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Ningbo Energy Group Co (SHSE:600982) Research & Development : ¥39 Mil (TTM As of Mar. 2024)


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What is Ningbo Energy Group Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Ningbo Energy Group Co's Research & Development for the three months ended in Mar. 2024 was ¥9 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥39 Mil.


Ningbo Energy Group Co Research & Development Historical Data

The historical data trend for Ningbo Energy Group 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.

Ningbo Energy Group Co Research & Development Chart

Ningbo Energy Group 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 - 3.28 32.65 39.12 40.09

Ningbo Energy Group 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 9.73 16.47 8.26 5.64 8.59

Ningbo Energy Group 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 ¥39 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.


Ningbo Energy Group Co  (SHSE:600982) 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 Energy Group Co Research & Development Related Terms

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Ningbo Energy Group Co (SHSE:600982) Business Description

Traded in Other Exchanges
N/A
Address
Ningbo Economic and Technological Development Zone, Dagang Industrial City, Zhejiang Province, Ningbo, CHN, 315042
Ningbo Energy Group Co Ltd is a China-based electricity producer. The company is engaged in the generation and distribution of electricity, heat, and ash. Its main business is cogeneration. The company conducts its business mainly in Beilun Chunxiao area and part of the heating area of Beilun City, Jinhua Jinxi Development Zone, and Yujiao Huangjiatun Town.

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