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Yechiu Metal Recycling (China) (SHSE:601388) Research & Development : ¥3 Mil (TTM As of Mar. 2024)


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What is Yechiu Metal Recycling (China) Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Yechiu Metal Recycling (China)'s Research & Development for the three months ended in Mar. 2024 was ¥0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥3 Mil.


Yechiu Metal Recycling (China) Research & Development Historical Data

The historical data trend for Yechiu Metal Recycling (China)'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.

Yechiu Metal Recycling (China) Research & Development Chart

Yechiu Metal Recycling (China) 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 2.32 2.69 5.19 4.68 3.28

Yechiu Metal Recycling (China) 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 1.04 0.82 0.75 0.68 0.31

Yechiu Metal Recycling (China) 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 ¥3 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.


Yechiu Metal Recycling (China)  (SHSE:601388) 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.


Yechiu Metal Recycling (China) Research & Development Related Terms

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Yechiu Metal Recycling (China) (SHSE:601388) Business Description

Traded in Other Exchanges
N/A
Address
No.88 Hufuhuang Road, Fuqiao Town, Jiangsu, Taicang, CHN
Yechiu Metal Recycling (China) Ltd is engaged in the recycling, sorting, processing, melting and processing of metal resources. It involves in the collection of aluminum scrap resources from waste automobiles, construction materials, home appliances, etc. Its products are aluminum alloy ingots of various specifications and models. The products are widely used in automobiles, electrical appliances, machinery, construction, electricity, transportation, computers, packaging, hardware and other fields.
Executives
Liu Kai Min Director
Li Yi Hui Director
Gao Yu Lan senior management
senior management

Yechiu Metal Recycling (China) (SHSE:601388) Headlines

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