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China Petroleum Engineering Co (SHSE:600339) Research & Development : ¥1,550 Mil (TTM As of Mar. 2024)


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What is China Petroleum Engineering Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. China Petroleum Engineering Co's Research & Development for the three months ended in Mar. 2024 was ¥166 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥1,550 Mil.


China Petroleum Engineering Co Research & Development Historical Data

The historical data trend for China Petroleum Engineering 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.

* Premium members only.

China Petroleum Engineering Co Research & Development Chart

China Petroleum Engineering Co 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 306.81 595.17 974.66 1,352.49 1,530.68

China Petroleum Engineering 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 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 147.34 207.04 304.56 871.74 166.24

China Petroleum Engineering 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 ¥1,550 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 Petroleum Engineering Co  (SHSE:600339) 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 Petroleum Engineering Co Research & Development Related Terms

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China Petroleum Engineering Co (SHSE:600339) Business Description

Traded in Other Exchanges
N/A
Address
Courtyard 5, Anding Road, Hengyi Building, Building 2, Chaoyang District, Beijing, CHN, 100029
China Petroleum Engineering Co Ltd provides surface facilities to petroleum upstream industry. The company's services include planning through front end engineering design to engineering, procurement, construction and project management consultancy for surface facilities, pipelines, buildings, water treatment facilities, highways, and infrastructure. The firm operates projects in China as well as in the overseas markets such as the Middle East, Central Asia, North Africa, America, Australia, and Europe.

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