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Gem-Year Industrial Co (SHSE:601002) Research & Development : ¥112 Mil (TTM As of Mar. 2024)


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What is Gem-Year Industrial Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Gem-Year Industrial Co's Research & Development for the three months ended in Mar. 2024 was ¥16 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥112 Mil.

Gem-Year Industrial Co Research & Development Historical Data

The historical data trend for Gem-Year Industrial 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.

Gem-Year Industrial Co Research & Development Chart

Gem-Year Industrial 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 112.78 121.66 124.61 126.71 113.08

Gem-Year Industrial 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 17.14 27.86 36.01 32.07 15.88

Gem-Year Industrial 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 ¥112 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.

Gem-Year Industrial Co  (SHSE:601002) 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.

Gem-Year Industrial Co Research & Development Related Terms

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Gem-Year Industrial Co (SHSE:601002) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Gem-Year Industrial Co Ltd (SHSE:601002) » Definitions » Research & Development
Comparable Companies
SHSE:688308 SZSE:301005 SZSE:002282 SZSE:300011 SZSE:002823 SHSE:688059 SHSE:688257 SZSE:300179 SHSE:605389 SZSE:001379 HKSE:00669 SNA SWK LECO OSTO:SKF B TTC TSE:6586 RBC TKR XSWX:SFSN
Traded in Other Exchanges
N/A
Address
No. 8 Jinyi Avenue, Economic Development Zone, Jiashan, Zhejiang, Jiaxing, CHN, 314100
Website
http://www.gem-year.com
Gem-Year Industrial Co Ltd operates as a fastener manufacturer in China. Its products include bolts, nuts, screws, drawn air and fasteners. master toolset, tools storage, sockets, wrench and cutting tools.

Gem-Year Industrial Co (SHSE:601002) Headlines

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