Hangzhou First Applied Material Co (SHSE:603806) Research & Development : ¥792 Mil (TTM As of Dec. 2023)

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What is Hangzhou First Applied Material Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Hangzhou First Applied Material Co's Research & Development for the three months ended in Dec. 2023 was ¥277 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was ¥792 Mil.

Hangzhou First Applied Material Co Research & Development Historical Data

The historical data trend for Hangzhou First Applied Material 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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Hangzhou First Applied Material Co Research & Development Chart

Hangzhou First Applied Material Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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202.88

309.08

453.59

644.80

792.03

Hangzhou First Applied Material Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Research & Development	Get a 7-Day Free Trial															182.04	166.73	175.88	172.15	277.26

Hangzhou First Applied Material 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥792 Mil.

Hangzhou First Applied Material Co (SHSE:603806) 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.

Hangzhou First Applied Material Co Research & Development Related Terms

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Hangzhou First Applied Material Co (SHSE:603806) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Hangzhou First Applied Material Co Ltd (SHSE:603806) » Definitions » Research & Development

Traded in Other Exchanges

N/A

Address

8 Fusite Street Lin'an, Hangzhou, CHN, 311300

Website

http://www.firstpvm.com

Hangzhou First Applied Material Co Ltd is a China-based company engages in the development, manufacturing and selling EVA solar cell film, polyamide hot-melt adhesive film, and solar battery panel. The company offers encapsulant EVA films, polyolefin films, and back sheet materials for PV modules; dry film photoresists and flexible copper clad laminates; aluminum laminated films; silicone encapsulant for LED; and co-polyamide hot melt web, a double-sided adhesive non-woven fabric used in the bonding of fabric, leather, metal, plastic, microfiber, non-woven fabric, wood, paper, and other materials.

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