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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 three months ended in Jun. 2014 was $0.97 Mil. Its research and development for the trailing twelve months (TTM) ended in Jun. 2014 was $4.78 Mil.
This is the expense the company spent on research and development.
China Information Technology Inc Research & Development for the trailing twelve months (TTM) ended in Jun. 2014 was 0.887 (Dec. 2012 ) + 1.458 (Jun. 2013 ) + 1.458 (Dec. 2013 ) + 0.974 (Jun. 2014 ) = $4.78 Mil.
* All numbers are in millions except for per share data and ratio. All numbers are in their own 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||0.00||0.00||0.42||2.60||2.71||3.02||4.48||4.95||2.92|
China Information Technology Inc Quarterly Data
|Research & Development||1.15||1.11||1.49||1.48||1.24||1.35||0.89||1.46||1.46||0.97|