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Guangzhou Newlife New Material Co (SZSE:301323) Research & Development : ¥56.1 Mil (TTM As of Mar. 2024)


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What is Guangzhou Newlife New Material Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Guangzhou Newlife New Material Co's Research & Development for the three months ended in Mar. 2024 was ¥16.8 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥56.1 Mil.


Guangzhou Newlife New Material Co Research & Development Historical Data

The historical data trend for Guangzhou Newlife New 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.

* Premium members only.

Guangzhou Newlife New Material Co Research & Development Chart

Guangzhou Newlife New Material Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial 25.99 28.84 33.01 37.87 48.51

Guangzhou Newlife New Material Co Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 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 9.20 11.38 11.57 16.36 16.82

Guangzhou Newlife New 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 ¥56.1 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.


Guangzhou Newlife New Material Co  (SZSE:301323) 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.


Guangzhou Newlife New Material Co Research & Development Related Terms

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Guangzhou Newlife New Material Co (SZSE:301323) Business Description

Traded in Other Exchanges
N/A
Address
No. 4, Canghai 4th Road, Guangzhou Economic and Technological Development Zone, Yonghe Economic Zone, Guangdong, Guangzhou, CHN, 511356
Guangzhou Newlife New Material Co Ltd is focused on the research and development and production of magnetic materials, electronic ceramic materials and devices. Its products are divided into two major product directions: civil and industrial. Industrial products mainly focus on the research and development and production of mobile phones and micro-motor peripheral products, including varistors, copper (high specific gravity alloys), thermistors (NTC), high-energy radiation protection materials, medical radiation shielding materials, nuclear radiation shielding materials, etc. Civilian products include magnetic glue materials, magnetic products, Jingyisi, magnetic advertising materials, soft magnetic coatings, etc.

Guangzhou Newlife New Material Co (SZSE:301323) Headlines

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