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China Tourism Group Duty Free (SHSE:601888) Research & Development : ¥58 Mil (TTM As of Mar. 2024)


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What is China Tourism Group Duty Free Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. China Tourism Group Duty Free's Research & Development for the three months ended in Mar. 2024 was ¥0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥58 Mil.

China Tourism Group Duty Free Research & Development Historical Data

The historical data trend for China Tourism Group Duty Free'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.

China Tourism Group Duty Free Research & Development Chart

China Tourism Group Duty Free 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 - - - 39.03 58.42

China Tourism Group Duty Free 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 0.70 0.13 8.96 48.64 0.36

China Tourism Group Duty Free 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 ¥58 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.

China Tourism Group Duty Free  (SHSE:601888) 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.

China Tourism Group Duty Free Research & Development Related Terms

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China Tourism Group Duty Free (SHSE:601888) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » China Tourism Group Duty Free Corp Ltd (SHSE:601888) » Definitions » Research & Development
Comparable Companies
SZSE:002024 SHSE:601801 SZSE:002416 SZSE:301078 SZSE:301376 SZSE:002344 SHSE:603353 SHSE:603230 SZSE:300622 SZSE:002403 ORLY TSX:ATD AZO TSCO ULTA GPC BBY ADX:ADNOCDIST CASY FIVE
Traded in Other Exchanges
01880:Hong Kong
Address
No. 2A, Dongzhimenwai Street, 8th Floor, Block A, Dongcheng District, Beijing, CHN, 100027
Website
https://www.ctgdutyfree.com.cn
China Tourism Group Duty Free Corp Ltd is an investment holding company. The company's segments include Retail and Property. It generates maximum revenue from the Retail segment. The Retail segment offers a comprehensive series of duty-free and duty-paid merchandise to customers in Mainland China, Hong Kong, Macau, Cambodia, etc, through its travel retail business. It also engages sales of duty-free and duty-paid merchandise and income from provision of related services.

China Tourism Group Duty Free (SHSE:601888) Headlines

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