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Ningbonxing Medical Electric Co (SHSE:601567) Research & Development : ¥499 Mil (TTM As of Mar. 2024)


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What is Ningbonxing Medical Electric Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Ningbonxing Medical Electric Co's Research & Development for the three months ended in Mar. 2024 was ¥108 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥499 Mil.


Ningbonxing Medical Electric Co Research & Development Historical Data

The historical data trend for Ningbonxing Medical Electric 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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Ningbonxing Medical Electric Co Research & Development Chart

Ningbonxing Medical Electric 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 325.05 312.78 294.03 327.02 470.83

Ningbonxing Medical Electric 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 79.36 130.67 109.45 151.35 107.61

Ningbonxing Medical Electric 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 ¥499 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.


Ningbonxing Medical Electric Co  (SHSE:601567) 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.


Ningbonxing Medical Electric Co Research & Development Related Terms

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Ningbonxing Medical Electric Co (SHSE:601567) Business Description

Traded in Other Exchanges
N/A
Address
No.17 Fenglin Road, Cicheng Tow, Jiangbei District, Ningbo, CHN, 315034
Ningbo Sanxing Medical Electric Co Ltd operates in the electricity measurement industry. The product portfolio of the group includes the Meter box, Smart substation, Switchgear, Power distribution automation devices and others. Geographically the firm operated through China however its business presence is also seen internationally.
Executives
Zheng Jian Jiang Director
Guo Su Directors, senior managers
Shen Guo Ying Directors, senior managers
Zheng Jun Da Supervisors
Mou Xi Lei Directors, senior managers
Xin Ning Director
Liang Song Luan senior management
Fu Guo Yi Supervisors
Li Wei Qing Director

Ningbonxing Medical Electric Co (SHSE:601567) Headlines

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