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Jiangsu Yanghe Brewery JSC (SZSE:002304) Research & Development : ¥265 Mil (TTM As of Sep. 2023)


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What is Jiangsu Yanghe Brewery JSC Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Jiangsu Yanghe Brewery JSC's Research & Development for the three months ended in Sep. 2023 was ¥52 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2023 was ¥265 Mil.

Jiangsu Yanghe Brewery JSC Research & Development Historical Data

The historical data trend for Jiangsu Yanghe Brewery JSC'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.

Jiangsu Yanghe Brewery JSC Research & Development Chart

Jiangsu Yanghe Brewery JSC 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 27.57 159.97 260.09 258.46 253.58

Jiangsu Yanghe Brewery JSC 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 31.50 70.24 66.82 75.52 52.23

Jiangsu Yanghe Brewery JSC 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 ¥265 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.

Jiangsu Yanghe Brewery JSC  (SZSE:002304) 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.

Jiangsu Yanghe Brewery JSC Research & Development Related Terms

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Jiangsu Yanghe Brewery JSC (SZSE:002304) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Jiangsu Yanghe Brewery JSC Ltd (SZSE:002304) » Definitions » Research & Development
Comparable Companies
SZSE:000596 SHSE:603369 SHSE:600809 SHSE:603198 SZSE:000568 SHSE:600702 SHSE:603589 SZSE:000799 SHSE:600559 SZSE:000860 SHSE:600519 SZSE:000858 LSE:DGE XPAR:RI STZ BF.B MIL:CPR SGX:Y92 BOM:532432 CUERVO
Traded in Other Exchanges
N/A
Address
No. 118 Middle Avenue, Yanghe Town, Jiangsu Province, Suqian, CHN, 223800
Website
https://www.chinayanghe.com
Jiangsu Yanghe Brewery, founded in 2002, manufactures and markets baijiu (a distilled Chinese liquor) under the Yanghe, Shuanggou, and Sujiu brands. Yanghe's key products include the Blue Classic series, which accounted for about 80% of total sales, such as premium Dream Blue, mid- to high-end Sky Blue, and mass-market Ocean Blue. The company achieved revenue of CNY 30 billion in 2022, with half of sales from the non-Jiangsu market, leveraging its more than 8,000 distributors across China.

Jiangsu Yanghe Brewery JSC (SZSE:002304) Headlines

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