Coremax (TPE:4739) Research & Development: NT$19 Mil (TTM As of Dec. 2025)


TPE:4739 Coremax Corp TPE:4739
62 GF Score
Price NT$106.00
GF Value NT$78.39
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Coremax Research & Development?

Coremax TPE:4739 -6.61% 62 Research & Development is NT$19 Mil as of Dec. 2025. GuruFocus rates TPE:4739 with a GF Score™ of 62/100 and a GF Value™ of NT$78.39 (Significantly Overvalued). The stock has 9 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Coremax's Research & Development for the three months ended in Dec. 2025 was NT$4 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was NT$19 Mil.

Coremax  (TPE:4739) 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.

Coremax Research & Development Related Terms

Coremax Research & Development Historical Data

* Premium members only.

The historical data trend for Coremax'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.

Coremax Research & Development Chart

Coremax 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 8.97 20.56 13.41 20.33 18.91

Coremax 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 5.38 4.92 4.71 5.05 4.24
TPE:4739
62GF Score
Coremax Corp TPE:4739
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Coremax 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$19 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$19 Mil mean?
Coremax (TPE:4739) has a Research & Development of NT$19 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Coremax and its competitors.
Is Coremax's Research & Development too high?
Coremax's current Research & Development is NT$19 Mil. Overall, Coremax has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Coremax's Research & Development compare to LIN and SHW?
Coremax's Research & Development of NT$19 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Research & Development depends on the Chemicals 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 Coremax and its competitors. Coremax's current Research & Development is NT$19 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coremax stock overvalued right now?
Based on GuruFocus' analysis, Coremax (TPE:4739) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$78.39, compared to a current price of NT$106.00 — trading 35.2% above its estimated fair value. The current Research & Development is NT$19 Mil. Coremax's overall GF Score™ is 62/100 with 9 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 Coremax (TPE:4739), the current Research & Development is NT$19 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 Coremax (TPE:4739) Overvalued in 2026?

Based on GuruFocus' analysis, Coremax stock appears to be overvalued. The current stock price of NT$106.00 is trading 35.2% above its estimated GF Value™ of NT$78.39. GuruFocus considers Coremax to be Significantly Overvalued.

Key valuation signals for TPE:4739:

  • Research & Development: NT$19 Mil
  • GF Value™: NT$78.39 vs. price of NT$106.00 (35.2% above fair value)
  • GF Score™: 62/100 with 9 warning signs

No single metric tells the full story. See the TPE:4739 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Coremax Business Description

Address 11 Wenhua Road, Hsinchu Industrial Park, Hsinchu County, TWN, 30352
Coremax Corp is engaged in the manufacturing, sales, import, and export of oxidation catalysts, battery materials, chemical fertilizers, and specialty chemicals. The company operates in Oxidation catalyst department; Battery material department; Chemical fertilizers department; and Specialty chemical department. Geographically, the company generates its revenue from Taiwan and the rest from China and other regions.
62GF Score

Get the complete analysis for TPE:4739

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

NT$106.00
Price
NT$78.39
GF Value