Hyundai Mobis Co (XKRX:012330) Research & Development : ₩1,592,483 Mil (TTM As of Dec. 2023)

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What is Hyundai Mobis Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Hyundai Mobis Co's Research & Development for the three months ended in Dec. 2023 was ₩480,186 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was ₩1,592,483 Mil.

Hyundai Mobis Co Research & Development Historical Data

The historical data trend for Hyundai Mobis 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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Hyundai Mobis Co Research & Development Chart

Hyundai Mobis Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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965,360.00

1,012,183.00

1,167,418.00

1,370,854.00

1,592,483.00

Hyundai Mobis 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															389,581.00	349,233.00	376,994.00	386,070.00	480,186.00

Hyundai Mobis 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 ₩1,592,483 Mil.

Hyundai Mobis Co (XKRX:012330) 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.

Hyundai Mobis Co Research & Development Related Terms

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Hyundai Mobis Co (XKRX:012330) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hyundai Mobis Co Ltd (XKRX:012330) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

N/A

Address

203, Teheran-ro, Gangnam-gu, Seoul, KOR, 06141

Website

http://www.mobis.co.kr

Hyundai Mobis is an automotive parts manufacturer. Its business segments are: automobile modules, major automobile parts, aftersales parts, and accessories. The automobiles modules division manufactures and supplies chassis modules, cockpit modules, and front-end modules. The major automobile parts segment offers safety systems, braking systems, steering systems, lamp systems, air suspension systems, audio systems, and AV Navigation systems. The aftersales parts segment streamlines logistics hubs and establishes high-tech distribution systems.

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