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Ecovacs Robotics Co (SHSE:603486) Research & Development : ¥858 Mil (TTM As of Mar. 2024)


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What is Ecovacs Robotics Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Ecovacs Robotics Co's Research & Development for the three months ended in Mar. 2024 was ¥220 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥858 Mil.

Ecovacs Robotics Co Research & Development Historical Data

The historical data trend for Ecovacs Robotics 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.

Ecovacs Robotics Co Research & Development Chart

Ecovacs Robotics 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 277.33 338.02 549.11 744.02 824.69

Ecovacs Robotics 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 187.36 203.02 214.48 219.83 220.30

Ecovacs Robotics 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 ¥858 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.

Ecovacs Robotics Co  (SHSE:603486) 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.

Ecovacs Robotics Co Research & Development Related Terms

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Ecovacs Robotics Co (SHSE:603486) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Ecovacs Robotics Co Ltd (SHSE:603486) » Definitions » Research & Development
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Traded in Other Exchanges
N/A
Address
No. 108 Shihu West Road, Wuzhong District, Suzhou, CHN, 215168
Website
http://www.ecovacs.cn
Ecovacs Robotics Co Ltd is primarily involved in the design, manufacture, and sale of robotic products. Its products include DEEBOT, a floor-cleaning robot; WINBOT, a window-cleaning robot; ATMOBOT, a mobile air-purifier robot; and BENEBOT, a shopping assistance robot. Ecovacs Robotics has expanded from its home market in China establishing strong sales subsidiaries in Japan, Germany and the U.S. In addition, the company has also expanded sales into a number of other major markets and regions including: Canada, the Czech Republic, France, Iran, Malaysia, Poland, Spain, Switzerland, and many more.
Executives
Leng Ling Director
Ma Jian Jun Director
Liu Peng Hai Director
Li Yan Director
Zhou Yang Hua Director
Qian Dong Qi Director

Ecovacs Robotics Co (SHSE:603486) Headlines

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