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Zhejiang Taotao Vehicles Co (SZSE:301345) Research & Development : ¥108 Mil (TTM As of Jun. 2024)


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What is Zhejiang Taotao Vehicles Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Zhejiang Taotao Vehicles Co's Research & Development for the three months ended in Jun. 2024 was ¥25 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2024 was ¥108 Mil.

Zhejiang Taotao Vehicles Co Research & Development Historical Data

The historical data trend for Zhejiang Taotao Vehicles 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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Zhejiang Taotao Vehicles Co Research & Development Chart

Zhejiang Taotao Vehicles Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial 26.16 38.27 62.90 64.36 87.65

Zhejiang Taotao Vehicles Co Quarterly Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 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 Premium Member Only 21.93 19.82 33.82 29.33 24.85

Zhejiang Taotao Vehicles 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 ¥108 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.

Zhejiang Taotao Vehicles Co  (SZSE:301345) 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.

Zhejiang Taotao Vehicles Co Research & Development Related Terms

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Zhejiang Taotao Vehicles Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Zhejiang Taotao Vehicles Co Ltd (SZSE:301345) » Definitions » Research & Development
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Traded in Other Exchanges
N/A
Address
No. 10, Xinyuan Road, Xinbi Street, Jinyun County, Zhejiang Province, Lishui, CHN, 321403
Website
http://www.taotaoatv.com
Zhejiang Taotao Vehicles Co Ltd is engaged in the research and development, production and sales of automobiles, electric vehicles and their accessories and supplies for outdoor leisure and entertainment with the function of short-distance transportation.

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