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Great Wall Motor Co (FRA:GRV) Research & Development : €1,120 Mil (TTM As of Sep. 2024)


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What is Great Wall Motor Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Great Wall Motor Co's Research & Development for the three months ended in Sep. 2024 was €256 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2024 was €1,120 Mil.

Great Wall Motor Co Research & Development Historical Data

The historical data trend for Great Wall Motor 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.

Great Wall Motor Co Research & Development Chart

Great Wall Motor 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 348.55 385.59 623.82 872.70 1,034.39

Great Wall Motor Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 255.78 327.83 250.34 284.92 256.44

Great Wall Motor 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,120 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.

Great Wall Motor Co  (FRA:GRV) 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.

Great Wall Motor Co Research & Development Related Terms

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Great Wall Motor Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Great Wall Motor Co Ltd (FRA:GRV) » Definitions » Research & Development
Comparable Companies
HKSE:00175 HKSE:09863 HKSE:00489 HKSE:01585 HKSE:01114 HKSE:01958 HKSE:02451 HKSE:01122 HKSE:01148 TSLA TSE:7203 SZSE:002594 MIL:RACE XTER:MBG XTER:P911 XTER:BMW XTER:VOW3 GM NSE:MARUTI TSE:7267
Traded in Other Exchanges
GWLLY:USA GWLLF:USA 02333:Hong Kong 601633:China GRV:Austria
Address
No. 2266 Chaoyang Road South, Hebei Province, Lianchi District, Baoding, CHN, 071000
Website
https://www.gwm.com.cn
Automobile manufacturer Great Wall Motor is China's market leader in the SUV and pickup truck segments. In 2023, the company sold over 715,000 Haval-branded SUVs and 240,000 WEY- and Tank-branded SUVs, making it the largest SUV manufacturer by sales volume for the 14th year. It also sold more than 200,000 pickup trucks, also ranked number one in sales volume for 25 consecutive years. China's domestic market accounts for about 70% of Great Wall's revenue in 2023, with the balance coming from Russia, the Middle East, South Africa, Australia, and Chile, among others.

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