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China Three Gorges Renewables (Group) Co (SHSE:600905) Research & Development : ¥19 Mil (TTM As of Sep. 2023)


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What is China Three Gorges Renewables (Group) Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. China Three Gorges Renewables (Group) Co's Research & Development for the three months ended in Sep. 2023 was ¥9 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2023 was ¥19 Mil.

China Three Gorges Renewables (Group) Co Research & Development Historical Data

The historical data trend for China Three Gorges Renewables (Group) 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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China Three Gorges Renewables (Group) Co Research & Development Chart

China Three Gorges Renewables (Group) Co Annual Data
Trend Dec08 Dec09 Dec10 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 1.53 1.31 7.42 14.33

China Three Gorges Renewables (Group) Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.01 10.63 0.01 0.02 8.77

China Three Gorges Renewables (Group) 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥19 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.

China Three Gorges Renewables (Group) Co  (SHSE:600905) 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.

China Three Gorges Renewables (Group) Co Research & Development Related Terms

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China Three Gorges Renewables (Group) Co (SHSE:600905) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » China Three Gorges Renewables (Group) Co Ltd (SHSE:600905) » Definitions » Research & Development
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SHSE:600025 SZSE:001289 SHSE:600886 SHSE:600795 SZSE:000883 SZSE:002608 SZSE:000539 SHSE:600021 SZSE:000591 SHSE:601016 CEG ISX:BREN WBO:VER XPRA:CEZ OCSE:ORSTED BOM:541450 XLIS:EDPR BSP:ELET3 BKK:GULF TSE:9503
Traded in Other Exchanges
N/A
Address
No. 1, Gongyuan Street, Room 206-23, 2nd Floor, Building 1, Tongzhou District, Beijing, CHN, 101149
Website
https://www.ctgne.com
China Three Gorges Renewables, or CTGR, is one of China's largest renewable energy producers. The firm operates wind farms, photovoltaic power plants, hydro-electric power plants, and energy storage projects. CTGR has a total generation capacity of about 26.5 gigawatts as of the end of 2022. In particular, the firm is also one of the largest offshore wind farm operators in China, with 4.9 GW of installed capacity at the end of 2022, representing about 16% of China's total capacity. Parent company, China Three Gorges, a state-owned enterprise, owns approximately 52.4% of CTGR's issued shares as of the end of 2022.

China Three Gorges Renewables (Group) Co (SHSE:600905) Headlines

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