Avic Heavy Machinery Co (SHSE:600765) Research & Development : ¥677 Mil (TTM As of Mar. 2024)

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What is Avic Heavy Machinery Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Avic Heavy Machinery Co's Research & Development for the three months ended in Mar. 2024 was ¥129 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥677 Mil.

Avic Heavy Machinery Co Research & Development Historical Data

The historical data trend for Avic Heavy Machinery 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.

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Avic Heavy Machinery Co Research & Development Chart

Avic Heavy Machinery Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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203.49

294.92

346.45

434.15

661.20

Avic Heavy Machinery 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															113.41	231.46	200.82	115.50	128.80

Avic Heavy Machinery 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 ¥677 Mil.

Avic Heavy Machinery Co (SHSE:600765) 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.

Avic Heavy Machinery Co Research & Development Related Terms

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Avic Heavy Machinery Co (SHSE:600765) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Avic Heavy Machinery Co Ltd (SHSE:600765) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 501, Beitun Road, Xintian Village, Wudang District, Guizhou Province, Guiyang, CHN, 550018

Website

http://www.hm.avic.com

Avic Heavy Machinery Co Ltd is a China-based company engaged in the development, production, and sale of both military and civilian-used high-end equipment. It manufactures hydraulic parts, hydraulic systems, forging products, heat exchangers and gas turbines in China. The company operates in the business areas of Forging business, Hydraulic business, and New energy business. In the Forging business, the company mainly produces die forgings, free forgings, isothermal forgings and rings of different materials. In Hydraulic business, the main products are various types of heat exchangers, high-speed rotating machinery (turbine, pumps, fans), oil tanks, cooling devices, high-temperature insulation components.

Executives

Li Yang	senior management
Hu Ling Hong	Directors, senior managers
Ji Sheng Li	senior management
Zhang Zheng Yuan	senior management
Mao Yuan	Supervisors
Ran Xing	Director
Wang Zhi Hong	senior management
Qiao Kun	senior management
Liu Zhong Wen	senior management
Sun Ji Bing	senior management
Li Xue Qin	Director
Jiang Chao	Director
Ji Su Chun	senior management
Huang Yun	Director
Hu Hai Yin	senior management

Avic Heavy Machinery Co (SHSE:600765) Headlines

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