Beiqi Foton Motor Co (SHSE:600166) Research & Development : ¥2,207 Mil (TTM As of Mar. 2024)

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What is Beiqi Foton Motor Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Beiqi Foton Motor Co's Research & Development for the three months ended in Mar. 2024 was ¥548 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥2,207 Mil.

Beiqi Foton Motor Co Research & Development Historical Data

The historical data trend for Beiqi Foton Motor 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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Beiqi Foton Motor Co Research & Development Chart

Beiqi Foton Motor Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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1,720.21

1,834.34

1,715.09

1,592.41

2,080.07

Beiqi Foton Motor 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															421.37	512.51	555.23	590.97	548.04

Beiqi Foton Motor 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 ¥2,207 Mil.

Beiqi Foton Motor Co (SHSE:600166) 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.

Beiqi Foton Motor Co Research & Development Related Terms

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Beiqi Foton Motor Co (SHSE:600166) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Beiqi Foton Motor Co Ltd (SHSE:600166) » Definitions » Research & Development

Traded in Other Exchanges

N/A

Address

Shayang Road, Shahe Town, Changping District, Beijing, CHN, 102206

Website

http://www.foton.com.cn

Beiqi Foton Motor Co Ltd is a China-based company engages in the manufacture and sale of automobiles. Its products include medium and heavy-duty trucks, light-duty trucks, such as tractors, dumpers, and flatbeds as well as vans, pickups, buses, and construction machinery vehicles. The company also offers Total Care, a care service to authorized dealers; and warranty services. It mainly sells its products under the name of AUMAN, AUV, and OLLIN.

Executives

Li Yan Mei	senior management
Song Shu Shan	senior management
Wu Xi Bin	senior management
Chang Rui	senior management
Yang Guo Tao	senior management
Wu Hai Shan	Supervisors
Chen Qing Shan	Director
Zhang Xi Yong	Director
Yang Gong She	Supervisors
Wu Yue Jun	senior management
Zhang Wei	senior management
Xing Hong Jin	Supervisors
Gong Min	senior management
Gong Yue Qiong	Director
Wei Yan Qin	senior management

Beiqi Foton Motor Co (SHSE:600166) Headlines

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