Ping An Insurance (Group) Co. of China (HKSE:02318) Research & Development : HK$0 Mil (TTM As of Mar. 2024)

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Ping An Insurance (Group) Co. of China Research & Development Definition

Research & Development is the aggregate amount of research and development expenses during the year. Ping An Insurance (Group) Co. of China's Research & Development for the three months ended in Mar. 2024 was HK$0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was HK$0 Mil.

Ping An Insurance (Group) Co. of China Research & Development Historical Data

The historical data trend for Ping An Insurance (Group) Co. 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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Ping An Insurance (Group) Co. of China Annual Data

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Research & Development

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Ping An Insurance (Group) Co. of China Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Research & Development	Get a 7-Day Free Trial															-	-	-	-	-

Ping An Insurance (Group) Co. 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$0 Mil.

Ping An Insurance (Group) Co. of China (HKSE:02318) 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.

Ping An Insurance (Group) Co. of China Research & Development Related Terms

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Ping An Insurance (Group) Co. of China (HKSE:02318) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Ping An Insurance (Group) Co. of China Ltd (HKSE:02318) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

PNGAY:USA PIAIF:USA PZX:Germany 601318:China PZX:Austria

Address

No. 5033 Yitian Road, Ping An Finance Center, 47th, 48th, 109th, 110th, 111th and 112th Floors, Futian District, Guangdong Province, Shenzhen, CHN, 518033

Website

https://www.pingan.cn

Founded in 1988, Ping An Insurance is an integrated financial service provider headquartered in Shenzhen. The company has a focus on the offerings of healthcare services and integrated financial products. Ping An is China's second-largest life and P&C insurer. The company strives for an integrated financial services platform comprising life insurance, P&C insurance, banking, other financial services, and technology. These business segments contributed 65%, 5%, 26%, 2%, and 4% of the company's operating profits, respectively, in 2022.

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