China Energy Engineering (SHSE:601868) Research & Development : ¥13,308 Mil (TTM As of Mar. 2024)

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What is China Energy Engineering Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. China Energy Engineering's Research & Development for the three months ended in Mar. 2024 was ¥1,615 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥13,308 Mil.

China Energy Engineering Research & Development Historical Data

The historical data trend for China Energy Engineering'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 Energy Engineering Research & Development Chart

China Energy Engineering Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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5,511.59

6,784.81

8,789.47

10,441.64

12,980.16

China Energy Engineering Quarterly Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Research & Development	Get a 7-Day Free Trial															1,286.79	2,878.99	2,753.99	6,060.38	1,614.79

China Energy Engineering 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 ¥13,308 Mil.

China Energy Engineering (SHSE:601868) 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 Energy Engineering Research & Development Related Terms

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China Energy Engineering (SHSE:601868) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » China Energy Engineering Corporation Ltd (SHSE:601868) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

03996:Hong Kong 2E5:Germany

Address

No. 26A West Dawang Road, Building 1, Room 01-2706, 1-24th Floor, Chaoyang District, Beijing, CHN, 100022

Website

https://www.ceec.net.cn

China Energy Engineering Corporation Ltd comprehensive solutions provider for the power industry in China and internationally. It is mainly engaged in Survey, design, and consulting services; Construction and contracting; Industrial manufacturing; Investment and operation; and other businesses. The company generates the majority of revenue from construction and contracting services for large scale power generation, transformation and transmission projects of fossil-fuel power, hydropower, nuclear power, wind farm and solar power in China and overseas, as well as undertaking other types of construction projects, such as water conservancy facilities, transportation, municipal engineering, industrial and civil construction projects.

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