Saudi Basic Industries (SAU:2010) Research & Development : ﷼1,902 Mil (TTM As of Dec. 2023)

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What is Saudi Basic Industries Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Saudi Basic Industries's Research & Development for the three months ended in Dec. 2023 was ﷼516 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was ﷼1,902 Mil.

Saudi Basic Industries Research & Development Historical Data

The historical data trend for Saudi Basic Industries'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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Saudi Basic Industries Research & Development Chart

Saudi Basic Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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2,105.32

1,414.51

1,911.25

1,855.96

1,893.09

Saudi Basic Industries 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															491.74	453.69	454.12	478.24	516.25

Saudi Basic Industries 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 ﷼1,902 Mil.

Saudi Basic Industries (SAU:2010) 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.

Saudi Basic Industries Research & Development Related Terms

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Saudi Basic Industries (SAU:2010) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Saudi Basic Industries Corp (SAU:2010) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

N/A

Address

Qurtubah District, P.O. Box 5101, Riyadh, SAU, 11422

Website

http://www.sabic.com

Saudi Basic Industries Corp is a chemical manufacturer in Saudi Arabia. The primary business segments of the company are Petrochemicals and Specialties, Agri-nutrients, and Hadeed. In Petrochemicals and Specialties segment products are produced from hydrocarbon feedstock including methane, ethane, and propane, it also includes the production of a range of fertilisers; including urea, ammonia, phosphate, as well as compound fertilisers. The Hadeed is concerned with production of steel products, long products and flat products. The company derives maximum revenue from Petrochemicals and Specialties segment. Geographically, it generates maximum revenue from Europe.

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