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Qinghai Huading Industrial Co (SHSE:600243) Research & Development : ¥14.6 Mil (TTM As of Mar. 2024)


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What is Qinghai Huading Industrial Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Qinghai Huading Industrial Co's Research & Development for the three months ended in Mar. 2024 was ¥3.0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥14.6 Mil.


Qinghai Huading Industrial Co Research & Development Historical Data

The historical data trend for Qinghai Huading Industrial 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.

Qinghai Huading Industrial Co Research & Development Chart

Qinghai Huading Industrial Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.53 21.42 15.26 14.64 14.78

Qinghai Huading Industrial Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.20 3.92 4.43 3.23 3.02

Qinghai Huading Industrial 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥14.6 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.


Qinghai Huading Industrial Co  (SHSE:600243) 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.


Qinghai Huading Industrial Co Research & Development Related Terms

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Qinghai Huading Industrial Co (SHSE:600243) Business Description

Traded in Other Exchanges
N/A
Address
No. 318, Qiyi Road, Qinghai Province, Xining, CHN, 810000
Qinghai Huading Industrial Co Ltd is a Chinese company engaged in the manufacture and sale of CNC horizontal lathe products, roll lathes, special railway lathes, and other machine tools.
Executives
Wang Feng Director
Yu Shi Guang Director
Li Yue Nan Supervisors
Liu Wen Zhong Director
Yang Yong Jun Director
Xiao Shan Peng senior management
Li Xiang Jun Director
Ma Xin Ping Supervisors
Wang Chun Mei Director
Yu Jian Guo Supervisors

Qinghai Huading Industrial Co (SHSE:600243) Headlines

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