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Shandong New Beiyang Information Technology Co (SZSE:002376) Research & Development : ¥355 Mil (TTM As of Mar. 2024)


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What is Shandong New Beiyang Information Technology Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Shandong New Beiyang Information Technology Co's Research & Development for the three months ended in Mar. 2024 was ¥91 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥355 Mil.


Shandong New Beiyang Information Technology Co Research & Development Historical Data

The historical data trend for Shandong New Beiyang Information Technology 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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Shandong New Beiyang Information Technology Co Research & Development Chart

Shandong New Beiyang Information Technology 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 388.80 357.72 318.07 314.45 341.09

Shandong New Beiyang Information Technology 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 77.52 92.76 85.50 85.31 91.27

Shandong New Beiyang Information Technology 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 ¥355 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.


Shandong New Beiyang Information Technology Co  (SZSE:002376) 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.


Shandong New Beiyang Information Technology Co Research & Development Related Terms

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Shandong New Beiyang Information Technology Co (SZSE:002376) Business Description

Traded in Other Exchanges
N/A
Address
No.169, Torch Road, Torch High-tech Industrial Development Zone, Shandong Province, Weihai, CHN, 264203
Shandong New Beiyang Information Technology Co Ltd is a China-based company focused on the research and development, production, sales and service of thermal printing, identification as well as smart system integration products. It offers products such as Kiosk printer, scanner, receipt printers, barcode printers, banknote sorter and self-service terminals. In addition, the company also provides solutions in the field of finance, logistics, and other industries.

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