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Anhui Construction Engineering Group (SHSE:600502) Research & Development : ¥1,808 Mil (TTM As of Mar. 2024)


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What is Anhui Construction Engineering Group Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Anhui Construction Engineering Group's Research & Development for the three months ended in Mar. 2024 was ¥166 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥1,808 Mil.


Anhui Construction Engineering Group Research & Development Historical Data

The historical data trend for Anhui Construction Engineering Group'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.

Anhui Construction Engineering Group Research & Development Chart

Anhui Construction Engineering Group 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 426.24 704.11 1,199.53 1,474.46 1,839.04

Anhui Construction Engineering Group 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 197.17 434.26 618.21 589.39 166.15

Anhui Construction Engineering Group 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 ¥1,808 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.


Anhui Construction Engineering Group  (SHSE:600502) 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.


Anhui Construction Engineering Group Research & Development Related Terms

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Anhui Construction Engineering Group (SHSE:600502) Business Description

Traded in Other Exchanges
N/A
Address
No. 5183 Donghai Avenue, Anhui Province, Bangbu, CHN, 233010
Anhui Construction Engineering Group Corp Ltd is engaged in the construction of water conservancy and hydropower engineering construction, highway engineering construction, municipal and public works construction, port and waterway engineering construction, electromechanical engineering construction; highway subgrade engineering, highway pavement engineering, and bridge engineering.

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