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Changhong Meiling Co (SZSE:000521) Research & Development : ¥601 Mil (TTM As of Mar. 2024)


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What is Changhong Meiling Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Changhong Meiling Co's Research & Development for the three months ended in Mar. 2024 was ¥132 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥601 Mil.


Changhong Meiling Co Research & Development Historical Data

The historical data trend for Changhong Meiling 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.

Changhong Meiling Co Research & Development Chart

Changhong Meiling 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 334.22 380.64 465.89 560.38 596.92

Changhong Meiling 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 127.91 137.27 149.55 182.19 132.43

Changhong Meiling 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 ¥601 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.


Changhong Meiling Co  (SZSE:000521) 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.


Changhong Meiling Co Research & Development Related Terms

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Changhong Meiling Co (SZSE:000521) Business Description

Traded in Other Exchanges
Address
No. 2163, Lianhua Road, Economic and technology Development Zone, Hefei, Anhui, CHN, 230601
Changhong Meiling Co Ltd functions in the consumer electronic industry of China. Its product portfolio comprises of refrigerators, air conditioners, washing machines and other household appliances. Hefei Meiling conducts its operations through five segments; Air-conditioning, Refrigerator & freezer & washing machine, Marketing, Small home appliance and Others. The company's washing machine varieties include fully automatic, roller and double barrel and the air conditioning products range include Guiji and Goodbye.

Changhong Meiling Co (SZSE:000521) Headlines

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