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Sino-platinum Metals Co (SHSE:600459) Research & Development : ¥362 Mil (TTM As of Mar. 2024)


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What is Sino-platinum Metals Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Sino-platinum Metals Co's Research & Development for the three months ended in Mar. 2024 was ¥57 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥362 Mil.

Sino-platinum Metals Co Research & Development Historical Data

The historical data trend for Sino-platinum Metals 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.

Sino-platinum Metals Co Research & Development Chart

Sino-platinum Metals Co 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 155.24 182.83 246.27 302.96 339.62

Sino-platinum Metals 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 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 34.84 61.96 58.26 184.56 57.47

Sino-platinum Metals 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 ¥362 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.

Sino-platinum Metals Co  (SHSE:600459) 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.

Sino-platinum Metals Co Research & Development Related Terms

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Sino-platinum Metals Co (SHSE:600459) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sino-platinum Metals Co Ltd (SHSE:600459) » Definitions » Research & Development
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Traded in Other Exchanges
N/A
Address
No. 988 Keji Road, New and High-Technology Development Zone, Kunming, Yunnan, CHN, 650106
Website
http://www.sino-platinum.com.cn
Sino-platinum Metals Co Ltd is a China-based company engaged in the precious metals materials. Its product includes precious metal pipe, precious metal strip, platinum, precious metal composite, resistance paste, flake silver powder, precious metal compound, platinum wire, relay connector, gas sensor, pure gold, palladium ingot.

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