GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tianjin Jinrong Tianyu Precision Machinery Inc (SZSE:300988) » Definitions » Research & Development

Tianjin Jinrong Tianyu Precision Machinery (SZSE:300988) Research & Development : ¥73 Mil (TTM As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Tianjin Jinrong Tianyu Precision Machinery Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Tianjin Jinrong Tianyu Precision Machinery's Research & Development for the three months ended in Mar. 2024 was ¥19 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥73 Mil.


Tianjin Jinrong Tianyu Precision Machinery Research & Development Historical Data

The historical data trend for Tianjin Jinrong Tianyu Precision Machinery'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.

Tianjin Jinrong Tianyu Precision Machinery Research & Development Chart

Tianjin Jinrong Tianyu Precision Machinery Annual Data
Trend Dec12 Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.39 35.00 60.95 61.27 69.44

Tianjin Jinrong Tianyu Precision Machinery Quarterly Data
Mar19 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 15.69 16.18 18.30 19.28 18.99

Tianjin Jinrong Tianyu Precision Machinery 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 ¥73 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.


Tianjin Jinrong Tianyu Precision Machinery  (SZSE:300988) 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.


Tianjin Jinrong Tianyu Precision Machinery Research & Development Related Terms

Thank you for viewing the detailed overview of Tianjin Jinrong Tianyu Precision Machinery's Research & Development provided by GuruFocus.com. Please click on the following links to see related term pages.


Tianjin Jinrong Tianyu Precision Machinery (SZSE:300988) Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Haitai Chuangxin 4th Road, Huayuan Industrial Zone, Tianjin, CHN, 300384
Tianjin Jinrong Tianyu Precision Machinery Co Ltd is engaged in the research and development, production and sales of precision metal molds and related parts.

Tianjin Jinrong Tianyu Precision Machinery (SZSE:300988) Headlines

No Headlines