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Hangzhou Hik-Vision Digital Technology Co (SZSE:002415) Research & Development : ¥11,600 Mil (TTM As of Mar. 2024)


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What is Hangzhou Hik-Vision Digital Technology Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Hangzhou Hik-Vision Digital Technology Co's Research & Development for the three months ended in Mar. 2024 was ¥2,671 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥11,600 Mil.


Hangzhou Hik-Vision Digital Technology Co Research & Development Historical Data

The historical data trend for Hangzhou Hik-Vision Digital 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.

Hangzhou Hik-Vision Digital Technology Co Research & Development Chart

Hangzhou Hik-Vision Digital 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 5,483.81 6,378.65 8,251.65 9,814.44 11,392.95

Hangzhou Hik-Vision Digital 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 2,464.11 2,821.33 2,887.59 3,219.92 2,671.48

Hangzhou Hik-Vision Digital 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 ¥11,600 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.


Hangzhou Hik-Vision Digital Technology Co  (SZSE:002415) 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.


Hangzhou Hik-Vision Digital Technology Co Research & Development Related Terms

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Hangzhou Hik-Vision Digital Technology Co (SZSE:002415) Business Description

Traded in Other Exchanges
N/A
Address
No.555 Qianmo Road, Binjiang District, Zhejiang Province, Hangzhou, CHN, 310051
Hangzhou Hikvision Digital Technology is the world's largest manufacturer of video surveillance equipment. Since then, the company has been growing its software and analytics offerings, as customers are increasingly seeking customized total solutions. Hikvision is also developing its Innovative businesses, which accounted for 18% of overall 2022 revenue. The smart-home business is powered by the EZVIZ consumer brand. Innovative business includes the development of industrial robotics, automotive electronics, X-ray sensors, infrared sensors, memory products and medical systems. Hikvision employs more than 58,000 people.

Hangzhou Hik-Vision Digital Technology Co (SZSE:002415) Headlines

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