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Anhui Conch Cement Co (Anhui Conch Cement Co) Research & Development : $260 Mil (TTM As of Dec. 2023)


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What is Anhui Conch Cement Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Anhui Conch Cement Co's Research & Development for the three months ended in Dec. 2023 was $82 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was $260 Mil.

Anhui Conch Cement Co Research & Development Historical Data

The historical data trend for Anhui Conch Cement 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.

* Premium members only.

Anhui Conch Cement Co Research & Development Chart

Anhui Conch Cement 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 26.69 98.98 208.38 288.50 260.43

Anhui Conch Cement Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 83.17 36.82 63.30 77.78 81.91

Anhui Conch Cement 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $260 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.

Anhui Conch Cement Co  (OTCPK:AHCHY) 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.

Anhui Conch Cement Co Research & Development Related Terms

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Anhui Conch Cement Co (Anhui Conch Cement Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Anhui Conch Cement Co Ltd (OTCPK:AHCHY) » Definitions » Research & Development
Comparable Companies
SZSE:000877 SHSE:600176 SHSE:600801 SHSE:600720 SZSE:000401 SZSE:000012 SZSE:002233 SZSE:002302 SHSE:600449 SZSE:000672 CRH XSWX:HOLN MLM VMC NSE:ULTRACEMCO XTER:HEI NSE:GRASIM ASX:JHX XKRX:003670 BOM:500425
Traded in Other Exchanges
AHCHF:USA 00914:Hong Kong AQE:Germany 600585:China
Address
No. 39 Wenhua Road, Anhui Province, Wuhu, CHN, 241000
Website
http://www.conch.cn
Anhui Conch Cement is mainly engaged in the production and sale of cement and clinker. The company was established in 1997 and headquartered in Anhui province. With annual cement production capacity of 388 million metric tons in 2022, the firm is the second-largest cement manufacturer in China. Sales of self-produced products contributed about 71.9% of its 2022 revenue, with the remainder mainly from the trading business and service income.

Anhui Conch Cement Co (Anhui Conch Cement Co) Headlines

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