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Changchun FAWAY Automobile Components Co (SHSE:600742) Research & Development : ¥591 Mil (TTM As of Mar. 2024)


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What is Changchun FAWAY Automobile Components Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Changchun FAWAY Automobile Components Co's Research & Development for the three months ended in Mar. 2024 was ¥169 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥591 Mil.


Changchun FAWAY Automobile Components Co Research & Development Historical Data

The historical data trend for Changchun FAWAY Automobile Components 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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Changchun FAWAY Automobile Components Co Research & Development Chart

Changchun FAWAY Automobile Components 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 201.77 284.04 349.66 390.53 521.58

Changchun FAWAY Automobile Components 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 99.85 150.59 116.81 154.33 168.85

Changchun FAWAY Automobile Components 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 ¥591 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.


Changchun FAWAY Automobile Components Co  (SHSE:600742) 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.


Changchun FAWAY Automobile Components Co Research & Development Related Terms

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Changchun FAWAY Automobile Components Co (SHSE:600742) Business Description

Traded in Other Exchanges
N/A
Address
No. 1399, Dongfeng South Street, Automobile Industry Development Zone, Jilin Province, Changchun, CHN, 130011
Changchun FAWAY Automobile Components Co Ltd is a China-based company principally engaged in the manufacture and sale of automobile spare parts in China. Its business scope includes products like car seats, instrument panels, door panels, seat frames, bumpers, grilles, rearview mirrors, automotive filters, automotive lighting, automotive stamping products, wheel assemblies, automotive electronics and other automotive components.

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