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Beijing Piesat Information Technology Co (SHSE:688066) Research & Development : ¥382 Mil (TTM As of Mar. 2024)


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What is Beijing Piesat Information Technology Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Beijing Piesat Information Technology Co's Research & Development for the three months ended in Mar. 2024 was ¥71 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥382 Mil.


Beijing Piesat Information Technology Co Research & Development Historical Data

The historical data trend for Beijing Piesat Information 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.

Beijing Piesat Information Technology Co Research & Development Chart

Beijing Piesat Information Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial 88.74 130.50 211.22 295.64 382.55

Beijing Piesat Information 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 71.94 102.34 100.29 107.98 71.31

Beijing Piesat Information 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 ¥382 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.


Beijing Piesat Information Technology Co  (SHSE:688066) 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.


Beijing Piesat Information Technology Co Research & Development Related Terms

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Beijing Piesat Information Technology Co (SHSE:688066) Business Description

Traded in Other Exchanges
N/A
Address
Xingshikou Road, Room 301, 3rd Floor, Building 5, 4th District, Haidian District, Beijing, CHN, 100195
Beijing Piesat Information Technology Co Ltd is a satellite application service provider in China. It is one of the first platform companies in china to engage in satellite applications and spatiotemporal big data empowerment industries. Its business model of digitization and information services, which is a domestic and internationally advanced smart earth spatio-temporal big data service provider. The company provides a full range of products and services which is based on multi-source remote sensing big data that is developed based on the independent intellectual property PIE-Engine remote sensing cloud service platform.

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