Qingdao Richen Food Co (SHSE:603755) Research & Development : ¥12.8 Mil (TTM As of Sep. 2024)

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What is Qingdao Richen Food Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Qingdao Richen Food Co's Research & Development for the three months ended in Sep. 2024 was ¥3.2 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2024 was ¥12.8 Mil.

Qingdao Richen Food Co Research & Development Historical Data

The historical data trend for Qingdao Richen Food 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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Qingdao Richen Food Co Research & Development Chart

Qingdao Richen Food Co Annual Data

Trend

Dec14

Dec15

Dec16

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Dec18

Dec19

Dec20

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Dec22

Dec23

Research & Development

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9.61

9.54

11.35

11.50

12.51

Qingdao Richen Food 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															3.33	2.94	3.37	3.21	3.24

Qingdao Richen Food 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 ¥12.8 Mil.

Qingdao Richen Food Co (SHSE:603755) 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.

Qingdao Richen Food Co Research & Development Related Terms

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Qingdao Richen Food Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Qingdao Richen Food Co Ltd (SHSE:603755) » Definitions » Research & Development

Traded in Other Exchanges

N/A

Address

Number 20, Longshan Road, Qingdao Environmental Protection Industrial Park, Jimo District, Shandong Province, Qingdao, CHN, 266200

Website

http://www.richen-qd.cn

Qingdao Richen Food Co Ltd produces seasonings, sauces, and other products. The group exports the products mainly to Asia, Europe and America. The products are widely used in various types of barbecue, fried food and prepared food production.

Executives

Zhang Hua Jun	Directors, senior managers
Sui Xi Dang	Supervisors
Cui Bao Jun	Directors, senior managers
Chen Ying	Directors, senior managers
Qu Hong Liang	Director

Qingdao Richen Food Co Headlines

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