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Guangdong Vanward New Electric Co (SZSE:002543) Research & Development : ¥250 Mil (TTM As of Mar. 2024)


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What is Guangdong Vanward New Electric Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Guangdong Vanward New Electric Co's Research & Development for the three months ended in Mar. 2024 was ¥75 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥250 Mil.


Guangdong Vanward New Electric Co Research & Development Historical Data

The historical data trend for Guangdong Vanward New Electric 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.

Guangdong Vanward New Electric Co Research & Development Chart

Guangdong Vanward New Electric 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 257.94 236.69 285.87 250.38 230.52

Guangdong Vanward New Electric 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 55.53 79.27 39.85 55.87 75.08

Guangdong Vanward New Electric 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 ¥250 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.


Guangdong Vanward New Electric Co  (SZSE:002543) 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.


Guangdong Vanward New Electric Co Research & Development Related Terms

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Guangdong Vanward New Electric Co (SZSE:002543) Business Description

Traded in Other Exchanges
N/A
Address
No.13, Jianye Mid-Road, Shunde High-Tech Industry Development Zone, Ronggui, Shunde, Foshan, Guangdong, CHN, 528305
Guangdong Vanward New Electric Co Ltd is a China-based company engaged in the manufacture and sale of gas water heaters and other gas appliances. Its main products include gas water heaters, range hoods, as well as air, solar and other new energy hot water products. The company's products are mainly used in domestic hot water, heating and hot water, refrigeration, drying and surplus heat of backwater.
Executives
Huang Shao Yan Supervisors
Hu Ling Supervisors
Huang Hui Guang Supervisors
Li Yue Executives
Lu Chu Qi Director

Guangdong Vanward New Electric Co (SZSE:002543) Headlines

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