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Cosco Shipping Development Co (Cosco Shipping Development Co) Research & Development : $12 Mil (TTM As of Dec. 2023)


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What is Cosco Shipping Development Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Cosco Shipping Development Co's Research & Development for the three months ended in Dec. 2023 was $4 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was $12 Mil.


Cosco Shipping Development Co Research & Development Historical Data

The historical data trend for Cosco Shipping Development 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.

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Cosco Shipping Development Co Research & Development Chart

Cosco Shipping Development 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 1.35 3.30 11.67 13.51 12.18

Cosco Shipping Development 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 2.49 1.35 2.44 3.98 4.36

Cosco Shipping Development 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 $12 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.


Cosco Shipping Development Co  (OTCPK:CITAY) 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.


Cosco Shipping Development Co Research & Development Related Terms

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Cosco Shipping Development Co (Cosco Shipping Development Co) Business Description

Address
Room A-538, International Trade Building, Pilot Free Trade Zone, Shanghai, CHN, 200127
COSCO SHIPPING Development Co Ltd is a China-based company operating and managing container shipping. Its services include container transportation, vessel chartering, cargo canvassing and booking, customs clearance, depot services, container construction, sales, purchase, and vessel management. The operating business segments are the Shipping and industry-related leasing segment, which renders vessel chartering, container leasing, and finance lease services, the Container manufacturing segment, which manufactures and sells containers, Investment and services segment, which focuses on equity or debt investment and insurance brokerage services; and Other businesses segment comprises, principally, cargo and liner agency services.

Cosco Shipping Development Co (Cosco Shipping Development Co) Headlines

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