GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Wetouch Technology Inc (NAS:WETH) » Definitions » Research & Development

Wetouch Technology (Wetouch Technology) Research & Development : $0.09 Mil (TTM As of Dec. 2023)


View and export this data going back to 1994. Start your Free Trial

What is Wetouch Technology Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Wetouch Technology's Research & Development for the three months ended in Dec. 2023 was $0.02 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was $0.09 Mil.

Wetouch Technology Research & Development Historical Data

The historical data trend for Wetouch Technology'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.

Wetouch Technology Research & Development Chart

Wetouch Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
0.14 0.08 0.09 0.09 0.09

Wetouch Technology Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.02 0.02 0.02 0.02 0.02

Wetouch Technology Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.09 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.

Wetouch Technology  (NAS:WETH) 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.

Wetouch Technology Research & Development Related Terms

Thank you for viewing the detailed overview of Wetouch Technology's Research & Development provided by GuruFocus.com. Please click on the following links to see related term pages.

Wetouch Technology (Wetouch Technology) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Wetouch Technology Inc (NAS:WETH) » Definitions » Research & Development
Comparable Companies
LRHC ABCP GYRO NYC MDJH BRST MGAG OMH MHPC ZDPY CSGP CBRE XMAD:CLNX XTER:VNA BEKE TSE:8830 ADX:QHOLDING OSTO:AKEL D HKSE:01972 MIL:INW
Traded in Other Exchanges
N/A
Address
No. 29, Third Main Avenue, Shigao Town, Renshou County, Meishan, Sichuan, CHN, 620500
Website
https://www.wetouchinc.com
Wetouch Technology Inc is a touch panel supplier focused on R & D, production and sales of touch screen products. It offers touchscreens for a variety of applications, including GPS/car entertainment panels for automotive industry, industrial human-machine interface ("HMI"), financial and banking terminals, point of sale, lottery and gaming machines, smart home, robots and charging stations. The Company sells touchscreen products both domestically in China and internationally, covering majority areas in China, Taiwan, South Korea, and Germany.