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Nanjing CIGU Technology (SHSE:688448) Research & Development : ¥41.3 Mil (TTM As of Mar. 2024)


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What is Nanjing CIGU Technology Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Nanjing CIGU Technology's Research & Development for the three months ended in Mar. 2024 was ¥10.9 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥41.3 Mil.

Nanjing CIGU Technology Research & Development Historical Data

The historical data trend for Nanjing CIGU Technology'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.

Nanjing CIGU Technology Research & Development Chart

Nanjing CIGU Technology Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial 15.19 19.78 24.23 34.85 40.33

Nanjing CIGU Technology Quarterly Data
Dec18 Dec19 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 9.97 10.38 9.23 10.75 10.90

Nanjing CIGU Technology 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 ¥41.3 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.

Nanjing CIGU Technology  (SHSE:688448) 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.

Nanjing CIGU Technology Research & Development Related Terms

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Nanjing CIGU Technology (SHSE:688448) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nanjing CIGU Technology Corp Ltd (SHSE:688448) » Definitions » Research & Development
Comparable Companies
SZSE:002278 SHSE:688218 SZSE:300838 SZSE:300334 SZSE:300912 SZSE:301053 SZSE:301032 SHSE:688501 SHSE:688455 SZSE:300462 GE XTER:SIE XPAR:SU ETN ITW XKRX:373220 OSTO:ATCO A EMR PH AME
Traded in Other Exchanges
N/A
Address
No. 99, Jinxin Middle Road, Jiangsu Province (Jiangning Development Zone), iangning District, Nanjing, CHN, 211000
Website
http://www.cigu.com.cn
Nanjing CIGU Technology Corp Ltd is engaged in the research and development, production and sales of magnetic levitation fluid machinery and magnetic levitation bearings, high-speed motors, high-speed drives and other core components.

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