Sun Max Tech (TPE:6591) Research & Development: NT$106 Mil (TTM As of Dec. 2025)


TPE:6591 Sun Max Tech Ltd TPE:6591
82 GF Score
Price NT$53.00
GF Value NT$63.36
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Sun Max Tech Research & Development?

Sun Max Tech TPE:6591 -2.39% 82 Research & Development is NT$106 Mil as of Dec. 2025. GuruFocus rates TPE:6591 with a GF Score™ of 82/100 and a GF Value™ of NT$63.36 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Sun Max Tech's Research & Development for the three months ended in Dec. 2025 was NT$26 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was NT$106 Mil.

Sun Max Tech  (TPE:6591) 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.

Sun Max Tech Research & Development Related Terms

Sun Max Tech Research & Development Historical Data

* Premium members only.

The historical data trend for Sun Max Tech'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.

Sun Max Tech Research & Development Chart

Sun Max Tech 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 60.97 63.71 68.55 88.14 106.42

Sun Max Tech 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 27.17 24.26 29.73 26.63 25.80
TPE:6591
82GF Score
Sun Max Tech Ltd TPE:6591
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Sun Max Tech 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$106 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$106 Mil mean?
Sun Max Tech (TPE:6591) has a Research & Development of NT$106 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Sun Max Tech and its competitors.
Is Sun Max Tech's Research & Development too high?
Sun Max Tech's current Research & Development is NT$106 Mil. Overall, Sun Max Tech has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sun Max Tech's Research & Development compare to DELL and SNDK?
Sun Max Tech's Research & Development of NT$106 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 Sun Max Tech and its competitors. Sun Max Tech's current Research & Development is NT$106 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sun Max Tech stock overvalued right now?
Based on GuruFocus' analysis, Sun Max Tech (TPE:6591) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$63.36, compared to a current price of NT$53.00 — trading 16.4% below its estimated fair value. The current Research & Development is NT$106 Mil. Sun Max Tech's overall GF Score™ is 82/100 with 7 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 Sun Max Tech (TPE:6591), the current Research & Development is NT$106 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 Sun Max Tech (TPE:6591) Overvalued in 2026?

Based on GuruFocus' analysis, Sun Max Tech stock appears to be undervalued. The current stock price of NT$53.00 is trading 16.4% below its estimated GF Value™ of NT$63.36. GuruFocus considers Sun Max Tech to be Modestly Undervalued.

Key valuation signals for TPE:6591:

  • Research & Development: NT$106 Mil
  • GF Value™: NT$63.36 vs. price of NT$53.00 (16.4% below fair value)
  • GF Score™: 82/100 with 7 warning signs

No single metric tells the full story. See the TPE:6591 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Sun Max Tech Business Description

Address Jian 1st Road, 9th Floor & 9th Floor-1, No. 166, Zhonghe District, New Taipei, TWN, 23511
Sun Max Tech Ltd is engaged in the research and development, production, and sales of DC brushless cooling fans, liquid cooling pumps, and other computer-related accessories in Taiwan. Its products are mainly used for personal computers (PC), communications networks, and Industrial control. The company generates maximum revenue from a Cooling fan. Geographically, it derives a majority of its revenue from China and also has a presence in Taiwan and other countries.
82GF Score

Get the complete analysis for TPE:6591

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

NT$53.00
Price
NT$63.36
GF Value