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Baimtec Material Co (SHSE:688563) Research & Development : ¥215 Mil (TTM As of Mar. 2024)


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What is Baimtec Material Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Baimtec Material Co's Research & Development for the three months ended in Mar. 2024 was ¥49 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥215 Mil.

Baimtec Material Co Research & Development Historical Data

The historical data trend for Baimtec Material 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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Baimtec Material Co Research & Development Chart

Baimtec Material Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
85.74 104.30 127.76 187.10 203.89

Baimtec Material Co Quarterly Data
Dec19 Dec20 Mar21 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 38.11 55.75 56.91 53.12 49.33

Baimtec Material 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 ¥215 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.

Baimtec Material Co  (SHSE:688563) 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.

Baimtec Material Co Research & Development Related Terms

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Baimtec Material Co (SHSE:688563) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Baimtec Material Co Ltd (SHSE:688563) » Definitions » Research & Development
Comparable Companies
SZSE:000738 SHSE:600879 SHSE:688297 SHSE:601866 SHSE:600118 SHSE:600685 SHSE:600038 SZSE:002389 SHSE:688281 SZSE:300045 RTX BA LMT XPAR:AIR NOC GD XPAR:SAF TDG LSE:BA. LHX
Traded in Other Exchanges
N/A
Address
No. 5 Yongxiang North Road, Yongfeng High-tech Industrial Base, Haidian, Beijing, CHN, 100094
Website
http://www.baimtec.com.cn
Baimtec Material Co Ltd is committed to the research, development, manufacture and sales of a series of high-tech products based on aviation new materials, new processes and new technologies. The company's main products cover titanium alloy precision castings, high-temperature alloy master alloys, aircraft windshields, hatch covers, transparent parts and components of observation windows, aerospace rubber, sealants, adhesives, elastic components, etc. in the aerospace and other fields.
Executives
Wu Song Hua Core technical personnel

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