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Zhongman Petroleum And Natural Gas Group (SHSE:603619) Research & Development : ¥125 Mil (TTM As of Mar. 2024)


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What is Zhongman Petroleum And Natural Gas Group Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Zhongman Petroleum And Natural Gas Group's Research & Development for the three months ended in Mar. 2024 was ¥18 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥125 Mil.


Zhongman Petroleum And Natural Gas Group Research & Development Historical Data

The historical data trend for Zhongman Petroleum And Natural Gas 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.

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Zhongman Petroleum And Natural Gas Group Research & Development Chart

Zhongman Petroleum And Natural Gas 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 100.98 70.54 60.55 116.54 135.20

Zhongman Petroleum And Natural Gas 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 27.72 49.41 26.40 31.67 17.69

Zhongman Petroleum And Natural Gas 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 ¥125 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.


Zhongman Petroleum And Natural Gas Group  (SHSE:603619) 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.


Zhongman Petroleum And Natural Gas Group Research & Development Related Terms

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Zhongman Petroleum And Natural Gas Group (SHSE:603619) Business Description

Traded in Other Exchanges
N/A
Address
No. 3998 Jiangshan Road, Pudong New Area, Shanghai, CHN
Zhongman Petroleum And Natural Gas Group Corp Ltd is a drilling engineering contractor and manufacturer of petroleum drilling equipment. It is also engaged in oil and gas exploration, geological engineering, installation of CNG/LNG Vehicle Fueling Stations and international trade.
Executives
Li Pei Lian Director
Zhu Yong Zhen Supervisors

Zhongman Petroleum And Natural Gas Group (SHSE:603619) Headlines

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