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Shida Shinghwa Advanced Material Group Co (SHSE:603026) Research & Development : ¥191 Mil (TTM As of Mar. 2024)


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What is Shida Shinghwa Advanced Material Group Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Shida Shinghwa Advanced Material Group Co's Research & Development for the three months ended in Mar. 2024 was ¥49 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥191 Mil.


Shida Shinghwa Advanced Material Group Co Research & Development Historical Data

The historical data trend for Shida Shinghwa Advanced Material 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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Shida Shinghwa Advanced Material Group Co Research & Development Chart

Shida Shinghwa Advanced Material Group 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 159.00 164.34 318.67 269.38 192.06

Shida Shinghwa Advanced Material Group 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 50.50 37.71 50.58 53.27 49.40

Shida Shinghwa Advanced Material 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 ¥191 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.


Shida Shinghwa Advanced Material Group Co  (SHSE:603026) 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.


Shida Shinghwa Advanced Material Group Co Research & Development Related Terms

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Shida Shinghwa Advanced Material Group Co (SHSE:603026) Business Description

Traded in Other Exchanges
N/A
Address
No. 198, Tongxing Road, Kenli District, Shandong Province, Dongying, CHN, 257503
Shinghwa Advanced Material Group Co Ltd is engaged in the new energy materials business and basic chemical business.
Executives
Yu Hai Ming Director
Ding Wei Tao senior management
Lv Jun Qi senior management
Song Hui Bao senior management
Zheng Jun senior management
Guo Tian Ming Director
Zhang Zhong Xiang Director
Meng Fan Song Director
Sun Wu senior management

Shida Shinghwa Advanced Material Group Co (SHSE:603026) Headlines

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