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Grandtop Yongxing Group Co (SHSE:601033) Research & Development : ¥128 Mil (TTM As of Mar. 2024)


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What is Grandtop Yongxing Group Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Grandtop Yongxing Group Co's Research & Development for the three months ended in Mar. 2024 was ¥29 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥128 Mil.

Grandtop Yongxing Group Co Research & Development Historical Data

The historical data trend for Grandtop Yongxing Group 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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Grandtop Yongxing Group Co Research & Development Chart

Grandtop Yongxing Group Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
63.28 81.36 82.82 129.67 128.45

Grandtop Yongxing Group Co Quarterly Data
Dec19 Dec20 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 29.09 30.30 37.01 32.05 28.55

Grandtop Yongxing Group 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 ¥128 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.

Grandtop Yongxing Group Co  (SHSE:601033) 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.

Grandtop Yongxing Group Co Research & Development Related Terms

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Grandtop Yongxing Group Co (SHSE:601033) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Grandtop Yongxing Group Co Ltd (SHSE:601033) » Definitions » Research & Development
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Grandtop Yongxing Group Co Ltd is engaged in the waste incineration power generation business. The company focuses on clean energy production and focuses on the harmless, reduction, and resource utilization treatment of solid waste.

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