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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 Mar. 2014 was $17 Mil. Its research and development for the trailing twelve months (TTM) ended in Mar. 2014 was $78 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 Mar. 2014 was 18.8904466906 (Jun. 2013 ) + 18.2882189087 (Sep. 2013 ) + 24.1722029417 (Dec. 2013 ) + 16.8544578313 (Mar. 2014 ) = $78 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||17||15||24||23||26||44||49||52||60||77|
China Yuchai International Ltd Quarterly Data
|Research & Development||13||13||15||15||17||15||19||18||24||17|