GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Extek Technology Co Ltd (SZSE:301399) » Definitions » Research & Development

Zhejiang Extek Technology Co (SZSE:301399) Research & Development : ¥26.0 Mil (TTM As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Zhejiang Extek Technology Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Zhejiang Extek Technology Co's Research & Development for the three months ended in Mar. 2024 was ¥5.0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥26.0 Mil.


Zhejiang Extek Technology Co Research & Development Historical Data

The historical data trend for Zhejiang Extek 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.

Zhejiang Extek Technology Co Research & Development Chart

Zhejiang Extek Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial 13.48 14.48 20.69 23.01 25.52

Zhejiang Extek Technology Co Quarterly Data
Dec18 Dec19 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 4.56 6.08 7.32 7.56 5.03

Zhejiang Extek 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 ¥26.0 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 Extek Technology Co  (SZSE:301399) 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 Extek Technology Co Research & Development Related Terms

Thank you for viewing the detailed overview of Zhejiang Extek Technology Co's Research & Development provided by GuruFocus.com. Please click on the following links to see related term pages.


Zhejiang Extek Technology Co (SZSE:301399) Business Description

Traded in Other Exchanges
N/A
Address
No. 468, Lesan Road, Dipu Street, Anji County, Zhejiang Province, Huzhou, CHN, 313300
Zhejiang Extek Technology Co Ltd is a high-tech enterprise specializing in the research, development, production and sales of high-efficiency heat exchangers. Its products mainly include high-efficiency new shell-and-tube heat exchangers, and coaxial casing heat Products such as heat exchangers and distributors, as the core components of heat pumps and air conditioners, are widely used in heating, hot water, refrigeration, industrial and agricultural production and other fields.

Zhejiang Extek Technology Co (SZSE:301399) Headlines

No Headlines