Lien Chang Electronic Enterprise Co (TPE:2431) Research & Development: NT$27.5 Mil (TTM As of Dec. 2025)


TPE:2431 Lien Chang Electronic Enterprise Co Ltd TPE:2431
58 GF Score
Price NT$11.45
GF Value NT$8.75
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Lien Chang Electronic Enterprise Co Research & Development?

Lien Chang Electronic Enterprise Co TPE:2431 58 Research & Development is NT$27.5 Mil as of Dec. 2025. GuruFocus rates TPE:2431 with a GF Score™ of 58/100 and a GF Value™ of NT$8.75 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Lien Chang Electronic Enterprise Co's Research & Development for the three months ended in Dec. 2025 was NT$8.2 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was NT$27.5 Mil.

Lien Chang Electronic Enterprise Co  (TPE:2431) 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.

Lien Chang Electronic Enterprise Co Research & Development Related Terms

Lien Chang Electronic Enterprise Co Research & Development Historical Data

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The historical data trend for Lien Chang Electronic Enterprise 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.

Lien Chang Electronic Enterprise Co Research & Development Chart

Lien Chang Electronic Enterprise 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 35.57 24.78 24.14 24.50 27.49

Lien Chang Electronic Enterprise 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 6.03 6.34 6.49 6.49 8.18
TPE:2431
58GF Score
Lien Chang Electronic Enterprise Co Ltd TPE:2431
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Lien Chang Electronic Enterprise 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$27.5 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$27.5 Mil mean?
Lien Chang Electronic Enterprise Co (TPE:2431) has a Research & Development of NT$27.5 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Lien Chang Electronic Enterprise Co and its competitors.
Is Lien Chang Electronic Enterprise Co's Research & Development too high?
Lien Chang Electronic Enterprise Co's current Research & Development is NT$27.5 Mil. Overall, Lien Chang Electronic Enterprise Co has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lien Chang Electronic Enterprise Co's Research & Development compare to APH and GLW?
Lien Chang Electronic Enterprise Co's Research & Development of NT$27.5 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 Lien Chang Electronic Enterprise Co and its competitors. Lien Chang Electronic Enterprise Co's current Research & Development is NT$27.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lien Chang Electronic Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Lien Chang Electronic Enterprise Co (TPE:2431) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$8.75, compared to a current price of NT$11.45 — trading 30.9% above its estimated fair value. The current Research & Development is NT$27.5 Mil. Lien Chang Electronic Enterprise Co's overall GF Score™ is 58/100 with 2 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 Lien Chang Electronic Enterprise Co (TPE:2431), the current Research & Development is NT$27.5 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 Lien Chang Electronic Enterprise Co (TPE:2431) Overvalued in 2026?

Based on GuruFocus' analysis, Lien Chang Electronic Enterprise Co stock appears to be overvalued. The current stock price of NT$11.45 is trading 30.9% above its estimated GF Value™ of NT$8.75. GuruFocus considers Lien Chang Electronic Enterprise Co to be Significantly Overvalued.

Key valuation signals for TPE:2431:

  • Research & Development: NT$27.5 Mil
  • GF Value™: NT$8.75 vs. price of NT$11.45 (30.9% above fair value)
  • GF Score™: 58/100 with 2 warning signs

No single metric tells the full story. See the TPE:2431 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Lien Chang Electronic Enterprise Co Business Description

Address Section 6, Nanjing East Road, 11th Floor, Number 501, Neihu District, Taipei, TWN, 11469
Lien Chang Electronic Enterprise Co Ltd is mainly engaged in the manufacture and trading of display monitors and power supply units. The company specializes in ODM manufacturing of power supply units, charging devices, and BLDC controllers, catering to industries including consumer electronics, household appliances, industrial equipment and automotive components. Its products and services include Drone ESC, Consumer Chargers, Power Supply Units, Motor/Compressor Drivers, Automotive Parts OEM, and Display. Geographically, the company generates a majority of its revenue from Asia.
58GF Score

Get the complete analysis for TPE:2431

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

NT$11.45
Price
NT$8.75
GF Value