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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 Sep. 2014 was $22 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2014 was $83 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 Sep. 2014 was 24.0806717155 (Dec. 2013 ) + 16.9964360927 (Mar. 2014 ) + 19.6101499053 (Jun. 2014 ) + 21.9834804992 (Sep. 2014 ) = $83 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||15||24||22||27||44||49||52||60||77||80|
China Yuchai International Ltd Quarterly Data
|Research & Development||15||16||15||19||18||24||17||20||22||21|