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


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What is China Construction Bank Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. China Construction Bank'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.

China Construction Bank Research & Development Historical Data

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

China Construction Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
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China Construction Bank 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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China Construction Bank 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.

China Construction Bank  (OTCPK:CICHY) 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.

China Construction Bank Research & Development Related Terms

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China Construction Bank (China Construction Bank) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » China Construction Bank Corp (OTCPK:CICHY) » Definitions » Research & Development
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SHSE:601988 SHSE:601288 SHSE:601398 SHSE:601328 JPM BAC WFC LSE:HSBA TSX:RY ASX:CBA C TSE:8306 TSX:TD XSWX:UBSG TSE:8316 XMAD:SAN TSX:BMO ASX:NAB XMAD:BBVA TSX:BNS
Traded in Other Exchanges
CICHF:USA 00939:Hong Kong C6T:Germany 601939:China
Address
No. 25, Finance Street, Xicheng District, Beijing, CHN, 100033
Website
http://www.ccb.com
As one of the big four banks, China Construction Bank is headquartered in Beijing. The bank went public on the Hong Kong Stock Exchange in 2005 and listed shares in mainland China in 2007. Central Huijin Investment, China's sovereign wealth fund manager is the largest shareholder with a 57% share. Fullerton Financial Holdings (a subsidiary of Temasek) is the company's second-largest shareholder with a 4.99% stake. CCB strives to provide customers with comprehensive financial services. Corporate banking, retail banking, and wholesale banking business segments accounted for 36%, 57%, and 7% of profit before tax, respectively, in 2022.