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Vantone Neo Development Group Co (SHSE:600246) Research & Development : ¥8.9 Mil (TTM As of Mar. 2024)


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What is Vantone Neo Development Group Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Vantone Neo Development Group Co's Research & Development for the three months ended in Mar. 2024 was ¥1.3 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥8.9 Mil.


Vantone Neo Development Group Co Research & Development Historical Data

The historical data trend for Vantone Neo Development Group 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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Vantone Neo Development Group Co Research & Development Chart

Vantone Neo Development Group 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 - - - 3.03 8.26

Vantone Neo Development Group 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 0.66 1.20 0.88 5.53 1.33

Vantone Neo Development Group 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 ¥8.9 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.


Vantone Neo Development Group Co  (SHSE:600246) 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.


Vantone Neo Development Group Co Research & Development Related Terms

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Vantone Neo Development Group Co (SHSE:600246) Business Description

Traded in Other Exchanges
N/A
Address
No. 6, Chaowai Street, 4th Floor, Block D, Office Building, Chaoyang District, Beijing, CHN, 100020
Vantone Neo Development Group Co Ltd is engaged in residential property development business. The company is also involved in commercial properties leasing and operates residential community projects.
Executives
Zhao Yi Supervisors
Shi Ying senior management
Xue Jiang Lian Supervisors
Cheng Xiao Xi senior management
Yang Yi Qing senior management
Yang Jian Hua senior management
Xu Yun Chong senior management
Xu Li Director
Yun Da Jun Director
Wang Qing Hong senior management
Feng Lun Director
Hu Jia Fang Supervisors

Vantone Neo Development Group Co (SHSE:600246) Headlines

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