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Loncin Motor Co (SHSE:603766) Research & Development : ¥446 Mil (TTM As of Mar. 2024)


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What is Loncin Motor Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Loncin Motor Co's Research & Development for the three months ended in Mar. 2024 was ¥106 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥446 Mil.

Loncin Motor Co Research & Development Historical Data

The historical data trend for Loncin Motor 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.

* Premium members only.

Loncin Motor Co Research & Development Chart

Loncin Motor 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 307.09 305.77 383.98 463.75 457.07

Loncin Motor 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 116.78 77.95 112.23 150.11 106.00

Loncin Motor 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 ¥446 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.

Loncin Motor Co  (SHSE:603766) 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.

Loncin Motor Co Research & Development Related Terms

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Loncin Motor Co (SHSE:603766) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Loncin Motor Co Ltd (SHSE:603766) » Definitions » Research & Development
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SHSE:603129 SHSE:603787 BJSE:834058 TSX:DOO PII BC THO HOG LCII XPAR:TRI XSWX:PKTM WGO MIL:SL XPAR:BEN MBUU NZSE:THL MCFT MPX ISX:VKTR OSTO:KABE B
Traded in Other Exchanges
N/A
Address
No.116 Juye Road, C Area of Jiulong Industrial Park, Jiulongpo District, Chongqing, CHN, 400052
Website
http://www.loncinindustries.com
Loncin Motor Co Ltd is a China-based company engaged in manufacturing recreational vehicles, light-duty power units, engines and engine parts, and farm machinery. It is also involved in the development and incubation of burgeoning businesses with core technology of internal combustion engine as the platform.

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