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Shanxi Coking Coal Energy Group Co (SZSE:000983) Research & Development : ¥1,277 Mil (TTM As of Dec. 2023)


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What is Shanxi Coking Coal Energy Group Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Shanxi Coking Coal Energy Group Co's Research & Development for the three months ended in Dec. 2023 was ¥432 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was ¥1,277 Mil.


Shanxi Coking Coal Energy Group Co Research & Development Historical Data

The historical data trend for Shanxi Coking Coal Energy 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.

* Premium members only.

Shanxi Coking Coal Energy Group Co Research & Development Chart

Shanxi Coking Coal Energy Group 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 329.38 382.81 858.26 1,222.88 1,277.39

Shanxi Coking Coal Energy Group Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 419.33 82.15 346.62 416.81 431.80

Shanxi Coking Coal Energy 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥1,277 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.


Shanxi Coking Coal Energy Group Co  (SZSE:000983) 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.


Shanxi Coking Coal Energy Group Co Research & Development Related Terms

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Shanxi Coking Coal Energy Group Co (SZSE:000983) Business Description

Traded in Other Exchanges
N/A
Address
No 318 West Mine Street, Xishan Building, Shanxi province, Taiyuan, CHN, 030053
Shanxi Coking Coal Energy Group Co Ltd formerly Shanxi Xishan Coal And Electricity Power Co Ltd is a China-based company engaged in coal mining and processing, coal mining machine manufacturing, and electrical equipment repair. The business scope of the company includes coal sales, washing and processing; power generation; power procurement and sales; power facilities, transportation and maintenance; equipment cleaning, cleaning services, technology development, technology transfer, technical consulting, laboratory testing, mechanical and electrical repair, material processing, energy-saving renovation New energy management; mine development design and construction; mining and power equipment production and operation and coal mining.

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