Qingdao Foods Co (SZSE:001219) Research & Development

: ¥1.6 Mil (TTM As of Dec. 2023)

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Research & Development is the aggregate amount of research and development expenses during the year. Qingdao Foods Co's Research & Development for the three months ended in Dec. 2023 was ¥0.4 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was ¥1.6 Mil.

Qingdao Foods Co Research & Development Historical Data

The historical data trend for Qingdao Foods 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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Qingdao Foods Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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2.18

1.86

2.13

1.68

1.62

Qingdao Foods Co Quarterly Data
	Jun18	Dec18	Jun19	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															0.45	0.35	0.50	0.38	0.40

Qingdao Foods 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 ¥1.6 Mil.

Qingdao Foods Co (SZSE:001219) 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.

Qingdao Foods Co Research & Development Related Terms

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Qingdao Foods Co (SZSE:001219) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Qingdao Foods Co Ltd (SZSE:001219) » Definitions » Research & Development

Traded in Other Exchanges

N/A

Address

No. 2, Siliu Zhongzhi Road, Licang District, Shandong Province, Qingdao, CHN, 266041

Website

https://www.qdfood.com

Qingdao Foods Co Ltd is engaged in the research and development, production and sales of snack foods such as biscuits and peanut butter.

Qingdao Foods Co (SZSE:001219) Headlines

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