Apex International Co (TPE:4927) Research & Development: NT$38 Mil (TTM As of Dec. 2025)


TPE:4927 Apex International Co Ltd TPE:4927
65 GF Score
Price NT$45.65
GF Value NT$29.80
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Apex International Co Research & Development?

Apex International Co TPE:4927 -6.26% 65 Research & Development is NT$38 Mil as of Dec. 2025. GuruFocus rates TPE:4927 with a GF Score™ of 65/100 and a GF Value™ of NT$29.80 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Apex International Co's Research & Development for the three months ended in Dec. 2025 was NT$9 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was NT$38 Mil.

Apex International Co  (TPE:4927) 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.

Apex International Co Research & Development Related Terms

Apex International Co Research & Development Historical Data

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The historical data trend for Apex International 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.

Apex International Co Research & Development Chart

Apex International 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 45.44 53.60 57.10 68.76 38.15

Apex International 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 11.64 9.18 7.03 12.61 9.33
TPE:4927
65GF Score
Apex International Co Ltd TPE:4927
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Apex International 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$38 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$38 Mil mean?
Apex International Co (TPE:4927) has a Research & Development of NT$38 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Apex International Co and its competitors.
Is Apex International Co's Research & Development too high?
Apex International Co's current Research & Development is NT$38 Mil. Overall, Apex International Co has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apex International Co's Research & Development compare to APH and GLW?
Apex International Co's Research & Development of NT$38 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 Apex International Co and its competitors. Apex International Co's current Research & Development is NT$38 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apex International Co stock overvalued right now?
Based on GuruFocus' analysis, Apex International Co (TPE:4927) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$29.80, compared to a current price of NT$45.65 — trading 53.2% above its estimated fair value. The current Research & Development is NT$38 Mil. Apex International Co's overall GF Score™ is 65/100 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 Apex International Co (TPE:4927), the current Research & Development is NT$38 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 Apex International Co (TPE:4927) Overvalued in 2026?

Based on GuruFocus' analysis, Apex International Co stock appears to be overvalued. The current stock price of NT$45.65 is trading 53.2% above its estimated GF Value™ of NT$29.80. GuruFocus considers Apex International Co to be Significantly Overvalued.

Key valuation signals for TPE:4927:

  • Research & Development: NT$38 Mil
  • GF Value™: NT$29.80 vs. price of NT$45.65 (53.2% above fair value)
  • GF Score™: 65/100 with 8 warning signs

No single metric tells the full story. See the TPE:4927 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Apex International Co Business Description

Address 802, Oleander Way, West Bay Road, P.O. Box 32052, The Grand Pavilion Commercial Centre, Grand Cayman, CYM, KY1-1208
Apex International Co Ltd manufactures and sells double-sided and multi-layer printed circuit boards. It PCBs are applied in electronic products, such as digital versatile disks, LCD TVs, air conditioners, digital cameras, projectors, TV tuners, DVD players, recordable machines, printers, hard drives and motherboards, mobile phones, set-top boxes, and satellite TV receivers, as well as automotive audio components. Its product categories comprise home appliances, communication equipment, computer equipment, and auto parts. The Group has a single reportable segment: Thailand, which manufactures and sells PCBs. Geographically, it operates in Thailand, Korea, Hong Kong, Singapore, Vietnam, and Others.
65GF Score

Get the complete analysis for TPE:4927

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

NT$45.65
Price
NT$29.80
GF Value