Hiwin Mikrosystem (TPE:4576) Research & Development: NT$273 Mil (TTM As of Dec. 2025)


TPE:4576 Hiwin Mikrosystem Corp TPE:4576
64 GF Score
Price NT$222.50
GF Value NT$125.29
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Hiwin Mikrosystem Research & Development?

Hiwin Mikrosystem TPE:4576 -5.32% 64 Research & Development is NT$273 Mil as of Dec. 2025. GuruFocus rates TPE:4576 with a GF Score™ of 64/100 and a GF Value™ of NT$125.29 (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. Hiwin Mikrosystem's Research & Development for the three months ended in Dec. 2025 was NT$77 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was NT$273 Mil.

Hiwin Mikrosystem  (TPE:4576) 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.

Hiwin Mikrosystem Research & Development Related Terms

Hiwin Mikrosystem Research & Development Historical Data

* Premium members only.

The historical data trend for Hiwin Mikrosystem'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.

Hiwin Mikrosystem Research & Development Chart

Hiwin Mikrosystem 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 313.94 311.42 280.30 280.53 272.80

Hiwin Mikrosystem 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 66.17 69.71 59.19 67.20 76.69
TPE:4576
64GF Score
Hiwin Mikrosystem Corp TPE:4576
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Hiwin Mikrosystem 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$273 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$273 Mil mean?
Hiwin Mikrosystem (TPE:4576) has a Research & Development of NT$273 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Hiwin Mikrosystem and its competitors.
Is Hiwin Mikrosystem's Research & Development too high?
Hiwin Mikrosystem's current Research & Development is NT$273 Mil. Overall, Hiwin Mikrosystem has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hiwin Mikrosystem's Research & Development compare to VRT and BE?
Hiwin Mikrosystem's Research & Development of NT$273 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Research & Development depends on the Industrial Products 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 Hiwin Mikrosystem and its competitors. Hiwin Mikrosystem's current Research & Development is NT$273 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiwin Mikrosystem stock overvalued right now?
Based on GuruFocus' analysis, Hiwin Mikrosystem (TPE:4576) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$125.29, compared to a current price of NT$222.50 — trading 77.6% above its estimated fair value. The current Research & Development is NT$273 Mil. Hiwin Mikrosystem's overall GF Score™ is 64/100 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 Hiwin Mikrosystem (TPE:4576), the current Research & Development is NT$273 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 Hiwin Mikrosystem (TPE:4576) Overvalued in 2026?

Based on GuruFocus' analysis, Hiwin Mikrosystem stock appears to be overvalued. The current stock price of NT$222.50 is trading 77.6% above its estimated GF Value™ of NT$125.29. GuruFocus considers Hiwin Mikrosystem to be Significantly Overvalued.

Key valuation signals for TPE:4576:

  • Research & Development: NT$273 Mil
  • GF Value™: NT$125.29 vs. price of NT$222.50 (77.6% above fair value)
  • GF Score™: 64/100 with 4 warning signs

No single metric tells the full story. See the TPE:4576 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hiwin Mikrosystem Business Description

Address No. 6, Jingke Central Road, Chuen She Village, Nantun District, Taichung, TWN
Hiwin Mikrosystem Corp is engaged in manufacturing, repairing, and selling a variety of motors, drives, and automation systems. Its product offerings include ballscrews, rolled ballscrews, precision linear guideways, rotary motors, and single-axis motors, among others. Its products can be applied in semiconductor equipment, optical component manufacturing equipment, automation equipment, Medicare and healthcare equipment, rehabilitation equipment, and transportation. The company's reportable segments are precision motion and control parts, micro and nano-positioning systems and others. The majority of revenue is derived from the micro and nano-positioning systems segment. Geographically, the maximum revenue is generated from Taiwan.
64GF Score

Get the complete analysis for TPE:4576

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

NT$222.50
Price
NT$125.29
GF Value