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Qingdao Sentury Tire Co (SZSE:002984) Research & Development : ¥188 Mil (TTM As of Mar. 2024)


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What is Qingdao Sentury Tire Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Qingdao Sentury Tire Co's Research & Development for the three months ended in Mar. 2024 was ¥51 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥188 Mil.


Qingdao Sentury Tire Co Research & Development Historical Data

The historical data trend for Qingdao Sentury Tire 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.

Qingdao Sentury Tire Co Research & Development Chart

Qingdao Sentury Tire Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial Premium Member Only 65.04 89.06 108.79 112.87 165.38

Qingdao Sentury Tire 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 28.23 33.44 46.54 57.17 50.81

Qingdao Sentury Tire 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 ¥188 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.


Qingdao Sentury Tire Co  (SZSE:002984) 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.


Qingdao Sentury Tire Co Research & Development Related Terms

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Qingdao Sentury Tire Co (SZSE:002984) Business Description

Traded in Other Exchanges
N/A
Address
No. 5, Tianshan 3rd Road, Daxin Town, Jimo District, Shandong Province, Qingdao, CHN, 266229
Qingdao Sentury Tire Co Ltd is engaged in the research and development, production and sales of semi-steel radial tires and aviation tires.
Executives
Qin Long Director
Lin Wen Long Directors, executives
Qin Jing Bo Directors, executives
Jin Sheng Yong Secretary, Director
Liu Gao Yang Supervisors

Qingdao Sentury Tire Co (SZSE:002984) Headlines

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