GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Essence Fastening Systems (Shanghai) Co Ltd (SZSE:301005) » Definitions » Research & Development

Essence Fastening Systems (Shanghai) Co (SZSE:301005) Research & Development : ¥33.4 Mil (TTM As of Mar. 2024)


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

What is Essence Fastening Systems (Shanghai) Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Essence Fastening Systems (Shanghai) Co's Research & Development for the three months ended in Mar. 2024 was ¥8.8 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥33.4 Mil.


Essence Fastening Systems (Shanghai) Co Research & Development Historical Data

The historical data trend for Essence Fastening Systems (Shanghai) 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.

Essence Fastening Systems (Shanghai) Co Research & Development Chart

Essence Fastening Systems (Shanghai) Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial 14.15 15.87 19.70 22.40 32.34

Essence Fastening Systems (Shanghai) Co Quarterly Data
Dec17 Dec18 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 7.79 8.73 9.03 6.79 8.81

Essence Fastening Systems (Shanghai) 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 ¥33.4 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.


Essence Fastening Systems (Shanghai) Co  (SZSE:301005) 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.


Essence Fastening Systems (Shanghai) Co Research & Development Related Terms

Thank you for viewing the detailed overview of Essence Fastening Systems (Shanghai) Co's Research & Development provided by GuruFocus.com. Please click on the following links to see related term pages.


Essence Fastening Systems (Shanghai) Co (SZSE:301005) Business Description

Traded in Other Exchanges
N/A
Address
No. 39, Lane 100, Fengshuo Road, Jiading District, Shanghai, CHN, 201822
Essence Fastening Systems (Shanghai) Co Ltd is engaged in the research and development, production, and sales of high-strength precision fasteners, special-shaped connectors, and other products.
Executives
Li Xin An Executives
Song Shu Sheng Director
Li Hong Tao Directors, executives
Yi Qin Feng Directors, executives

Essence Fastening Systems (Shanghai) Co (SZSE:301005) Headlines

No Headlines