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MingYang Smart Energy Group (SHSE:601615) Research & Development : ¥723 Mil (TTM As of Sep. 2023)


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What is MingYang Smart Energy Group Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. MingYang Smart Energy Group's Research & Development for the three months ended in Sep. 2023 was ¥277 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2023 was ¥723 Mil.


MingYang Smart Energy Group Research & Development Historical Data

The historical data trend for MingYang Smart Energy Group'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.

MingYang Smart Energy Group Research & Development Chart

MingYang Smart Energy Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 196.56 298.01 600.71 872.38 843.79

MingYang Smart Energy Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 306.97 -4.54 160.56 289.17 277.49

MingYang Smart Energy Group Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥723 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.


MingYang Smart Energy Group  (SHSE:601615) 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.


MingYang Smart Energy Group Research & Development Related Terms

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MingYang Smart Energy Group (SHSE:601615) Business Description

Traded in Other Exchanges
Address
Mingyang Industrial Park, No. 22, Huoju Avenue, Zhongshan Torch High-tech Industrial Development Zone, Zhongshan, Guangdong, CHN, 528400
Ming Yang Smart Energy Group Ltd is a wind turbine manufacturer, that provides accessible green and smart energy, and a full lifecycle renewable solutions provider. The Group's business is primarily divided into three segments: wind turbine manufacturing and sales, wind and solar farm development and operation, and other renewable energy services.

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