Cloopen Group Holding Ltd (RAASY): R&D Expense

Annual figures by period end, from SEC filings.

Restated years: each year's figure is from the latest filing that reports it. The company later restated the year ended 2019-12-31 (for example after a spin-off or a discontinued operation), while the year before it was last reported on the old basis. Changes across those points are marked n/c (not comparable), and growth rates are not computed across them.

139.08M CNY

Year ended 2025-12-31

-24.8%

3-year compound annual growth

-4.4%

5-year compound annual growth

2018-12-31 R&D Expense (CNY) 2025-12-31

Period ended	R&D Expense	Change YoY	Source filing
2025-12-31	139.08M CNY	-21.4%	2026-05-08, From 2025-01-01
2024-12-31	177.00M CNY	-20.5%	2026-05-08, From 2024-01-01
2023-12-31	222.54M CNY	-31.8%	2026-05-08, From 2023-01-01
2022-12-31	326.51M CNY	+9.8%	2025-09-03, From 2022-01-01
2021-12-31	297.36M CNY	+70.7%	2025-03-24, From 2021-01-01
2020-12-31	174.19M CNY	+4.0%	2024-08-27, From 2020-01-01
2019-12-31	167.48M CNY	n/c	2024-02-27, From 2019-01-01
2018-12-31	125.99M CNY	n/a	2021-05-10, From 2018-01-01

R&D Expense at similar companies

Companies with the same SEC industry code (Services-Prepackaged Software), reporting in the same currency, closest in revenue. Each shows its own latest fiscal year, so period ends differ.

Company	Year ended	R&D Expense	Change YoY
Cloopen Group Holding Ltd (RAASY)	2025-12-31	139.08M CNY	-21.4%
WiMi Hologram Cloud Inc. (WIMI)	2025-12-31	63.28M CNY	-43.3%
Yxt.com Group Holding Ltd (YXT)	2025-12-31	111.41M CNY	-4.0%
Kingsoft Cloud Holdings Ltd (KC)	2025-12-31	810.30M CNY	-4.2%
Full Truck Alliance Co. Ltd. (YMM)	2025-12-31	874.43M CNY	-0.6%
NetEase, Inc. (NTES)	2025-12-31	17.72B CNY	+1.1%

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