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Ningbo United Group Co (SHSE:600051) Research & Development : ¥0 Mil (TTM As of Mar. 2024)


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What is Ningbo United Group Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Ningbo United Group Co's Research & Development for the three months ended in Mar. 2024 was ¥0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥0 Mil.

Ningbo United Group Co Research & Development Historical Data

The historical data trend for Ningbo United Group 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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Ningbo United Group Co Research & Development Chart

Ningbo United Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
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Ningbo United Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Ningbo United Group 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 ¥0 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.

Ningbo United Group Co  (SHSE:600051) 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.

Ningbo United Group Co Research & Development Related Terms

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Ningbo United Group Co (SHSE:600051) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Ningbo United Group Co Ltd (SHSE:600051) » Definitions » Research & Development
Comparable Companies
SHSE:600287 SHSE:600735 BJSE:836871 SHSE:600113 SZSE:300434 SZSE:000151 SHSE:600811 SHSE:601890 GWW FERG FAST WSO POOL ASX:REH CNM OSTO:INDT WCC TSX:TIH SITE AIT
Traded in Other Exchanges
N/A
Address
United Building No. 1 Donghai Road, Economic Development Zone, Zhejiang Province, Ningbo, CHN, 315803
Website
http://www.nug.com.cn
Ningbo United Group Co Ltd is engaged in the development, manufacturing of energy, transportation, communications, municipal infrastructure, environmental protection equipment, instruments, general machinery, and electrical products.

Ningbo United Group Co (SHSE:600051) Headlines

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