Hwa Create (SZSE:300045) Research & Development : ¥84.5 Mil (TTM As of Mar. 2024)

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What is Hwa Create Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Hwa Create's Research & Development for the three months ended in Mar. 2024 was ¥22.4 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥84.5 Mil.

Hwa Create Research & Development Historical Data

The historical data trend for Hwa Create'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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Hwa Create Research & Development Chart

Hwa Create Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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37.18

53.02

35.56

73.21

74.54

Hwa Create 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															12.40	9.45	16.10	36.59	22.38

Hwa Create 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 ¥84.5 Mil.

Hwa Create (SZSE:300045) 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.

Hwa Create Research & Development Related Terms

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Hwa Create (SZSE:300045) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Hwa Create Corp (SZSE:300045) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8 Dongbeiwangxi Road, Chuangtong Technology Building, Building 18, Zhongguancun Software Park, Haidian District, Beijing, CHN, 100193

Website

http://www.hwacreate.com.cn

Hwa Create Corp is a China-based company engaged in the research and development, manufacturing, and sale of technologies and products of satellite navigation, radar and communication, navigation and communication antenna and embedded system. Its products are used in electromechanical industries of aviation, aerospace, ship and emulation training. The products of the company include Beidou satellite navigation chips, application modules, and their corresponding simulated test devices, designated antenna for satellite navigation, embedded modules and simulated test devices for radar and communication system, computer simulation and test platform for the electromechanical system, and computer simulation application development services.

Executives

Wang Wei	Directors, executives
Wu Meng Bing	Directors, executives
Xiong Yun Hong	Director
Wang Qi	Director
Zhang Hai Ying	Independent director
Li Zong Li	Director
Lu Jun	Director
Chen Kang	Executives
Liu Jie Hua	Executives
Huang Jian Xin	Executives
Fu Zheng Jun	Executives
Huang Yu Bin	Executives
Gao Xiao Li	Directors, executives
Chen Yan	Supervisors
Wang Ning	Supervisors

Hwa Create (SZSE:300045) Headlines

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