GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » The9 Ltd (FRA:FZK0) » Definitions » Research & Development

The9 (FRA:FZK0) Research & Development : €0.25 Mil (TTM As of Dec. 2023)


View and export this data going back to 2004. Start your Free Trial

What is The9 Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. The9's Research & Development for the six months ended in Dec. 2023 was €0.14 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was €0.25 Mil.

The9 Research & Development Historical Data

The historical data trend for The9'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.

The9 Research & Development Chart

The9 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 1.68 0.31 0.27 0.33 0.25

The9 Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.12 0.09 0.24 0.11 0.14

The9 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 semi-annually data reported by the company within the most recent 12 months, which was €0.25 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.

The9  (FRA:FZK0) 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.

The9 Research & Development Related Terms

Thank you for viewing the detailed overview of The9's Research & Development provided by GuruFocus.com. Please click on the following links to see related term pages.

The9 Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » The9 Ltd (FRA:FZK0) » Definitions » Research & Development
Comparable Companies
SRL CURN SIEB MDBH SDIG BTCS WAI TOP HGBL BTM MS GS SCHW ASX:MQG SHSE:600030 HOOD TW BSP:BPAC3 LPLA SHSE:601066
Traded in Other Exchanges
NCTY:USA
Address
17 Floor, No. 130 Wu Song Road, Hong Kou District, Shanghai, CHN, 200080
Website
https://www.the9.com
The9 Ltd operates a cryptocurrency mining business. It provides computing power, or hash rate, to a Bitcoin mining pool and is entitled to receive a fractional share of Bitcoin award from the Bitcoin mining pool in return. The company generates its revenues from customers in Greater China and other areas.

The9 Headlines

No Headlines