Launch Tech Co (STU:LAN) Research & Development : €5.8 Mil (TTM As of Jun. 2024)

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What is Launch Tech Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Launch Tech Co's Research & Development for the six months ended in Jun. 2024 was €11.6 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2024 was €5.8 Mil.

Launch Tech Co Research & Development Historical Data

The historical data trend for Launch Tech 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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Launch Tech Co Research & Development Chart

Launch Tech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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33.59

33.88

6.93

5.62

4.79

Launch Tech Co Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Research & Development	Get a 7-Day Free Trial															12.13	-6.00	10.58	-5.76	11.56

Launch Tech 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €5.8 Mil.

Launch Tech Co (STU:LAN) 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.

Launch Tech Co Research & Development Related Terms

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Launch Tech Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Launch Tech Co Ltd (STU:LAN) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

02488:Hong Kong LAN:Germany

Address

Launch Industrial Park, North of Wuhe Road, Banxuegang, Longgang District, Shenzhen, CHN, 518129

Website

https://www.cnlaunch.com

Launch Tech Co Ltd principally engages in the provision of products and services serving the automotive aftermarket and the automobile industry mainly in the People's Republic of China and certain overseas countries. The company operates its business through three reportable segments. The Automotive Diagnosis segment generates the majority of the earnings for the company. It is involved in the research and development, production and sales of automotive diagnostic and inspection products. The Lift segment is engaged in the research and development, production and sales of machinery products in the automotive aftermarket. The Overseas Sales segment develops and maintains European distributors and customers.

Launch Tech Co Headlines

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