Nanjing Iron & Steel Co (SHSE:600282) Research & Development : ¥2,416 Mil (TTM As of Mar. 2024)

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What is Nanjing Iron & Steel Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Nanjing Iron & Steel Co's Research & Development for the three months ended in Mar. 2024 was ¥599 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥2,416 Mil.

Nanjing Iron & Steel Co Research & Development Historical Data

The historical data trend for Nanjing Iron & Steel 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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Nanjing Iron & Steel Co Research & Development Chart

Nanjing Iron & Steel Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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582.05

848.91

2,139.19

2,311.23

2,402.47

Nanjing Iron & Steel Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Research & Development	Get a 7-Day Free Trial															584.90	603.41	517.08	697.08	598.53

Nanjing Iron & Steel 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥2,416 Mil.

Nanjing Iron & Steel Co (SHSE:600282) 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.

Nanjing Iron & Steel Co Research & Development Related Terms

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Nanjing Iron & Steel Co (SHSE:600282) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Nanjing Iron & Steel Co Ltd (SHSE:600282) » Definitions » Research & Development

Traded in Other Exchanges

N/A

Address

Dejiadian, Liuhe District, Jiangsu Province, Nanjing, CHN, 210035

Website

http://www.600282.net

Nanjing Iron & Steel Co Ltd is a China-based company engaged in the business of production and selling of steel products. The company produces rolls, bars, high-speed wire, strips and other steel products. The products are used are used in LNG storage and utilization, shipbuilding and marine engineering, high-speed railway, power steel, automotive steel, bridges and other industries. The company sells its products in China and other international countries.

Executives

Tang Rui	senior management
Shao Ren Zhi	senior management
Su Bin	Director
Zhu Rui Rong	Directors, senior managers
Qian Shun Jiang	Director
Zhu Ping	senior management
Xu Xiao Chun	senior management
Zhao Rui Jiang	Supervisors
Huang Yi Xin	Director
Chu Jue Fei	senior management
Chang Jian Hua	senior management
Lin Guo Qiang	senior management
Yu Zhang Lin	senior management
Xu Lin	senior management
Yao Yong Kuan	Directors, senior managers

Nanjing Iron & Steel Co (SHSE:600282) Headlines

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