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Levima Advanced Materials (SZSE:003022) Research & Development : ¥323 Mil (TTM As of Mar. 2024)


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What is Levima Advanced Materials Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Levima Advanced Materials's Research & Development for the three months ended in Mar. 2024 was ¥88 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥323 Mil.


Levima Advanced Materials Research & Development Historical Data

The historical data trend for Levima Advanced Materials'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.

Levima Advanced Materials Research & Development Chart

Levima Advanced Materials Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial 25.28 163.34 272.78 331.36 308.68

Levima Advanced Materials 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 73.75 73.54 81.29 80.10 87.71

Levima Advanced Materials 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 ¥323 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.


Levima Advanced Materials  (SZSE:003022) 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.


Levima Advanced Materials Research & Development Related Terms

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Levima Advanced Materials (SZSE:003022) Business Description

Traded in Other Exchanges
N/A
Address
Resident of Mushi Town, Shandong Province (Mushi Industrial Park), Tengzhou, CHN, 277500
Levima Advanced Materials Corp is a producer and supplier of high-end advanced material products and solutions. Levima advanced material product mainly include Ethylene-vinyl acetate, polypropylene, ethylene oxide and ethylene oxide derivative, which are widely used in photovoltaic, cable, shoe material, plastic, daily chemical, textile, construction, road, bridge, automobile, leather, coating, agricultural chemical, metal processing and other fields.

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