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Hubei Xingfa Chemicals Group Co (SHSE:600141) Research & Development : ¥1,079 Mil (TTM As of Mar. 2024)


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What is Hubei Xingfa Chemicals Group Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Hubei Xingfa Chemicals Group Co's Research & Development for the three months ended in Mar. 2024 was ¥212 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥1,079 Mil.


Hubei Xingfa Chemicals Group Co Research & Development Historical Data

The historical data trend for Hubei Xingfa Chemicals 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.

* Premium members only.

Hubei Xingfa Chemicals Group Co Research & Development Chart

Hubei Xingfa Chemicals Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 274.88 374.07 862.18 1,232.20 1,116.85

Hubei Xingfa Chemicals Group 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 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 Premium Member Only Premium Member Only Premium Member Only 250.31 268.43 237.10 361.02 212.30

Hubei Xingfa Chemicals 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 ¥1,079 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.


Hubei Xingfa Chemicals Group Co  (SHSE:600141) 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.


Hubei Xingfa Chemicals Group Co Research & Development Related Terms

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Hubei Xingfa Chemicals Group Co (SHSE:600141) Business Description

Traded in Other Exchanges
N/A
Address
The Ancient Town Of Gaoyang Road, Cardiff 58, Xingshan County, Hubei Province, Yichang City, CHN, 443711
Hubei Xingfa Chemicals Group Co Ltd is engaged in developing, producing, and selling phosphoric products and fine chemicals primarily in China. The company offers phosphoric products, such as dicalcium phosphate, phosphoric acid, sodium tripolyphosphate, sodium hexametaphosphate, monosodium phosphate and trisodium phosphate food grade among others.

Hubei Xingfa Chemicals Group Co (SHSE:600141) Headlines

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