Zhejiang Tony Electronic Co (SHSE:603595) Research & Development : ¥385 Mil (TTM As of Mar. 2024)

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What is Zhejiang Tony Electronic Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Zhejiang Tony Electronic Co's Research & Development for the three months ended in Mar. 2024 was ¥61 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥385 Mil.

Zhejiang Tony Electronic Co Research & Development Historical Data

The historical data trend for Zhejiang Tony Electronic 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 Tony Electronic Co Research & Development Chart

Zhejiang Tony Electronic Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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45.49

72.27

97.46

134.69

360.27

Zhejiang Tony Electronic 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															36.06	89.89	89.81	144.52	61.28

Zhejiang Tony Electronic 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 ¥385 Mil.

Zhejiang Tony Electronic Co (SHSE:603595) 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 Tony Electronic Co Research & Development Related Terms

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Zhejiang Tony Electronic Co (SHSE:603595) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Tony Electronic Co Ltd (SHSE:603595) » Definitions » Research & Development

Traded in Other Exchanges

N/A

Address

China Town Road No.88, Wuzhou District, Zhejiang Province, Huzhou City, CHN, 313008

Website

http://www.tony-tech.com

Zhejiang Tony Electronic Co Ltd is engaged in the research, manufacturing, and marketing of ultra-fine alloy wire and other metal matrix composite. The major products are ultra-fine conductors and laminating wires. Its ultra-fine conductors and laminating wires are widely applied in electronic, new energy automobile, medical apparatus, and intelligent robot fields; and diamond cutting lines are mainly used in the cutting of hard and brittle materials such as silicon and sapphire.

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