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HSHCY (Haier Smart Home Co) Research & Development : $1,493 Mil (TTM As of Dec. 2024)


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What is Haier Smart Home Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Haier Smart Home Co's Research & Development for the three months ended in Dec. 2024 was $358 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2024 was $1,493 Mil.

Haier Smart Home Co Research & Development Historical Data

The historical data trend for Haier Smart Home 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.

Haier Smart Home Co Research & Development Chart

Haier Smart Home Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,047.95 1,313.15 1,363.71 1,453.77 1,475.15

Haier Smart Home Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 327.02 408.58 295.88 429.79 358.48

Haier Smart Home 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,493 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.

Haier Smart Home Co  (OTCPK:HSHCY) 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.

Haier Smart Home Co Research & Development Related Terms

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Haier Smart Home Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Haier Smart Home Co Ltd (OTCPK:HSHCY) » Definitions » Research & Development
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SZSE:000651 SHSE:605117 SHSE:600839 SZSE:002032 SZSE:000921 SHSE:603833 SHSE:603486 SZSE:002508 SHSE:603816 SZSE:002572 SZSE:000333 SGI SN TSE:9843 MHK NSE:VOLTAS XPAR:SK LSE:HWDN TPE:2059 MIL:DLG
Traded in Other Exchanges
HRSHF:USA QIHCF:USA 06690:Hong Kong HAI0:Germany 690E:Germany 690D:Germany 690D:Germany 690D:Germany 600690:China
Address
Haier Industrial Park, Laoshan District, Shandong Province, Qingdao, CHN, 266101
Website
https://smart-home.haier.com/cn
Haier Smart Home is one of the largest household appliance manufacturers globally, with key products spanning refrigerators, washing machines, kitchen appliances, air conditioners, and water solutions. It has been consistently among the top three in China by retail sales in most home appliance categories. The company has also established a footprint in distribution channel services and commercial refrigeration business. Haier generates around 50% of sales outside China. As of December 2023, Haier Group and its subsidiaries are the largest shareholders of Haier Smart Home with around 29% equity interest in aggregate.