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U Power (U Power) Research & Development : $0.31 Mil (TTM As of Dec. 2023)


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What is U Power Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. U Power's Research & Development for the six months ended in Dec. 2023 was $0.03 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was $0.31 Mil.

U Power Research & Development Historical Data

The historical data trend for U Power'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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U Power Research & Development Chart

U Power Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Research & Development
0.02 0.84 1.34 0.31

U Power Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Research & Development Get a 7-Day Free Trial 0.78 0.42 0.94 0.27 0.03

U Power Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.31 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.

U Power  (NAS:UCAR) 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.

U Power Research & Development Related Terms

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U Power (U Power) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » U Power Ltd (NAS:UCAR) » Definitions » Research & Development
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Traded in Other Exchanges
N/A
Address
18th Floor, Building 3, Science and Technology Industrial Park, Yijiang District, Anhui Province, Wuhu, CHN, 241003
Website
http://www.upincar.com
U Power Ltd is involved in the provision of vehicle sourcing services. It is principally engaged in the provision of new energy vehicles development and sales; battery swapping stations manufactory and sales; battery swapping services and sourcing services. The company as a broker engaged in sales of vehicles between automobile wholesalers and buyers, including small and medium sized vehicle dealers and individual customers primarily located in the lower-tier cities in China, which are smaller and less developed than the tier-1 or tier-2 cities.