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Hangcha Group Co (SHSE:603298) Research & Development : ¥763 Mil (TTM As of Mar. 2024)


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What is Hangcha Group Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Hangcha Group Co's Research & Development for the three months ended in Mar. 2024 was ¥203 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥763 Mil.


Hangcha Group Co Research & Development Historical Data

The historical data trend for Hangcha Group 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.

Hangcha Group Co Research & Development Chart

Hangcha Group 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 358.71 537.50 601.93 657.80 730.83

Hangcha Group 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 171.20 174.63 190.81 194.19 203.47

Hangcha Group 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 ¥763 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.


Hangcha Group Co  (SHSE:603298) 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.


Hangcha Group Co Research & Development Related Terms

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Hangcha Group Co (SHSE:603298) Business Description

Traded in Other Exchanges
N/A
Address
666 Xiangfu Road, Qingshan Lake Science and Technology City, Zhejiang, Hangzhou, CHN, 311305
Hangcha Group Co Ltd is engaged in manufacturing of forklift truck. Its products include IC forklift truck, Electric forklift truck, warehouse equipment, tow tractors, side loading forklifts, explosion proof forklifts, empty container handlers and among others.
Executives
Jin Zhi Hao senior management
Zhou Su Hua senior management
Chen Sai Min senior management
Zhao Li Min Director
Chen Yuan Yuan Supervisors
Li Yuan Song senior management
Chen Wei Qiang senior management
Ren Hai Hua senior management

Hangcha Group Co (SHSE:603298) Headlines

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