Andes Technology (TPE:6533) Research & Development: NT$1,285 Mil (TTM As of Dec. 2025)


TPE:6533 Andes Technology Corp TPE:6533
78 GF Score
Price NT$192.00
GF Value NT$573.00
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Andes Technology Research & Development?

Andes Technology TPE:6533 -5.19% 78 Research & Development is NT$1,285 Mil as of Dec. 2025. GuruFocus rates TPE:6533 with a GF Score™ of 78/100 and a GF Value™ of NT$573.00 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Andes Technology's Research & Development for the three months ended in Dec. 2025 was NT$334 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was NT$1,285 Mil.

Andes Technology  (TPE:6533) 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.

Andes Technology Research & Development Related Terms

Andes Technology Research & Development Historical Data

* Premium members only.

The historical data trend for Andes 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.

Andes Technology Research & Development Chart

Andes 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 343.84 559.68 766.25 1,083.19 1,284.56

Andes 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 237.76 308.57 312.89 328.94 334.16
TPE:6533
78GF Score
Andes Technology Corp TPE:6533
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Andes 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$1,285 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$1,285 Mil mean?
Andes Technology (TPE:6533) has a Research & Development of NT$1,285 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Andes Technology and its competitors.
Is Andes Technology's Research & Development too high?
Andes Technology's current Research & Development is NT$1,285 Mil. Overall, Andes Technology has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Andes Technology's Research & Development compare to LRCX and AMAT?
Andes Technology's Research & Development of NT$1,285 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Research & Development depends on the Semiconductors 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 Andes Technology and its competitors. Andes Technology's current Research & Development is NT$1,285 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Andes Technology stock overvalued right now?
Based on GuruFocus' analysis, Andes Technology (TPE:6533) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$573.00, compared to a current price of NT$192.00 — trading 66.5% below its estimated fair value. The current Research & Development is NT$1,285 Mil. Andes Technology's overall GF Score™ is 78/100 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 Andes Technology (TPE:6533), the current Research & Development is NT$1,285 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 Andes Technology (TPE:6533) Overvalued in 2026?

Based on GuruFocus' analysis, Andes Technology stock appears to be undervalued. The current stock price of NT$192.00 is trading 66.5% below its estimated GF Value™ of NT$573.00. GuruFocus considers Andes Technology to be Significantly Undervalued.

Key valuation signals for TPE:6533:

  • Research & Development: NT$1,285 Mil
  • GF Value™: NT$573.00 vs. price of NT$192.00 (66.5% below fair value)
  • GF Score™: 78/100 with 4 warning signs

No single metric tells the full story. See the TPE:6533 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Andes Technology Business Description

Address A1-4, 3rd Floor, No.1, Li-Hsin First Road, Hsinchu Science Park, Hsinchu, TWN, 300
Andes Technology Corp is specialized in the R&D, designing, manufacturing and marketing of embedded processor intellectual property (IP), related hardware/software developing platform and toolchains. Its intellectual property line-up, which mainly consists of 32/64-bit RISC-V processors, also includes a series of software and hardware technologies and products, categorized into AndeStar, AndesCore, AndeShape, AndeSight, AndeSoft, and AndesAIRE. It operates in single segment and derives revenue from designing and selling CPU IP. Geographically, it operates in Taiwan, United States, Mainland China, Other.
78GF Score

Get the complete analysis for TPE:6533

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

NT$192.00
Price
NT$573.00
GF Value