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Shanghai Automobile Air-Conditioner Accessories Co (SHSE:603107) Research & Development : ¥59 Mil (TTM As of Mar. 2024)


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What is Shanghai Automobile Air-Conditioner Accessories Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Shanghai Automobile Air-Conditioner Accessories Co's Research & Development for the three months ended in Mar. 2024 was ¥13 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥59 Mil.

Shanghai Automobile Air-Conditioner Accessories Co Research & Development Historical Data

The historical data trend for Shanghai Automobile Air-Conditioner Accessories 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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Shanghai Automobile Air-Conditioner Accessories Co Research & Development Chart

Shanghai Automobile Air-Conditioner Accessories Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial 50.09 46.60 54.47 62.19 59.49

Shanghai Automobile Air-Conditioner Accessories Co Quarterly Data
Dec17 Dec18 Dec19 Jun20 Dec20 Dec21 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 13.65 14.26 11.24 20.34 12.92

Shanghai Automobile Air-Conditioner Accessories 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 ¥59 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.

Shanghai Automobile Air-Conditioner Accessories Co  (SHSE:603107) 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.

Shanghai Automobile Air-Conditioner Accessories Co Research & Development Related Terms

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Shanghai Automobile Air-Conditioner Accessories Co (SHSE:603107) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Shanghai Automobile Air-Conditioner Accessories Co Ltd (SHSE:603107) » Definitions » Research & Development
Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 1188, Lianxi Road, Pudong New Area, Shanghai, CHN, 201204
Website
Shanghai Automobile Air-Conditioner Accessories Co Ltd is engaged in research & development, production and sales of automobile parts such as air conditioning pipes and fuel distribution pipes.

Shanghai Automobile Air-Conditioner Accessories Co (SHSE:603107) Headlines

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