Topkey (TPE:4536) Total Operating Expense: NT$1,516 Mil (TTM As of Dec. 2025)


TPE:4536 Topkey Corp TPE:4536
85 GF Score
Price NT$173.00
GF Value NT$176.20
Valuation Fairly Valued
! 4 Warning Signs
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What is Topkey Total Operating Expense?

Topkey TPE:4536 -0.29% 85 Total Operating Expense is NT$1,516 Mil as of Dec. 2025. GuruFocus rates TPE:4536 with a GF Score™ of 85/100 and a GF Value™ of NT$176.20 (Fairly Valued). The stock has 4 warning signs investors should review.

Topkey's Total Operating Expense for the three months ended in Dec. 2025 was NT$411 Mil. Topkey's Total Operating Expense for the trailing twelve months (TTM) ended in Dec. 2025 was NT$1,516 Mil.

Topkey Total Operating Expense Related Terms

Topkey Total Operating Expense Historical Data

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The historical data trend for Topkey's Total Operating Expense 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.

Topkey Total Operating Expense Chart

Topkey Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,214.07 1,335.67 1,322.06 1,427.28 1,516.48

Topkey Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Total Operating Expense 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 404.41 382.85 367.01 355.93 410.69
TPE:4536
85GF Score
Topkey Corp TPE:4536
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Topkey Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense 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$1,516 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.

What does a Total Operating Expense of NT$1,516 Mil mean?
Topkey (TPE:4536) has a Total Operating Expense of NT$1,516 Mil as of Dec. 2025. Total operating expense is the primary recurring expense associated with central operations. View historical data on Topkey and its competitors.
Is Topkey's Total Operating Expense too high?
Topkey's current Total Operating Expense is NT$1,516 Mil. Overall, Topkey has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Topkey's Total Operating Expense compare to AS and HAS?
Topkey's Total Operating Expense of NT$1,516 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Travel & Leisure company?
A good Total Operating Expense depends on the Travel & Leisure industry context. However, Total Operating Expense 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Topkey and its competitors. Topkey's current Total Operating Expense is NT$1,516 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topkey stock overvalued right now?
Based on GuruFocus' analysis, Topkey (TPE:4536) is currently considered Fairly Valued. The stock's GF Value™ is NT$176.20, compared to a current price of NT$173.00 — trading 1.8% below its estimated fair value. The current Total Operating Expense is NT$1,516 Mil. Topkey's overall GF Score™ is 85/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Topkey (TPE:4536), the current Total Operating Expense is NT$1,516 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 Topkey (TPE:4536) Overvalued in 2026?

Based on GuruFocus' analysis, Topkey stock appears to be undervalued. The current stock price of NT$173.00 is trading 1.8% below its estimated GF Value™ of NT$176.20. GuruFocus considers Topkey to be Fairly Valued.

Key valuation signals for TPE:4536:

  • Total Operating Expense: NT$1,516 Mil
  • GF Value™: NT$176.20 vs. price of NT$173.00 (1.8% below fair value)
  • GF Score™: 85/100 with 4 warning signs

No single metric tells the full story. See the TPE:4536 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Topkey Business Description

Address No. 18, 20th Road, Industrial Park, Taichung, TWN
Topkey Corp is mainly engaged in the production, processing, sale, international trading, and agency services of sporting goods, carbon fiber products, glass fiber products, and composite materials. Revenue from the sales of goods comes from the sales of sporting goods which accounts for the majority of the company's revenue, aviation products, and medical products. Revenue from the rendering of services comes from professional labor services. The company operates in Asia which is also its key revenue-generating market, Europe, America, and other regions.
85GF Score

Get the complete analysis for TPE:4536

Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$173.00
Price
NT$176.20
GF Value