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Changzheng Engineering Technology Co (SHSE:603698) Research & Development : ¥137 Mil (TTM As of Mar. 2024)


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What is Changzheng Engineering Technology Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Changzheng Engineering Technology Co's Research & Development for the three months ended in Mar. 2024 was ¥20 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥137 Mil.


Changzheng Engineering Technology Co Research & Development Historical Data

The historical data trend for Changzheng Engineering Technology 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.

* Premium members only.

Changzheng Engineering Technology Co Research & Development Chart

Changzheng Engineering Technology Co 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 71.96 111.21 157.88 128.64 161.04

Changzheng Engineering Technology 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 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 44.29 22.29 33.30 61.17 20.35

Changzheng Engineering Technology 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 ¥137 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.


Changzheng Engineering Technology Co  (SHSE:603698) 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.


Changzheng Engineering Technology Co Research & Development Related Terms

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Changzheng Engineering Technology Co (SHSE:603698) Business Description

Traded in Other Exchanges
N/A
Address
No. 141, Jinghai 4th Road, Beijing Economic and Technological Development Zone, Ludong District, Beijing, CHN, 101111
Changzheng Engineering Co Ltd is the National Technology Engineering Research Center for Pulverized Coal Pressurized Gasification in the industry. The company provides various services such as Simulation training, Driving service, Zero inventory service, Remote service, and others. Its project construction involves Ruixing Project, Xinjiang Manais 40/60 project, Ammonia plant with 300 thousand tons/year of Anhui Haoyuan Chemical Company, and others.

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