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Shandong Pharmaceutical Glass Co (SHSE:600529) Research & Development : ¥147 Mil (TTM As of Mar. 2024)


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What is Shandong Pharmaceutical Glass Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Shandong Pharmaceutical Glass Co's Research & Development for the three months ended in Mar. 2024 was ¥40 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥147 Mil.


Shandong Pharmaceutical Glass Co Research & Development Historical Data

The historical data trend for Shandong Pharmaceutical Glass 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.

Shandong Pharmaceutical Glass Co Research & Development Chart

Shandong Pharmaceutical Glass 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 131.99 141.32 136.80 138.94 137.95

Shandong Pharmaceutical Glass 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 30.95 31.62 30.81 44.57 39.92

Shandong Pharmaceutical Glass 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 ¥147 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.


Shandong Pharmaceutical Glass Co  (SHSE:600529) 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.


Shandong Pharmaceutical Glass Co Research & Development Related Terms

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Shandong Pharmaceutical Glass Co (SHSE:600529) Business Description

Traded in Other Exchanges
N/A
Address
Yaobo Road, Yiyuan County, Zibo, Shandong, CHN, 256100
Shandong Pharmaceutical Glass Co Ltd is a pharmaceutical glass packaging product company. Its pharmaceutical glass packaging products and butyl rubber series products which service object of pharmaceutical, food, daily necessities industries. The products include for moulded injection vial for antibiotics series, tubular glass vial series, amber glass bottle series, neutral borosilicate glass bottle series, infusion bottle series, cosmetic bottles series, food bottles series, butyl rubber stopper series, prefillable syringes series, and aluminum-plastic cap series.

Shandong Pharmaceutical Glass Co (SHSE:600529) Headlines

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