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Luoyang Xinqianglian Slewing Bearing Co (SZSE:300850) Research & Development : ¥120 Mil (TTM As of Mar. 2024)


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What is Luoyang Xinqianglian Slewing Bearing Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Luoyang Xinqianglian Slewing Bearing Co's Research & Development for the three months ended in Mar. 2024 was ¥12 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥120 Mil.


Luoyang Xinqianglian Slewing Bearing Co Research & Development Historical Data

The historical data trend for Luoyang Xinqianglian Slewing Bearing 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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Luoyang Xinqianglian Slewing Bearing Co Research & Development Chart

Luoyang Xinqianglian Slewing Bearing Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial 30.21 96.17 106.34 129.32 139.68

Luoyang Xinqianglian Slewing Bearing 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 31.41 31.67 29.10 47.50 12.10

Luoyang Xinqianglian Slewing Bearing 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 ¥120 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.


Luoyang Xinqianglian Slewing Bearing Co  (SZSE:300850) 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.


Luoyang Xinqianglian Slewing Bearing Co Research & Development Related Terms

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Luoyang Xinqianglian Slewing Bearing Co (SZSE:300850) Business Description

Traded in Other Exchanges
N/A
Address
Jiuzhou Road, Luoxin Industrial Park, Henan Province, Luoyang, CHN, 471800
Luoyang Xinqianglian Slewing Bearing Co Ltd is engaged in production and sales of large slewing bearings and industrial forgings. The company designs and manufactures slewing bearings; precision bearings; shield machine parts; mid-to-high frequency quenching, bearing roller processing; sales of forgings, castings, and flanges.
Executives
Li Hua Qing Supervisors
Zhang Zhan Pu Supervisors

Luoyang Xinqianglian Slewing Bearing Co (SZSE:300850) Headlines

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