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BKFCF (Bank of Communications Co) Research & Development : $0 Mil (TTM As of Sep. 2024)


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What is Bank of Communications Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Bank of Communications Co's Research & Development for the three months ended in Sep. 2024 was $0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2024 was $0 Mil.

Bank of Communications Co Research & Development Historical Data

The historical data trend for Bank of Communications 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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Bank of Communications Co Research & Development Chart

Bank of Communications Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
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Bank of Communications Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Bank of Communications 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 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.

Bank of Communications Co  (OTCPK:BKFCF) 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.

Bank of Communications Co Research & Development Related Terms

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Bank of Communications Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Communications Co Ltd (OTCPK:BKFCF) » Definitions » Research & Development
Comparable Companies
SHSE:601988 SHSE:601939 SHSE:601288 SHSE:601398 JPM BAC WFC LSE:HSBA TSX:RY ASX:CBA TSE:8306 C XSWX:UBSG TSE:8316 TSX:TD TSX:BNS ASX:NAB TSX:BMO ASX:WBC XMAD:SAN
Traded in Other Exchanges
BCMXY:USA 03328:Hong Kong C4C:Germany 601328:China
Address
No.188, Yin Cheng Zhong Lu, Pilot Free Trade Zone, Pudong New District, Shanghai, CHN, 200120
Website
https://www.bankcomm.com
Bank of Communications, or Bocom, is the only state-owned bank with headquarters in Shanghai. As one of China's four oldest banks, Bocom became China's first state-owned shareholding commercial bank in 1987. Today, Bocom is amid a strategic transformation, building itself into a global wealth-management bank with wide-ranging financial operations, including insurance, brokerage, trust, and asset management.