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Xinxiang Richful Lube Additive Co (SZSE:300910) Research & Development : ¥114 Mil (TTM As of Mar. 2024)


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What is Xinxiang Richful Lube Additive Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Xinxiang Richful Lube Additive Co's Research & Development for the three months ended in Mar. 2024 was ¥20 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥114 Mil.


Xinxiang Richful Lube Additive Co Research & Development Historical Data

The historical data trend for Xinxiang Richful Lube Additive 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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Xinxiang Richful Lube Additive Co Research & Development Chart

Xinxiang Richful Lube Additive Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial 17.26 23.26 37.32 104.34 118.42

Xinxiang Richful Lube Additive 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 24.83 33.37 31.53 28.69 20.42

Xinxiang Richful Lube Additive 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 ¥114 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.


Xinxiang Richful Lube Additive Co  (SZSE:300910) 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.


Xinxiang Richful Lube Additive Co Research & Development Related Terms

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Xinxiang Richful Lube Additive Co (SZSE:300910) Business Description

Traded in Other Exchanges
N/A
Address
Dazhaoying Industrial Zone, Henan Province (North of Xinhuo Road), Xinxiang, CHN, 453700
Xinxiang Richful Lube Additive Co Ltd is engaged in the production and sales of fine chemical products. Its product range includes special papermaking chemicals and lubricant additives.
Executives
Ma Zhen Fang Directors, executives
Zhang Yong Supervisors
Shang Qing Chun Directors, Directors, and Executives
Wang Shao Hui Executives

Xinxiang Richful Lube Additive Co (SZSE:300910) Headlines

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