Tong Ming Enterprise Co (TPE:5538) Research & Development: NT$29 Mil (TTM As of Dec. 2025)

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TPE:5538 Tong Ming Enterprise Co Ltd TPE:5538
81 GF Score
Price NT$33.45
GF Value NT$30.68
Valuation Fairly Valued
! 6 Warning Signs
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What is Tong Ming Enterprise Co Research & Development?

Tong Ming Enterprise Co TPE:5538 +0.60% 81 Research & Development is NT$29 Mil as of Dec. 2025. GuruFocus rates TPE:5538 with a GF Score™ of 81/100 and a GF Value™ of NT$30.68 (Fairly Valued). The stock has 6 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Tong Ming Enterprise Co's Research & Development for the three months ended in Dec. 2025 was NT$8 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was NT$29 Mil.

Tong Ming Enterprise Co  (TPE:5538) 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.

Tong Ming Enterprise Co Research & Development Related Terms

Tong Ming Enterprise Co Research & Development Historical Data

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The historical data trend for Tong Ming Enterprise 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.

Tong Ming Enterprise Co Research & Development Chart

Tong Ming Enterprise 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 22.91 22.46 29.52 29.30 28.87

Tong Ming Enterprise 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 6.29 5.80 7.69 7.37 8.01
TPE:5538
81GF Score
Tong Ming Enterprise Co Ltd TPE:5538
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Tong Ming Enterprise 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$29 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$29 Mil mean?
Tong Ming Enterprise Co (TPE:5538) has a Research & Development of NT$29 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Tong Ming Enterprise Co and its competitors.
Is Tong Ming Enterprise Co's Research & Development too high?
Tong Ming Enterprise Co's current Research & Development is NT$29 Mil. Overall, Tong Ming Enterprise Co has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tong Ming Enterprise Co's Research & Development compare to NUE and STLD?
Tong Ming Enterprise Co's Research & Development of NT$29 Mil can be compared against companies in the Steel 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 Steel company?
A good Research & Development depends on the Steel 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 Tong Ming Enterprise Co and its competitors. Tong Ming Enterprise Co's current Research & Development is NT$29 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tong Ming Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Tong Ming Enterprise Co (TPE:5538) is currently considered Fairly Valued. The stock's GF Value™ is NT$30.68, compared to a current price of NT$33.45 — trading 9% above its estimated fair value. The current Research & Development is NT$29 Mil. Tong Ming Enterprise Co's overall GF Score™ is 81/100 with 6 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 Tong Ming Enterprise Co (TPE:5538), the current Research & Development is NT$29 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 Tong Ming Enterprise Co (TPE:5538) Overvalued in 2026?

Based on GuruFocus' analysis, Tong Ming Enterprise Co stock appears to be overvalued. The current stock price of NT$33.45 is trading 9% above its estimated GF Value™ of NT$30.68. GuruFocus considers Tong Ming Enterprise Co to be Fairly Valued.

Key valuation signals for TPE:5538:

  • Research & Development: NT$29 Mil
  • GF Value™: NT$30.68 vs. price of NT$33.45 (9% above fair value)
  • GF Score™: 81/100 with 6 warning signs

No single metric tells the full story. See the TPE:5538 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Tong Ming Enterprise Co Business Description

Address No. 88, Changsheng East Road, Economic Development Zone, Zhejiang Province, Jiaxing, CHN, 314003
Tong Ming Enterprise Co Ltd is specialized in manufacturing and selling brand stainless steel fasteners and wires. The company derives the maximum revenue from Fasteners products. Geographically, the company operates in China. The company serves industries such as curtain wall, high-speed railways, communication, new energy, shipbuilding, animal husbandry, and foreign engineering projects. It derives maximum revenue from Fasteners followed by Wire, Strategic products, and others.
81GF Score

Get the complete analysis for TPE:5538

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

NT$33.45
Price
NT$30.68
GF Value