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Zhejiang Weixing New Building Materials Co (SZSE:002372) Research & Development : ¥205 Mil (TTM As of Mar. 2024)


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What is Zhejiang Weixing New Building Materials Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Zhejiang Weixing New Building Materials Co's Research & Development for the three months ended in Mar. 2024 was ¥34 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥205 Mil.

Zhejiang Weixing New Building Materials Co Research & Development Historical Data

The historical data trend for Zhejiang Weixing New Building Materials 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.

Zhejiang Weixing New Building Materials Co Research & Development Chart

Zhejiang Weixing New Building Materials 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 161.20 156.17 184.54 189.20 202.47

Zhejiang Weixing New Building Materials 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 32.25 43.48 48.89 77.86 34.29

Zhejiang Weixing New Building Materials 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 ¥205 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.

Zhejiang Weixing New Building Materials Co  (SZSE:002372) 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.

Zhejiang Weixing New Building Materials Co Research & Development Related Terms

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Zhejiang Weixing New Building Materials Co (SZSE:002372) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Zhejiang Weixing New Building Materials Co Ltd (SZSE:002372) » Definitions » Research & Development
Comparable Companies
SHSE:601636 SZSE:001322 SZSE:000786 SHSE:600552 SZSE:003012 SZSE:000811 SZSE:002641 SHSE:600876 SZSE:002918 SZSE:002785 TT TSE:6367 CARR JCI XPAR:SGO XSWX:GEBN BLDR LII CSL DUB:KRX
Traded in Other Exchanges
N/A
Address
Linhai Economic Development Zone, Zhejiang, Taizhou, CHN, 317000
Website
https://www.vasen.com
Zhejiang Weixing New Building Materials Co Ltd is a China-based company engaged in manufacturing and processing plastic pipe, new building materials, raw and auxiliary accessories, sanitary ware, water meters and valves. Its brands consist of Weixing, annette, and KALE.
Executives
Jin Hong Yang Directors, executives
Qi Jin Xiu Executives
Xie Jin Kun Director
Chen An Men Executives
Zhang San Yun Director
Li Xiao Ming Securities Affairs Representative
Zhang Ka Peng Director
Chen Guo Gui Supervisors
Shi Guo Jun Executives
Qu San Lu Executives

Zhejiang Weixing New Building Materials Co (SZSE:002372) Headlines

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