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Espressif Systems (Shanghai) Co (SHSE:688018) Research & Development : ¥422 Mil (TTM As of Mar. 2024)


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What is Espressif Systems (Shanghai) Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Espressif Systems (Shanghai) Co's Research & Development for the three months ended in Mar. 2024 was ¥104 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥422 Mil.


Espressif Systems (Shanghai) Co Research & Development Historical Data

The historical data trend for Espressif Systems (Shanghai) 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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Espressif Systems (Shanghai) Co Research & Development Chart

Espressif Systems (Shanghai) Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial 119.75 192.79 271.69 337.12 403.71

Espressif Systems (Shanghai) 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 85.48 92.70 107.66 117.87 103.85

Espressif Systems (Shanghai) 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 ¥422 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.


Espressif Systems (Shanghai) Co  (SHSE:688018) 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.


Espressif Systems (Shanghai) Co Research & Development Related Terms

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Espressif Systems (Shanghai) Co (SHSE:688018) Business Description

Traded in Other Exchanges
N/A
Address
No. 690, Bibo Road, Room 204, Building 2, China (Shanghai) Pilot Free Trade Zone, Shanghai, CHN, 201203
Espressif Systems (Shanghai) Co Ltd is primarily engaged in development, design and sales of Wi-Fi MCU communication chips and their modules from the internet of things.
Executives
Jiang Jiang Jian Core technical personnel
Fu Yun Sheng Core technical personnel
Wang Qiang Core technical personnel
Wu Jian Gang Core technical personnel
Wang Dong Core technical personnel
Wang Jue senior management
Shao Jing Bo senior management
Cai Min Jie Director
Core technical personnel
Core technical personnel
Core technical personnel

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