Hainan RuiZe New Building Material Co (SZSE:002596) Research & Development : ¥27 Mil (TTM As of Mar. 2024)

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What is Hainan RuiZe New Building Material Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Hainan RuiZe New Building Material Co's Research & Development for the three months ended in Mar. 2024 was ¥12 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥27 Mil.

Hainan RuiZe New Building Material Co Research & Development Historical Data

The historical data trend for Hainan RuiZe New Building Material 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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Hainan RuiZe New Building Material Co Research & Development Chart

Hainan RuiZe New Building Material Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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15.25

15.86

13.72

32.23

26.41

Hainan RuiZe New Building Material 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															10.80	13.23	13.61	-11.23	11.84

Hainan RuiZe New Building Material 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 ¥27 Mil.

Hainan RuiZe New Building Material Co (SZSE:002596) 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.

Hainan RuiZe New Building Material Co Research & Development Related Terms

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Hainan RuiZe New Building Material Co (SZSE:002596) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Hainan RuiZe New Building Material Co Ltd (SZSE:002596) » Definitions » Research & Development

Traded in Other Exchanges

N/A

Address

No.488 Yingbin Road, Sanya, CHN, 572011

Website

http://www.hnruize.com

Hainan RuiZe New Building Material Co Ltd is engaged in the manufacturing and sale of concrete, wall materials, and cement. In addition, it is also involved in the landscaping business. The company's products are mainly used in large-scale construction projects, including national, provincial and municipal large-scale urban base facilities, traffic engineering and large-scale residential projects. Geographically the group operates through China.

Executives

Zhang Hai Lin	Director
Yu Qing Chi	Directors, Directors, and Executives
Bai Jing	Independent director
Zhang Yi Lin	Directors, executives
Yi Cheng Zhen	Executives
Chen Hong Zhe	Executives
Yang Zhuang Xu	Supervisors
Gao Xu	Supervisors
Wang Pei Ming	Director

Hainan RuiZe New Building Material Co (SZSE:002596) Headlines

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