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Western Superconducting Technologies Co (SHSE:688122) Research & Development : ¥365 Mil (TTM As of Mar. 2024)


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What is Western Superconducting Technologies Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Western Superconducting Technologies Co's Research & Development for the three months ended in Mar. 2024 was ¥82 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥365 Mil.


Western Superconducting Technologies Co Research & Development Historical Data

The historical data trend for Western Superconducting Technologies 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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Western Superconducting Technologies Co Research & Development Chart

Western Superconducting Technologies 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 140.96 130.69 185.92 254.29 329.45

Western Superconducting Technologies 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 46.22 84.09 77.89 121.26 81.72

Western Superconducting Technologies 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 ¥365 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.


Western Superconducting Technologies Co  (SHSE:688122) 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.


Western Superconducting Technologies Co Research & Development Related Terms

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Western Superconducting Technologies Co (SHSE:688122) Business Description

Traded in Other Exchanges
N/A
Address
No. 12, Mingguang Road, Economic and Technological Development Zone, Shaanxi Province, Xi'an, CHN, 710018
Western Superconducting Technologies Co Ltd is engaged in the development, production and sales of high-end titanium alloy materials, superconducting products and high-performance superalloy materials. Geographically, the business presence of the group can be seen in both Chinese and international market.
Executives
Du Yu Xuan senior management
Li Kui Fang senior management
Zhou Tong Director
Guo Qiang Senior management, core technical personnel
Zhang Feng Shou Senior management, core technical personnel
Wang Kai Xuan Senior management, core technical personnel
Luo Wen Zhong Senior management, core technical personnel
He Yong Gang Senior management, core technical personnel

Western Superconducting Technologies Co (SHSE:688122) Headlines

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