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Wuxi Huadong Heavy Machinery Co (SZSE:002685) Research & Development : ¥26 Mil (TTM As of Sep. 2024)


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What is Wuxi Huadong Heavy Machinery Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Wuxi Huadong Heavy Machinery Co's Research & Development for the three months ended in Sep. 2024 was ¥10 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2024 was ¥26 Mil.


Wuxi Huadong Heavy Machinery Co Research & Development Historical Data

The historical data trend for Wuxi Huadong Heavy Machinery 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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Wuxi Huadong Heavy Machinery Co Research & Development Chart

Wuxi Huadong Heavy Machinery 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 55.37 43.58 43.62 56.72 34.41

Wuxi Huadong Heavy Machinery Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 20.65 -2.69 6.79 11.46 9.95

Wuxi Huadong Heavy Machinery 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥26 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.


Wuxi Huadong Heavy Machinery Co  (SZSE:002685) 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.


Wuxi Huadong Heavy Machinery Co Research & Development Related Terms

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Wuxi Huadong Heavy Machinery Co Business Description

Traded in Other Exchanges
N/A
Address
No. 508 Gaolang East Road, 24th Floor, Block B, Huafa Sensing Building, Binhu District, Wuxi, CHN, 214131
Wuxi Huadong Heavy Machinery Co Ltd is engaged in the manufacturing and distribution of container handling equipment. Its product portfolio comprises ship-to-shore container cranes, rail-mounted gantry container cranes, rubber-tyred container cranes, general gantry cranes, portal cranes and other types of cranes. These cranes are widely used in domestic seaports. Besides, The company also exported its products to South Korea, Indonesia, Thailand, Bangladesh, Kazakhstan and other South-east Asia and West Asia countries.
Executives
Zhu Zhi Guo Directors, executives
Sun Xin Wei Independent director
Zhou Wen Yuan Director
Xu Da Peng Director, representative of securities affairs
Weng Yao Gen Director
Chen Xiang Supervisors
Gu Wen Yuan Directors, executives
Weng Jie Directors, executives

Wuxi Huadong Heavy Machinery Co Headlines

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