Zhejiang Guyuelongshan Shaoxing Wine Co (SHSE:600059) Research & Development : ¥30 Mil (TTM As of Mar. 2024)

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What is Zhejiang Guyuelongshan Shaoxing Wine Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Zhejiang Guyuelongshan Shaoxing Wine Co's Research & Development for the three months ended in Mar. 2024 was ¥8 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥30 Mil.

Zhejiang Guyuelongshan Shaoxing Wine Co Research & Development Historical Data

The historical data trend for Zhejiang Guyuelongshan Shaoxing Wine 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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Zhejiang Guyuelongshan Shaoxing Wine Co Research & Development Chart

Zhejiang Guyuelongshan Shaoxing Wine Co Annual Data

Trend

Dec14

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Dec22

Dec23

Research & Development

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10.67

15.54

18.95

19.41

28.22

Zhejiang Guyuelongshan Shaoxing Wine Co 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															6.66	6.34	4.75	10.47	8.03

Zhejiang Guyuelongshan Shaoxing Wine 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥30 Mil.

Zhejiang Guyuelongshan Shaoxing Wine Co (SHSE:600059) 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.

Zhejiang Guyuelongshan Shaoxing Wine Co Research & Development Related Terms

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Zhejiang Guyuelongshan Shaoxing Wine Co (SHSE:600059) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Zhejiang Guyuelongshan Shaoxing Wine Co Ltd (SHSE:600059) » Definitions » Research & Development

Traded in Other Exchanges

N/A

Address

Beihai Bridge, Shaoxing, Zhejiang, CHN, 312000

Website

http://www.shaoxingwine.com.cn

Zhejiang Guyuelongshan Shaoxing Wine Co Ltd is a China-based company engaged in the production and distribution of Chinese rice wine. Its main products consist of raw Chinese rice wine, bottled Chinese rice wine and a relatively small amount of fruit wine and distilled spirit. The company owns a range of brands including Gu Yue Long Shan, Nv Er Hong, Champion Red, Shen Yonghe as well as Jian Hu, among others.

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