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Bank Of China (Bank Of China) Research & Development : $0 Mil (TTM As of Dec. 2023)


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What is Bank Of China Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Bank Of China's Research & Development for the three months ended in Dec. 2023 was $0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was $0 Mil.

Bank Of China Research & Development Historical Data

The historical data trend for Bank Of China'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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Bank Of China Research & Development Chart

Bank Of China Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
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Bank Of China Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Bank Of China 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 $0 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.

Bank Of China  (OTCPK:BACHY) 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.

Bank Of China Research & Development Related Terms

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Bank Of China (Bank Of China) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank Of China Ltd (OTCPK:BACHY) » Definitions » Research & Development
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Traded in Other Exchanges
BACHF:USA 03988:Hong Kong W8V:Germany 601988:China
Address
No. 1 Fuxingmen Nei Dajie, Xicheng District, Beijing, CHN, 100818
Website
https://www.boc.cn
Bank of China was founded in 1912 with headquarter in Beijing. The bank has evolved as a central bank, international exchange bank, and state-owned bank specializing in foreign trade business. BOC was listed on the Hong Kong and Shanghai stock exchanges in 2006. It provides a comprehensive range of financial services to customers across greater China and overseas. Central Huijin, a Chinese state-owned investment company and BOC's largest shareholder, controls 64%.

Bank Of China (Bank Of China) Headlines

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