GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Chongqing Brewery Co Ltd (SHSE:600132) » Definitions » Research & Development

Chongqing Brewery Co (SHSE:600132) Research & Development : ¥30 Mil (TTM As of Mar. 2024)


View and export this data going back to 1997. Start your Free Trial

What is Chongqing Brewery Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Chongqing Brewery Co's Research & Development for the three months ended in Mar. 2024 was ¥5 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥30 Mil.

Chongqing Brewery Co Research & Development Historical Data

The historical data trend for Chongqing Brewery 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.

* Premium members only.

Chongqing Brewery Co Research & Development Chart

Chongqing Brewery Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 98.72 84.21 163.15 110.75 26.23

Chongqing Brewery Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.41 9.47 2.47 12.88 4.70

Chongqing Brewery 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 ¥30 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.

Chongqing Brewery Co  (SHSE:600132) 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.

Chongqing Brewery Co Research & Development Related Terms

Thank you for viewing the detailed overview of Chongqing Brewery Co's Research & Development provided by GuruFocus.com. Please click on the following links to see related term pages.

Chongqing Brewery Co (SHSE:600132) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Chongqing Brewery Co Ltd (SHSE:600132) » Definitions » Research & Development
Comparable Companies
SZSE:000729 SHSE:600779 SZSE:002461 SZSE:001338 SHSE:600238 SHSE:600573 SZSE:000995 SZSE:000752 SZSE:000929 SHSE:605499 XBRU:ABI XAMS:HEIA BSP:ABEV3 XAMS:HEIO OCSE:CARL B HKSE:01876 TSE:2502 HKSE:00291 TSX:TPX.B TAP
Traded in Other Exchanges
N/A
Address
No. 16 Shiyang Road, Shiqiaopu, Jiulongpo District, Chongqing, Chongqing, CHN, 400039
Website
http://www.chongqingbeer.com
Established in 1958 in Chongqing city, Chongqing Brewery is one of the major beer brewers in China. The company distributes a beer portfolio consisting international brands, such as Carlsberg, Tuborg, 1664, and domestic brands such as Chongqing. In 2013, the company became a subsidiary of Carlsberg Group after the latter acquired a 60% stake in the company. It became the sole operating platform of Carlsberg Group's China business in 2020, after the group injected all its China beer assets into Chongqing Brewery.

Chongqing Brewery Co (SHSE:600132) Headlines

No Headlines