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BAIC BluePark New Energy Technology Co (SHSE:600733) Research & Development : ¥1,272 Mil (TTM As of Mar. 2024)


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What is BAIC BluePark New Energy Technology Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. BAIC BluePark New Energy Technology Co's Research & Development for the three months ended in Mar. 2024 was ¥316 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥1,272 Mil.

BAIC BluePark New Energy Technology Co Research & Development Historical Data

The historical data trend for BAIC BluePark New Energy Technology 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.

BAIC BluePark New Energy Technology Co Research & Development Chart

BAIC BluePark New Energy Technology 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 438.56 973.19 1,208.16 1,248.97 1,185.51

BAIC BluePark New Energy Technology 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 228.64 306.60 223.99 426.27 315.50

BAIC BluePark New Energy Technology 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 ¥1,272 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.

BAIC BluePark New Energy Technology Co  (SHSE:600733) 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.

BAIC BluePark New Energy Technology Co Research & Development Related Terms

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BAIC BluePark New Energy Technology Co (SHSE:600733) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » BAIC BluePark New Energy Technology Co Ltd (SHSE:600733) » Definitions » Research & Development
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Traded in Other Exchanges
N/A
Address
No. 5, Donghuan Middle Road, Building 12, Economic and Technological Development Zone, Beijing, CHN, 100176
Website
http://www.bjev.com.cn
BAIC BluePark New Energy Technology Co Ltd is a Chinese new energy vehicle company. It is engaged in building a new ecology and new pattern of the integration of automobile and energy, internet and artificial intelligence industry, and building a new energy vehicle technology innovation center. It owns global research and development centers in Beijing, Silicon Valley, Germany, Spain, and other areas covering electric drive assembly systems, internet, and intelligent, extended-range electric vehicle power systems.
Executives
Wang Jian Ming Supervisors
Zhang Xian Director

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