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Chongqing Changan Automobile Co (SZSE:000625) Research & Development : ¥6,161 Mil (TTM As of Mar. 2024)


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What is Chongqing Changan Automobile Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Chongqing Changan Automobile Co's Research & Development for the three months ended in Mar. 2024 was ¥1,544 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥6,161 Mil.

Chongqing Changan Automobile Co Research & Development Historical Data

The historical data trend for Chongqing Changan Automobile 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.

Chongqing Changan Automobile Co Research & Development Chart

Chongqing Changan Automobile 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 3,169.06 2,888.87 3,515.03 4,315.45 5,979.85

Chongqing Changan Automobile 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 1,362.20 1,602.41 1,578.50 1,436.74 1,543.61

Chongqing Changan Automobile 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 ¥6,161 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.

Chongqing Changan Automobile Co  (SZSE:000625) 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.

Chongqing Changan Automobile Co Research & Development Related Terms

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Chongqing Changan Automobile Co (SZSE:000625) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Chongqing Changan Automobile Co Ltd (SZSE:000625) » Definitions » Research & Development
Comparable Companies
SHSE:601127 SHSE:600104 SHSE:601238 SZSE:000800 SHSE:600733 SHSE:600418 SHSE:603529 SHSE:600166 SHSE:601965 SZSE:000550 TSLA TSE:7203 XTER:P911 SZSE:002594 XTER:MBG MIL:RACE XTER:VOW3 MIL:STLAM XTER:BMW TSE:7267
Traded in Other Exchanges
200625:China
Address
No. 260, East Jianxin Road, Jiangbei District, Chongqing, CHN, 400023
Website
https://www.changan.com.cn
Chongqing Changan Automobile Co Ltd is engaged in automobile manufacturing. It has 14 production bases and 33 vehicle, engine and transmission factories around the world. The company has a vast majority of engineering and technical personnel around the world and has established Chongqing, Beijing, Hebei Dingzhou, Anhui Hefei, Italy Turin, Japan Yokohama, UK Birmingham, us Detroit and Germany Munich. It has a professional automobile R&D process system and test verification system to ensure that each product can meet the needs of its users. The company has launched CS series, Eado series, UNI series and other products. In the field of intelligence, the Beidou Tianshu Plan provides users with a four-hearted car platform that is safe, happy, caring, and worry-free.
Executives
Yang Xin Min Independent director
Luo Yan Supervisors
Li Qing Wen Independent director
Yuan Ming Xue Executives
Fan Chao Dong Supervisors
Li Jun Secretary Dong
Liu Bo Executives
Dong Yang Independent director
Zhu Hua Rong Directors, executives
Chen Ling Tao Supervisors
Wang Jun Executives
Song Jia Executives
Cui Yun Jiang Directors, executives
Du Yi Executives
Zhao Lu Chuan Director

Chongqing Changan Automobile Co (SZSE:000625) Headlines

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