China Longyuan Power Group (SZSE:001289) Research & Development : ¥147 Mil (TTM As of Mar. 2024)

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What is China Longyuan Power Group Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. China Longyuan Power Group's Research & Development for the three months ended in Mar. 2024 was ¥23 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥147 Mil.

China Longyuan Power Group Research & Development Historical Data

The historical data trend for China Longyuan Power Group'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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China Longyuan Power Group Research & Development Chart

China Longyuan Power Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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63.92

76.97

142.15

97.22

145.40

China Longyuan Power Group 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															21.44	1.05	55.75	67.17	22.92

China Longyuan Power Group 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 ¥147 Mil.

China Longyuan Power Group (SZSE:001289) 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.

China Longyuan Power Group Research & Development Related Terms

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China Longyuan Power Group (SZSE:001289) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » China Longyuan Power Group Corp Ltd (SZSE:001289) » Definitions » Research & Development

Traded in Other Exchanges

CLPXY:USA CLPXF:USA 00916:Hong Kong 6WX:Germany

Address

6 Fuchengmen North Street, Room 2006, 20th Floor, Block C, Xicheng District, Beijing, CHN

Website

http://www.clypg.com.cn

Longyuan is China's largest wind farm operator, with consolidated installed wind capacity of 26.2 gigawatts as of end-2022, representing about 7% of nationwide wind capacity. It has more than 400 wind farms spread across China, and has also expanded into other countries such as Canada and South Africa. Longyuan owns two coal-fired power plants in Jiangsu and operates other renewable assets such as solar, geothermal, and tidal energy on a limited scale. The consolidated installed capacity mix is about 84% wind, 6% thermal, and the remainder in other renewables. China Energy Investment, which was created through the merger of China Guodian Corporation and China Shenhua Group, is the major shareholder with a controlling stake of about 58.6%.

China Longyuan Power Group (SZSE:001289) Headlines

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