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ERA Co (SZSE:002641) Research & Development : ¥246 Mil (TTM As of Mar. 2024)


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What is ERA Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. ERA Co's Research & Development for the three months ended in Mar. 2024 was ¥52 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥246 Mil.

ERA Co Research & Development Historical Data

The historical data trend for ERA 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.

ERA Co Research & Development Chart

ERA 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 204.19 239.15 282.49 240.97 247.74

ERA 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 53.24 72.50 63.72 58.29 51.60

ERA 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 ¥246 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.

ERA Co  (SZSE:002641) 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.

ERA Co Research & Development Related Terms

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ERA Co (SZSE:002641) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » ERA Co Ltd (SZSE:002641) » Definitions » Research & Development
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Traded in Other Exchanges
N/A
Address
No.2 Daixi Road, Economic Development Zone, Huangyan East, Zhejiang Province, Taizhou, CHN
Website
http://.en.era.com.cn
ERA Co Ltd, formerly Yonggao Co Ltd manufacturers of plastic valves and fittings. Its products offer PP compression fittings and clamp saddles, CPVC valves, PVC pressure pipes and fittings and PVC pressure fittings, among others.
Executives
Zhang Wei Directors, executives
Lu Zhen Yu Director
Lu Cai Fen Director
Zhang Xian Kang Executives
Lin Ying Fu Executives
Wang Jie Jun Executives

ERA Co (SZSE:002641) Headlines

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