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TCL Zhonghuan Renewable Energy Technology Co (SZSE:002129) Research & Development : ¥1,354 Mil (TTM As of Mar. 2024)


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What is TCL Zhonghuan Renewable Energy Technology Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. TCL Zhonghuan Renewable Energy Technology Co's Research & Development for the three months ended in Mar. 2024 was ¥247 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥1,354 Mil.


TCL Zhonghuan Renewable Energy Technology Co Research & Development Historical Data

The historical data trend for TCL Zhonghuan Renewable Energy Technology 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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TCL Zhonghuan Renewable Energy Technology Co Research & Development Chart

TCL Zhonghuan Renewable Energy Technology 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 574.43 618.75 1,858.81 2,920.17 2,125.00

TCL Zhonghuan Renewable Energy Technology 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 1,017.82 488.57 407.96 210.66 246.88

TCL Zhonghuan Renewable Energy Technology 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 ¥1,354 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.


TCL Zhonghuan Renewable Energy Technology Co  (SZSE:002129) 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.


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TCL Zhonghuan Renewable Energy Technology Co (SZSE:002129) Business Description

Traded in Other Exchanges
N/A
Address
No. 12 Haitai East Street, Huayuan Technology Park, New and High-Tech Industrial Development Zone, Tianjin, Tianjin, CHN, 300384
TCL Zhonghuan is the second largest solar silicon wafer producer in China. It produced about 68.3GW solar wafers in 2022, accounting for 19.1% of total production in China. Solar wafers contributed 76% of revenue and 81% of gross profit in 2022. Zhonghuan is also a leading domestic semiconductor silicon wafer producer.

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