GURUFOCUS.COM » STOCK LIST » Technology » Software » Ronglian Group Ltd (SZSE:002642) » Definitions » Research & Development

Ronglian Group (SZSE:002642) Research & Development : ¥71 Mil (TTM As of Sep. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Ronglian Group Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Ronglian Group's Research & Development for the three months ended in Sep. 2024 was ¥22 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2024 was ¥71 Mil.


Ronglian Group Research & Development Historical Data

The historical data trend for Ronglian Group'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.

Ronglian Group Research & Development Chart

Ronglian Group 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 134.26 113.74 80.30 98.26 95.79

Ronglian Group 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 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 41.62 18.05 16.82 14.11 21.89

Ronglian Group 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 ¥71 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.


Ronglian Group  (SZSE:002642) 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.


Ronglian Group Research & Development Related Terms

Thank you for viewing the detailed overview of Ronglian Group's Research & Development provided by GuruFocus.com. Please click on the following links to see related term pages.


Ronglian Group Business Description

Traded in Other Exchanges
N/A
Address
A10 Jiuxianqiao North Road, UEC Plaza, Building 106, Chaoyang District, Beijing, CHN
Ronglian Group Ltd provides IT solutions and services. Its services include system integration, software development, project management and service system, enterprise cloud service, and other services. The company provides services to education industry, manufacturing industry, finance industry, and telecom industry.
Executives
Wang Dong Hui Directors, executives
Fang Yong Directors, executives
Ju Hai Tao Directors, executives
Huo Xiang Qi Directors, executives
Han Yan Executives
Zhao Chuan Sheng Executives
Luo Li Cheng Executives
Wu Xuan Executives
Peng Jun Lin Executives
Lu Ya Feng Supervisors
Zhang Tong Directors, executives
Shi Wei Hua Directors, executives
Ding Hong Zhen Executives
Gao Feng Executives
Gao Si Hua Independent director

Ronglian Group Headlines

No Headlines