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Nantong Acetic Acid Chemical Co (SHSE:603968) Research & Development : ¥101 Mil (TTM As of Mar. 2024)


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What is Nantong Acetic Acid Chemical Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Nantong Acetic Acid Chemical Co's Research & Development for the three months ended in Mar. 2024 was ¥24 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥101 Mil.


Nantong Acetic Acid Chemical Co Research & Development Historical Data

The historical data trend for Nantong Acetic Acid Chemical 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.

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Nantong Acetic Acid Chemical Co Research & Development Chart

Nantong Acetic Acid Chemical 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 66.40 73.87 88.13 103.86 98.12

Nantong Acetic Acid Chemical 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 20.68 25.65 38.57 13.23 23.90

Nantong Acetic Acid Chemical 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 ¥101 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.


Nantong Acetic Acid Chemical Co  (SHSE:603968) 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.


Nantong Acetic Acid Chemical Co Research & Development Related Terms

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Nantong Acetic Acid Chemical Co (SHSE:603968) Business Description

Traded in Other Exchanges
N/A
Address
Nantong Economic and Technological Development Zone, 968 Jiangshan Road, Jiangsu, CHN, 226009
Nantong Acetic Acid Chemical Co Ltd deals in food and feed additives, pharmaceutical and pesticide intermediates, dye and pigment intermediates, and organic chemical raw materials. The product portfolio includes - sorbic acid, potassium sorbate, dehydroacetic acid, nicotinic acid, clopidol, methyl acetoacetate, acetoacetanilide, and others.
Executives
Qing Jiu Director
Yu Xin Nan Director
Tao Tao senior management
Xue Jin Quan senior management
Shuai Jian Xin senior management
Ding Cai Feng Director
Qian Jin senior management
Gu Qing Quan Director
Yan Mei Hua senior management

Nantong Acetic Acid Chemical Co (SHSE:603968) Headlines

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