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Elegant Home-tech Co (SHSE:603221) Research & Development : ¥35 Mil (TTM As of Jun. 2024)


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What is Elegant Home-tech Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Elegant Home-tech Co's Research & Development for the three months ended in Jun. 2024 was ¥6 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2024 was ¥35 Mil.


Elegant Home-tech Co Research & Development Historical Data

The historical data trend for Elegant Home-tech 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.

Elegant Home-tech Co Research & Development Chart

Elegant Home-tech Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial Premium Member Only 12.67 28.27 29.61 25.02 32.99

Elegant Home-tech Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 5.92 8.62 12.31 8.44 5.88

Elegant Home-tech 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥35 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.


Elegant Home-tech Co  (SHSE:603221) 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.


Elegant Home-tech Co Research & Development Related Terms

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Elegant Home-tech Co Business Description

Traded in Other Exchanges
N/A
Address
Hexing Street,Jinfeng Town, Jiangsu, Zhangjiagang, CHN, 215616
Elegant Home-tech Co Ltd formerly known as Zhangjiagang Elegant Home-Tech Co Ltd is a manufacturer of Vinyl Floor Tiles in China. The company has both residential and commercial collections with more than 1,000 patterns for customer characterized by the look and feel of natural wood, stone, ceramic & carpet. Its products range includes Vinyl planks in wooden designs, Vinyl planks In-registered, Vinyl tiles in stone, marble, granite designs, Vinyl tiles in Carpet design, and Anti slip & Solid color Vinyl tiles.
Executives
Yang Wen Hai Supervisors

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