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This is the expense the company spent on research and development. China Information Technology Inc's research and development for the six months ended in Jun. 2016 was $1.66 Mil. Its research and development for the trailing twelve months (TTM) ended in Jun. 2016 was $3.45 Mil.
This is the expense the company spent on research and development.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. China Information Technology Inc Research & Development for the trailing twelve months (TTM) ended in Jun. 2016 was $3.45 Mil.
* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.
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.
China Information Technology Inc Annual Data
|Research & Development||0.00||0.42||2.60||2.71||3.02||4.48||4.95||2.19||1.48||3.45|
China Information Technology Inc Semi-Annual Data
|Research & Development||2.60||2.72||2.23||1.46||0.73||0.97||0.50||2.15||1.30||1.66|