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Xinjiang Zhundong Petroleum Technology Co (SZSE:002207) Research & Development : ¥1.3 Mil (TTM As of Mar. 2024)


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What is Xinjiang Zhundong Petroleum Technology Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Xinjiang Zhundong Petroleum Technology Co's Research & Development for the three months ended in Mar. 2024 was ¥0.0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥1.3 Mil.


Xinjiang Zhundong Petroleum Technology Co Research & Development Historical Data

The historical data trend for Xinjiang Zhundong Petroleum 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.

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Xinjiang Zhundong Petroleum Technology Co Research & Development Chart

Xinjiang Zhundong Petroleum Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
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Xinjiang Zhundong Petroleum 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 - - 1.33 - -

Xinjiang Zhundong Petroleum 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 ¥1.3 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.


Xinjiang Zhundong Petroleum Technology Co  (SZSE:002207) 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.


Xinjiang Zhundong Petroleum Technology Co Research & Development Related Terms

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Xinjiang Zhundong Petroleum Technology Co (SZSE:002207) Business Description

Traded in Other Exchanges
N/A
Address
No. 251 Youyi Road, Xinjiang Uygur Autonomous Region, Karamay, CHN, 831511
Xinjiang Zhundong Petroleum Technology Co Ltd is engaged in providing oilfield dynamic monitoring and enhanced oil recovery technology services for oil and natural gas mining enterprises. The business of the company includes petroleum technology services, transportation services, and sales of chemical products. The services include well testing, production testing, water shutoff, profile control, and coiled tubing operations.
Executives
Lv Zhan Min Directors, Directors, and Executives
Jian Wei Directors, executives
Ai Ke Bai Er Mai Mai Ti Supervisors
Zhao Shu Zhi Supervisors
Shi Qiang Executives
Gu Yu Rong Independent director
Wang Yu Xin Executives
Cao Hao Director
Liu Jun Supervisors
Zuo Jun Supervisors
Ai Ke Bai Er Mai Mai Ti Supervisors
Ding Hao Supervisors
Xu Wen Shi Executives
Chang Wen Jiu Directors, executives
Tao Wei Supervisors

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