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Ningbo Ligong Environment and Energy Technology Co (SZSE:002322) Research & Development : ¥157 Mil (TTM As of Mar. 2024)


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What is Ningbo Ligong Environment and Energy Technology Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Ningbo Ligong Environment and Energy Technology Co's Research & Development for the three months ended in Mar. 2024 was ¥33 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥157 Mil.


Ningbo Ligong Environment and Energy Technology Co Research & Development Historical Data

The historical data trend for Ningbo Ligong Environment and 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.

* Premium members only.

Ningbo Ligong Environment and Energy Technology Co Research & Development Chart

Ningbo Ligong Environment and 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 123.27 138.90 157.69 164.91 159.50

Ningbo Ligong Environment and 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 34.70 32.96 32.76 59.08 32.68

Ningbo Ligong Environment and 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 ¥157 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.


Ningbo Ligong Environment and Energy Technology Co  (SZSE:002322) 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.


Ningbo Ligong Environment and Energy Technology Co Research & Development Related Terms

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Ningbo Ligong Environment and Energy Technology Co (SZSE:002322) Business Description

Traded in Other Exchanges
N/A
Address
No. 22, Caofeijiang Road, Bonded Area, Zhejiang, Ningbo, CHN, 315806
Ningbo Ligong Environment and Energy Technology Co Ltd develops and supplies online monitoring products and service for electric power industry in China. Its products and solutions include smart grid online monitoring, environmental monitoring, environmental protection and power information and environmental governance.
Executives
Li Xue Hui Secretary Dong
Zhu Lin Sheng Director
Ou Yang Qiang Executives
Yu Xue Director
Wang Bi Kao Executives
Chen Kui Independent director
Yu Ling Jia Securities Affairs Representative
Zhou Fang Jie Directors, executives
Wu Wei Guo Executives
Zhao Shu Qiu Executives
Wang Hui Fen Executives
Zhao Yong Directors, executives
Xu Qing Song Directors, executives
Yang Liu Feng Directors, executives
Zhang Peng Xiang Directors, executives

Ningbo Ligong Environment and Energy Technology Co (SZSE:002322) Headlines

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