GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Shanxi Taigang Stainless Steel Co Ltd (SZSE:000825) » Definitions » Research & Development

Shanxi Taigang Stainless Steel Co (SZSE:000825) Research & Development : ¥870 Mil (TTM As of Mar. 2024)


View and export this data going back to 1998. Start your Free Trial

What is Shanxi Taigang Stainless Steel Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Shanxi Taigang Stainless Steel Co's Research & Development for the three months ended in Mar. 2024 was ¥96 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥870 Mil.


Shanxi Taigang Stainless Steel Co Research & Development Historical Data

The historical data trend for Shanxi Taigang Stainless Steel 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.

Shanxi Taigang Stainless Steel Co Research & Development Chart

Shanxi Taigang Stainless Steel 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 2,296.27 2,148.16 781.99 828.25 904.12

Shanxi Taigang Stainless Steel 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 129.77 308.79 339.81 125.75 96.06

Shanxi Taigang Stainless Steel 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 ¥870 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.


Shanxi Taigang Stainless Steel Co  (SZSE:000825) 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.


Shanxi Taigang Stainless Steel Co Research & Development Related Terms

Thank you for viewing the detailed overview of Shanxi Taigang Stainless Steel Co's Research & Development provided by GuruFocus.com. Please click on the following links to see related term pages.


Shanxi Taigang Stainless Steel Co (SZSE:000825) Business Description

Traded in Other Exchanges
N/A
Address
No. 2 Jiancaoping Street, Taiyuan, Shanxi, CHN, 030003
Shanxi Taigang Stainless Steel Co Ltd is a provider of stainless steel. The companies main products are stainless steel, cold-rolled silicon steel, carbon steel hot-rolled coil, train axle steel, alloy die steel, and military steel. Companies products are used in industries such as petroleum, petrochemical, railway, automobile, shipbuilding, container, coinage.
Executives
Wang Bai Dong Executives
Tian Wen Chang Independent director
Hu Yu Ting Director
Liu Fu Xing Directors, executives
Zhang Wen Xiao Supervisors
Li Cheng Director
Guo Cun He Supervisors

Shanxi Taigang Stainless Steel Co (SZSE:000825) Headlines

No Headlines