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


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What is China Minsheng Banking Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. China Minsheng Banking'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 Minsheng Banking Research & Development Historical Data

The historical data trend for China Minsheng Banking'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 Minsheng Banking Research & Development Chart

China Minsheng Banking Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
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China Minsheng Banking 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 Minsheng Banking 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 Minsheng Banking  (OTCPK:CMAKY) 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 Minsheng Banking Research & Development Related Terms

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China Minsheng Banking (China Minsheng Banking) Business Description

Address
No. 2, Fuxingmennei Avenue, Xicheng District, Beijing, CHN, 100031
Founded in 1996, China Minsheng Banking Corp. is one of the first privately owned commercial banks in China, with headquarters in Beijing. Its shares listed on the Shanghai Exchange in 2000, and on the Hong Kong Exchange in 2009. It positions itself as a bank for non-state-owned enterprises, micro- and small enterprises, and high-end retail customers. CMBC has a diversified shareholding structure, with over 23,000 banking outlets in 125 cities in China.

China Minsheng Banking (China Minsheng Banking) Headlines

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