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Minth Group (Minth Group) Research & Development : $195 Mil (TTM As of Dec. 2023)


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What is Minth Group Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Minth Group's Research & Development for the six months ended in Dec. 2023 was $109 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was $195 Mil.

Minth Group Research & Development Historical Data

The historical data trend for Minth Group'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.

Minth Group Research & Development Chart

Minth Group 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 93.46 116.86 147.69 168.17 195.60

Minth Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 80.58 75.77 95.40 85.96 109.38

Minth Group 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 semi-annually data reported by the company within the most recent 12 months, which was $195 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.

Minth Group  (OTCPK:MNTHF) 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.

Minth Group Research & Development Related Terms

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Minth Group (Minth Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Minth Group Ltd (OTCPK:MNTHF) » Definitions » Research & Development
Comparable Companies
HKSE:01274 HKSE:09690 HKSE:00179 HKSE:01316 HKSE:00819 HKSE:01809 HKSE:06830 HKSE:01571 HKSE:01899 HKSE:00360 TSE:6902 TSE:5108 XPAR:ML APTV MBLY GPC SHSE:600660 XKRX:012330 XTER:CON TSX:MG
Traded in Other Exchanges
MNTHY:USA 00425:Hong Kong M3I:Germany
Address
No. 1 Yazhong Road, Nanhu District, Zhejiang Province, Jiaxing, CHN, 314006
Website
http://www.minthgroup.com
Minth Group Ltd is an investment holding company with its subsidiaries engaged in the design, manufacturing, processing, developing, and sales of automobile body parts and moulds for passenger cars. It operates in five segments: Aluminium, Plastic, Battery housing, Metal & Trim, and Others. Some of its products consist of trims, decorative parts, body-structural parts, seat frame systems, roof racks, and others. Its geographical operations are located in the PRC, the United States of America (the USA), Japan, Thailand, Germany, Serbia, and Mexico.

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