Zijin Mining Group Co (SHSE:601899) Research & Development : ¥1,589 Mil (TTM As of Sep. 2024)

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What is Zijin Mining Group Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Zijin Mining Group Co's Research & Development for the three months ended in Sep. 2024 was ¥444 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2024 was ¥1,589 Mil.

Zijin Mining Group Co Research & Development Historical Data

The historical data trend for Zijin Mining 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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Zijin Mining Group Co Research & Development Chart

Zijin Mining Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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476.34

582.52

770.66

1,231.55

1,566.91

Zijin Mining Group Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Research & Development	Get a 7-Day Free Trial															396.93	436.81	326.10	382.06	444.43

Zijin Mining 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥1,589 Mil.

Zijin Mining Group Co (SHSE:601899) 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.

Zijin Mining Group Co Research & Development Related Terms

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Zijin Mining Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Zijin Mining Group Co Ltd (SHSE:601899) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

ZIJMY:USA ZIJMF:USA 02899:Hong Kong FJZB:Germany FJZ:Germany FJZ:Germany

Address

No.1 Zijin Road, Zijin Tower, Fujian Province, Shanghang County, Longyan, CHN, 364200

Website

https://www.zjky.cn

Zijin Mining Group Co Ltd is focusing on the exploration and development of gold and copper and other metal mineral resources. The company's operating segment includes Gold bullion; Processed, refined, and trading gold; Gold concentrates; Electrolytic copper & electrodeposited copper; Refined copper; Copper concentrates; Other concentrates; Zinc bullion, Environmental protection, trading, and others. It generates maximum revenue from the Processed, refined & trading gold segment. The Processed, refined, and trading gold segment is engaged in the production of gold bullion by processing gold concentrates produced by the group or purchased from external suppliers and gold bullion in the business of physical gold trading. Geographically, the majority is derived from Mainland China.

Executives

Cao San Xing	Supervisors
Wu Hong Hui	senior management
Long Yi	senior management
Que Chao Yang	senior management
Chen Jing He	Director
Zheng You Cheng	senior management
Xie Xiong Hui	Director
Lin Hong Ying	Director
Shen Shao Yang	senior management
Jiang Kai Xi	senior management
Lan Fu Sheng	Director
Lin Hong Fu	Director
Zou Lai Chang	Director
Liu Wen Hong	Supervisors
Liu Qiang	senior management

Zijin Mining Group Co Headlines

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