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Power Construction of China (SHSE:601669) Research & Development : ¥23,506 Mil (TTM As of Mar. 2024)


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What is Power Construction of China Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Power Construction of China's Research & Development for the three months ended in Mar. 2024 was ¥3,183 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥23,506 Mil.

Power Construction of China Research & Development Historical Data

The historical data trend for Power Construction of China'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.

Power Construction of China Research & Development Chart

Power Construction of China 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 11,288.50 15,268.92 19,594.33 20,801.45 23,229.30

Power Construction of China 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 2,906.93 5,040.56 5,362.64 9,919.17 3,183.21

Power Construction of China 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 ¥23,506 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.

Power Construction of China  (SHSE:601669) 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.

Power Construction of China Research & Development Related Terms

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Power Construction of China (SHSE:601669) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Power Construction Corporation of China Ltd (SHSE:601669) » Definitions » Research & Development
Comparable Companies
SHSE:601186 SHSE:601618 SHSE:600039 SHSE:601117 SHSE:601390 SHSE:600970 SHSE:600170 SHSE:601611 SZSE:002060 SHSE:600528 XPAR:DG NSE:LT SHSE:601668 PWR J TSX:WSP HKSE:01800 XKRX:028260 XPAR:EN HKSE:03996
Traded in Other Exchanges
N/A
Address
No.22, Chegongzhuang West Road, Haidian District, Beijing, CHN, 100048
Website
http://www.powerchina.cn
Power Construction Corporation of China Ltd is engaged in the construction and operation of hydropower projects, special equipment manufacturing and real estate development and management.

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