200625.SZ200625.SZ
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R&D Expense Growth Under Pressure
Trending lower, below historical average, structural decline.
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Year-over-year research & development expense growth
Latest
8.79%
↓ 49% below average
Average (9y)
17.37%
Historical baseline
Range
High:39.03%
Low:-2.80%
CAGR
-15.3%
Structural decline
| Period | Value |
|---|---|
| 2024 | 8.79% |
| 2023 | 38.57% |
| 2022 | 22.77% |
| 2021 | 11.45% |
| 2020 | -0.48% |
| 2019 | 24.61% |
| 2018 | -2.80% |
| 2017 | 15.90% |
| 2016 | 15.87% |
| 2015 | 39.03% |