Ningbo Joyson Electronic (SHSE:600699) Research & Development : ¥2,568 Mil (TTM As of Mar. 2024)

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What is Ningbo Joyson Electronic Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Ningbo Joyson Electronic's Research & Development for the three months ended in Mar. 2024 was ¥605 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥2,568 Mil.

Ningbo Joyson Electronic Research & Development Historical Data

The historical data trend for Ningbo Joyson Electronic'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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Ningbo Joyson Electronic Research & Development Chart

Ningbo Joyson Electronic Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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2,610.10

2,301.21

2,346.68

2,138.85

2,541.50

Ningbo Joyson Electronic 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															578.12	545.83	619.95	797.59	604.88

Ningbo Joyson Electronic 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 ¥2,568 Mil.

Ningbo Joyson Electronic (SHSE:600699) 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.

Ningbo Joyson Electronic Research & Development Related Terms

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Ningbo Joyson Electronic (SHSE:600699) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ningbo Joyson Electronic Corp (SHSE:600699) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1266 Road, Zhejiang Province, High-tech Zone, Ningbo, CHN, 136200

Website

http://www.joyson.cn

Ningbo Joyson Electronic Corp is an automotive supplier. Some of the products that the company caters to the global automotive industry are - Driver controls, Climate control, Sensor systems, Electronic control units, Car connect, Active safety, Passive safety, Air Intake systems, Washer systems, Air management systems, Mirror systems, Front griller, Fuel tank door, and Steering wheel.

Executives

Wang Jian Feng	Director
Zhou Gui Tian	Supervisors
Liu Guang Quan	Supervisors
Jian Shi Hui Fu Zhu Xi	Supervisors

Ningbo Joyson Electronic (SHSE:600699) Headlines

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