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Anhui Wanwei Updated High-Tech Material Industry Co (SHSE:600063) Research & Development : ¥478 Mil (TTM As of Mar. 2024)


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What is Anhui Wanwei Updated High-Tech Material Industry Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Anhui Wanwei Updated High-Tech Material Industry Co's Research & Development for the three months ended in Mar. 2024 was ¥113 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥478 Mil.


Anhui Wanwei Updated High-Tech Material Industry Co Research & Development Historical Data

The historical data trend for Anhui Wanwei Updated High-Tech Material Industry 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.

Anhui Wanwei Updated High-Tech Material Industry Co Research & Development Chart

Anhui Wanwei Updated High-Tech Material Industry Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 248.34 255.78 353.39 537.25 458.70

Anhui Wanwei Updated High-Tech Material Industry Co Quarterly Data
Jun19 Sep19 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 93.36 101.90 115.24 148.20 112.68

Anhui Wanwei Updated High-Tech Material Industry 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 ¥478 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.


Anhui Wanwei Updated High-Tech Material Industry Co  (SHSE:600063) 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.


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Anhui Wanwei Updated High-Tech Material Industry Co (SHSE:600063) Business Description

Traded in Other Exchanges
N/A
Address
No. 56 Chao Wei Road, Chaohu, Anhui, CHN, 238002
Anhui Wanwei Updated High-Tech Material Industry Co Ltd is a China-based company engaged in the development, production, and sales of polyvinyl alcohol and related products. Its main products include PVA, cement, PVA ultrashort fiber, slices, Vinyl Acetateethylene Emulsion (VAE) emulsion, rubber powder, methyl acetate and vinyl acetate, among others. The company distributes its products within domestic market and to overseas markets.
Executives
Gao Shen Bao Director
Xu Shou Qing senior management
Wu Shang Yi Director
Zhang Zheng He Director
Gao Shen Bao Director
Wu Fu Sheng Director
Wu Lin Director
Sha Jian Bao senior management
Li Tai senior management
Ji Xue Yong Director
Sheng Wei Lin Director
Tang Hua Zhang Director
Xu Ju Sheng Supervisors
Qian Dao Zhang Supervisors
Yang Ke Zhong Director

Anhui Wanwei Updated High-Tech Material Industry Co (SHSE:600063) Headlines

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