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Hengli Petrochemical Co (SHSE:600346) Research & Development : ¥1,439 Mil (TTM As of Mar. 2024)


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What is Hengli Petrochemical Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Hengli Petrochemical Co's Research & Development for the three months ended in Mar. 2024 was ¥357 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥1,439 Mil.

Hengli Petrochemical Co Research & Development Historical Data

The historical data trend for Hengli Petrochemical 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.

Hengli Petrochemical Co Research & Development Chart

Hengli Petrochemical 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 958.35 825.98 1,019.45 1,184.71 1,371.03

Hengli Petrochemical 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 289.43 327.43 362.79 391.38 357.09

Hengli Petrochemical 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 ¥1,439 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.

Hengli Petrochemical Co  (SHSE:600346) 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.

Hengli Petrochemical Co Research & Development Related Terms

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Hengli Petrochemical Co (SHSE:600346) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Hengli Petrochemical Co Ltd (SHSE:600346) » Definitions » Research & Development
Comparable Companies
SZSE:000301 SHSE:601233 SHSE:600295 SZSE:301526 SZSE:000158 SHSE:603055 SZSE:000420 SZSE:002327 SHSE:601339 SZSE:002042 HKSE:02313 TSE:3402 IST:SASA TPE:1402 BOM:532889 AIN BOM:521064 BOM:503310 TPE:2915 BOM:514162
Traded in Other Exchanges
N/A
Address
No.1, South Hengli Road, Shengze Town, Wujiang District, Jiangsu, Suzhou, CHN
Website
http://www.hengliinc.com
Hengli Petrochemical Co Ltd is in the business of textile yarn, industrial yarn and thermal power. The Company's products include civil polyester filament, industrial polyester filament polyester chips and energy.

Hengli Petrochemical Co (SHSE:600346) Headlines

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