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Guangdong Hongxing Industrial Co (SZSE:001209) Research & Development : ¥29 Mil (TTM As of Mar. 2024)


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What is Guangdong Hongxing Industrial Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Guangdong Hongxing Industrial Co's Research & Development for the three months ended in Mar. 2024 was ¥5 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥29 Mil.


Guangdong Hongxing Industrial Co Research & Development Historical Data

The historical data trend for Guangdong Hongxing Industrial 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.

Guangdong Hongxing Industrial Co Research & Development Chart

Guangdong Hongxing Industrial Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial 26.94 26.25 32.31 31.85 29.74

Guangdong Hongxing Industrial Co Quarterly Data
Dec17 Dec18 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 5.92 6.83 7.32 9.68 5.21

Guangdong Hongxing Industrial 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 ¥29 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.


Guangdong Hongxing Industrial Co  (SZSE:001209) 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.


Guangdong Hongxing Industrial Co Research & Development Related Terms

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Guangdong Hongxing Industrial Co (SZSE:001209) Business Description

Traded in Other Exchanges
N/A
Address
East of Village Road, Xiashan Yangnei Village, Guangdong Province Hongxing Industrial Zone, Chaonan District, Shantou, CHN, 515144
Guangdong Hongxing Industrial Co Ltd is engaged in the research and development, production and sales of home apparel products. It provides consumers with apparel products through physical, platform e-commerce and social e-commerce channels.

Guangdong Hongxing Industrial Co (SZSE:001209) Headlines

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