Good Will Instrument Co (TPE:2423) Research & Development: NT$274 Mil (TTM As of Dec. 2025)


TPE:2423 Good Will Instrument Co Ltd TPE:2423
75 GF Score
Price NT$73.50
GF Value NT$41.45
Valuation Significantly Overvalued
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What is Good Will Instrument Co Research & Development?

Good Will Instrument Co TPE:2423 -6.01% 75 Research & Development is NT$274 Mil as of Dec. 2025. GuruFocus rates TPE:2423 with a GF Score™ of 75/100 and a GF Value™ of NT$41.45 (Significantly Overvalued).

Research & Development is the aggregate amount of research and development expenses during the year. Good Will Instrument Co's Research & Development for the three months ended in Dec. 2025 was NT$74 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was NT$274 Mil.

Good Will Instrument Co  (TPE:2423) 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.

Good Will Instrument Co Research & Development Related Terms

Good Will Instrument Co Research & Development Historical Data

* Premium members only.

The historical data trend for Good Will Instrument 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.

Good Will Instrument Co Research & Development Chart

Good Will Instrument 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 221.54 240.71 244.35 261.87 274.15

Good Will Instrument 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 65.45 63.09 69.10 68.42 73.54
TPE:2423
75GF Score
Good Will Instrument Co Ltd TPE:2423
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Good Will Instrument 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$274 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$274 Mil mean?
Good Will Instrument Co (TPE:2423) has a Research & Development of NT$274 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Good Will Instrument Co and its competitors.
Is Good Will Instrument Co's Research & Development too high?
Good Will Instrument Co's current Research & Development is NT$274 Mil. Overall, Good Will Instrument Co has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Good Will Instrument Co's Research & Development compare to COHR and KEYS?
Good Will Instrument Co's Research & Development of NT$274 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 Good Will Instrument Co and its competitors. Good Will Instrument Co's current Research & Development is NT$274 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Good Will Instrument Co stock overvalued right now?
Based on GuruFocus' analysis, Good Will Instrument Co (TPE:2423) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$41.45, compared to a current price of NT$73.50 — trading 77.3% above its estimated fair value. The current Research & Development is NT$274 Mil. Good Will Instrument Co's overall GF Score™ is 75/100. 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 Good Will Instrument Co (TPE:2423), the current Research & Development is NT$274 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 Good Will Instrument Co (TPE:2423) Overvalued in 2026?

Based on GuruFocus' analysis, Good Will Instrument Co stock appears to be overvalued. The current stock price of NT$73.50 is trading 77.3% above its estimated GF Value™ of NT$41.45. GuruFocus considers Good Will Instrument Co to be Significantly Overvalued.

Key valuation signals for TPE:2423:

  • Research & Development: NT$274 Mil
  • GF Value™: NT$41.45 vs. price of NT$73.50 (77.3% above fair value)
  • GF Score™: 75/100

No single metric tells the full story. See the TPE:2423 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Good Will Instrument Co Business Description

Address Jhongsing Road, No. 7-1, Tucheng District, New Taipei City, TWN, 236
Good Will Instrument Co Ltd manufactures and sells electrical testing instruments, communication equipment, and related products. Its products include oscilloscopes, spectrum analyzers, signal sources, power supplies, public broadcasting and video monitoring systems, environmental testing equipment, constant temperature and humidity equipment, and vibration test equipment, among others. Geographically, the company generates a majority of its revenue from China and the rest from Japan, Taiwan, America, Europe, and other countries.
75GF Score

Get the complete analysis for TPE:2423

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

NT$73.50
Price
NT$41.45
GF Value