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China Information Technology Inc (NAS:CNIT)
Research and Development
$2.92 Mil (TTM As of Jun. 2014)

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. 2014 was $0.97 Mil. Its research and development for the trailing twelve months (TTM) ended in Jun. 2014 was $2.92 Mil.


Definition

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. 2014 was $2.92 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


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.


Related Terms

Gross Profit


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

China Information Technology Inc Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Research & Development 0.000.000.000.422.602.713.024.484.952.92

China Information Technology Inc Semi-Annual Data

Dec10Mar11Jun11Sep11Dec11Jun12Dec12Jun13Dec13Jun14
Research & Development 0.950.731.151.111.492.720.001.461.460.97
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