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Weihai Guangwei Composites Co (SZSE:300699) Research & Development : ¥193 Mil (TTM As of Mar. 2024)


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What is Weihai Guangwei Composites Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Weihai Guangwei Composites Co's Research & Development for the three months ended in Mar. 2024 was ¥60 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥193 Mil.


Weihai Guangwei Composites Co Research & Development Historical Data

The historical data trend for Weihai Guangwei Composites 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.

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Weihai Guangwei Composites Co Research & Development Chart

Weihai Guangwei Composites 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 190.07 274.21 232.39 192.39 168.25

Weihai Guangwei Composites 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 34.59 34.86 45.97 52.83 59.69

Weihai Guangwei Composites 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 ¥193 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.


Weihai Guangwei Composites Co  (SZSE:300699) 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.


Weihai Guangwei Composites Co Research & Development Related Terms

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Weihai Guangwei Composites Co (SZSE:300699) Business Description

Traded in Other Exchanges
N/A
Address
Tianjin High Road - 130, Hi-Tech District, Shandong Province, Weihai, CHN, 264202
Weihai Guangwei Composites Co Ltd is engaged in research, development, and production of advanced composites. It offers carbon, reinforced fiber fabric, prepregs and composite products. It is also engaged in equipment manufacturing. The company's composites and products are widely applied in various industries which include wind power, shipbuilding, sports industry, transportation industry, medical apparatus and instrument, textile machinery, industrial machinery, musical equipment, photographic equipment and the building.
Executives
Lin Feng Sen Executives
Zhang Yue Yi Directors, executives
Wang Zhuang Zhi Executives
Gao Zhang Xing Executives
Lu Zhao Jun Director
Wang Wen Yi Directors, executives
Li Shu Xiang Director
Tan Xian Cai Independent director

Weihai Guangwei Composites Co (SZSE:300699) Headlines

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