Hongchang International Co annual r&d spending
2010
2011
2012
2013
2014
2015
2016
Hongchang International Co R&D Spending Growth & History (HCIL)
Hongchang International Co's r&d spending was $54,198 for fiscal 2016.
View full Hongchang International Co company overviewHongchang International Co annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2016 | 2016-12-31 | $54,198 | −$160,653 | −74.77% |
| 2015 | 2015-12-31 | $214,851 | −$10,160 | −4.52% |
| 2014 | 2014-12-31 | $225,011 | −$11,252 | −4.76% |
| 2013 | 2013-12-31 | $236,263 | $4,988 | +2.16% |
| 2012 | 2012-12-31 | $231,275 | −$4,073 | −1.73% |
| 2011 | 2011-12-31 | $235,348 | −$150,803 | −39.05% |
| 2010 | 2010-12-31 | $386,151 | — | — |
Hongchang International Co quarterly r&d spending
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Q4.12
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Q3.16
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q3 2016 | 2016-09-30 | $2,539 | −$51,113 | −95.27% |
| Q2 2016 | 2016-06-30 | $15,182 | −$37,901 | −71.40% |
| Q1 2016 | 2016-03-31 | $36,478 | −$17,985 | −33.02% |
| Q4 2015 | 2015-12-31 | $53,653 | −$5,038 | −8.58% |
| Q3 2015 | 2015-09-30 | $53,652 | $1,420 | +2.72% |
| Q2 2015 | 2015-06-30 | $53,083 | −$6,072 | −10.26% |
| Q1 2015 | 2015-03-31 | $54,463 | −$470 | −0.86% |
| Q4 2014 | 2014-12-31 | $58,691 | −$1,762 | −2.91% |
| Q3 2014 | 2014-09-30 | $52,232 | −$2,840 | −5.16% |
| Q2 2014 | 2014-06-30 | $59,155 | −$2,848 | −4.59% |
| Q1 2014 | 2014-03-31 | $54,933 | −$3,802 | −6.47% |
| Q4 2013 | 2013-12-31 | $60,453 | −$4,533 | −6.98% |
| Q3 2013 | 2013-09-30 | $55,072 | −$2,058 | −3.60% |
| Q2 2013 | 2013-06-30 | $62,003 | $10,831 | +21.17% |
| Q1 2013 | 2013-03-31 | $58,735 | $748 | +1.29% |
| Q4 2012 | 2012-12-31 | $64,986 | −$22,644 | −25.84% |
| Q3 2012 | 2012-09-30 | $57,130 | $14,829 | +35.06% |
| Q2 2012 | 2012-06-30 | $51,172 | −$1,073 | −2.05% |
| Q1 2012 | 2012-03-31 | $57,987 | $4,815 | +9.06% |
| Q4 2011 | 2011-12-31 | $87,630 | — | — |
| Q3 2011 | 2011-09-30 | $42,301 | −$49,694 | −54.02% |
| Q2 2011 | 2011-06-30 | $52,245 | −$46,521 | −47.10% |
| Q1 2011 | 2011-03-31 | $53,172 | — | — |
| Q3 2010 | 2010-09-30 | $91,995 | — | — |
| Q2 2010 | 2010-06-30 | $98,766 | — | — |
Hongchang International Co r&d spending trends
Over the last five fiscal years, Hongchang International Co's r&d spending decreased from $235,348 to $54,198, a change of −$181,150. The latest reported quarter, Q3 2016, shows $2,539.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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