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Tien Li Offshore Wind Technology Co (ROCO:6793) Research & Development : NT$20 Mil (TTM As of Dec. 2023)


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What is Tien Li Offshore Wind Technology Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Tien Li Offshore Wind Technology Co's Research & Development for the six months ended in Dec. 2023 was NT$9 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was NT$20 Mil.

Tien Li Offshore Wind Technology Co Research & Development Historical Data

The historical data trend for Tien Li Offshore Wind Technology Co'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.

* Premium members only.

Tien Li Offshore Wind Technology Co Research & Development Chart

Tien Li Offshore Wind Technology Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial 2.03 3.54 9.26 22.86 19.81

Tien Li Offshore Wind Technology Co Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.18 11.25 11.61 10.47 9.34

Tien Li Offshore Wind Technology Co 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 NT$20 Mil.

* 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.

Tien Li Offshore Wind Technology Co  (ROCO:6793) 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.

Tien Li Offshore Wind Technology Co Research & Development Related Terms

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Tien Li Offshore Wind Technology Co (ROCO:6793) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tien Li Offshore Wind Technology Co Ltd (ROCO:6793) » Definitions » Research & Development
Comparable Companies
ROCO:8383 TPE:6706 TPE:4552 TPE:4566 TPE:4526 ROCO:4580 ROCO:6725 TPE:3167 ROCO:3402 ROCO:4533 GE XTER:SIE XPAR:SU ETN ITW XKRX:373220 OSTO:ATCO A EMR PH AME
Traded in Other Exchanges
N/A
Address
Minsheng East Road, 3rd Floor, No. 131, Section 3, Songshan District, Taipei, TWN, 10596
Website
https://www.tien-li.com
Tien Li Offshore Wind Technology Co Ltd specializes in the development and production of wind turbine blades, nacelle covers and molds, as well as blade performance improvement and blade maintenance.

Tien Li Offshore Wind Technology Co (ROCO:6793) Headlines

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