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Suzhou Hailu Heavy Industry Co (SZSE:002255) Research & Development : ¥118 Mil (TTM As of Mar. 2024)


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What is Suzhou Hailu Heavy Industry Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Suzhou Hailu Heavy Industry Co's Research & Development for the three months ended in Mar. 2024 was ¥26 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥118 Mil.


Suzhou Hailu Heavy Industry Co Research & Development Historical Data

The historical data trend for Suzhou Hailu Heavy Industry 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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Suzhou Hailu Heavy Industry Co Research & Development Chart

Suzhou Hailu Heavy Industry 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 56.33 54.54 94.18 95.56 116.44

Suzhou Hailu Heavy Industry 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 24.35 30.60 37.19 24.30 25.68

Suzhou Hailu Heavy Industry 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 ¥118 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.


Suzhou Hailu Heavy Industry Co  (SZSE:002255) 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.


Suzhou Hailu Heavy Industry Co Research & Development Related Terms

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Suzhou Hailu Heavy Industry Co (SZSE:002255) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Renmin West Road, Yangshe Town, Zhangjiagang, Jiangsu, CHN, 215600
Suzhou Hailu Heavy Industry Co Ltd is engaged in the manufacturing of energy saving and environmental protection equipment. The products of the company include boiler products, large pressure vessels, nuclear power equipment, low temperature and environmental protection projects.
Executives
Xu Ran Executives
Zhu Jian Zhong Directors, executives
Wang Ping Supervisors
Zou Xue Feng Supervisors
Xu Yuan Sheng Directors, executives
Zhou Zhong Sheng Independent director
Pan Jian Hua Directors, executives
Chen Ji Qiang Directors, executives
Min Ping Qiang Supervisors
Zhou Hua Executives
Zhang Guo Yi Directors, executives
Zhang Wei Bing Director
Song Ju Neng Executives
Hui Jian Ming Directors, executives

Suzhou Hailu Heavy Industry Co (SZSE:002255) Headlines

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