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ShanDong Swan Cotton Industrial Machinery Stock Co (SHSE:603029) Research & Development : ¥72.8 Mil (TTM As of Mar. 2024)


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What is ShanDong Swan Cotton Industrial Machinery Stock Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. ShanDong Swan Cotton Industrial Machinery Stock Co's Research & Development for the three months ended in Mar. 2024 was ¥8.6 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥72.8 Mil.


ShanDong Swan Cotton Industrial Machinery Stock Co Research & Development Historical Data

The historical data trend for ShanDong Swan Cotton Industrial Machinery Stock 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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ShanDong Swan Cotton Industrial Machinery Stock Co Research & Development Chart

ShanDong Swan Cotton Industrial Machinery Stock 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 35.92 38.96 33.61 52.16 71.64

ShanDong Swan Cotton Industrial Machinery Stock 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 7.43 20.39 18.58 25.24 8.62

ShanDong Swan Cotton Industrial Machinery Stock 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 ¥72.8 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 Swan Cotton Industrial Machinery Stock Co  (SHSE:603029) 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 Swan Cotton Industrial Machinery Stock Co Research & Development Related Terms

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ShanDong Swan Cotton Industrial Machinery Stock Co (SHSE:603029) Business Description

Traded in Other Exchanges
N/A
Address
NO.99, East Road of Dawei Village, Tianqiao District, Jinan, CHN, 250032
ShanDong Swan Cotton Industrial Machinery Stock Co Ltd is engaged in manufacturing cotton processing machinery. It also manufactures agriculture machinery. Its products can be divided into two categories: ginning equipment and stripping equipment. The ginning equipment mainly includes ginning machine, seed cotton cleaning machine, and lint cleaning machine. The stripping equipment mainly includes a stripping machine.
Executives
Yang Bing Sheng senior management

ShanDong Swan Cotton Industrial Machinery Stock Co (SHSE:603029) Headlines

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