Unitech Printed Circuit Board (TPE:2367) Research & Development: NT$164 Mil (TTM As of Dec. 2025)


TPE:2367 Unitech Printed Circuit Board Corp TPE:2367
58 GF Score
Price NT$52.80
GF Value NT$25.59
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Unitech Printed Circuit Board Research & Development?

Unitech Printed Circuit Board TPE:2367 -7.04% 58 Research & Development is NT$164 Mil as of Dec. 2025. GuruFocus rates TPE:2367 with a GF Score™ of 58/100 and a GF Value™ of NT$25.59 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Unitech Printed Circuit Board's Research & Development for the three months ended in Dec. 2025 was NT$47 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was NT$164 Mil.

Unitech Printed Circuit Board  (TPE:2367) 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.

Unitech Printed Circuit Board Research & Development Related Terms

Unitech Printed Circuit Board Research & Development Historical Data

* Premium members only.

The historical data trend for Unitech Printed Circuit Board'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.

Unitech Printed Circuit Board Research & Development Chart

Unitech Printed Circuit Board 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 130.55 142.14 140.03 156.72 163.92

Unitech Printed Circuit Board 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 51.58 39.50 39.05 38.21 47.16
TPE:2367
58GF Score
Unitech Printed Circuit Board Corp TPE:2367
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Unitech Printed Circuit Board 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$164 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$164 Mil mean?
Unitech Printed Circuit Board (TPE:2367) has a Research & Development of NT$164 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Unitech Printed Circuit Board and its competitors.
Is Unitech Printed Circuit Board's Research & Development too high?
Unitech Printed Circuit Board's current Research & Development is NT$164 Mil. Overall, Unitech Printed Circuit Board has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Unitech Printed Circuit Board's Research & Development compare to APH and GLW?
Unitech Printed Circuit Board's Research & Development of NT$164 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Research & Development depends on the Hardware 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 Unitech Printed Circuit Board and its competitors. Unitech Printed Circuit Board's current Research & Development is NT$164 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Unitech Printed Circuit Board stock overvalued right now?
Based on GuruFocus' analysis, Unitech Printed Circuit Board (TPE:2367) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$25.59, compared to a current price of NT$52.80 — trading 106.3% above its estimated fair value. The current Research & Development is NT$164 Mil. Unitech Printed Circuit Board's overall GF Score™ is 58/100 with 4 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 Unitech Printed Circuit Board (TPE:2367), the current Research & Development is NT$164 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 Unitech Printed Circuit Board (TPE:2367) Overvalued in 2026?

Based on GuruFocus' analysis, Unitech Printed Circuit Board stock appears to be overvalued. The current stock price of NT$52.80 is trading 106.3% above its estimated GF Value™ of NT$25.59. GuruFocus considers Unitech Printed Circuit Board to be Significantly Overvalued.

Key valuation signals for TPE:2367:

  • Research & Development: NT$164 Mil
  • GF Value™: NT$25.59 vs. price of NT$52.80 (106.3% above fair value)
  • GF Score™: 58/100 with 4 warning signs

No single metric tells the full story. See the TPE:2367 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Unitech Printed Circuit Board Business Description

Address No. 3, Lane 4, Zhongshan Road, Tucheng district, New Taipei, TWN, 23680
Unitech Printed Circuit Board Corp is a manufacturer of printed circuit boards and solar cells. The company provides double-sided PCBs and multi-layer PCBs as well as mono-crystalline silicon solar cells, rigid-Flex PCBs, and multi-crystalline silicon solar cells.
58GF Score

Get the complete analysis for TPE:2367

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

NT$52.80
Price
NT$25.59
GF Value