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Shandong Liancheng Precision Manufacturing Co (SZSE:002921) Research & Development : ¥31 Mil (TTM As of Dec. 2023)


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What is Shandong Liancheng Precision Manufacturing Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Shandong Liancheng Precision Manufacturing Co's Research & Development for the three months ended in Dec. 2023 was ¥10 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was ¥31 Mil.


Shandong Liancheng Precision Manufacturing Co Research & Development Historical Data

The historical data trend for Shandong Liancheng Precision Manufacturing 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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Shandong Liancheng Precision Manufacturing Co Research & Development Chart

Shandong Liancheng Precision Manufacturing Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.13 24.68 27.79 28.74 31.37

Shandong Liancheng Precision Manufacturing 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 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 8.50 7.59 5.91 8.15 9.72

Shandong Liancheng Precision Manufacturing 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 ¥31 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.


Shandong Liancheng Precision Manufacturing Co  (SZSE:002921) 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.


Shandong Liancheng Precision Manufacturing Co Research & Development Related Terms

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Shandong Liancheng Precision Manufacturing Co (SZSE:002921) Business Description

Traded in Other Exchanges
N/A
Address
6 Chuangye Road, Economic Development Zone, Yanzhou, CHN, 272100
Shandong Liancheng Precision Manufacturing Co Ltd is a China-based company, engages in the development, design, production, and sales of precision castings, such as high-strength ductile iron and aluminum alloy castings. Its main products are automobile pump shell, frame, flange, damping wheel/ring, oil pump shell and others. Its products are used in passenger cars, commercial vehicles, diesel engines, construction machinery, commercial compressors, hydraulic machinery and other industries or fields.

Shandong Liancheng Precision Manufacturing Co (SZSE:002921) Headlines

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