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Qudian (Qudian) Research & Development : $6.70 Mil (TTM As of Dec. 2023)


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What is Qudian Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Qudian's Research & Development for the three months ended in Dec. 2023 was $2.26 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was $6.70 Mil.

Qudian Research & Development Historical Data

The historical data trend for Qudian'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.

Qudian Research & Development Chart

Qudian Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial Premium Member Only 29.20 26.10 22.18 8.36 6.69

Qudian Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.36 1.52 1.39 1.55 2.26

Qudian Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.70 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.

Qudian  (NYSE:QD) 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.

Qudian Research & Development Related Terms

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Qudian (Qudian) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Qudian Inc (NYSE:QD) » Definitions » Research & Development
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Traded in Other Exchanges
0A2T:UK 1QU:Germany
Address
Tower A, AVIC Zijin Plaza, Siming District, Fujian Province, Xiamen, CHN, 361000
Website
https://www.qudian.com
Qudian Inc is a consumer-oriented technology company engaged in the operation of online platforms to provide small consumer credit products in the People's Republic of China. The Group's cash credit products comprised short-term, unsecured lines of credit that could be drawn down at any time, subject to the Group's approval at the time of each drawdown request. Borrowers were typically charged financing service fees for cash credit drawdowns. It derives a majority of its revenue from the People's Republic of China.