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Sinoma International Engineering Co (SHSE:600970) Research & Development : ¥1,843 Mil (TTM As of Mar. 2024)


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What is Sinoma International Engineering Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Sinoma International Engineering Co's Research & Development for the three months ended in Mar. 2024 was ¥322 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥1,843 Mil.


Sinoma International Engineering Co Research & Development Historical Data

The historical data trend for Sinoma International Engineering 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.

Sinoma International Engineering Co Research & Development Chart

Sinoma International Engineering 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 610.23 874.87 1,183.03 1,626.58 1,841.54

Sinoma International Engineering 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 321.21 457.05 497.83 565.45 322.29

Sinoma International Engineering 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 ¥1,843 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.


Sinoma International Engineering Co  (SHSE:600970) 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.


Sinoma International Engineering Co Research & Development Related Terms

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Sinoma International Engineering Co (SHSE:600970) Business Description

Traded in Other Exchanges
N/A
Address
No. 16 Wangjing North Road, Chaoyang District, Beijing, CHN, 100102
Sinoma International Engineering Co Ltd is a supplier of complete industry chain for cement engineering, offers full-line general contracting service, from engineering design, technology and equipment research & development, equipment manufacture and supply, civil construction, equipment installation and plant commissioning to operation & maintenance. The company's main business covers cement technology & equipment and engineering, integrating premium resources of technology, talent, management, and platform.

Sinoma International Engineering Co (SHSE:600970) Headlines

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