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Qing Cloud Technologies (SHSE:688316) Research & Development

: ¥85.8 Mil (TTM As of Sep. 2023)
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Research & Development is the aggregate amount of research and development expenses during the year. Qing Cloud Technologies's Research & Development for the three months ended in Sep. 2023 was ¥19.0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2023 was ¥85.8 Mil.

Qing Cloud Technologies Research & Development Historical Data

The historical data trend for Qing Cloud Technologies'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.

Qing Cloud Technologies Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Research & Development
Premium Member Only 64.27 69.54 75.64 134.82 125.69

Qing Cloud Technologies Quarterly Data
Dec17 Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Research & Development 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 Premium Member Only Premium Member Only Premium Member Only 31.03 20.19 23.96 22.61 19.03

Qing Cloud Technologies 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 ¥85.8 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.

Qing Cloud Technologies  (SHSE:688316) 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.

Qing Cloud Technologies Research & Development Related Terms

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Qing Cloud Technologies (SHSE:688316) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Qing Cloud Technologies Corp (SHSE:688316) » Definitions » Research & Development
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Traded in Other Exchanges
N/A
Address
No. 36, Chuangyuan Road, Room 601, 6th Floor, Building 16, Chaoyang District, Beijing, CHN, 100020
Website
https://www.qingcloud.com
Qing Cloud Technologies Corp is a technology enterprise level cloud service provider and digital transformation solution provider. It is committed towards providing a solid foundation for the efficient operation of the digital world through a set of independent innovation, neutral, reliable, flexible and open full-dimensional cloud platform.

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