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Hongfa Technology Co (SHSE:600885) Research & Development : ¥701 Mil (TTM As of Mar. 2024)


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What is Hongfa Technology Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Hongfa Technology Co's Research & Development for the three months ended in Mar. 2024 was ¥178 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥701 Mil.


Hongfa Technology Co Research & Development Historical Data

The historical data trend for Hongfa Technology 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.

* Premium members only.

Hongfa Technology Co Research & Development Chart

Hongfa Technology 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 350.42 381.17 495.30 617.50 673.33

Hongfa Technology 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 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 150.72 131.32 182.16 209.13 178.30

Hongfa Technology 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 ¥701 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.


Hongfa Technology Co  (SHSE:600885) 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.


Hongfa Technology Co Research & Development Related Terms

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Hongfa Technology Co (SHSE:600885) Business Description

Traded in Other Exchanges
N/A
Address
4th fioor ,No.C06,Fengye Roads, Fenghuang Industrial Zone, Fuyong Town,Bao'an District, Shenzhen, CHN
Hongfa Technology Co Ltd is a relay manufacturer in China. It engaged in the manufacturing and sale of electronic components. Its product portfolio includes relays, HV/LV devices, precision parts, automatic production. Hongfa products are widely used in areas as industry, energy, transportation, telecommunication, home appliances, medical care, national defense.
Executives
Huang Hong Fang Supervisors
Wang Xiao Peng Director
He Ya Bin Director
Gao Yuan Kun Director
Shen Ying Ming Supervisors

Hongfa Technology Co (SHSE:600885) Headlines

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