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Wedge Industrial Co (SZSE:000534) Research & Development : ¥107.5 Mil (TTM As of Mar. 2024)


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What is Wedge Industrial Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Wedge Industrial Co's Research & Development for the three months ended in Mar. 2024 was ¥16.8 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥107.5 Mil.


Wedge Industrial Co Research & Development Historical Data

The historical data trend for Wedge Industrial 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.

* Premium members only.

Wedge Industrial Co Research & Development Chart

Wedge Industrial Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.43 77.79 76.72 76.38 105.97

Wedge Industrial Co Quarterly Data
Jun19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.34 15.24 25.54 49.85 16.84

Wedge Industrial 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 ¥107.5 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.


Wedge Industrial Co  (SZSE:000534) 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.


Wedge Industrial Co Research & Development Related Terms

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Wedge Industrial Co (SZSE:000534) Business Description

Traded in Other Exchanges
N/A
Address
No. 23 Zhuchi Road, 8th Floor, Block B, Guangming Building, Shantou, Guangdong, CHN, 515041
Wedge Industrial Co Ltd is engaged in the in the development and distribution of real estate properties. Further, it is also involved in the manufactures and distributes electric power and steam in the Guangdong Province of China.

Wedge Industrial Co (SZSE:000534) Headlines

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