Zhejiang Chint Electrics Co (SHSE:601877) Research & Development : ¥1,105 Mil (TTM As of Sep. 2023)

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What is Zhejiang Chint Electrics Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Zhejiang Chint Electrics Co's Research & Development for the three months ended in Sep. 2023 was ¥311 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2023 was ¥1,105 Mil.

Zhejiang Chint Electrics Co Research & Development Historical Data

The historical data trend for Zhejiang Chint Electrics 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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Zhejiang Chint Electrics Co Research & Development Chart

Zhejiang Chint Electrics Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Research & Development

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946.37

979.58

1,029.21

983.38

1,136.42

Zhejiang Chint Electrics Co 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															312.29	280.45	240.22	273.75	310.82

Zhejiang Chint Electrics 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥1,105 Mil.

Zhejiang Chint Electrics Co (SHSE:601877) 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.

Zhejiang Chint Electrics Co Research & Development Related Terms

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Zhejiang Chint Electrics Co (SHSE:601877) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Chint Electrics Co Ltd (SHSE:601877) » Definitions » Research & Development

Traded in Other Exchanges

N/A

Address

Zhengtai Road, North White Elephant Industrial Park, Zhejiang, CHN, 325603

Website

http://www.chint.net

Zhejiang Chint Electrics Co Ltd through its subsidiaries engages in the research, development, production, and sale of low-voltage electrical products in China. The company offers Power Transformer, Gas Insulated Switchgear, Capacitor, Insulator and Cut-out Fuse among other products. The solutions provided by the company include Power Transmission and Distribution Equipment, Electric Power, Solar Power Generation System and Traffic Automation System.

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