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XHG (XChange Tec) Research & Development : $0.01 Mil (TTM As of Mar. 2024)


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What is XChange Tec Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. XChange Tec's Research & Development for the six months ended in Mar. 2024 was $0.00 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was $0.01 Mil.

XChange Tec Research & Development Historical Data

The historical data trend for XChange Tec'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.

XChange Tec Research & Development Chart

XChange Tec Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Research & Development
Get a 7-Day Free Trial 6.61 3.66 -0.03 - 0.01

XChange Tec Semi-Annual Data
Sep17 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.29 -0.26 - - -

XChange Tec 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 semi-annually data reported by the company within the most recent 12 months, which was $0.01 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.

XChange Tec  (NAS:XHG) 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.

XChange Tec Research & Development Related Terms

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XChange Tec Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » XChange Tec Inc (NAS:XHG) » Definitions » Research & Development
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FTHM LODE RFL OMH CPTP BRST NYC MDJH LRHC HWTR CSGP CBRE XMAD:CLNX BEKE TSE:8830 HKSE:01972 OSTO:AKEL D SGX:9CI HKSE:01997 MIL:INW
Traded in Other Exchanges
N/A
Address
1136 Xinzha Road, No.801, Building 1, JingAn District, Shanghai, CHN, 200041
Website
http://www.qk365.com
XChange Tec Inc, through its subsidiaries operates in insurance agency and insurance technology business. Its insurance products include industry and/or state-owned property and casualty insurance and regional property and casualty insurance. The insurance technology business is focused on operating and developing insurance technology in the PRC, including developing SaaS platform to connect consumers and underwriting support.