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Hengtong Logistic Co (SHSE:603223) Research & Development : ¥0 Mil (TTM As of Mar. 2024)


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What is Hengtong Logistic Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Hengtong Logistic Co'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 ¥0 Mil.

Hengtong Logistic Co Research & Development Historical Data

The historical data trend for Hengtong Logistic 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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Hengtong Logistic Co Research & Development Chart

Hengtong Logistic Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
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Hengtong Logistic Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Hengtong Logistic 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 ¥0 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.

Hengtong Logistic Co  (SHSE:603223) 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.

Hengtong Logistic Co Research & Development Related Terms

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Hengtong Logistic Co (SHSE:603223) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Hengtong Logistic Co Ltd (SHSE:603223) » Definitions » Research & Development
Comparable Companies
SHSE:603569 SHSE:600611 SHSE:600650 SHSE:600662 SHSE:603813 SHSE:603056 ODFL SAIA TSX:TFII XPO KNX TSE:9064 SNDR ARCB TSE:9076 WERN RXO MRTN TSE:9075 HTLD
Traded in Other Exchanges
N/A
Address
Export-oriented Economic Development Zone Hengtong Logistics Park, Tuchengzi Village, Longkou, CHN, 265716
Website
http://www.lkhengtong.com
Hengtong Logistic Co Ltd is an automotive freight transportation logistics company. It provides services including road freight transport, heavy truck sales and vehicle maintenance, vehicle transportation, lifting, port storage and driver training. It consists of three patterns: physical logistics, clean energy, and internet logistics.

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