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Ningbo Huaxiang Electronic Co (SZSE:002048) Research & Development : ¥852 Mil (TTM As of Mar. 2024)


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What is Ningbo Huaxiang Electronic Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Ningbo Huaxiang Electronic Co's Research & Development for the three months ended in Mar. 2024 was ¥200 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥852 Mil.

Ningbo Huaxiang Electronic Co Research & Development Historical Data

The historical data trend for Ningbo Huaxiang Electronic 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.

Ningbo Huaxiang Electronic Co Research & Development Chart

Ningbo Huaxiang Electronic 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 569.21 528.06 640.42 710.77 821.67

Ningbo Huaxiang Electronic 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 170.00 198.89 194.72 258.06 200.43

Ningbo Huaxiang Electronic 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 ¥852 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.

Ningbo Huaxiang Electronic Co  (SZSE:002048) 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.

Ningbo Huaxiang Electronic Co Research & Development Related Terms

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Ningbo Huaxiang Electronic Co (SZSE:002048) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ningbo Huaxiang Electronic Co Ltd (SZSE:002048) » Definitions » Research & Development
Comparable Companies
SZSE:002265 SHSE:688208 SHSE:605333 SHSE:603358 SZSE:000030 SHSE:601311 SHSE:601500 SZSE:300432 SZSE:002249 SZSE:000589 TSE:6902 TSE:5108 XPAR:ML MBLY GPC APTV SHSE:600660 XKRX:012330 TSX:MG XTER:CON
Traded in Other Exchanges
N/A
Address
Xiangxi Development Zone, Xiangshan County, Zhejiang Province, Xizhou, CHN, 201204
Website
http://www.nbhx.com.cn
Ningbo Huaxiang Electronic Co Ltd specializes in the development, manufacture, and distribution of automotive components for medium and premium class vehicles.

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