Meitu (MEIUF) Research & Development : $106.4 Mil (TTM As of Jun. 2024)

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What is Meitu Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Meitu's Research & Development for the six months ended in Jun. 2024 was $58.6 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2024 was $106.4 Mil.

Meitu Research & Development Historical Data

The historical data trend for Meitu'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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Meitu Research & Development Chart

Meitu Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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71.37

61.81

85.64

84.11

89.00

Meitu Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Research & Development	Get a 7-Day Free Trial															39.65	46.03	41.09	47.79	58.62

Meitu Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $106.4 Mil.

Meitu (OTCPK:MEIUF) 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.

Meitu Research & Development Related Terms

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Meitu Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Meitu Inc (OTCPK:MEIUF) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

01357:Hong Kong M5U:Germany M5U:Germany

Address

No. 2557 Binhai West Avenue, Meitu Tower, Building 2, Meifeng Innovation Valley, Tong’an District, Fujian Province, Xiamen, CHN

Website

https://www.meitu.com

Meitu Inc is an investment holding company. It is engaged in the provision of online advertising and other Internet value-added services by offering a portfolio of photo and community apps that enjoys popularity in the PRC and overseas and the smart hardware business involving the production of MeituEve: a commercial artificial intelligence skin analyser, MeituKey: a contact skin analyser, MeituSpa: an artificial intelligence cleansing brush and Meitu Genius: an artificial intelligence smart mirror.