China State Construction Engineering (SHSE:601668) Research & Development : ¥46,074 Mil (TTM As of Dec. 2023)

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What is China State Construction Engineering Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. China State Construction Engineering's Research & Development for the three months ended in Dec. 2023 was ¥18,315 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was ¥46,074 Mil.

China State Construction Engineering Research & Development Historical Data

The historical data trend for China State Construction Engineering'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 State Construction Engineering Research & Development Chart

China State Construction Engineering Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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17,289.94

25,522.57

40,019.75

49,753.24

46,073.57

China State Construction Engineering 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															21,749.86	6,444.19	12,926.03	8,388.07	18,315.29

China State Construction Engineering 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 ¥46,074 Mil.

China State Construction Engineering (SHSE:601668) 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 State Construction Engineering Research & Development Related Terms

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China State Construction Engineering (SHSE:601668) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » China State Construction Engineering Corp Ltd (SHSE:601668) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

N/A

Address

Anding Road, Building 3, Courtyard 5, China Construction Fortune International Center, Chaoyang District, Beijing, CHN, 100029

Website

https://www.cscec.com

China State Construction Engineering Corp Ltd is a construction and real estate conglomerate. Its operating segments are Building construction engineering, Infrastructure construction & investment, Real estate development & investment, Prospecting & design, and Others. The majority of its revenue comes from the Building construction engineering segment. The company undertakes construction, installation, and consulting of domestic and domestic public and civil building construction projects; investment and construction of infrastructure projects; real estate investment and development at home and abroad; survey and design of construction; decoration engineering, and garden engineering. Geographically it generates a vast majority of its revenue from Mainland China.

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