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Newborn Town (HKSE:09911) Research & Development : HK$344 Mil (TTM As of Dec. 2023)


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What is Newborn Town Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Newborn Town's Research & Development for the six months ended in Dec. 2023 was HK$195 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was HK$344 Mil.

Newborn Town Research & Development Historical Data

The historical data trend for Newborn Town'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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Newborn Town Research & Development Chart

Newborn Town Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial 22.56 69.39 160.23 236.82 344.02

Newborn Town Semi-Annual Data
Dec16 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 94.49 106.74 135.14 149.28 194.74

Newborn Town 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 HK$344 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.

Newborn Town  (HKSE:09911) 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.

Newborn Town Research & Development Related Terms

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Newborn Town (HKSE:09911) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Newborn Town Inc (HKSE:09911) » Definitions » Research & Development
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Traded in Other Exchanges
N/A
Address
Xiaoyun Road 33rd Building, 6th Floor, Tower B, Chaoyang District, Beijing, CHN
Website
https://www.newborntown.com
Newborn Town Inc is a mobile app developer and mobile advertising platform services provider based on AI technologies. The company operates through two segments namely, Social networking business and Innovative business. It generates majority revenue from Social networking business segment.
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