Taiwan Paiho (TPE:9938) Research & Development: NT$552 Mil (TTM As of Dec. 2025)


TPE:9938 Taiwan Paiho Ltd TPE:9938
78 GF Score
Price NT$45.40
GF Value NT$68.91
Valuation Possible Value Trap
! 7 Warning Signs
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What is Taiwan Paiho Research & Development?

Taiwan Paiho TPE:9938 -1.09% 78 Research & Development is NT$552 Mil as of Dec. 2025. GuruFocus rates TPE:9938 with a GF Score™ of 78/100 and a GF Value™ of NT$68.91 (Possible Value Trap). The stock has 7 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Taiwan Paiho's Research & Development for the three months ended in Dec. 2025 was NT$149 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was NT$552 Mil.

Taiwan Paiho  (TPE:9938) 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.

Taiwan Paiho Research & Development Related Terms

Taiwan Paiho Research & Development Historical Data

* Premium members only.

The historical data trend for Taiwan Paiho'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.

Taiwan Paiho Research & Development Chart

Taiwan Paiho 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 558.25 543.76 514.01 514.82 551.52

Taiwan Paiho 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 142.68 126.99 132.74 143.26 148.54
TPE:9938
78GF Score
Taiwan Paiho Ltd TPE:9938
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Taiwan Paiho 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$552 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$552 Mil mean?
Taiwan Paiho (TPE:9938) has a Research & Development of NT$552 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Taiwan Paiho and its competitors.
Is Taiwan Paiho's Research & Development too high?
Taiwan Paiho's current Research & Development is NT$552 Mil. Overall, Taiwan Paiho has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Taiwan Paiho's Research & Development compare to competitors?
Taiwan Paiho's Research & Development of NT$552 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Research & Development depends on the Manufacturing - Apparel & Accessories 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 Taiwan Paiho and its competitors. Taiwan Paiho's current Research & Development is NT$552 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Paiho stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Paiho (TPE:9938) is currently considered Possible Value Trap. The stock's GF Value™ is NT$68.91, compared to a current price of NT$45.40 — trading 34.1% below its estimated fair value. The current Research & Development is NT$552 Mil. Taiwan Paiho's overall GF Score™ is 78/100 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 Taiwan Paiho (TPE:9938), the current Research & Development is NT$552 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 Taiwan Paiho (TPE:9938) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Paiho stock appears to be undervalued. The current stock price of NT$45.40 is trading 34.1% below its estimated GF Value™ of NT$68.91. GuruFocus considers Taiwan Paiho to be Possible Value Trap.

Key valuation signals for TPE:9938:

  • Research & Development: NT$552 Mil
  • GF Value™: NT$68.91 vs. price of NT$45.40 (34.1% below fair value)
  • GF Score™: 78/100 with 7 warning signs

No single metric tells the full story. See the TPE:9938 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Taiwan Paiho Business Description

Address No. 575, Hegang Road, Hemei Township, Changhua County, Changhua, TWN, 508004
Taiwan Paiho Ltd manufactures and sells touch fasteners, webbing, shoelaces, elastic, easy tape, and related superficial materials, as well as residential buildings constructed by entrusted construction contractors. The Group is also engaged in the construction business, including the sale of housing, shopping centers, and office buildings constructed by entrusted construction contractors. The Group operates through two reportable segments: Production, which generates maximum revenue, and Construction. Its business mainly operates in Taiwan, China, and Vietnam, with maximum revenue generated from Vietnam.
78GF Score

Get the complete analysis for TPE:9938

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

NT$45.40
Price
NT$68.91
GF Value