BYD Co (BYD Co) Research & Development : $5,537 Mil (TTM As of Dec. 2023)

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What is BYD Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. BYD Co's Research & Development for the three months ended in Dec. 2023 was $2,050 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was $5,537 Mil.

BYD Co Research & Development Historical Data

The historical data trend for BYD 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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BYD Co Research & Development Chart

BYD Co Annual Data

Trend

Dec14

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Dec23

Research & Development

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802.63

1,141.54

1,254.61

2,675.74

5,542.55

BYD Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Research & Development	Get a 7-Day Free Trial															1,116.58	905.24	1,060.79	1,521.50	2,049.88

BYD 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $5,537 Mil.

BYD Co (OTCPK:BYDDY) 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.

BYD Co Research & Development Related Terms

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BYD Co (BYD Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » BYD Co Ltd (OTCPK:BYDDY) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

BYDDF:USA 01211:Hong Kong 0VSO:UK BY6:Germany 002594:China BY6:Austria

Address

No. 3009, BYD Road, Pingshan, Guangdong Province, Shenzhen, CHN, 518118

Website

https://www.byd.com

Founded in 1995, BYD is a leading Chinese manufacturer in the design, development, and production of new energy vehicles, or NEVs. In March 2022, the firm discontinued production of internal combustion engine, or ICE, vehicles. Its products primarily target the growing midpriced mass-market segment in China's passenger vehicle market. The company sold more than 1.8 million passenger NEVs in 2022, accounting for about 28% of the Chinese passenger NEV market. Besides automobile production, the company is also engaged in handset components and assembly services, as well as the rechargeable battery and photovoltaics business. After more than 25 years of development, the company has established over 30 industrial parks worldwide.