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Tongling Nonferrous Metals Group Co (SZSE:000630) Research & Development : ¥840 Mil (TTM As of Mar. 2024)


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What is Tongling Nonferrous Metals Group Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Tongling Nonferrous Metals Group Co's Research & Development for the three months ended in Mar. 2024 was ¥157 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥840 Mil.


Tongling Nonferrous Metals Group Co Research & Development Historical Data

The historical data trend for Tongling Nonferrous Metals Group 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.

Tongling Nonferrous Metals Group Co Research & Development Chart

Tongling Nonferrous Metals Group 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 147.38 123.22 185.00 588.94 802.48

Tongling Nonferrous Metals Group 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 119.54 103.83 166.44 412.68 157.10

Tongling Nonferrous Metals Group 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 ¥840 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.


Tongling Nonferrous Metals Group Co  (SZSE:000630) 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.


Tongling Nonferrous Metals Group Co Research & Development Related Terms

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Tongling Nonferrous Metals Group Co (SZSE:000630) Business Description

Traded in Other Exchanges
N/A
Address
Changjiang West Road, West Building, Nonferrous Courtyard, Anhui Province, Tongling, CHN, 244000
Tongling Nonferrous Metals Group Co Ltd is engaged in the business of copper exploration, mining, smelting and deep processing. Its product include cathode copper, gold, silver, and copper, Wire, copper strip and copper foil. The company operates in more than 30 countries. Its products are used in electric power, construction, automotive, home appliances, electronics, and defense.
Executives
Jiang Pei Jin Directors, executives
Wu He Ping Secretary, Director
Liu Dao Kun Executives
Zhou Jun Director
Zou Xian Ji Supervisors
Xu Wu Qi Director
Yang Li Sheng Executives
Fang Wen Sheng Executives
Dai Sheng Hong Supervisors
Liu Jian She Executives
Song Xiu Ming Executives
Wei Jiang Hong Director
Yang Jun Directors, executives
Zhan De Guang Executives
Wu Guo Zhong Director

Tongling Nonferrous Metals Group Co (SZSE:000630) Headlines

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