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SMS Electric Co Zhengzhou (SZSE:002857) Research & Development : ¥24.0 Mil (TTM As of Jun. 2024)


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What is SMS Electric Co Zhengzhou Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. SMS Electric Co Zhengzhou's Research & Development for the three months ended in Jun. 2024 was ¥5.9 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2024 was ¥24.0 Mil.


SMS Electric Co Zhengzhou Research & Development Historical Data

The historical data trend for SMS Electric Co Zhengzhou'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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SMS Electric Co Zhengzhou Research & Development Chart

SMS Electric Co Zhengzhou 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 15.03 15.75 14.88 12.33 20.32

SMS Electric Co Zhengzhou Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 4.91 5.68 6.65 5.75 5.91

SMS Electric Co Zhengzhou Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥24.0 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.


SMS Electric Co Zhengzhou  (SZSE:002857) 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.


SMS Electric Co Zhengzhou Research & Development Related Terms

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SMS Electric Co Zhengzhou Business Description

Traded in Other Exchanges
N/A
Address
SMS Industrial Park at No. 85 Fifth Avenue, Economic and Technical Development Zone, Zhengzhou, CHN, 450016
SMS Electric Co Ltd Zhengzhou is engaged in the research, design, producing and sale of electricity metering instrument in China. It offers testing automation products, energy meter terminals, standard test devices, portable meter test systems, simulation equipment, and transformers.
Executives
Yu Yi Zhou Directors, executives
Wang Hong Directors, executives

SMS Electric Co Zhengzhou Headlines

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