Value Valves Co (ROCO:4580) Research & Development : NT$25 Mil (TTM As of Mar. 2024)

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What is Value Valves Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Value Valves Co's Research & Development for the three months ended in Mar. 2024 was NT$6 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was NT$25 Mil.

Value Valves Co Research & Development Historical Data

The historical data trend for Value Valves 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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Value Valves Co Research & Development Chart

Value Valves Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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23.61

23.55

20.89

31.97

24.24

Value Valves Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Research & Development	Get a 7-Day Free Trial															5.76	6.54	6.01	5.93	6.39

Value Valves 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 NT$25 Mil.

Value Valves Co (ROCO:4580) 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.

Value Valves Co Research & Development Related Terms

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Value Valves Co (ROCO:4580) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Value Valves Co Ltd (ROCO:4580) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Chung-Shan Road, Tu-Chung Industrial District, New Taipei City, TWN, 236

Website

http://www.valuevalves.com

Value Valves Co Ltd is a Taiwan based company engaged in the development, design, manufacture, inspection and marketing of a different variety of valves. Its product offerings include butterfly valves, check valves, damper valves, ball valves, globe valves, gate valves, gear box control, pneumatic control, hydraulic control, electric control and customized valves. The company exports its products to the United States, Japan, Europe, Oceania and other advanced industrial and regions. Its products are widely used in petroleum and petrochemical products, steel, shipbuilding, energy. water treatment, paper, air-conditioning, electronic and other industrial fields.

Value Valves Co (ROCO:4580) Headlines

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