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Jiangyin Hengrun Heavy Industries Co (SHSE:603985) Research & Development : ¥76 Mil (TTM As of Mar. 2024)


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What is Jiangyin Hengrun Heavy Industries Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Jiangyin Hengrun Heavy Industries Co's Research & Development for the three months ended in Mar. 2024 was ¥14 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥76 Mil.


Jiangyin Hengrun Heavy Industries Co Research & Development Historical Data

The historical data trend for Jiangyin Hengrun Heavy Industries 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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Jiangyin Hengrun Heavy Industries Co Research & Development Chart

Jiangyin Hengrun Heavy Industries 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 59.51 99.12 88.24 57.81 77.19

Jiangyin Hengrun Heavy Industries 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 15.72 20.63 15.96 24.88 14.45

Jiangyin Hengrun Heavy Industries 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 ¥76 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.


Jiangyin Hengrun Heavy Industries Co  (SHSE:603985) 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.


Jiangyin Hengrun Heavy Industries Co Research & Development Related Terms

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Jiangyin Hengrun Heavy Industries Co (SHSE:603985) Business Description

Traded in Other Exchanges
N/A
Address
A Area European Industrial Zone, ZhouZhuang Town, Jiangsu Province, Jiangyin, CHN, 214400
Jiangyin Hengrun Heavy Industries Co Ltd is a manufacturer of flanges and forgings, which are mainly made of stainless steel, carbon steel and alloy steel materials. Its products portfolio ring forgings, nozzles, support rings for turbines, spherical and main shaft forgings, slewing bearings, rolling ring and free forgings, flanges for large-scale wind tower foundations, as well as bearing and gear blanks, and tube sheets and discs.

Jiangyin Hengrun Heavy Industries Co (SHSE:603985) Headlines

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