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Shenzhen Zhaowei Machinery & Electronics Co (SZSE:003021) Research & Development : ¥131 Mil (TTM As of Mar. 2024)


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What is Shenzhen Zhaowei Machinery & Electronics Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Shenzhen Zhaowei Machinery & Electronics Co's Research & Development for the three months ended in Mar. 2024 was ¥30 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥131 Mil.


Shenzhen Zhaowei Machinery & Electronics Co Research & Development Historical Data

The historical data trend for Shenzhen Zhaowei Machinery & Electronics 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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Shenzhen Zhaowei Machinery & Electronics Co Research & Development Chart

Shenzhen Zhaowei Machinery & Electronics Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial 79.05 74.63 132.83 117.34 128.71

Shenzhen Zhaowei Machinery & Electronics 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 28.22 29.14 35.16 36.20 30.50

Shenzhen Zhaowei Machinery & Electronics 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 ¥131 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.


Shenzhen Zhaowei Machinery & Electronics Co  (SZSE:003021) 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.


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Shenzhen Zhaowei Machinery & Electronics Co (SZSE:003021) Business Description

Traded in Other Exchanges
N/A
Address
Yanhu Road, Yanluo Street, Room 101, Office Building 62, Yanchuan Community, Baoan District, Guangdong, Shenzhen, CHN, 518105
Shenzhen Zhaowei Machinery & Electronics Co Ltd is engaged in the research and development, production and sales of micro-drive systems, precision injection parts and precision molds. The product portfolio of the group include gearboxes, gear motor, DC motors, Linear actuator motors and others.

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