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Songz Automobile Air Conditioning Co (SZSE:002454) Research & Development : ¥277 Mil (TTM As of Mar. 2024)


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What is Songz Automobile Air Conditioning Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Songz Automobile Air Conditioning Co's Research & Development for the three months ended in Mar. 2024 was ¥62 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥277 Mil.


Songz Automobile Air Conditioning Co Research & Development Historical Data

The historical data trend for Songz Automobile Air Conditioning 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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Songz Automobile Air Conditioning Co Research & Development Chart

Songz Automobile Air Conditioning 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 211.82 205.12 253.17 270.11 280.28

Songz Automobile Air Conditioning 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 65.30 53.09 68.74 93.15 62.14

Songz Automobile Air Conditioning 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 ¥277 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.


Songz Automobile Air Conditioning Co  (SZSE:002454) 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.


Songz Automobile Air Conditioning Co Research & Development Related Terms

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Songz Automobile Air Conditioning Co (SZSE:002454) Business Description

Traded in Other Exchanges
N/A
Address
No.4999, Huaning Road, Xinzhuang Industrial Park, Shanghai, CHN, 201108
Songz Automobile Air Conditioning Co Ltd foreign-funded enterprise. It is engaged in research and development, manufacturing and marketing of the air-conditioners used in commercial and passenger vehicles. Songz is a professional vehicle air-conditioner manufacturer and is also the domestic manufacturer of large and medium-sized passenger vehicle air-conditioners. Its products are widely used in various types of large and medium-sized passenger vehicles, passenger cars, trucks, light-duty buses and rail vehicles, filling in the domestic blank of the double-decker bus air conditioner production.
Executives
Huang Guo Qiang Executives
Ji An Kang Directors, executives
Xie Hao Supervisors
Chen Rui Directors, executives
Yu Bei Bei Supervisors
Liu Zhi Kun Executives
Chang Wei Jun Executives
Yang Guo Ping Director
Tan Ren Ke Securities Affairs Representative
Zhu Ping Li Executives
Chen Fu Cheng Director
Chen Fu Quan Secretary, Director
Zhang Wei Jie Supervisors
Liu Yin Ru Supervisors
Li Bing Executives

Songz Automobile Air Conditioning Co (SZSE:002454) Headlines

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