn from united states.
59GF Score

Get the complete analysis for TPE:2106

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

NT$16.85
Price
NT$27.61
GF Value