Aluminum Corp Of China annual r&d spending
2017
2018
2019
2020
2021
2022
Aluminum Corp Of China R&D Spending Growth & History (ALMMF)
Aluminum Corp Of China's r&d spending was $696.7M for fiscal 2022.
View full Aluminum Corp Of China company overviewAluminum Corp Of China annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2022 | 2022-12-31 | $696.7M | $326.0M | +87.95% |
| 2021 | 2021-12-31 | $370.7M | $150.9M | +68.66% |
| 2020 | 2020-12-31 | $219.8M | $84.6M | +62.63% |
| 2019 | 2019-12-31 | $135.1M | $44.0M | +48.22% |
| 2018 | 2018-12-31 | $91.2M | $15.2M | +19.94% |
| 2017 | 2017-12-31 | $76.0M | — | — |
Aluminum Corp Of China r&d spending trends
Over the last five fiscal years, Aluminum Corp Of China's r&d spending increased from $76.0M to $696.7M, a change of $620.7M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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