Mekics Co (XKRX:058110) Research & Development : ₩3,195 Mil (TTM As of Dec. 2023)

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What is Mekics Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Mekics Co's Research & Development for the three months ended in Dec. 2023 was ₩537 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was ₩3,195 Mil.

Mekics Co Research & Development Historical Data

The historical data trend for Mekics 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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Mekics Co Research & Development Chart

Mekics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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1,140.97

1,988.39

3,149.97

3,316.61

3,194.84

Mekics Co Quarterly Data
	Mar19	Jun19	Sep19	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															544.01	1,024.15	1,057.23	576.55	536.91

Mekics 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩3,195 Mil.

Mekics Co (XKRX:058110) 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.

Mekics Co Research & Development Related Terms

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Mekics Co (XKRX:058110) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Mekics Co Ltd (XKRX:058110) » Definitions » Research & Development

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Traded in Other Exchanges

N/A

Address

21, Sangjiseok-gil, Gyeonggi-do, Paju-si, KOR

Website

http://www.mek-ics.com

Mekics Co Ltd is a technical company in the medical appliance field for critical patients. It is primarily involved in ICU business, Home rental business and Home healthcare business. ICU business include manufacturing and marketing of ICU medical device, Home rental business focuses on leasing of artificial respirators for patients and home healthcare business includes distribution and marketing of airway pressure device.

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