Hiyes International Co (TPE:2348) Research & Development: NT$0 Mil (TTM As of Dec. 2025)


TPE:2348 Hiyes International Co Ltd TPE:2348
74 GF Score
Price NT$75.90
GF Value NT$116.72
Valuation Possible Value Trap
! 11 Warning Signs
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What is Hiyes International Co Research & Development?

Hiyes International Co TPE:2348 -0.26% 74 Research & Development is NT$0 Mil as of Dec. 2025. GuruFocus rates TPE:2348 with a GF Score™ of 74/100 and a GF Value™ of NT$116.72 (Possible Value Trap). The stock has 11 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Hiyes International Co's Research & Development for the three months ended in Dec. 2025 was NT$0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was NT$0 Mil.

Hiyes International Co  (TPE:2348) 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.

Hiyes International Co Research & Development Related Terms

Hiyes International Co Research & Development Historical Data

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The historical data trend for Hiyes International 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.

Hiyes International Co Research & Development Chart

Hiyes International Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
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Hiyes International 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 0.00 0.00 0.00 0.00 0.00
TPE:2348
74GF Score
Hiyes International Co Ltd TPE:2348
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Hiyes International 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$0 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$0 Mil mean?
Hiyes International Co (TPE:2348) has a Research & Development of NT$0 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Hiyes International Co and its competitors.
Is Hiyes International Co's Research & Development too high?
Hiyes International Co's current Research & Development is NT$0 Mil. Overall, Hiyes International Co has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hiyes International Co's Research & Development compare to CBRE and BEKE?
Hiyes International Co's Research & Development of NT$0 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Research & Development depends on the Real Estate 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 Hiyes International Co and its competitors. Hiyes International Co's current Research & Development is NT$0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiyes International Co stock overvalued right now?
Based on GuruFocus' analysis, Hiyes International Co (TPE:2348) is currently considered Possible Value Trap. The stock's GF Value™ is NT$116.72, compared to a current price of NT$75.90 — trading 35% below its estimated fair value. The current Research & Development is NT$0 Mil. Hiyes International Co's overall GF Score™ is 74/100 with 11 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 Hiyes International Co (TPE:2348), the current Research & Development is NT$0 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 Hiyes International Co (TPE:2348) Overvalued in 2026?

Based on GuruFocus' analysis, Hiyes International Co stock appears to be undervalued. The current stock price of NT$75.90 is trading 35% below its estimated GF Value™ of NT$116.72. GuruFocus considers Hiyes International Co to be Possible Value Trap.

Key valuation signals for TPE:2348:

  • Research & Development: NT$0 Mil
  • GF Value™: NT$116.72 vs. price of NT$75.90 (35% below fair value)
  • GF Score™: 74/100 with 11 warning signs

No single metric tells the full story. See the TPE:2348 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hiyes International Co Business Description

Address No. 260, Dunhua North Road, 7th Floor, Songshan District, Taipei, TWN
Hiyes International Co Ltd operates in the real estate industry. The Company has two reporting segments: the agency sales segment of real estate, and the construction segment, in which the former engages in the brokerage of real estate sales, and the construction segment engages in the operation and construction of residential houses, sales of real estate, and other related businesses.
74GF Score

Get the complete analysis for TPE:2348

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

NT$75.90
Price
NT$116.72
GF Value