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Wuxi Chemical Equipment Co (SZSE:001332) Research & Development : ¥44 Mil (TTM As of Mar. 2024)


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What is Wuxi Chemical Equipment Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Wuxi Chemical Equipment Co's Research & Development for the three months ended in Mar. 2024 was ¥10 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥44 Mil.


Wuxi Chemical Equipment Co Research & Development Historical Data

The historical data trend for Wuxi Chemical Equipment 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.

Wuxi Chemical Equipment Co Research & Development Chart

Wuxi Chemical Equipment Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.75 27.54 36.53 40.22 43.27

Wuxi Chemical Equipment Co Quarterly Data
Dec13 Dec14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 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 9.86 11.03 7.17 15.23 10.38

Wuxi Chemical Equipment 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 ¥44 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.


Wuxi Chemical Equipment Co  (SZSE:001332) 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.


Wuxi Chemical Equipment Co Research & Development Related Terms

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Wuxi Chemical Equipment Co (SZSE:001332) Business Description

Traded in Other Exchanges
N/A
Address
No. 36, Huayi Road, Binhu District, Jiangsu Province, Wuxi City, CHN, 214131
Wuxi Chemical Equipment Co Ltd is engaged in research and development, design, manufacture, sales and related technical services of metal pressure vessels used in petrochemical, fine chemical, natural gas, marines engineering equipment, nuclear power, solar photovoltaic and photothermal power generation.

Wuxi Chemical Equipment Co (SZSE:001332) Headlines

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