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Shandong Gold Mining Co (SHSE:600547) Research & Development : ¥487 Mil (TTM As of Dec. 2023)


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What is Shandong Gold Mining Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Shandong Gold Mining Co's Research & Development for the three months ended in Dec. 2023 was ¥168 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was ¥487 Mil.

Shandong Gold Mining Co Research & Development Historical Data

The historical data trend for Shandong Gold Mining 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.

* Premium members only.

Shandong Gold Mining Co Research & Development Chart

Shandong Gold Mining Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 333.05 390.49 345.61 399.57 487.20

Shandong Gold Mining 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 112.45 67.28 97.63 154.53 167.75

Shandong Gold Mining 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 ¥487 Mil.

* 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.

Shandong Gold Mining Co  (SHSE:600547) 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.

Shandong Gold Mining Co Research & Development Related Terms

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Shandong Gold Mining Co (SHSE:600547) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Shandong Gold Mining Co Ltd (SHSE:600547) » Definitions » Research & Development
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SHSE:600489 SHSE:600988 SZSE:001337 SHSE:601069 SHSE:601899 NEM TSX:AEM TSX:ABX TSX:FNV TSX:WPM JSE:GFI MIC:PLZL ASX:NST AU RGLD TSX:K TSX:AGI TSX:PAAS JSE:HAR LSE:EDV
Traded in Other Exchanges
01787:Hong Kong 188H:Germany
Address
No. 2503 Jingshi Road, Licheng District, Shandong Province, Jinan, CHN, 250107
Website
http://www.sdhjgf.com.cn
Shandong Gold Mining Co Ltd is a China-based company engaged in the exploration, mining, and smelting of gold mines. It is also engaged in the purification, processing, manufacturing, and distribution of precious metal, nonferrous metal products, and gold jewelry. The operating segments of the company are Gold Mining, Gold Refining, and Investment Management. It derives key revenue from the Gold Refining segment which involves the production and sales of gold. The group operates in the PRC and Outside PRC, of which most of the revenue is from the PRC.

Shandong Gold Mining Co (SHSE:600547) Headlines

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