Wuxi Double Elephant Micro Fibre Material Co (SZSE:002395) Research & Development : ¥65 Mil (TTM As of Mar. 2024)

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What is Wuxi Double Elephant Micro Fibre Material Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Wuxi Double Elephant Micro Fibre Material Co's Research & Development for the three months ended in Mar. 2024 was ¥17 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥65 Mil.

Wuxi Double Elephant Micro Fibre Material Co Research & Development Historical Data

The historical data trend for Wuxi Double Elephant Micro Fibre Material 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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Wuxi Double Elephant Micro Fibre Material Co Research & Development Chart

Wuxi Double Elephant Micro Fibre Material Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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48.87

51.47

54.43

48.94

59.05

Wuxi Double Elephant Micro Fibre Material 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															11.43	14.15	15.34	18.13	17.20

Wuxi Double Elephant Micro Fibre Material 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 ¥65 Mil.

Wuxi Double Elephant Micro Fibre Material Co (SZSE:002395) 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.

Wuxi Double Elephant Micro Fibre Material Co Research & Development Related Terms

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Wuxi Double Elephant Micro Fibre Material Co (SZSE:002395) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Wuxi Double Elephant Micro Fibre Material Co Ltd (SZSE:002395) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.188, Houzhai Middle Road, Hongshan Street, Xinwu District, Jiangsu Province, Wuxi, CHN

Website

http://www.sxcxgf.com

Wuxi Double Elephant Micro Fibre Material Co Ltd operates in the synthetic leather industry. The company is engaged in the production and supply of PVC artificial leather products. The products of the company include microfiber ultra-real leather, PVC artificial leather, and PU synthetic leather.

Executives

Wang Hao	Director
Wang Chun Long	Director

Wuxi Double Elephant Micro Fibre Material Co (SZSE:002395) Headlines

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