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QuMei Home Furnishings Group Co (SHSE:603818) Research & Development : ¥83 Mil (TTM As of Mar. 2024)


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What is QuMei Home Furnishings Group Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. QuMei Home Furnishings Group Co's Research & Development for the three months ended in Mar. 2024 was ¥16 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥83 Mil.


QuMei Home Furnishings Group Co Research & Development Historical Data

The historical data trend for QuMei Home Furnishings Group 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.

QuMei Home Furnishings Group Co Research & Development Chart

QuMei Home Furnishings Group 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 90.78 90.90 101.27 98.19 83.13

QuMei Home Furnishings Group 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 16.41 25.51 20.06 21.15 16.27

QuMei Home Furnishings Group 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 ¥83 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.


QuMei Home Furnishings Group Co  (SHSE:603818) 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.


QuMei Home Furnishings Group Co Research & Development Related Terms

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QuMei Home Furnishings Group Co (SHSE:603818) Business Description

Traded in Other Exchanges
N/A
Address
No. 51, Wangjing North Road, Building 8, Chaoyang District, Beijing, CHN, 100102
QuMei Home Furnishings Group Co Ltd is mainly engaged in the design, production, and sales of medium and high-end civilian furniture and supporting household products, providing consumers with a whole home. It offers wooden furniture including solid wood furniture, man-made board furniture, and integrated furniture. Its products are divided into custom furniture, finished furniture and home accessories by category, divided into solid wood and board wood according to materials.

QuMei Home Furnishings Group Co (SHSE:603818) Headlines

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