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Ningbo Boway Alloy Material Co (SHSE:601137) Research & Development : ¥468 Mil (TTM As of Mar. 2024)


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What is Ningbo Boway Alloy Material Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Ningbo Boway Alloy Material Co's Research & Development for the three months ended in Mar. 2024 was ¥104 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥468 Mil.


Ningbo Boway Alloy Material Co Research & Development Historical Data

The historical data trend for Ningbo Boway Alloy Material 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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Ningbo Boway Alloy Material Co Research & Development Chart

Ningbo Boway Alloy Material 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 178.43 207.71 308.79 342.86 443.91

Ningbo Boway Alloy Material 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 80.32 105.67 121.75 136.17 104.09

Ningbo Boway Alloy Material 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 ¥468 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 Boway Alloy Material Co  (SHSE:601137) 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 Boway Alloy Material Co Research & Development Related Terms

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Ningbo Boway Alloy Material Co (SHSE:601137) Business Description

Traded in Other Exchanges
N/A
Address
Number 288 Honggang Road, Yinzhou Economic Development Zone,Yinzhou District, Zhejiang Province, Ningbo, CHN, 314145
Ningbo Boway Alloy Material Co Ltd is engaged in researching, developing, producing and selling non-ferrous alloy materials in China and internationally. It offers environmental, high conductivity, special, bronze, nickel-silver, and brass alloy materials, as well as copper alloys; and high precision copper alloy strips. The company also offers copper-titanium-zirconium- zinc alloy materials; and energy products, such as monocrystalline black components, polycrystalline, and solar modules.

Ningbo Boway Alloy Material Co (SHSE:601137) Headlines

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