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Ligao Foods Co (SZSE:300973) Research & Development : ¥151 Mil (TTM As of Mar. 2024)


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What is Ligao Foods Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Ligao Foods Co's Research & Development for the three months ended in Mar. 2024 was ¥33 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥151 Mil.

Ligao Foods Co Research & Development Historical Data

The historical data trend for Ligao Foods 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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Ligao Foods Co Research & Development Chart

Ligao Foods Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial 41.51 52.68 82.20 122.25 147.83

Ligao Foods Co Quarterly Data
Dec18 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 29.26 39.38 40.47 38.72 32.57

Ligao Foods 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 ¥151 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.

Ligao Foods Co  (SZSE:300973) 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.

Ligao Foods Co Research & Development Related Terms

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Ligao Foods Co (SZSE:300973) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ligao Foods Co Ltd (SZSE:300973) » Definitions » Research & Development
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Traded in Other Exchanges
N/A
Address
Pingling Industrial Zone, Shitan Town Industrial Park, Zengcheng, Guangdong Province, Guangzhou, CHN, 510420
Website
http://www.ligaofoods.com
Ligao Foods Co Ltd is engaged in the production and sales of bakery food raw materials. The company's product range covers baking, beverages, snack foods, frozen semi-finished products and other fields.

Ligao Foods Co (SZSE:300973) Headlines

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