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Guangzhou Port Co (SHSE:601228) Research & Development : ¥34 Mil (TTM As of Mar. 2024)


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What is Guangzhou Port Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Guangzhou Port Co's Research & Development for the three months ended in Mar. 2024 was ¥6 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥34 Mil.

Guangzhou Port Co Research & Development Historical Data

The historical data trend for Guangzhou Port 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.

Guangzhou Port Co Research & Development Chart

Guangzhou Port 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 22.62 26.90 28.64 31.85 33.14

Guangzhou Port 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 5.13 7.79 7.74 12.49 6.03

Guangzhou Port 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 ¥34 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.

Guangzhou Port Co  (SHSE:601228) 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.

Guangzhou Port Co Research & Development Related Terms

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Guangzhou Port Co (SHSE:601228) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Guangzhou Port Co Ltd (SHSE:601228) » Definitions » Research & Development
Comparable Companies
SHSE:601000 SHSE:601880 SZSE:000582 SZSE:002320 SHSE:600717 SHSE:601022 SZSE:000088 SHSE:600428 SZSE:002930 SHSE:603162 BSP:PSVM11 XTER:HLAG OCSE:MAERSK B HKSE:01919 BOM:532921 SHSE:600018 TSE:9101 TSE:9104 SHSE:601018 HKSE:00316
Traded in Other Exchanges
N/A
Address
Room 603, No. 9, South Longxue Avenue, Nansha District, Guangdong, Guangzhou, CHN, 510100
Website
http://www.gzport.com
Guangzhou Port Co Ltd is a integrated hub port and container trunk port in South China. Further, it is also involved in various business activities which include container business, petrochemical business, steel business, food business, coal business and others.

Guangzhou Port Co (SHSE:601228) Headlines

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