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Proxene Tools Co (ROCO:6904) Research & Development : NT$10.1 Mil (TTM As of Mar. 2024)


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What is Proxene Tools Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Proxene Tools Co's Research & Development for the three months ended in Mar. 2024 was NT$2.5 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was NT$10.1 Mil.


Proxene Tools Co Research & Development Historical Data

The historical data trend for Proxene Tools 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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Proxene Tools Co Research & Development Chart

Proxene Tools Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
25.40 15.30 27.46 31.37 10.16

Proxene Tools Co Quarterly Data
Dec19 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.58 2.45 2.52 2.62 2.54

Proxene Tools 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$10.1 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.


Proxene Tools Co  (ROCO:6904) 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.


Proxene Tools Co Research & Development Related Terms

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Proxene Tools Co (ROCO:6904) Business Description

Traded in Other Exchanges
N/A
Address
No. 35, Alley 28, Lane 360, Zhongshan Road, Shengang District, Taichung City, TWN, 42947
Proxene Tools Co Ltd engages in the manufacturing and exporting of adjustable angle wrenches in Taiwan. It offers industrial hand tools manufacturing adjustable wrench hand tools, wrenches, Industrial Video Borescope, Diagnostic equipment, and Car care products.

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