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IOVTEC Co (ROCO:7583) Research & Development : NT$6 Mil (TTM As of Jun. 2024)


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What is IOVTEC Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. IOVTEC Co's Research & Development for the six months ended in Jun. 2024 was NT$3 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2024 was NT$6 Mil.

IOVTEC Co Research & Development Historical Data

The historical data trend for IOVTEC 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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IOVTEC Co Research & Development Chart

IOVTEC Co Annual Data
Trend Dec21 Dec22 Dec23
Research & Development
12.76 5.80 8.62

IOVTEC Co Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Research & Development Get a 7-Day Free Trial 2.42 3.39 5.10 3.52 2.90

IOVTEC 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was NT$6 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.

IOVTEC Co  (ROCO:7583) 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.

IOVTEC Co Research & Development Related Terms

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IOVTEC Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » IOVTEC Co Ltd (ROCO:7583) » Definitions » Research & Development
Comparable Companies
ROCO:6750 TPE:3018 TPE:7631 ROCO:7590 TPE:3052 ROCO:5548 ROCO:6179 ROCO:4550 ROCO:5547 ROCO:5516 XPAR:DG NSE:LT PWR SHSE:601668 TSX:WSP SHSE:601390 HKSE:01800 EME XPAR:EN J
Traded in Other Exchanges
N/A
Address
No. 89, Section 5, Nanjing East Road, 9th Floor, Songshan District, Taipei, TWN, 105409
Website
https://www.iog-tw.com
IOVTEC Co Ltd formerly International Ocean Vessel Technical Consuitant Co Ltd is a Taiwan based company operating offering integrated services across multiple sectors. It is a local survey company that steps into the offshore wind market in Taiwan to provide integrated offshore wind services for the country's landmark projects. The company provides the services in following areas such as Marine services and Land services. Marine services include Site Appraisal and Concept Design, Foundation Design and UXO Risk Mitigation. Land services include Track Twin, Vegetation Control and Site characterization.

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