GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Lotte Chemical Corp (XKRX:011170) » Definitions » Research & Development

Lotte Chemical (XKRX:011170) Research & Development : ₩125,001 Mil (TTM As of Mar. 2024)


View and export this data going back to 1991. Start your Free Trial

What is Lotte Chemical Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Lotte Chemical's Research & Development for the three months ended in Mar. 2024 was ₩34,735 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ₩125,001 Mil.

Lotte Chemical Research & Development Historical Data

The historical data trend for Lotte Chemical'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.

Lotte Chemical Research & Development Chart

Lotte Chemical 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 84,574.95 80,028.81 92,453.13 102,444.08 120,368.94

Lotte Chemical 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 30,102.76 28,099.75 29,917.49 32,248.94 34,734.81

Lotte Chemical 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 ₩125,001 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.

Lotte Chemical  (XKRX:011170) 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.

Lotte Chemical Research & Development Related Terms

Thank you for viewing the detailed overview of Lotte Chemical's Research & Development provided by GuruFocus.com. Please click on the following links to see related term pages.

Lotte Chemical (XKRX:011170) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Lotte Chemical Corp (XKRX:011170) » Definitions » Research & Development
Comparable Companies
XKRX:001570 XKRX:009830 XKRX:357780 XKRX:014680 XKRX:005290 XKRX:004000 XKRX:005420 XKRX:120110 XKRX:278280 XKRX:006650 SAU:2010 TSE:4063 XTER:BAS DOW XKRX:051910 SZSE:002493 SHSE:600989 XKRX:086520 CE XKLS:5183
Traded in Other Exchanges
N/A
Address
300 Olympic-ro, 14th Floor-16th Floor, Lotte World Tower, Songpa-gu, Seoul, KOR
Website
http://www.lottechem.com
Lotte Chemical Corp is one of the largest chemical companies in Asia. It manufactures a variety of chemicals which include polyethylene, polypropylene, functional resin, ethylene oxide/ethylene glycol, butadiene, benzene, and Toluene. Its products are used in various industry applications such as coating materials, automotive parts, and detergent.

Lotte Chemical (XKRX:011170) Headlines

No Headlines