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Suzhou Invotech Scroll Technologies Co (SZSE:301272) Research & Development : ¥34.5 Mil (TTM As of Jun. 2024)


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What is Suzhou Invotech Scroll Technologies Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Suzhou Invotech Scroll Technologies Co's Research & Development for the three months ended in Jun. 2024 was ¥11.1 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2024 was ¥34.5 Mil.

Suzhou Invotech Scroll Technologies Co Research & Development Historical Data

The historical data trend for Suzhou Invotech Scroll Technologies 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.

Suzhou Invotech Scroll Technologies Co Research & Development Chart

Suzhou Invotech Scroll Technologies Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial 10.31 9.99 12.44 15.31 26.11

Suzhou Invotech Scroll Technologies Co Quarterly Data
Dec18 Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 6.54 6.36 8.12 8.96 11.08

Suzhou Invotech Scroll Technologies 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥34.5 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.

Suzhou Invotech Scroll Technologies Co  (SZSE:301272) 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.

Suzhou Invotech Scroll Technologies Co Research & Development Related Terms

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Suzhou Invotech Scroll Technologies Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Suzhou Invotech Scroll Technologies Co Ltd (SZSE:301272) » Definitions » Research & Development
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Traded in Other Exchanges
N/A
Address
No. 5, Yintong Road, Southeast Street, Jiangsu Province, Changshu, CHN, 215500
Website
http://www.invotech.cn
Suzhou Invotech Scroll Technologies Co Ltd provides research and development, production, sales and pre-sales and after-sales services of energy-saving, high-efficiency, high-reliability, low-noise scroll compressors and their application technologies.

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