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Chengdu Zhonghuan Flow Controls Mfg Co (BJSE:836260) Research & Development : ¥12.2 Mil (TTM As of Mar. 2024)


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What is Chengdu Zhonghuan Flow Controls Mfg Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Chengdu Zhonghuan Flow Controls Mfg Co's Research & Development for the three months ended in Mar. 2024 was ¥2.9 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥12.2 Mil.


Chengdu Zhonghuan Flow Controls Mfg Co Research & Development Historical Data

The historical data trend for Chengdu Zhonghuan Flow Controls Mfg 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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Chengdu Zhonghuan Flow Controls Mfg Co Research & Development Chart

Chengdu Zhonghuan Flow Controls Mfg 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 11.97 13.36 10.47 13.65 12.38

Chengdu Zhonghuan Flow Controls Mfg Co Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 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 3.06 2.77 3.22 3.33 2.88

Chengdu Zhonghuan Flow Controls Mfg 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 ¥12.2 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.


Chengdu Zhonghuan Flow Controls Mfg Co  (BJSE:836260) 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.


Chengdu Zhonghuan Flow Controls Mfg Co Research & Development Related Terms

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Chengdu Zhonghuan Flow Controls Mfg Co (BJSE:836260) Business Description

Traded in Other Exchanges
N/A
Address
No. 2139, Konggang 4th Road, Southwest Airport, Pilot Free Trade Zone, Xihanggang, Shuangliu District, Chengdu, CHN, 610207
Chengdu Zhonghuan Flow Controls Mfg Co Ltd engages in the design, development, production, and sales of valve actuators, wellhead safety control systems, and skid-mounted equipment. It manufactures API 6D valve gas-hydraulic actuators, electro-hydraulic actuators, and pneumatic actuators; API 6A wellhead safety control systems, wellhead safety valve actuators; skids for major conventional oil and gas fields, unconventional oil and gas fields, gas storage depots, and local gas companies Assembly and module manufacturing; control valves and instrumentation.

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