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Chongqing Machinery & Electric Co (HKSE:02722) Research & Development : HK$446 Mil (TTM As of Dec. 2023)


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What is Chongqing Machinery & Electric Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Chongqing Machinery & Electric Co's Research & Development for the six months ended in Dec. 2023 was HK$248 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was HK$446 Mil.


Chongqing Machinery & Electric Co Research & Development Historical Data

The historical data trend for Chongqing Machinery & Electric 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.

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Chongqing Machinery & Electric Co Research & Development Chart

Chongqing Machinery & Electric Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 343.75 420.42 471.52 383.05 445.68

Chongqing Machinery & Electric Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 232.05 171.19 219.96 197.40 248.28

Chongqing Machinery & Electric 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$446 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.


Chongqing Machinery & Electric Co  (HKSE:02722) 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.


Chongqing Machinery & Electric Co Research & Development Related Terms

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Chongqing Machinery & Electric Co (HKSE:02722) Business Description

Traded in Other Exchanges
Address
No. 60 Middle Section of Huangshan Avenue, New North Zone, Chongqing, CHN, 401123
Chongqing Machinery & Electric Co Ltd is principally engaged in designing, manufacturing, and sales of automobile parts and components, power equipment, general machinery, CNC machine tools, and trade & finance business. It also engages in the operation of equipment manufacturing, real estate development, financial investment, import and export trade, advisory services, and new technology. The company's operating segments include Engines, Hydroelectric Generation Equipment, Electrical Wires and Cables, General Machinery, Machinery tools, CNC machine tools division, High-voltage transformers, Material sales division, Financial Services, and Others.

Chongqing Machinery & Electric Co (HKSE:02722) Headlines

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