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New Hope Dairy Co (SZSE:002946) Research & Development : ¥46 Mil (TTM As of Mar. 2024)


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What is New Hope Dairy Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. New Hope Dairy Co's Research & Development for the three months ended in Mar. 2024 was ¥10 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥46 Mil.


New Hope Dairy Co Research & Development Historical Data

The historical data trend for New Hope Dairy 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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New Hope Dairy Co Research & Development Chart

New Hope Dairy 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 27.63 34.63 40.26 47.67 47.39

New Hope Dairy 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 11.62 11.72 11.63 12.41 9.94

New Hope Dairy 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 ¥46 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.


New Hope Dairy Co  (SZSE:002946) 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.


New Hope Dairy Co Research & Development Related Terms

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New Hope Dairy Co (SZSE:002946) Business Description

Traded in Other Exchanges
N/A
Address
No.366 Jinshi Road, New Hope Zhongding International, No. 3, 18th Floor, Building 2, Jinjiang District, Sichuan, Chengdu, CHN, 610023
New Hope Dairy Co Ltd is a dairy products supplier in China. The company have 12 dairy enterprises in Southwest China, Eastern China and Northern China, including 4 national enterprises of agricultural industrialization and 8 provincial enterprises.
Executives
Lin Yong Yu Executives
Li Hong Mei Supervisors
Xi Gang Director
Zhu Chuan Directors, executives
Zhang Shuai Executives

New Hope Dairy Co (SZSE:002946) Headlines

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