Gold Circuit Electronics (TPE:2368) Research & Development: NT$1,256 Mil (TTM As of Dec. 2025)


TPE:2368 Gold Circuit Electronics Ltd TPE:2368
72 GF Score
Price NT$1,190.00
GF Value NT$485.25
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Gold Circuit Electronics Research & Development?

Gold Circuit Electronics TPE:2368 -4.03% 72 Research & Development is NT$1,256 Mil as of Dec. 2025. GuruFocus rates TPE:2368 with a GF Score™ of 72/100 and a GF Value™ of NT$485.25 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Gold Circuit Electronics's Research & Development for the three months ended in Dec. 2025 was NT$353 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was NT$1,256 Mil.

Gold Circuit Electronics  (TPE:2368) 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.

Gold Circuit Electronics Research & Development Related Terms

Gold Circuit Electronics Research & Development Historical Data

* Premium members only.

The historical data trend for Gold Circuit Electronics'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.

Gold Circuit Electronics Research & Development Chart

Gold Circuit Electronics 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 623.22 718.23 802.58 974.22 1,256.44

Gold Circuit Electronics 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 243.41 274.42 295.94 333.31 352.77
TPE:2368
72GF Score
Gold Circuit Electronics Ltd TPE:2368
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Gold Circuit Electronics 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$1,256 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$1,256 Mil mean?
Gold Circuit Electronics (TPE:2368) has a Research & Development of NT$1,256 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Gold Circuit Electronics and its competitors.
Is Gold Circuit Electronics' Research & Development too high?
Gold Circuit Electronics' current Research & Development is NT$1,256 Mil. Overall, Gold Circuit Electronics has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gold Circuit Electronics' Research & Development compare to APH and GLW?
Gold Circuit Electronics' Research & Development of NT$1,256 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 Gold Circuit Electronics and its competitors. Gold Circuit Electronics's current Research & Development is NT$1,256 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gold Circuit Electronics stock overvalued right now?
Based on GuruFocus' analysis, Gold Circuit Electronics (TPE:2368) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$485.25, compared to a current price of NT$1,190.00 — trading 145.2% above its estimated fair value. The current Research & Development is NT$1,256 Mil. Gold Circuit Electronics' overall GF Score™ is 72/100 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 Gold Circuit Electronics (TPE:2368), the current Research & Development is NT$1,256 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 Gold Circuit Electronics (TPE:2368) Overvalued in 2026?

Based on GuruFocus' analysis, Gold Circuit Electronics stock appears to be overvalued. The current stock price of NT$1,190.00 is trading 145.2% above its estimated GF Value™ of NT$485.25. GuruFocus considers Gold Circuit Electronics to be Significantly Overvalued.

Key valuation signals for TPE:2368:

  • Research & Development: NT$1,256 Mil
  • GF Value™: NT$485.25 vs. price of NT$1,190.00 (145.2% above fair value)
  • GF Score™: 72/100 with 8 warning signs

No single metric tells the full story. See the TPE:2368 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Gold Circuit Electronics Business Description

Address No. 113, Xiyuan Road, Zhongli Industrial Park, Zhongli District, Taoyuan, TWN, 320
Gold Circuit Electronics Ltd manufactures, processes and sells printed circuit boards for various applications. Its products are applied in notebooks, handheld devices, telecommunications, networking, and server & storage fields, among others. The company's revenue was generated from the sale of electronic products, such as printed circuit boards.
72GF Score

Get the complete analysis for TPE:2368

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

NT$1,190.00
Price
NT$485.25
GF Value