GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Sobute New Materials Co Ltd (SHSE:603916) » Definitions » Research & Development

Sobute New Materials Co (SHSE:603916) Research & Development : ¥220 Mil (TTM As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Sobute New Materials Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Sobute New Materials Co's Research & Development for the three months ended in Mar. 2024 was ¥38 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥220 Mil.


Sobute New Materials Co Research & Development Historical Data

The historical data trend for Sobute New Materials 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.

Sobute New Materials Co Research & Development Chart

Sobute New Materials 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 171.06 175.91 219.59 205.74 216.71

Sobute New Materials 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 35.24 45.94 42.60 92.94 38.09

Sobute New Materials 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 ¥220 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.


Sobute New Materials Co  (SHSE:603916) 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.


Sobute New Materials Co Research & Development Related Terms

Thank you for viewing the detailed overview of Sobute New Materials Co's Research & Development provided by GuruFocus.com. Please click on the following links to see related term pages.


Sobute New Materials Co (SHSE:603916) Business Description

Traded in Other Exchanges
N/A
Address
Chun Street Liquan Road 118, Jiangning District, Nanjing, CHN, 211100
Sobute New Materials Co Ltd is a civil engineering material supplier. It is engaged in the research and development, production and sales of concrete admixtures. The company's products include Cement and concrete admixtures; Grouting material; Road construction material; and Building fiber.
Executives
Mou Chang Wen Director
Hong Jin Xiang senior management
Mao Liang Xi Directors, senior managers
Xu Yue senior management
Zhang Yong senior management
Zhang Yue Xing Supervisors
Zhang Jian Xiong Director
Liu Jia Ping Director
Chen Jian Hua Director

Sobute New Materials Co (SHSE:603916) Headlines

No Headlines