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Yusys Technologies Co (SZSE:300674) Research & Development : ¥563 Mil (TTM As of Mar. 2024)


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What is Yusys Technologies Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Yusys Technologies Co's Research & Development for the three months ended in Mar. 2024 was ¥57 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥563 Mil.


Yusys Technologies Co Research & Development Historical Data

The historical data trend for Yusys Technologies 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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Yusys Technologies Co Research & Development Chart

Yusys Technologies 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 274.51 313.49 434.86 500.10 568.27

Yusys Technologies 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 62.54 135.12 185.82 184.78 56.97

Yusys Technologies 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 ¥563 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.


Yusys Technologies Co  (SZSE:300674) 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.


Yusys Technologies Co Research & Development Related Terms

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Yusys Technologies Co (SZSE:300674) Business Description

Traded in Other Exchanges
N/A
Address
Building A2, Electronic City R&D Center, Courtyard 9, East Jiuxianqiao Road, Chaoyang District, Beijing, CHN
Yusys Technologies Co Ltd is engaged in providing bank-oriented financial institutions with information services, such as consulting, software products, software development and implementation, operation and maintenance, and system integration. The company provides relevant products and services for the non-commercial banks, state-owned commercial banks, joint-stock banks, foreign banks and regional commercial banks and rural credit cooperatives to the People's Bank of China.
Executives
Jiang Xue Supervisors
Jing Jia Bin Executives
Zhang Da Executives

Yusys Technologies Co (SZSE:300674) Headlines

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