New China Life Insurance Co (HKSE:01336) Research & Development : HK$0 Mil (TTM As of Mar. 2024)

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What is New China Life Insurance Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. New China Life Insurance Co's Research & Development for the three months ended in Mar. 2024 was HK$0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was HK$0 Mil.

New China Life Insurance Co Research & Development Historical Data

The historical data trend for New China Life Insurance 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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New China Life Insurance Co Research & Development Chart

New China Life Insurance Co Annual Data

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Research & Development

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New China Life Insurance Co Quarterly Data
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Research & Development	Get a 7-Day Free Trial															-	-	-	-	-

New China Life Insurance 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$0 Mil.

New China Life Insurance Co (HKSE:01336) 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.

New China Life Insurance Co Research & Development Related Terms

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New China Life Insurance Co (HKSE:01336) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » New China Life Insurance Co Ltd (HKSE:01336) » Definitions » Research & Development

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Traded in Other Exchanges

NWWCF:USA NCL:Germany 601336:China

Address

A12 Jianguomenwai Avenue, New China Insurance Tower, Chaoyang District, Beijing, CHN, 100022

Website

https://www.newchinalife.com

Headquartered in Beijing, New China Life Insurance, or NCI, was founded by SOEs and private firms in 1996. The company is the fourth-largest life insurer in China in terms of total assets. Huijin Investment, the government's investment company owns 31% shares of New China Life. The company was listed on the Hong Kong and Shanghai Stock Exchanges in 2011. New China Life offers comprehensive life insurance products and services to individual customers and institutional customers through nationwide distributional networks and diversified marketing channels, manages and deploys insurance funds through its subsidiaries, including Asset Management Company and Asset Management Company (Hong Kong).

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