Poly Developments and Holdings Group Co (SHSE:600048) Research & Development : ¥79 Mil (TTM As of Mar. 2024)

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What is Poly Developments and Holdings Group Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Poly Developments and Holdings Group Co's Research & Development for the three months ended in Mar. 2024 was ¥9 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥79 Mil.

Poly Developments and Holdings Group Co Research & Development Historical Data

The historical data trend for Poly Developments and Holdings Group 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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Poly Developments and Holdings Group Co Research & Development Chart

Poly Developments and Holdings Group Co Annual Data

Trend

Dec14

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Dec23

Research & Development

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56.26

1,260.47

1,435.78

1,238.48

85.88

Poly Developments and Holdings Group 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															15.62	30.98	56.20	-16.93	9.07

Poly Developments and Holdings Group 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 ¥79 Mil.

Poly Developments and Holdings Group Co (SHSE:600048) 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.

Poly Developments and Holdings Group Co Research & Development Related Terms

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Poly Developments and Holdings Group Co (SHSE:600048) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Poly Developments and Holdings Group Co Ltd (SHSE:600048) » Definitions » Research & Development

Traded in Other Exchanges

N/A

Address

No. 688 Yuejiang Middle Road, Poly International Square North Tower, 30-33 Layer, Haizhu District, Guangdong Province, Guangzhou, CHN, 510308

Website

http://www.polycn.com

Poly Developments and Holdings is a large real estate developer in China. It is ranked number five by sales value among all Chinese developers in 2019. It has over 600 projects across 100 cities. Property development accounts for 95% of earnings, with property investments and finance income contributing the rest. The company is a subsidiary of China Poly Group, a prominent central-government-controlled state-owned enterprise with ties to the military. China Poly Group holds an aggregate controlling stake of 41% in the company.

Executives

Zhou Dong Li	Directors, senior managers
Huang Hai	senior management
Zhang Yan Hua	senior management
Liu Wen Sheng	senior management
Kong Jun Feng	Supervisors
Pan Zhi Hua	senior management
Liu Ying Chuan	senior management
Zhang Wei	senior management
Liu Ping	Director
Wang Quan Liang	senior management
Hu Zai Xin	senior management
Zhang Wan Shun	Director
Chen Dong Ju	senior management
Wang Jian	senior management
Song Guang Ju	Director

Poly Developments and Holdings Group Co (SHSE:600048) Headlines

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