Suzhou Iron Technology Co (SHSE:688329) Research & Development : ¥58.1 Mil (TTM As of Mar. 2024)

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What is Suzhou Iron Technology Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Suzhou Iron Technology Co's Research & Development for the three months ended in Mar. 2024 was ¥13.2 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥58.1 Mil.

Suzhou Iron Technology Co Research & Development Historical Data

The historical data trend for Suzhou Iron Technology 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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Suzhou Iron Technology Co Research & Development Chart

Suzhou Iron Technology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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23.25

32.24

39.61

45.14

55.20

Suzhou Iron Technology Co Quarterly Data
	Mar19	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															10.26	13.50	12.14	19.30	13.20

Suzhou Iron Technology 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 ¥58.1 Mil.

Suzhou Iron Technology Co (SHSE:688329) 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.

Suzhou Iron Technology Co Research & Development Related Terms

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Suzhou Iron Technology Co (SHSE:688329) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Suzhou Iron Technology Co Ltd (SHSE:688329) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 27, Xinfa Road, Suzhou Industrial Park, Suzhou Area, Jiangsu Pilot Free Trade Zone, Suzhou, CHN, 215002

Website

http://www.iron-tech.cn

Suzhou Iron Technology Co Ltd provide overall solutions for the intelligent management of medical supplies for medical service institutions at all levels. The products mainly include coverage Intelligent management equipment and software information platform for medical supplies in three sectors namely smart pharmacy, smart ward, and smart logistics.

Executives

Li Zhao	senior management
Dong Qiu Ming	Supervisors

Suzhou Iron Technology Co (SHSE:688329) Headlines

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