GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Guangdong Kitech New Material Holding Co Ltd (SZSE:300995) » Definitions » Research & Development

Guangdong Kitech New Material Holding Co (SZSE:300995) Research & Development : ¥16.8 Mil (TTM As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Guangdong Kitech New Material Holding Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Guangdong Kitech New Material Holding Co's Research & Development for the three months ended in Dec. 2023 was ¥6.8 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was ¥16.8 Mil.


Guangdong Kitech New Material Holding Co Research & Development Historical Data

The historical data trend for Guangdong Kitech New Material Holding 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 Kitech New Material Holding Co Research & Development Chart

Guangdong Kitech New Material Holding Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial 14.35 17.15 15.44 16.02 16.80

Guangdong Kitech New Material Holding Co Quarterly Data
Dec17 Dec18 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 6.07 2.96 3.57 3.50 6.78

Guangdong Kitech New Material Holding 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 ¥16.8 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 Kitech New Material Holding Co  (SZSE:300995) 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 Kitech New Material Holding Co Research & Development Related Terms

Thank you for viewing the detailed overview of Guangdong Kitech New Material Holding Co's Research & Development provided by GuruFocus.com. Please click on the following links to see related term pages.


Guangdong Kitech New Material Holding Co (SZSE:300995) Business Description

Traded in Other Exchanges
N/A
Address
135 Dongsheng Road, Jianghai District, Guangdong Province, Jiangmen, CHN, 529000
Guangdong Kitech New Material Holding Co Ltd research and development, design, production and sales of modified nylon and modified polypropylene based high-performance polymer composite materials and their products, precision injection molds, and related services.

Guangdong Kitech New Material Holding Co (SZSE:300995) Headlines

No Headlines