Jiayin Group (Jiayin Group) Research & Development : $41.6 Mil (TTM As of Dec. 2023)

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What is Jiayin Group Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Jiayin Group's Research & Development for the three months ended in Dec. 2023 was $13.0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was $41.6 Mil.

Jiayin Group Research & Development Historical Data

The historical data trend for Jiayin Group'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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Jiayin Group Research & Development Chart

Jiayin Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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28.72

23.18

22.57

31.08

41.50

Jiayin Group 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															9.24	9.40	9.51	9.67	13.01

Jiayin Group 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 $41.6 Mil.

Jiayin Group (NAS:JFIN) 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.

Jiayin Group Research & Development Related Terms

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Jiayin Group (Jiayin Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Jiayin Group Inc (NAS:JFIN) » Definitions » Research & Development

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Traded in Other Exchanges

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Address

No. 428 South Yanggao Road, Room 26F, 18th Floor, Building No. 1, Youyou Century Plaza, Pudong New Area, Shanghai, CHN, 200122

Website

http://www.jiayintech.cn

Jiayin Group Inc is China's technology service group. It is an enterprise engaged in technological innovation services. It is committed to using big data, cloud computing, artificial intelligence and other technologies to connect consumers and financial institutions in consumption scenarios so that every user can enjoy efficient and convenient technology services. The company has engraved technological innovation into the company's development genes since its establishment, adheres to the dual drive of digital + technology, and focuses on building a cloud service platform and intelligent risk control system with big data drive as the core concept.