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Mengtian Home Group (SHSE:603216) Research & Development : ¥60 Mil (TTM As of Mar. 2024)


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What is Mengtian Home Group Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Mengtian Home Group's Research & Development for the three months ended in Mar. 2024 was ¥10 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥60 Mil.


Mengtian Home Group Research & Development Historical Data

The historical data trend for Mengtian Home Group'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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Mengtian Home Group Research & Development Chart

Mengtian Home Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial 62.28 63.12 69.65 61.87 59.31

Mengtian Home Group Quarterly Data
Dec17 Dec18 Dec19 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 9.37 11.80 17.28 20.86 9.68

Mengtian Home Group 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 ¥60 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.


Mengtian Home Group  (SHSE:603216) 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.


Mengtian Home Group Research & Development Related Terms

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Mengtian Home Group (SHSE:603216) Business Description

Traded in Other Exchanges
N/A
Address
No. 88 Changjiang Road, Huimin Street, Jiashan County, Zhejiang Province, Jiaxing, CHN, 314100
Mengtian Home Group Inc is engaged in the design, development, production and sales of customized wooden furniture such as wooden doors, wall panels and cabinets.

Mengtian Home Group (SHSE:603216) Headlines

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