Choong Ang Vaccine Laboratory Co (XKRX:072020) Research & Development : ₩1,903 Mil (TTM As of Mar. 2024)

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What is Choong Ang Vaccine Laboratory Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Choong Ang Vaccine Laboratory Co's Research & Development for the three months ended in Mar. 2024 was ₩569 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ₩1,903 Mil.

Choong Ang Vaccine Laboratory Co Research & Development Historical Data

The historical data trend for Choong Ang Vaccine Laboratory 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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Choong Ang Vaccine Laboratory Co Research & Development Chart

Choong Ang Vaccine Laboratory Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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1,755.88

1,753.62

1,806.94

1,657.50

1,564.03

Choong Ang Vaccine Laboratory 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															229.74	589.87	423.88	320.55	569.20

Choong Ang Vaccine Laboratory 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 ₩1,903 Mil.

Choong Ang Vaccine Laboratory Co (XKRX:072020) 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.

Choong Ang Vaccine Laboratory Co Research & Development Related Terms

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Choong Ang Vaccine Laboratory Co (XKRX:072020) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Choong Ang Vaccine Laboratory Co Ltd (XKRX:072020) » Definitions » Research & Development

Traded in Other Exchanges

N/A

Address

1476-37 Yongsan-dong, Yuseong-gu, Daejeon, KOR, 305-348

Website

http://www.cavac.co.kr

Choong Ang Vaccine Laboratory Co., Ltd. manufactures and markets vaccines for animals. The company specialized in vaccines for animals and is the largest one in Korea. The company has a solid financial structure.

Choong Ang Vaccine Laboratory Co (XKRX:072020) Headlines

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