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Shandong Meichen Ecology & Environment Co (SZSE:300237) Research & Development : ¥86 Mil (TTM As of Mar. 2024)


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What is Shandong Meichen Ecology & Environment Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Shandong Meichen Ecology & Environment Co's Research & Development for the three months ended in Mar. 2024 was ¥21 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥86 Mil.


Shandong Meichen Ecology & Environment Co Research & Development Historical Data

The historical data trend for Shandong Meichen Ecology & Environment 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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Shandong Meichen Ecology & Environment Co Research & Development Chart

Shandong Meichen Ecology & Environment 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 147.19 126.81 113.61 95.42 84.22

Shandong Meichen Ecology & Environment 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 20.03 24.18 20.96 19.06 21.33

Shandong Meichen Ecology & Environment 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 ¥86 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.


Shandong Meichen Ecology & Environment Co  (SZSE:300237) 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.


Shandong Meichen Ecology & Environment Co Research & Development Related Terms

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Shandong Meichen Ecology & Environment Co (SZSE:300237) Business Description

Traded in Other Exchanges
N/A
Address
Northern part of East Outer Ring, Shandong Province, Zhucheng City, CHN, 262200
Shandong Meichen Ecology & Environment Co Ltd is engaged in the research, development, manufacturing, and distribution of rubber hose, damping rubber, engineering plastics products and related raw materials in China. It operates in the business areas of Sophisticated high molecular material and Ecological environment protection. The sophisticated high molecular material area offers suspension products, system integration modified engineering plastics products, elastic products damping noise reduction, and fluid pipe products. Ecological environment protection includes services like an ecological garden, soil repair, city minerals, water ecological management and air detection management.
Executives
Xu Hai Qin Director
Zhang Lei Director
Zheng Zhao Wei Director
Li Rong Hua Directors, executives
Guo Bai Feng Director
Ma Jing Chun Director
Li Rui Long Executives
Xiao Pan Wen Directors, executives
Sun Pei Zhu Directors, executives
Li Wei Gang Secretary Dong
Zhen Ran Supervisors
Zhao Xiang Yang Independent director
Li Xiao Nan Director

Shandong Meichen Ecology & Environment Co (SZSE:300237) Headlines

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