Lee Chang Yung Technology (TPE:4989) Research & Development: NT$12 Mil (TTM As of Dec. 2025)


TPE:4989 Lee Chang Yung Technology Corp TPE:4989
40 GF Score
Price NT$82.40
GF Value NT$17.58
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Lee Chang Yung Technology Research & Development?

Lee Chang Yung Technology TPE:4989 -9.85% 40 Research & Development is NT$12 Mil as of Dec. 2025. GuruFocus rates TPE:4989 with a GF Score™ of 40/100 and a GF Value™ of NT$17.58 (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. Lee Chang Yung Technology's Research & Development for the three months ended in Dec. 2025 was NT$3 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was NT$12 Mil.

Lee Chang Yung Technology  (TPE:4989) 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.

Lee Chang Yung Technology Research & Development Related Terms

Lee Chang Yung Technology Research & Development Historical Data

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The historical data trend for Lee Chang Yung Technology'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.

Lee Chang Yung Technology Research & Development Chart

Lee Chang Yung Technology 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 13.67 13.24 11.27 11.17 12.03

Lee Chang Yung Technology 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 2.24 3.62 2.84 2.66 2.91
TPE:4989
40GF Score
Lee Chang Yung Technology Corp TPE:4989
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Lee Chang Yung Technology 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$12 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$12 Mil mean?
Lee Chang Yung Technology (TPE:4989) has a Research & Development of NT$12 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Lee Chang Yung Technology and its competitors.
Is Lee Chang Yung Technology's Research & Development too high?
Lee Chang Yung Technology's current Research & Development is NT$12 Mil. Overall, Lee Chang Yung Technology has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lee Chang Yung Technology's Research & Development compare to SCCO and FCX?
Lee Chang Yung Technology's Research & Development of NT$12 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Research & Development depends on the Metals & Mining 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 Lee Chang Yung Technology and its competitors. Lee Chang Yung Technology's current Research & Development is NT$12 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lee Chang Yung Technology stock overvalued right now?
Based on GuruFocus' analysis, Lee Chang Yung Technology (TPE:4989) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$17.58, compared to a current price of NT$82.40 — trading 368.7% above its estimated fair value. The current Research & Development is NT$12 Mil. Lee Chang Yung Technology's overall GF Score™ is 40/100 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 Lee Chang Yung Technology (TPE:4989), the current Research & Development is NT$12 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 Lee Chang Yung Technology (TPE:4989) Overvalued in 2026?

Based on GuruFocus' analysis, Lee Chang Yung Technology stock appears to be overvalued. The current stock price of NT$82.40 is trading 368.7% above its estimated GF Value™ of NT$17.58. GuruFocus considers Lee Chang Yung Technology to be Significantly Overvalued.

Key valuation signals for TPE:4989:

  • Research & Development: NT$12 Mil
  • GF Value™: NT$17.58 vs. price of NT$82.40 (368.7% above fair value)
  • GF Score™: 40/100 with 4 warning signs

No single metric tells the full story. See the TPE:4989 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Lee Chang Yung Technology Business Description

Address Bade Road, 5th Floor, No. 83, Section 4, Songshan District, Taipei City, TWN
Lee Chang Yung Technology Corp produces, manufactures, and sells electrolytic copper foil, an upstream material for printed circuit boards. The Group currently sells a single product, copper foil.
40GF Score

Get the complete analysis for TPE:4989

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

NT$82.40
Price
NT$17.58
GF Value