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Chongqing Polycomp International (SZSE:301526) Research & Development : ¥293 Mil (TTM As of Mar. 2024)


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What is Chongqing Polycomp International Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Chongqing Polycomp International's Research & Development for the three months ended in Mar. 2024 was ¥91 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥293 Mil.


Chongqing Polycomp International Research & Development Historical Data

The historical data trend for Chongqing Polycomp International'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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Chongqing Polycomp International Research & Development Chart

Chongqing Polycomp International Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial 153.66 202.95 258.78 292.60 296.66

Chongqing Polycomp International Quarterly Data
Dec18 Dec19 Dec20 Jun21 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 94.28 68.34 66.78 67.26 90.92

Chongqing Polycomp International 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 ¥293 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.


Chongqing Polycomp International  (SZSE:301526) 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.


Chongqing Polycomp International Research & Development Related Terms

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Chongqing Polycomp International (SZSE:301526) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Area B, Jianqiao Industrial Park, Dadukou, Chongqing, CHN, 400082
Chongqing Polycomp International Corp is engaged in research & development, production and sales of glass fiber and its products.

Chongqing Polycomp International (SZSE:301526) Headlines

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