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Weichai Heavy Machinery Co (SZSE:000880) Research & Development : ¥212 Mil (TTM As of Mar. 2024)


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What is Weichai Heavy Machinery Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Weichai Heavy Machinery Co's Research & Development for the three months ended in Mar. 2024 was ¥55 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥212 Mil.


Weichai Heavy Machinery Co Research & Development Historical Data

The historical data trend for Weichai Heavy Machinery 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.

Weichai Heavy Machinery Co Research & Development Chart

Weichai Heavy Machinery 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 180.83 205.86 242.79 201.95 200.99

Weichai Heavy Machinery 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 44.06 52.27 64.32 40.34 54.96

Weichai Heavy Machinery 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 ¥212 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.


Weichai Heavy Machinery Co  (SZSE:000880) 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.


Weichai Heavy Machinery Co Research & Development Related Terms

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Weichai Heavy Machinery Co (SZSE:000880) Business Description

Traded in Other Exchanges
N/A
Address
No. 26 Minsheng East Street, Shandong Province, Weifang, CHN, 261001
Weichai Heavy Machinery Co Ltd is a China-based company engaged in developing, manufacturing and selling marine power and power generating units. Its product portfolio includes medium-speed diesel engines, power generating sets, powertrain system for marine power, generating device market, diesel engine parts and marine gearbox parts. The company provides core power and complete solutions to the global shipping and energy electricity market.

Weichai Heavy Machinery Co (SZSE:000880) Headlines

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