SNI (Shenni Holdings) Research & Development: $0.61 Mil (TTM As of Sep. 2024)

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What is Shenni Holdings Research & Development?

Shenni Holdings SNI Research & Development is $0.61 Mil as of Sep. 2024.

Research & Development is the aggregate amount of research and development expenses during the year. Shenni Holdings's Research & Development for the six months ended in Sep. 2024 was $0.50 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2024 was $0.61 Mil.

Shenni Holdings  (NAS:SNI) 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.

Shenni Holdings Research & Development Related Terms

Shenni Holdings Research & Development Historical Data

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The historical data trend for Shenni Holdings'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.

Shenni Holdings Research & Development Chart

Shenni Holdings Annual Data
Trend Mar23 Mar24
Research & Development
0.16 0.17

Shenni Holdings Semi-Annual Data
Mar23 Sep23 Mar24 Sep24
Research & Development 0.00 0.07 0.10 0.50

Shenni Holdings 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 semi-annually data reported by the company within the most recent 12 months, which was $0.61 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of $0.61 Mil mean?
Shenni Holdings (SNI) has a Research & Development of $0.61 Mil as of Sep. 2024. Research and development expense is the total cost for research and development activities. View historical data on Shenni Holdings and its competitors.
Is Shenni Holdings' Research & Development too high?
Shenni Holdings' current Research & Development is $0.61 Mil.
How does Shenni Holdings' Research & Development compare to ?
Shenni Holdings' Research & Development of $0.61 Mil can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Medical Devices & Instruments company?
A good Research & Development depends on the Medical Devices & Instruments industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Shenni Holdings and its competitors. Shenni Holdings's current Research & Development is $0.61 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenni Holdings stock overvalued right now?
Shenni Holdings (SNI) has a current Research & Development of $0.61 Mil. The current Research & Development is $0.61 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Shenni Holdings (SNI), the current Research & Development is $0.61 Mil as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Shenni Holdings Business Description

Comparable Companies
Address Biopharmaceutical Industry Park, South Bridge Yongfeng County, Jiangxi Province, Jian, CHN, 331500
Shenni Holdings Ltd is a holding company. Through its operating subsidiaries in China, it is engaged in the business of the manufacture and distribution of urology medical devices and care products as well as the distribution of cardiovascular and cerebrovascular medical devices. Its products include Guide Wire, Catheter Sheath, and PTA Balloon Catheter. The company derives its revenue from three sources: (i) sales and distribution of urology medical devices (ii) sales and distribution of urology care products, and (iii) sales and distribution of cardiovascular and cerebrovascular medical devices.