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Chongqing Wangbian Electric (Group)Corp (SHSE:603191) Research & Development : ¥38 Mil (TTM As of Sep. 2024)


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What is Chongqing Wangbian Electric (Group)Corp Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Chongqing Wangbian Electric (Group)Corp's Research & Development for the three months ended in Sep. 2024 was ¥12 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2024 was ¥38 Mil.


Chongqing Wangbian Electric (Group)Corp Research & Development Historical Data

The historical data trend for Chongqing Wangbian Electric (Group)Corp'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.

Chongqing Wangbian Electric (Group)Corp Research & Development Chart

Chongqing Wangbian Electric (Group)Corp Annual Data
Trend Dec13 Dec14 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial 16.27 18.06 18.56 27.70 29.25

Chongqing Wangbian Electric (Group)Corp Quarterly Data
Mar18 Dec18 Mar19 Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 5.26 6.17 7.60 13.01 11.59

Chongqing Wangbian Electric (Group)Corp Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥38 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.


Chongqing Wangbian Electric (Group)Corp  (SHSE:603191) 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.


Chongqing Wangbian Electric (Group)Corp Research & Development Related Terms

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Chongqing Wangbian Electric (Group)Corp Business Description

Traded in Other Exchanges
N/A
Address
No. 10, Qixin East Road, Yanjia Street, Changshou District, Chongqing, CHN, 401220
Chongqing Wangbian Electric (Group)Corp Ltd is engaged in the research and development, production and sales of power transmission and distribution and control equipment and grain-oriented silicon steel.
Executives
Li Dai Ping Directors, senior managers

Chongqing Wangbian Electric (Group)Corp Headlines

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