China Film Co (SHSE:600977) Research & Development : ¥51 Mil (TTM As of Mar. 2024)

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What is China Film Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. China Film Co's Research & Development for the three months ended in Mar. 2024 was ¥8 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥51 Mil.

China Film Co Research & Development Historical Data

The historical data trend for China Film 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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China Film Co Research & Development Chart

China Film Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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96.55

58.15

70.88

47.19

51.22

China Film 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															7.84	15.17	2.80	25.40	7.93

China Film 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 ¥51 Mil.

China Film Co (SHSE:600977) 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.

China Film Co Research & Development Related Terms

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China Film Co (SHSE:600977) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » China Film Co Ltd (SHSE:600977) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 7 Beizhan North Street, Block E, Huayuan Enterprise, Xicheng District, Beijing, CHN

Website

http://www.chinafilm.com

China Film Co Ltd is a China-based company engaged in the production and distribution of films. It is also involved in the production of television programs, operating and managing theatres, and providing film screening, marketing, and brokerage services. The company's production areas include two-dimensional animation, three-dimensional animation, three-dimensional animation, grid-by-frame animation and other mainstream animation production at home and abroad. The production of the animation includes dolls, clay dolls, paper-cutting, sand and other forms, and further in-depth development of production equipment and processes overseas.

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