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SAIC Motor (SHSE:600104) Research & Development : ¥18,503 Mil (TTM As of Mar. 2024)


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What is SAIC Motor Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. SAIC Motor's Research & Development for the three months ended in Mar. 2024 was ¥3,951 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥18,503 Mil.

SAIC Motor Research & Development Historical Data

The historical data trend for SAIC Motor'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.

SAIC Motor Research & Development Chart

SAIC Motor 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 13,394.15 13,515.07 19,784.15 18,030.92 18,365.41

SAIC Motor 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 3,813.06 4,141.01 4,292.52 6,118.83 3,950.71

SAIC Motor 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 ¥18,503 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.

SAIC Motor  (SHSE:600104) 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.

SAIC Motor Research & Development Related Terms

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SAIC Motor (SHSE:600104) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » SAIC Motor Corp Ltd (SHSE:600104) » Definitions » Research & Development
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Traded in Other Exchanges
N/A
Address
489 Weihai Road, Shanghai, CHN, 200041
Website
http://www.saicmotor.com
SAIC Motor Corp Ltd builds and sells passenger cars and commercial vehicles. It is exploring intelligent driving technology research and industrialization of exploration. It is engaged in the research, production, and sales of parts for motor drive systems, chassis systems, batteries, electric drives, power electronics, and other new energy vehicles. Further, it is also involved in auto-related services such as logistics, e-commerce, travel, energy saving, and charging services; auto-related finance, insurance, and investment services; and the layout of industries of big data and artificial intelligence.

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