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Shanghai Huafon Aluminium (SHSE:601702) Research & Development : ¥240 Mil (TTM As of Mar. 2024)


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What is Shanghai Huafon Aluminium Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Shanghai Huafon Aluminium's Research & Development for the three months ended in Mar. 2024 was ¥58 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥240 Mil.

Shanghai Huafon Aluminium Research & Development Historical Data

The historical data trend for Shanghai Huafon Aluminium'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.

Shanghai Huafon Aluminium Research & Development Chart

Shanghai Huafon Aluminium Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial Premium Member Only 153.34 200.21 286.73 259.26 231.47

Shanghai Huafon Aluminium 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 50.01 54.79 61.74 64.93 58.43

Shanghai Huafon Aluminium 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 ¥240 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.

Shanghai Huafon Aluminium  (SHSE:601702) 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.

Shanghai Huafon Aluminium Research & Development Related Terms

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Shanghai Huafon Aluminium (SHSE:601702) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Shanghai Huafon Aluminium Corp (SHSE:601702) » Definitions » Research & Development
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Traded in Other Exchanges
N/A
Address
1111 Yuegong Road, Jinshan District, Shanghai, CHN, 201506
Website
http://www.huafonal.com
Shanghai Huafon Aluminium Corp is engaged in production and sales of aluminum sheet, strip and foil. The company's products include brazed heat exchangers material; water tanks, heaters, air coolers; condenser; evaporator, heater, oil cooler; and Other Industrial Products Materials. Its products line covers all kinds of alloyed material and specifications which is widely used in the automobile and construction machinery and equipment cooling systems, power station cooling system, micro-channel cooler and all kinds of both commercial and residential air-conditioners. It also processes all kinds of aluminum products processing 1,3,4,5,7 series, which are widely used in transportation construction, food packaging, electronics information industry and other fields.

Shanghai Huafon Aluminium (SHSE:601702) Headlines

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