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Hefei Metalforming Intelligent Manufacturing Co (SHSE:603011) Research & Development : ¥104 Mil (TTM As of Mar. 2024)


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What is Hefei Metalforming Intelligent Manufacturing Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Hefei Metalforming Intelligent Manufacturing Co's Research & Development for the three months ended in Mar. 2024 was ¥23 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥104 Mil.


Hefei Metalforming Intelligent Manufacturing Co Research & Development Historical Data

The historical data trend for Hefei Metalforming Intelligent Manufacturing 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.

Hefei Metalforming Intelligent Manufacturing Co Research & Development Chart

Hefei Metalforming Intelligent Manufacturing 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 49.65 51.40 70.40 99.66 104.10

Hefei Metalforming Intelligent Manufacturing 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 23.11 22.58 30.63 27.79 22.88

Hefei Metalforming Intelligent Manufacturing 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 ¥104 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.


Hefei Metalforming Intelligent Manufacturing Co  (SHSE:603011) 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.


Hefei Metalforming Intelligent Manufacturing Co Research & Development Related Terms

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Hefei Metalforming Intelligent Manufacturing Co (SHSE:603011) Business Description

Traded in Other Exchanges
N/A
Address
Hefei Economic and Technological Development Zone, Ziyun Road 123, Hefei, CHN
Hefei Metalforming Intelligent Manufacturing Co Ltd is engaged in the manufacturing of hydraulic press, mechanical press and other intelligent forming equipment and industrial automation equipment. The company's products and services offerings include Precision drop forging hydraulic press, Pipe straightening machine, Elbow forging hydraulic press, Door plank automatic production line, Internal high pressure forming equipment and others. It provides its solutions to Metal forming field, a Non-metal material forming, Vessal field, Aerospace field, Automobile manufacturing field, Light industry and home, Petrochemical pipe fittings field, Rail transportation field, and others.
Executives
Zhang Lan Jun senior management
Wang Yu Shan senior management
Zhang An Ping Director
Li Gui Shan senior management
Han Xiao Feng Director
Wang Xiao Feng Director
Sun Ge senior management
Wang Lei Director
Li Hui senior management
Shi Jian Wei senior management
Yan Jian Wen Director

Hefei Metalforming Intelligent Manufacturing Co (SHSE:603011) Headlines

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