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Chongqing Millison Technologies (SZSE:301307) Research & Development : ¥145 Mil (TTM As of Mar. 2024)


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What is Chongqing Millison Technologies Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Chongqing Millison Technologies's Research & Development for the three months ended in Mar. 2024 was ¥35 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥145 Mil.

Chongqing Millison Technologies Research & Development Historical Data

The historical data trend for Chongqing Millison Technologies'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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Chongqing Millison Technologies Research & Development Chart

Chongqing Millison Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial 74.51 85.04 93.72 134.51 147.86

Chongqing Millison Technologies Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 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 37.53 40.39 45.49 24.45 35.12

Chongqing Millison Technologies 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 ¥145 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 Millison Technologies  (SZSE:301307) 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 Millison Technologies Research & Development Related Terms

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Chongqing Millison Technologies (SZSE:301307) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Chongqing Millison Technologies Inc (SZSE:301307) » Definitions » Research & Development
Comparable Companies
SZSE:301180 SZSE:300709 SZSE:002552 SZSE:002514 SZSE:002965 SZSE:002855 SHSE:688190 SZSE:300953 SHSE:601700 SZSE:300985 ATI MLI XTER:TKA SHSE:688122 ESAB TPE:2474 SZSE:000039 XTER:NDA CRS WOR
Traded in Other Exchanges
N/A
Address
No. 1 and No. 2, No. 1, Tian'an Road, Banan District, Chongqing, CHN, 401320
Website
http://www.millison.com.cn
Chongqing Millison Technologies Inc is engaged in the research and development, production and sales of aluminum alloy precision die-casting parts in the communication field and the automotive field.
Executives
Feng Cheng Long Supervisors

Chongqing Millison Technologies (SZSE:301307) Headlines

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