SK Innovation Co (XKRX:096775) Research & Development : ₩417,242 Mil (TTM As of Dec. 2023)

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What is SK Innovation Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. SK Innovation Co's Research & Development for the three months ended in Dec. 2023 was ₩62,123 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was ₩417,242 Mil.

SK Innovation Co Research & Development Historical Data

The historical data trend for SK Innovation 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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SK Innovation Co Research & Development Chart

SK Innovation Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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227,441.00

253,612.00

363,341.00

417,652.00

417,243.00

SK Innovation 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															120,049.00	128,703.00	122,532.00	103,884.00	62,123.00

SK Innovation 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 ₩417,242 Mil.

SK Innovation Co (XKRX:096775) 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.

SK Innovation Co Research & Development Related Terms

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SK Innovation Co (XKRX:096775) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » SK Innovation Co Ltd (XKRX:096775) » Definitions » Research & Development

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Traded in Other Exchanges

096770:Korea

Address

SK Building, 26, Jong-ro, Jongno-gu, Seoul, KOR

Website

http://www.skinnovation.com

SK Innovation Co Ltd is a global energy and chemical company. It operates in petroleum production, refining, chemicals, and lubricants. Operations are divided into four segments: Petroleum, Petrochemicals, Lubricants, and Others. The Petroleum segment provides majority of the revenue for the group. SK engages in exploration and production activities around the world. Petroleum products like gasoline, diesel, and asphalt are produced at its refineries in Korea. The business has a network of gas stations with a paid membership service. Additional subsidiaries under the Petroleum segment provide customized service information for freight truck business operators and a website for enterprise customers of SK Energy.

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