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Hubei Xiangyuan New Material Technology Co (SZSE:300980) Research & Development : ¥29.1 Mil (TTM As of Mar. 2024)


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What is Hubei Xiangyuan New Material Technology Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Hubei Xiangyuan New Material Technology Co's Research & Development for the three months ended in Mar. 2024 was ¥6.5 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥29.1 Mil.


Hubei Xiangyuan New Material Technology Co Research & Development Historical Data

The historical data trend for Hubei Xiangyuan New Material 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.

Hubei Xiangyuan New Material Technology Co Research & Development Chart

Hubei Xiangyuan New Material Technology Co Annual Data
Trend Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial Premium Member Only 13.21 16.53 24.43 23.22 29.42

Hubei Xiangyuan New Material Technology Co Quarterly Data
Dec18 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 6.82 10.72 4.64 7.24 6.48

Hubei Xiangyuan New Material 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 ¥29.1 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.


Hubei Xiangyuan New Material Technology Co  (SZSE:300980) 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.


Hubei Xiangyuan New Material Technology Co Research & Development Related Terms

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Hubei Xiangyuan New Material Technology Co (SZSE:300980) Business Description

Traded in Other Exchanges
N/A
Address
Huayi Village, Economic Development Zone, Hubei Province, Hanchuan, CHN, 431600
Hubei Xiangyuan New Material Technology Co Ltd is engaged in the research and development, production and sales of polyolefin foam materials. It specializes in the production and sales of environmentally friendly cross-linked polyolefin foam and Polyurethane foam, the products sell well all over China and exported to five continents in the world.

Hubei Xiangyuan New Material Technology Co (SZSE:300980) Headlines

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