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Grand Pacific Petrochemical (TPE:1312) Research & Development : NT$31 Mil (TTM As of Mar. 2024)


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What is Grand Pacific Petrochemical Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Grand Pacific Petrochemical's Research & Development for the three months ended in Mar. 2024 was NT$8 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was NT$31 Mil.


Grand Pacific Petrochemical Research & Development Historical Data

The historical data trend for Grand Pacific Petrochemical'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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Grand Pacific Petrochemical Research & Development Chart

Grand Pacific Petrochemical 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 32.97 29.83 38.70 34.14 31.91

Grand Pacific Petrochemical 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 9.02 7.98 8.13 6.78 7.92

Grand Pacific Petrochemical 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 NT$31 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.


Grand Pacific Petrochemical  (TPE:1312) 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.


Grand Pacific Petrochemical Research & Development Related Terms

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Grand Pacific Petrochemical (TPE:1312) Business Description

Traded in Other Exchanges
Address
No. 4, Xinggong Road, Dashe District, Kaohsiung City, TWN, 81567
Grand Pacific Petrochemical Corp manufactures and sells a variety of chemicals, plastics, and chemical-based products. The firm makes its products from petroleum. The company sells polystyrene resins, which are used in the production of rubber and plastics, including food containers and plastic credit cards. It also sells thermoplastic resins, which are used to produce automobile interior parts, luggage, computer monitors, modems, and scanners. The company also sells styrene-acrylonitrile resins, which are used to produce battery components, disposable lighters, electric fan blades, and air conditioner parts.

Grand Pacific Petrochemical (TPE:1312) Headlines

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