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Zhibao Technology (Zhibao Technology) Research & Development : $1.37 Mil (TTM As of Jun. 2023)


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What is Zhibao Technology Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Zhibao Technology's Research & Development for the six months ended in Jun. 2023 was $0.79 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2023 was $1.37 Mil.

Zhibao Technology Research & Development Historical Data

The historical data trend for Zhibao Technology'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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Zhibao Technology Research & Development Chart

Zhibao Technology Annual Data
Trend Jun21 Jun22 Jun23
Research & Development
1.71 1.16 1.35

Zhibao Technology Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23
Research & Development - 0.78 0.41 0.57 0.79

Zhibao Technology Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $1.37 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.

Zhibao Technology  (NAS:ZBAO) 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.

Zhibao Technology Research & Development Related Terms

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Zhibao Technology (Zhibao Technology) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Zhibao Technology Inc (NAS:ZBAO) » Definitions » Research & Development
Comparable Companies
Traded in Other Exchanges
N/A
Address
Floor 3, Building 6, Wuxing Road, Lane 727, Shanghai, CHN, 201204
Website
https://www.zhibao-tech.com
Zhibao Technology Inc is a insurance technology company primarily engaged in providing digital insurance brokerage services in China. 2B2C digital embedded insurance is their innovative business model which they pioneered in China. They provide customized digital insurance solutions for B-side channels (covering a wide range of industries and organizations, including but not limited to Internet platforms, large and medium-sized enterprises, and government agencies, etc.), embedding them into the channel's existing business matrix, and providing the channel with Provide digital insurance brokerage services to C-end customers.

Zhibao Technology (Zhibao Technology) Headlines

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