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Meituan (HKSE:03690) Research & Development : HK$23,305 Mil (TTM As of Dec. 2023)


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What is Meituan Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Meituan's Research & Development for the three months ended in Dec. 2023 was HK$5,934 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was HK$23,305 Mil.

Meituan Research & Development Historical Data

The historical data trend for Meituan'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.

Meituan Research & Development Chart

Meituan Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial Premium Member Only 9,397.92 12,912.34 20,418.72 23,160.51 23,189.21

Meituan Quarterly Data
Apr18 Dec18 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 5,854.86 5,748.95 5,914.26 5,708.04 5,934.06

Meituan Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$23,305 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.

Meituan  (HKSE:03690) 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.

Meituan Research & Development Related Terms

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Meituan (HKSE:03690) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Meituan (HKSE:03690) » Definitions » Research & Development
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HKSE:02148 HKSE:01137 HKSE:02420 HKSE:02101 HKSE:00620 HKSE:01020 HKSE:01039 HKSE:02209 AMZN BABA PDD MELI JD CPNG SE EBAY TSE:4689 BOM:543320 CHWY TSE:4755
Traded in Other Exchanges
MPNGY:USA MPNGF:USA 9MD:Germany
Address
No. 4 Wang Jing East Road, Block B and C, Hengjiweiye Building, Chaoyang District, Beijing, CHN, 100102
Website
https://about.meituan.com
Meituan is the largest food delivery service in China, with a 70.7% share of the market in 2020 per the Chinese government. For the quarter-ended Sept. 30, 2021, the firm generated 54.2% of revenue from food delivery services, 17.7% from hotel booking, coupon sales, advertising, and 28.1% from new initiatives. In the long term, its new initiatives business may transform the company into an all-encompassing grocer and logistics business involving community group buying, nonfood delivery, and online grocery, overtaking food delivery as its main business.

Meituan (HKSE:03690) Headlines

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