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Xi an Novastar Tech Co (SZSE:301589) Research & Development : ¥480 Mil (TTM As of Mar. 2024)


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What is Xi an Novastar Tech Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Xi an Novastar Tech Co's Research & Development for the three months ended in Mar. 2024 was ¥123 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥480 Mil.

Xi an Novastar Tech Co Research & Development Historical Data

The historical data trend for Xi an Novastar Tech 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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Xi an Novastar Tech Co Research & Development Chart

Xi an Novastar Tech Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial 144.90 156.34 213.33 319.18 441.96

Xi an Novastar Tech Co Quarterly Data
Dec18 Dec19 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 85.59 95.59 116.90 143.89 123.26

Xi an Novastar Tech 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 ¥480 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.

Xi an Novastar Tech Co  (SZSE:301589) 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.

Xi an Novastar Tech Co Research & Development Related Terms

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Xi an Novastar Tech Co (SZSE:301589) Business Description

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Xi an Novastar Tech Co Ltd is engaged in the research and application of video and display control core algorithms to provide users with professional comprehensive software and hardware solutions. It focuses on LED display applications and provides over 4000 customers with full link solutions from video processing to display control.

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