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Rongan Property Co (SZSE:000517) Research & Development : ¥25 Mil (TTM As of Sep. 2023)


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What is Rongan Property Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Rongan Property Co's Research & Development for the three months ended in Sep. 2023 was ¥8 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2023 was ¥25 Mil.

Rongan Property Co Research & Development Historical Data

The historical data trend for Rongan Property 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.

Rongan Property Co Research & Development Chart

Rongan Property Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 68.65 34.94 38.14

Rongan Property 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 17.47 4.90 5.03 7.65 7.60

Rongan Property 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 ¥25 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.

Rongan Property Co  (SZSE:000517) 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.

Rongan Property Co Research & Development Related Terms

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Rongan Property Co (SZSE:000517) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Rongan Property Co Ltd (SZSE:000517) » Definitions » Research & Development
Comparable Companies
SZSE:000058 SZSE:000631 SHSE:600158 SHSE:600604 SHSE:600724 SHSE:600603 SHSE:600790 SZSE:000560 SZSE:000711 SHSE:600620 TSE:8903 CSGP CBRE XMAD:CLNX TSE:8830 BEKE ADX:QHOLDING HKSE:01972 OSTO:AKEL D MIL:INW
Traded in Other Exchanges
N/A
Address
No. 513, Lingqiao Road, 15th Floor, Haishu District, Zhejiang, Ningbo, CHN, 315010
Website
http://www.rongan.com.cn
Rongan Property Co Ltd is a China-based company engages in the development, operation, and distribution of real estate. Its business activities include the sale of real estate properties, property management, and house leasing services. It is also engaged in the construction of commercial properties such as parking lots. It also offers multi-story apartments, small and high-rise apartments and business buildings.

Rongan Property Co (SZSE:000517) Headlines

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