China Shipbuilding Industry (SHSE:601989) Research & Development : ¥1,614 Mil (TTM As of Mar. 2024)

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What is China Shipbuilding Industry Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. China Shipbuilding Industry's Research & Development for the three months ended in Mar. 2024 was ¥313 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥1,614 Mil.

China Shipbuilding Industry Research & Development Historical Data

The historical data trend for China Shipbuilding Industry'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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China Shipbuilding Industry Research & Development Chart

China Shipbuilding Industry Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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864.63

948.10

1,139.51

1,432.13

1,515.19

China Shipbuilding Industry 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															214.75	319.35	271.63	709.46	313.29

China Shipbuilding Industry 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 ¥1,614 Mil.

China Shipbuilding Industry (SHSE:601989) 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.

China Shipbuilding Industry Research & Development Related Terms

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China Shipbuilding Industry (SHSE:601989) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » China Shipbuilding Industry Corp (SHSE:601989) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 72, Hunan Road, Kunming, Haidian District, Beijing, CHN, 100097

Website

http://www.csicl.com.cn

China Shipbuilding Industry Corp is engaged in the designing, manufacturing and repairing of ships. The company also manufactures marine defense and marine development equipment, marine transportation equipment, deep-sea equipment and ship repair and modification, ship supporting and electromechanical equipment, military-civilian integration strategy emerging industries. The main developer and supplier of domestic naval equipment is responsible for the manufacturing of naval main battle equipment and core ancillary equipment such as aircraft carriers, surface ships, conventional submarines, and underwater weapons.

China Shipbuilding Industry (SHSE:601989) Headlines

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