X Financial (XYF) Research & Development (2017 - 2023)

X Financial has reported Research & Development for 7 years, with the latest figure at $523000.0 in Q4 2023.

• On a quarterly basis, Research & Development rose 44.48% year-over-year to $523000.0 in Q4 2023; TTM through Dec 2023 was $1.8 million, a 23.84% decrease from a year earlier, with the FY2023 full-year figure at $1.8 million, down 21.15% from the prior year.
• Research & Development was $523000.0 for Q4 2023 at X Financial, up from $461000.0 in the prior quarter.
• The five-year high for Research & Development was $4.6 million in Q1 2019, with the low at $297000.0 in Q1 2023.
• Average Research & Development over 5 years is $1.4 million, with a median of $740000.0 recorded in 2020.
• The sharpest annual moves came in 2020 and 2021: Research & Development sank 84.21% in 2020, then surged 47.81% in 2021.
• Over 5 years, Research & Development stood at $2.9 million in 2019, then plunged by 73.88% to $745000.0 in 2020, then climbed by 12.08% to $835000.0 in 2021, then tumbled by 56.65% to $362000.0 in 2022, then jumped by 44.48% to $523000.0 in 2023.
• The last three Research & Development figures came in at $523000.0 (Q4 2023), $461000.0 (Q3 2023), and $473000.0 (Q2 2023), per Business Quant data.