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Liaoning Fu-An Heavy Industry Co (SHSE:603315) Research & Development : ¥34 Mil (TTM As of Mar. 2024)


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What is Liaoning Fu-An Heavy Industry Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Liaoning Fu-An Heavy Industry Co's Research & Development for the three months ended in Mar. 2024 was ¥16 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥34 Mil.


Liaoning Fu-An Heavy Industry Co Research & Development Historical Data

The historical data trend for Liaoning Fu-An Heavy Industry 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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Liaoning Fu-An Heavy Industry Co Research & Development Chart

Liaoning Fu-An Heavy Industry 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 29.21 21.75 26.23 26.27 24.39

Liaoning Fu-An Heavy Industry 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 5.77 7.24 10.27 1.11 15.84

Liaoning Fu-An Heavy Industry 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 ¥34 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.


Liaoning Fu-An Heavy Industry Co  (SHSE:603315) 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.


Liaoning Fu-An Heavy Industry Co Research & Development Related Terms

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Liaoning Fu-An Heavy Industry Co (SHSE:603315) Business Description

Traded in Other Exchanges
N/A
Address
No.8, Anzheng Road, Qianshan District, Anshan, CHN, 114016
Liaoning Fu-An Heavy Industry Co Ltd is engaged in the manufacturing of heavy steel castings products. According to the use, its products can be divided into thermal power equipment Castings, hydroelectric equipment castings, other power generation equipment castings and other castings. The main thermal power products include high/medium pressure internal and external cylinders; Valve body/cylinder. Hydropower products include upper crown, lower ring, runner body, Thrust heads, blades, ball valve bodies. Rail transit products include internal combustion engine bogies.

Liaoning Fu-An Heavy Industry Co (SHSE:603315) Headlines

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