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Anhui Ankai Automobile Co (SZSE:000868) Research & Development : ¥86 Mil (TTM As of Mar. 2024)


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What is Anhui Ankai Automobile Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Anhui Ankai Automobile Co's Research & Development for the three months ended in Mar. 2024 was ¥18 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥86 Mil.


Anhui Ankai Automobile Co Research & Development Historical Data

The historical data trend for Anhui Ankai Automobile 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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Anhui Ankai Automobile Co Research & Development Chart

Anhui Ankai Automobile 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 101.90 120.25 93.94 77.21 78.66

Anhui Ankai Automobile 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 10.68 17.58 21.70 28.70 18.18

Anhui Ankai Automobile 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 ¥86 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.


Anhui Ankai Automobile Co  (SZSE:000868) 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.


Anhui Ankai Automobile Co Research & Development Related Terms

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Anhui Ankai Automobile Co (SZSE:000868) Business Description

Traded in Other Exchanges
N/A
Address
No.99, Huayuan Avenue, Hefei, CHN
Anhui Ankai Automobile Co Ltd is a China-based company operates in the business of busses. It manufactures and sells large, medium, and light buses and their automotive parts. It offers Coach, City bus, School bus and New energy bus. Geographically the business activities are carried out through China and its products are exported to developed countries and regions, including U.S., UK, Australia, Dubai, Hong Kong, and Macau.
Executives
Shi Xiao Hong Supervisors
Zhang Han Dong Director
Dong Gang Executives
Sheng Xia Securities Affairs Representative
Li Qiang Director

Anhui Ankai Automobile Co (SZSE:000868) Headlines

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