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Shandong Hualu-hengsheng Chemical Co (SHSE:600426) Research & Development : ¥529 Mil (TTM As of Mar. 2024)


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What is Shandong Hualu-hengsheng Chemical Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Shandong Hualu-hengsheng Chemical Co's Research & Development for the three months ended in Mar. 2024 was ¥123 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥529 Mil.


Shandong Hualu-hengsheng Chemical Co Research & Development Historical Data

The historical data trend for Shandong Hualu-hengsheng Chemical 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.

Shandong Hualu-hengsheng Chemical Co Research & Development Chart

Shandong Hualu-hengsheng Chemical 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 331.53 284.03 368.44 610.63 578.38

Shandong Hualu-hengsheng Chemical 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 172.37 153.90 121.43 130.67 122.53

Shandong Hualu-hengsheng Chemical 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 ¥529 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.


Shandong Hualu-hengsheng Chemical Co  (SHSE:600426) 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.


Shandong Hualu-hengsheng Chemical Co Research & Development Related Terms

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Shandong Hualu-hengsheng Chemical Co (SHSE:600426) Business Description

Traded in Other Exchanges
N/A
Address
Number 24 Tianqu West Road, Decheng District, Shandong, Dezhou, CHN, 253024
Shandong Hualu-hengsheng Chemical Co Ltd manufactures and sells chemical materials and chemical fertilizers worldwide. The company offers chemical fertilizers, such as compound fertilizers, urea, ammonium bicarbonate, ammonium sulfate, and liquid fertilizers; DMF and organic amine products, including DMF, monomethylamine, dimethylamine, and trimethylamine; and acetic acid and acetic anhydride. It also provides new chemical materials comprising ethylene glycol, adipic acid, cyclohexanone, butyl alcohol, butanal, octyl alcohol, and melamine; basic chemicals that include nitric acid, methanol, liquid ammonia, and sulfur; and industrial gases, such as liquid oxygen, nitrogen, and argon.
Executives
Zhang Xin Sheng senior management
Zhuang Guang Shan Director
Chang Huai Chun Director
Gao Jing Hong Directors, senior managers
Pan De Sheng senior management
Dong Yan Director
Gao Wen Jun senior management
Yu Fu Hong senior management
Zhang Jie senior management
Qi Shao Qing senior management
Wang Yuan Ren Director

Shandong Hualu-hengsheng Chemical Co (SHSE:600426) Headlines

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