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Hengdian Group Dmegc Magnetics Co (SZSE:002056) Research & Development : ¥792 Mil (TTM As of Mar. 2024)


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What is Hengdian Group Dmegc Magnetics Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Hengdian Group Dmegc Magnetics Co's Research & Development for the three months ended in Mar. 2024 was ¥166 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥792 Mil.


Hengdian Group Dmegc Magnetics Co Research & Development Historical Data

The historical data trend for Hengdian Group Dmegc Magnetics 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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Hengdian Group Dmegc Magnetics Co Research & Development Chart

Hengdian Group Dmegc Magnetics 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 295.60 390.03 603.30 939.08 876.72

Hengdian Group Dmegc Magnetics 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 251.19 274.07 219.92 131.54 166.05

Hengdian Group Dmegc Magnetics 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 ¥792 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.


Hengdian Group Dmegc Magnetics Co  (SZSE:002056) 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.


Hengdian Group Dmegc Magnetics Co Research & Development Related Terms

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Hengdian Group Dmegc Magnetics Co (SZSE:002056) Business Description

Traded in Other Exchanges
N/A
Address
Hengdian Industrial Zone, Dongyang, Zhejiang, CHN, 322118
Hengdian Group Dmegc Magnetics Co Ltd is a Chinese company engaged in making products based on hard ferrite and magnet soft ferrite cores. The products of the company include hard ferrite magnets, ferrite cores, solar cells, solar modules, rare earth magnets, motor housing, hard alloys, batteries, and flexible copper clad laminate. These products are widely used in the fields of the electronic appliance, automotive, communication and others. In addition, the group is also involved in the business of hotels, mining, health care home, international trade and others. The company exports its products to EU, USA, Japan, South America, South East Asia and other regions.

Hengdian Group Dmegc Magnetics Co (SZSE:002056) Headlines

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