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Zhongmiao Holdings (Qingdao) Co (HKSE:01471) Research & Development : HK$7.8 Mil (TTM As of Dec. 2024)


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What is Zhongmiao Holdings (Qingdao) Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Zhongmiao Holdings (Qingdao) Co's Research & Development for the six months ended in Dec. 2024 was HK$3.1 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2024 was HK$7.8 Mil.

Zhongmiao Holdings (Qingdao) Co Research & Development Historical Data

The historical data trend for Zhongmiao Holdings (Qingdao) 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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Zhongmiao Holdings (Qingdao) Co Research & Development Chart

Zhongmiao Holdings (Qingdao) Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Research & Development
5.80 7.64 7.81 7.74

Zhongmiao Holdings (Qingdao) Co Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24
Research & Development Get a 7-Day Free Trial - 4.61 3.20 4.72 3.06

Zhongmiao Holdings (Qingdao) 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 Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$7.8 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.

Zhongmiao Holdings (Qingdao) Co  (HKSE:01471) 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.

Zhongmiao Holdings (Qingdao) Co Research & Development Related Terms

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Zhongmiao Holdings (Qingdao) Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Zhongmiao Holdings (Qingdao) Co Ltd (HKSE:01471) » Definitions » Research & Development
Comparable Companies
HKSE:00222 HKSE:00662 HKSE:00376 MMC AJG AON BRO WTW ERIE BOM:543390 CRVL ASX:SDF BWIN GSHD ASX:AUB MEX:GPROFUT SAU:8313 XSGO:BANVIDA SLQT QDMI
Traded in Other Exchanges
N/A
Address
No. 1, Haier Road, Laoshan District, Shandong, Qingdao, CHN
Website
https://www.haierbx.net
Zhongmiao Holdings (Qingdao) Co Ltd is engaged in providing insurance agency service, IT services, and consulting services in the PRC. The company is primarily engaged in providing IT services. The company derives maximum revenue from the Insurance Agency business. The company is dedicated to distributing different insurance products covering (i) property insurance products, (ii) life and health insurance products, (iii) accident insurance products, and (iv) automobile insurance products, to both corporate and household insurance clients.
Executives
Qu Pengcheng

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