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Ningbo Orient Wires & Cables Co (SHSE:603606) Research & Development : ¥270 Mil (TTM As of Dec. 2023)


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What is Ningbo Orient Wires & Cables Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Ningbo Orient Wires & Cables Co's Research & Development for the three months ended in Dec. 2023 was ¥79 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was ¥270 Mil.


Ningbo Orient Wires & Cables Co Research & Development Historical Data

The historical data trend for Ningbo Orient Wires & Cables 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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Ningbo Orient Wires & Cables Co Research & Development Chart

Ningbo Orient Wires & Cables 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 128.10 187.37 266.48 237.89 269.88

Ningbo Orient Wires & Cables Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 48.86 47.77 79.79 63.58 78.74

Ningbo Orient Wires & Cables 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥270 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.


Ningbo Orient Wires & Cables Co  (SHSE:603606) 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.


Ningbo Orient Wires & Cables Co Research & Development Related Terms

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Ningbo Orient Wires & Cables Co (SHSE:603606) Business Description

Traded in Other Exchanges
N/A
Address
968 East JiangNan Road, Beilun District, Zhejiang, Ningbo, CHN
Ningbo Orient Wires & Cables Co Ltd is a China-based fiber optic cable manufacturing company. The company is a provider in design, manufacture, install, and service of land cables and subsea cables. Its products are mainly used by the energy companies and subsea service providers. Its subsea cables products include AC subsea power cables, DC subsea power cables, Subsea Equipment Umbilical, Subsea dynamic cables used in a submarine. Its power cable offerings include D.C Power Cable, LV Power Cable(1kV), MV Power Cable(6-35kV), HV Power Cable(110kV), among others.

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