Kangxin New Materials Co (SHSE:600076) Research & Development : ¥4.3 Mil (TTM As of Mar. 2024)

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What is Kangxin New Materials Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Kangxin New Materials Co's Research & Development for the three months ended in Mar. 2024 was ¥0.3 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥4.3 Mil.

Kangxin New Materials Co Research & Development Historical Data

The historical data trend for Kangxin New Materials 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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Kangxin New Materials Co Research & Development Chart

Kangxin New Materials Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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33.56

42.30

49.56

16.56

5.47

Kangxin New Materials 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															1.41	2.53	0.27	1.26	0.25

Kangxin New Materials 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 ¥4.3 Mil.

Kangxin New Materials Co (SHSE:600076) 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.

Kangxin New Materials Co Research & Development Related Terms

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Kangxin New Materials Co (SHSE:600076) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Kangxin New Materials Co Ltd (SHSE:600076) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

N/A

Address

Wuhan East Lake Central Lake Road No. 57, Jinyinhu Withub 30, Hubei Province, Wuhan, CHN

Website

http://www.hbkangxin.com.cn

Kangxin New Materials Co Ltd engages in the collection, afforestation, processing, and sale of timber products in China. It also designs and produces building structural materials; and produces wood structural housing products. The company's products include COSB composite, multi-layer solid wood, and bamboo and wood composite container flooring products; civil sheets comprise building templates, ordinary COSB boards, environmental protection boards, and COSB boards; and landscape and green seedlings.

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