Meisheng Cultural and Creative (SZSE:002699) Research & Development : ¥22.1 Mil (TTM As of Mar. 2024)

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What is Meisheng Cultural and Creative Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Meisheng Cultural and Creative's Research & Development for the three months ended in Mar. 2024 was ¥5.1 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ¥22.1 Mil.

Meisheng Cultural and Creative Research & Development Historical Data

The historical data trend for Meisheng Cultural and Creative'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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Meisheng Cultural and Creative Research & Development Chart

Meisheng Cultural and Creative Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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42.87

31.32

34.18

30.54

23.47

Meisheng Cultural and Creative 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															6.46	6.23	7.24	3.54	5.09

Meisheng Cultural and Creative 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 ¥22.1 Mil.

Meisheng Cultural and Creative (SZSE:002699) 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.

Meisheng Cultural and Creative Research & Development Related Terms

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Meisheng Cultural and Creative (SZSE:002699) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Meisheng Cultural and Creative Corp Ltd (SZSE:002699) » Definitions » Research & Development

Traded in Other Exchanges

N/A

Address

Xinchang Provincial High-tech Park, Zhejiang Province, Shaoxing, CHN, 312500

Website

http://www.chinarising.com.cn

Meisheng Cultural and Creative Corp Ltd is a China-based company principally engaged in culture industry related businesses. The company's products mainly include Intellectual Property (IP) derivatives, traditional derivatives, animation, games, films and television and other cultural industry products.

Executives

Zhang Yan	Executives
Pan Jing	Executives
Shu Min	Independent director
Zhu Lin Fang	Executives
Xiong Xu Feng	Executives
Yuan Xian Miao	Directors, executives
Chen Wen	Independent director

Meisheng Cultural and Creative (SZSE:002699) Headlines

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