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Zhejiang Akcome New Energy Technology Co (SZSE:002610) Research & Development : ¥70 Mil (TTM As of Mar. 2024)


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What is Zhejiang Akcome New Energy Technology Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Zhejiang Akcome New Energy Technology Co's Research & Development for the three months ended in Mar. 2024 was ¥14 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥70 Mil.


Zhejiang Akcome New Energy Technology Co Research & Development Historical Data

The historical data trend for Zhejiang Akcome New Energy 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.

* Premium members only.

Zhejiang Akcome New Energy Technology Co Research & Development Chart

Zhejiang Akcome New Energy 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 40.77 37.66 39.05 73.22 78.77

Zhejiang Akcome New Energy 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 23.03 18.49 21.15 16.10 13.99

Zhejiang Akcome New Energy 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 ¥70 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.


Zhejiang Akcome New Energy Technology Co  (SZSE:002610) 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.


Zhejiang Akcome New Energy Technology Co Research & Development Related Terms

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Zhejiang Akcome New Energy Technology Co (SZSE:002610) Business Description

Traded in Other Exchanges
N/A
Address
West Jintang Road, Economic Development Zone of Zhangjiagang, Jiangsu Province, Zhangjiagang, CHN, 215600
Zhejiang Akcome New Energy Technology Co Ltd Formerly Jiangsu Akcome Science & Technology Co Ltd is a Chinese technology-based company specialized in the investment and operation of power generated by new energy, and the one-stop provision of photovoltaic (PV) accessories. It offers products such as the solar framework, sectional material, modules, solar cell, aluminum framework of polar battery, PV installation rack and PV welding strip. In addition, the company is also involved in the online energy business. The company has a business presence in China and other countries.

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