Bes Engineering Co (TPE:2515) Research & Development: NT$39 Mil (TTM As of Dec. 2025)


TPE:2515 Bes Engineering Co TPE:2515
79 GF Score
Price NT$12.95
GF Value NT$14.81
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Bes Engineering Co Research & Development?

Bes Engineering Co TPE:2515 -0.77% 79 Research & Development is NT$39 Mil as of Dec. 2025. GuruFocus rates TPE:2515 with a GF Score™ of 79/100 and a GF Value™ of NT$14.81 (Modestly Undervalued). The stock has 8 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Bes Engineering Co's Research & Development for the three months ended in Dec. 2025 was NT$19 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was NT$39 Mil.

Bes Engineering Co  (TPE:2515) 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.

Bes Engineering Co Research & Development Related Terms

Bes Engineering Co Research & Development Historical Data

* Premium members only.

The historical data trend for Bes Engineering 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.

Bes Engineering Co Research & Development Chart

Bes Engineering 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 27.11 30.84 33.57 41.31 38.61

Bes Engineering 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 20.27 6.10 8.00 5.94 18.58
TPE:2515
79GF Score
Bes Engineering Co TPE:2515
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Bes Engineering 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$39 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$39 Mil mean?
Bes Engineering Co (TPE:2515) has a Research & Development of NT$39 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Bes Engineering Co and its competitors.
Is Bes Engineering Co's Research & Development too high?
Bes Engineering Co's current Research & Development is NT$39 Mil. Overall, Bes Engineering Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bes Engineering Co's Research & Development compare to PWR and FIX?
Bes Engineering Co's Research & Development of NT$39 Mil can be compared against companies in the Construction 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 Construction company?
A good Research & Development depends on the Construction 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 Bes Engineering Co and its competitors. Bes Engineering Co's current Research & Development is NT$39 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bes Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Bes Engineering Co (TPE:2515) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$14.81, compared to a current price of NT$12.95 — trading 12.6% below its estimated fair value. The current Research & Development is NT$39 Mil. Bes Engineering Co's overall GF Score™ is 79/100 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 Bes Engineering Co (TPE:2515), the current Research & Development is NT$39 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 Bes Engineering Co (TPE:2515) Overvalued in 2026?

Based on GuruFocus' analysis, Bes Engineering Co stock appears to be undervalued. The current stock price of NT$12.95 is trading 12.6% below its estimated GF Value™ of NT$14.81. GuruFocus considers Bes Engineering Co to be Modestly Undervalued.

Key valuation signals for TPE:2515:

  • Research & Development: NT$39 Mil
  • GF Value™: NT$14.81 vs. price of NT$12.95 (12.6% below fair value)
  • GF Score™: 79/100 with 8 warning signs

No single metric tells the full story. See the TPE:2515 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Bes Engineering Co Business Description

Address 6th Floor, No. 12, Dongxing Road, Songshan District, Taipei, TWN
Bes Engineering Co engages mainly in civil engineering, building construction, real estate transactions, and the development of industrial districts for the government. Its construction engineering includes super high-rise buildings, high-end residences, department stores, office buildings, factories and offices, medical buildings, schools, gymnasiums, and large-scale community development.
79GF Score

Get the complete analysis for TPE:2515

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

NT$12.95
Price
NT$14.81
GF Value