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This is the expense the company spent on research and development. China Yuchai International Ltd's research and development for the three months ended in Jun. 2016 was $21 Mil. Its research and development for the trailing twelve months (TTM) ended in Jun. 2016 was $76 Mil.
This is the expense the company spent on research and development.
China Yuchai International Ltd Research & Development for the trailing twelve months (TTM) ended in Jun. 2016 was 20.7801997613 (Sep. 2015 ) + 18.9914871843 (Dec. 2015 ) + 15.3191751119 (Mar. 2016 ) + 21.1877010866 (Jun. 2016 ) = $76 Mil.
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 Yuchai International Ltd Annual Data
|Research & Development||24||22||26||44||49||52||60||77||80||79|
China Yuchai International Ltd Quarterly Data
|Research & Development||17||20||22||21||18||22||21||19||15||21|