Nien Made Enterprise Co (TPE:8464) Research & Development: NT$155 Mil (TTM As of Dec. 2025)


TPE:8464 Nien Made Enterprise Co Ltd TPE:8464
94 GF Score
Price NT$350.50
GF Value NT$407.40
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Nien Made Enterprise Co Research & Development?

Nien Made Enterprise Co TPE:8464 -1.41% 94 Research & Development is NT$155 Mil as of Dec. 2025. GuruFocus rates TPE:8464 with a GF Score™ of 94/100 and a GF Value™ of NT$407.40 (Modestly Undervalued). The stock has 1 warning sign investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Nien Made Enterprise Co's Research & Development for the three months ended in Dec. 2025 was NT$36 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was NT$155 Mil.


Nien Made Enterprise Co  (TPE:8464) 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.


Nien Made Enterprise Co Research & Development Related Terms


Nien Made Enterprise Co Research & Development Historical Data

* Premium members only.

The historical data trend for Nien Made 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.

Nien Made Enterprise Co Research & Development Chart

Nien Made 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 177.65 205.07 181.77 171.58 155.02

Nien Made 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 42.47 40.12 39.59 39.19 36.12
TPE:8464
94GF Score
Nien Made Enterprise Co Ltd TPE:8464
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nien Made 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$155 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$155 Mil mean?
Nien Made Enterprise Co (TPE:8464) has a Research & Development of NT$155 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Nien Made Enterprise Co and its competitors.
Is Nien Made Enterprise Co's Research & Development too high?
Nien Made Enterprise Co's current Research & Development is NT$155 Mil. Overall, Nien Made Enterprise Co has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nien Made Enterprise Co's Research & Development compare to SN and SGI?
Nien Made Enterprise Co's Research & Development of NT$155 Mil can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Research & Development depends on the Furnishings, Fixtures & Appliances 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 Nien Made Enterprise Co and its competitors. Nien Made Enterprise Co's current Research & Development is NT$155 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nien Made Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Nien Made Enterprise Co (TPE:8464) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$407.40, compared to a current price of NT$350.50 — trading 14% below its estimated fair value. The current Research & Development is NT$155 Mil. Nien Made Enterprise Co's overall GF Score™ is 94/100 with 1 warning sign 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 Nien Made Enterprise Co (TPE:8464), the current Research & Development is NT$155 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 Nien Made Enterprise Co (TPE:8464) Overvalued in 2026?

Based on GuruFocus' analysis, Nien Made Enterprise Co stock appears to be undervalued. The current stock price of NT$350.50 is trading 14% below its estimated GF Value™ of NT$407.40. GuruFocus considers Nien Made Enterprise Co to be Modestly Undervalued.

Key valuation signals for TPE:8464:

  • Research & Development: NT$155 Mil
  • GF Value™: NT$407.40 vs. price of NT$350.50 (14% below fair value)
  • GF Score™: 94/100 with 1 warning sign

No single metric tells the full story. See the TPE:8464 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nien Made Enterprise Co Business Description

Address Chengbei Shizheng North 7th Road, 26th Floor-1, No. 98, Xitun District, Taichung, TWN
Nien Made Enterprise Co Ltd is a Taiwan-based company principally engaged in the business of home furnishings. The company manufactures and distributes curtains and window blinds. The product range consists of interior and exterior shutters, faux wood blinds, vinyl blinds, wood blinds, roll-up shades, and cellular shades. The company operates in two reportable segments that are Window coverings and other, out of which the majority of revenue is generated by sales of Window coverings. Geographically, the company generates a majority of its revenue from America and the rest from Europe and other regions.
94GF Score

Get the complete analysis for TPE:8464

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

NT$350.50
Price
NT$407.40
GF Value