Shandong Hi-Speed Co (SHSE:600350) Research & Development : ¥492 Mil (TTM As of Mar. 2024)

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What is Shandong Hi-Speed Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Shandong Hi-Speed Co's Research & Development for the three months ended in Mar. 2024 was ¥83 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥492 Mil.

Shandong Hi-Speed Co Research & Development Historical Data

The historical data trend for Shandong Hi-Speed 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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Shandong Hi-Speed Co Research & Development Chart

Shandong Hi-Speed Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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40.25

67.63

135.70

415.76

484.27

Shandong Hi-Speed 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															75.23	-14.22	36.32	386.94	82.50

Shandong Hi-Speed 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 ¥492 Mil.

Shandong Hi-Speed Co (SHSE:600350) 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.

Shandong Hi-Speed Co Research & Development Related Terms

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Shandong Hi-Speed Co (SHSE:600350) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shandong Hi-Speed Co Ltd (SHSE:600350) » Definitions » Research & Development

Traded in Other Exchanges

N/A

Address

No. 5006, Aoti Middle Road, Shandong, Jinan, CHN, 250101

Website

http://www.sdecl.com.cn

Shandong Hi-Speed Co Ltd is a China-based company mainly engaged in the investment and operation of transportation infrastructure. It is also engaged in activities of equity investment in the upstream and downstream industries, finance, and environmental protection of the highway industry chain. It operates and maintains toll roads, bridges, tunnels, and other infrastructure facilities. The company earns majority revenue in the form of Toll, railway transportation, sales of goods, project construction, and other businesses.

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