Lumax International (TPE:6192) Research & Development: NT$146 Mil (TTM As of Dec. 2025)


TPE:6192 Lumax International Corp Ltd TPE:6192
85 GF Score
Price NT$119.00
GF Value NT$102.74
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Lumax International Research & Development?

Lumax International TPE:6192 -2.86% 85 Research & Development is NT$146 Mil as of Dec. 2025. GuruFocus rates TPE:6192 with a GF Score™ of 85/100 and a GF Value™ of NT$102.74 (Modestly Overvalued). The stock has 3 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Lumax International's Research & Development for the three months ended in Dec. 2025 was NT$40 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was NT$146 Mil.

Lumax International  (TPE:6192) 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.

Lumax International Research & Development Related Terms

Lumax International Research & Development Historical Data

* Premium members only.

The historical data trend for Lumax International'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.

Lumax International Research & Development Chart

Lumax International 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 99.25 113.21 116.11 135.63 145.52

Lumax International 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 37.73 33.80 35.97 35.95 39.80
TPE:6192
85GF Score
Lumax International Corp Ltd TPE:6192
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Lumax International 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$146 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$146 Mil mean?
Lumax International (TPE:6192) has a Research & Development of NT$146 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Lumax International and its competitors.
Is Lumax International's Research & Development too high?
Lumax International's current Research & Development is NT$146 Mil. Overall, Lumax International has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lumax International's Research & Development compare to GWW and FAST?
Lumax International's Research & Development of NT$146 Mil can be compared against companies in the Industrial Distribution 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 Distribution company?
A good Research & Development depends on the Industrial Distribution 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 Lumax International and its competitors. Lumax International's current Research & Development is NT$146 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lumax International stock overvalued right now?
Based on GuruFocus' analysis, Lumax International (TPE:6192) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$102.74, compared to a current price of NT$119.00 — trading 15.8% above its estimated fair value. The current Research & Development is NT$146 Mil. Lumax International's overall GF Score™ is 85/100 with 3 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 Lumax International (TPE:6192), the current Research & Development is NT$146 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 Lumax International (TPE:6192) Overvalued in 2026?

Based on GuruFocus' analysis, Lumax International stock appears to be overvalued. The current stock price of NT$119.00 is trading 15.8% above its estimated GF Value™ of NT$102.74. GuruFocus considers Lumax International to be Modestly Overvalued.

Key valuation signals for TPE:6192:

  • Research & Development: NT$146 Mil
  • GF Value™: NT$102.74 vs. price of NT$119.00 (15.8% above fair value)
  • GF Score™: 85/100 with 3 warning signs

No single metric tells the full story. See the TPE:6192 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Lumax International Business Description

Address Yuanyuan Street, No. 3-1, 12th Floor, NanKang Software Park, Nangang District, Taipei, TWN, 115603
Lumax International Corp Ltd is engaged in the trading of electronic components and process control equipment, the integration of process control systems, and the provision of related maintenance services. It provides goods or services in the following reportable segments: Process control instrument - department A; Process control system - department B; Telecommunication system - department C; Electronics component - department D; and Other process control - department CN. Maximum revenue is derived from the Process control division, which provides hardware products for calibration, inspection, and maintenance of control valves, switch valves, measurement instruments, analyzing instruments, etc. Geographically, it generates maximum revenue from Taiwan, followed by China, and other markets.
85GF Score

Get the complete analysis for TPE:6192

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

NT$119.00
Price
NT$102.74
GF Value