Tian Ge Interactive Holdings (HKSE:01980) Research & Development : HK$19.20 Mil (TTM As of Dec. 2023)

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What is Tian Ge Interactive Holdings Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Tian Ge Interactive Holdings's Research & Development for the six months ended in Dec. 2023 was HK$6.09 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was HK$19.20 Mil.

Tian Ge Interactive Holdings Research & Development Historical Data

The historical data trend for Tian Ge Interactive Holdings'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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Tian Ge Interactive Holdings Research & Development Chart

Tian Ge Interactive Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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75.55

81.06

75.49

46.08

19.20

Tian Ge Interactive Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Research & Development	Get a 7-Day Free Trial															30.11	22.56	24.58	13.11	6.09

Tian Ge Interactive Holdings 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 semi-annually data reported by the company within the most recent 12 months, which was HK$19.20 Mil.

Tian Ge Interactive Holdings (HKSE:01980) 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.

Tian Ge Interactive Holdings Research & Development Related Terms

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Tian Ge Interactive Holdings (HKSE:01980) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Tian Ge Interactive Holdings Ltd (HKSE:01980) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

N/A

Address

Intime City Tower E, 12-14th Floor, Gongshu District, Hangzhou, CHN

Website

http://www.tiange.com

Tian Ge Interactive Holdings Ltd is a Chinese investment holding company that engages in the online entertainment business. The company develops and operates real-time video technology so its users can socialize and interact through video chat and text. The company is also involved with creating mobile game platforms, O2O Entertainments, and has a health, personal, and beauty care business. The firm's segments include Online interactive entertainment services and Others. Online interactive entertainment services comprise the vast majority of the firm's overall revenue. It mainly operates its business in China.

Tian Ge Interactive Holdings (HKSE:01980) Headlines

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