Shougang Century Holdings (HKSE:00103) Research & Development : HK$108 Mil (TTM As of Dec. 2023)

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What is Shougang Century Holdings Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Shougang Century Holdings's Research & Development for the six months ended in Dec. 2023 was HK$56 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was HK$108 Mil.

Shougang Century Holdings Research & Development Historical Data

The historical data trend for Shougang Century Holdings's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Shougang Century Holdings Research & Development Chart

Shougang Century Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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74.49

71.40

103.68

103.34

108.30

Shougang Century Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Research & Development	Get a 7-Day Free Trial															56.63	55.77	47.57	52.19	56.10

Shougang Century Holdings Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$108 Mil.

Shougang Century Holdings (HKSE:00103) Research & Development 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.

Shougang Century Holdings Research & Development Related Terms

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Shougang Century Holdings (HKSE:00103) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Shougang Century Holdings Ltd (HKSE:00103) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

CW7:Germany

Address

6 Sun Yip Street, Room 1215, 12th Floor, Honour Industrial Centre, Chai Wan, Hong Kong, HKG

Website

https://www.shougangcentury.com.hk

Shougang Century Holdings Ltd along with its subsidiaries is engaged in the manufacturing and sales of steel cords for radial tyres, sawing wires and hose wires. The steel cords are specifically used in radial tires. The company generates majority of its revenue from the steel cord business in China. The Group's operations are currently organized into one reportable segment which is steel cord segment.

Shougang Century Holdings (HKSE:00103) Headlines

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