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Anton Oilfield Services Group (FRA:5AO) Research & Development : €15.1 Mil (TTM As of Jun. 2024)


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What is Anton Oilfield Services Group Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Anton Oilfield Services Group's Research & Development for the six months ended in Jun. 2024 was €6.3 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2024 was €15.1 Mil.


Anton Oilfield Services Group Research & Development Historical Data

The historical data trend for Anton Oilfield Services Group'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.

Anton Oilfield Services Group Research & Development Chart

Anton Oilfield Services Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.63 7.08 9.83 10.87 14.34

Anton Oilfield Services Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 5.19 5.90 5.58 8.78 6.31

Anton Oilfield Services Group Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €15.1 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.


Anton Oilfield Services Group  (FRA:5AO) 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.


Anton Oilfield Services Group Research & Development Related Terms

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Anton Oilfield Services Group Business Description

Traded in Other Exchanges
Address
No. 8, Pingcui West Road, Donghuqu, Chaoyang District, Beijing, CHN, 100102
Anton Oilfield Services Group is an investment holding company principally engaged in the provision of integrated oil and gas field development technical services. The Company operates its business through the following segments; Oilfield technical services, Oilfield management services, Drilling rig services, and Inspection services. The majority of the company's revenue is generated from the Oilfield technical services segment which covers the full life cycle of oil and gas development, including geological technology, drilling technology, well completion and stimulation technology as well as asset leasing services for the industry. Geographically, the firm derives its key revenue from the Republic of Iraq followed by the People's Republic of China, and other countries.

Anton Oilfield Services Group Headlines

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