Beijing Groundsun Technology Co (BJSE:873703) Research & Development : ¥26.4 Mil (TTM As of Jun. 2024)

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What is Beijing Groundsun Technology Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Beijing Groundsun Technology Co's Research & Development for the three months ended in Jun. 2024 was ¥7.1 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2024 was ¥26.4 Mil.

Beijing Groundsun Technology Co Research & Development Historical Data

The historical data trend for Beijing Groundsun Technology 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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Beijing Groundsun Technology Co Research & Development Chart

Beijing Groundsun Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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12.33

14.36

16.74

18.81

23.85

Beijing Groundsun Technology Co Quarterly Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Research & Development	Get a 7-Day Free Trial															7.56	6.39	6.27	6.59	7.14

Beijing Groundsun Technology 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥26.4 Mil.

Beijing Groundsun Technology Co (BJSE:873703) 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.

Beijing Groundsun Technology Co Research & Development Related Terms

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Beijing Groundsun Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Beijing Groundsun Technology Co Ltd (BJSE:873703) » Definitions » Research & Development

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Address

No. 6 Jinxing West Road, Room 702, Xingchuang Building, Daxing District, Beijing, CHN, 102627

Website

http://www.groundsun.com

Beijing Groundsun Technology Co Ltd is a national high-tech enterprise that specialized in heat transfer enhancement technology, equipment R&D, design and sale. Its products include Porous Coated Tube series, GTL-MCP Tube series, High Vacuum Condenser series, Corrugated Tube series, Powder Flow Heat Exchange, and others products as tower, storage vessel, separation vessel and high efficiency heat transfer equipment facilities. It also have a wide range of applications in global oil refining, Petrochemical, Coal Chemical, Soda Ash and other related industries.

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