Longfor Group Holdings (Longfor Group Holdings) Research & Development : $0 Mil (TTM As of Dec. 2023)

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What is Longfor Group Holdings Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Longfor Group Holdings's Research & Development for the six months ended in Dec. 2023 was $0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was $0 Mil.

Longfor Group Holdings Research & Development Historical Data

The historical data trend for Longfor Group Holdings'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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Longfor Group Holdings Research & Development Chart

Longfor Group Holdings Annual Data

Trend

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Research & Development

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Longfor Group Holdings Semi-Annual Data
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Research & Development	Get a 7-Day Free Trial															-	-	-	-	-

Longfor Group Holdings 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 Mil.

Longfor Group Holdings (OTCPK:LGFRY) 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.

Longfor Group Holdings Research & Development Related Terms

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Longfor Group Holdings (Longfor Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Longfor Group Holdings Ltd (OTCPK:LGFRY) » Definitions » Research & Development

Traded in Other Exchanges

LNGPF:USA 00960:Hong Kong RLF:Germany

Address

No. 8 Beiyuan Street, Building 6, Beijing Longfor Blue Engine Industrial Park, Chaoyang District, Beijing, CHN, 100012

Website

https://www.longfor.com

Longfor Group Holdings, or Longfor, is a privately owned real estate developer in China with contracted sales value placing it among the top 10 of all China's developers. The company focuses on developing high-quality residential projects, as well as operating shopping malls and rental apartments in China's wealthier cities. Property development represents the majority of Longfor's revenue and gross profit, while income from commercial properties, property management, and project management services have been growing fast. At the end of 2022, Wu Yajun remained Longfor's largest shareholder with an over 43% equity interest, while her ex-husband Cai Kui has a 23% stake.