Polytronics Technology (TPE:6224) Research & Development: NT$226 Mil (TTM As of Dec. 2025)


TPE:6224 Polytronics Technology Corp TPE:6224
80 GF Score
Price NT$74.80
GF Value NT$56.62
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Polytronics Technology Research & Development?

Polytronics Technology TPE:6224 -5.32% 80 Research & Development is NT$226 Mil as of Dec. 2025. GuruFocus rates TPE:6224 with a GF Score™ of 80/100 and a GF Value™ of NT$56.62 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Polytronics Technology's Research & Development for the three months ended in Dec. 2025 was NT$56 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was NT$226 Mil.

Polytronics Technology  (TPE:6224) 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.

Polytronics Technology Research & Development Related Terms

Polytronics Technology Research & Development Historical Data

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The historical data trend for Polytronics 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.

Polytronics Technology Research & Development Chart

Polytronics 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 154.81 175.93 223.89 244.21 225.99

Polytronics 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 60.85 56.79 54.59 58.71 55.91
TPE:6224
80GF Score
Polytronics Technology Corp TPE:6224
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Polytronics 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$226 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$226 Mil mean?
Polytronics Technology (TPE:6224) has a Research & Development of NT$226 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Polytronics Technology and its competitors.
Is Polytronics Technology's Research & Development too high?
Polytronics Technology's current Research & Development is NT$226 Mil. Overall, Polytronics Technology has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Polytronics Technology's Research & Development compare to APH and GLW?
Polytronics Technology's Research & Development of NT$226 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 Polytronics Technology and its competitors. Polytronics Technology's current Research & Development is NT$226 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polytronics Technology stock overvalued right now?
Based on GuruFocus' analysis, Polytronics Technology (TPE:6224) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$56.62, compared to a current price of NT$74.80 — trading 32.1% above its estimated fair value. The current Research & Development is NT$226 Mil. Polytronics Technology's overall GF Score™ is 80/100 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 Polytronics Technology (TPE:6224), the current Research & Development is NT$226 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 Polytronics Technology (TPE:6224) Overvalued in 2026?

Based on GuruFocus' analysis, Polytronics Technology stock appears to be overvalued. The current stock price of NT$74.80 is trading 32.1% above its estimated GF Value™ of NT$56.62. GuruFocus considers Polytronics Technology to be Significantly Overvalued.

Key valuation signals for TPE:6224:

  • Research & Development: NT$226 Mil
  • GF Value™: NT$56.62 vs. price of NT$74.80 (32.1% above fair value)
  • GF Score™: 80/100 with 6 warning signs

No single metric tells the full story. See the TPE:6224 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Polytronics Technology Business Description

Address No. 24-1 Industry E. Road. IV, Hsinchu Science Park, Hsinchu, TWN, 300
Polytronics Technology Corp, along with its subsidiaries, is a company that specializes in the research, development, manufacturing, and sale of polymeric positive temperature coefficient thermistors and overvoltage protection elements, as well as production-related semi-finished goods, modules, heat conductive substrates, thermal modules, heat dispersing materials, light emitting diode lighting, and modules. Geographically, the company operates in Taiwan, China (including Hong Kong) and America, and Others, of which it derives maximum revenue from China.
80GF Score

Get the complete analysis for TPE:6224

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

NT$74.80
Price
NT$56.62
GF Value