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Orinko Advanced Plastics Co (SHSE:688219) Research & Development : ¥259 Mil (TTM As of Sep. 2024)


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What is Orinko Advanced Plastics Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Orinko Advanced Plastics Co's Research & Development for the three months ended in Sep. 2024 was ¥70 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2024 was ¥259 Mil.


Orinko Advanced Plastics Co Research & Development Historical Data

The historical data trend for Orinko Advanced Plastics 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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Orinko Advanced Plastics Co Research & Development Chart

Orinko Advanced Plastics Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial 168.74 168.85 192.87 210.68 239.96

Orinko Advanced Plastics Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 67.90 71.30 58.55 59.61 69.66

Orinko Advanced Plastics 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥259 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.


Orinko Advanced Plastics Co  (SHSE:688219) 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.


Orinko Advanced Plastics Co Research & Development Related Terms

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Orinko Advanced Plastics Co Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Luhua Road, Baiyan Science and Technology Park, High-tech Zone, Hefei, CHN, 231202
Orinko Advanced Plastics Co Ltd is engaged in the research and development, production and sales of polymer modified materials, and providing customers with high-performance and functional material solutions. The company has a variety of product platforms for polyolefins, polystyrenes, engineering plastics and other categories, with a rich product range, and more than 300 varieties of polymer high-performance and functional products. Its products are widely used in many national pillar industries and emerging industries such as home appliances, automobiles, 5G communications, electronic and electrical, medical, rail transit, home building materials, security and so on.
Executives
Li Rong Qun Director
Wang Can Yao Directors, senior managers

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