Beijing Golden Times Media Technology (BJSE:920021) Research & Development: ¥27.6 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BJSE:920021 Beijing Golden Times Media Technology Corp Ltd BJSE:920021
68 GF Score
Price ¥5.93
GF Value ¥3.95
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Beijing Golden Times Media Technology Research & Development?

Beijing Golden Times Media Technology BJSE:920021 68 Research & Development is ¥27.6 Mil as of Mar. 2026. GuruFocus rates BJSE:920021 with a GF Score™ of 68/100 and a GF Value™ of ¥3.95 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Beijing Golden Times Media Technology's Research & Development for the three months ended in Mar. 2026 was ¥5.6 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥27.6 Mil.


Beijing Golden Times Media Technology  (BJSE:920021) 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.


Beijing Golden Times Media Technology Research & Development Related Terms


Beijing Golden Times Media Technology Research & Development Historical Data

* Premium members only.

The historical data trend for Beijing Golden Times Media Technology'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.

Beijing Golden Times Media Technology Research & Development Chart

Beijing Golden Times Media Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.58 21.02 25.08 27.05 26.85

Beijing Golden Times Media Technology Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.78 7.20 5.85 9.02 5.56
BJSE:920021
68GF Score
Beijing Golden Times Media Technology Corp Ltd BJSE:920021
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Beijing Golden Times Media Technology 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. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥27.6 Mil.

* 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of ¥27.6 Mil mean?
Beijing Golden Times Media Technology (BJSE:920021) has a Research & Development of ¥27.6 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Beijing Golden Times Media Technology and its competitors.
Is Beijing Golden Times Media Technology's Research & Development too high?
Beijing Golden Times Media Technology's current Research & Development is ¥27.6 Mil. Overall, Beijing Golden Times Media Technology has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Beijing Golden Times Media Technology's Research & Development compare to NFLX and DIS?
Beijing Golden Times Media Technology's Research & Development of ¥27.6 Mil can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Media - Diversified company?
A good Research & Development depends on the Media - Diversified industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Beijing Golden Times Media Technology and its competitors. Beijing Golden Times Media Technology's current Research & Development is ¥27.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing Golden Times Media Technology stock overvalued right now?
Based on GuruFocus' analysis, Beijing Golden Times Media Technology (BJSE:920021) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥3.95, compared to a current price of ¥5.93 — trading 50.1% above its estimated fair value. The current Research & Development is ¥27.6 Mil. Beijing Golden Times Media Technology's overall GF Score™ is 68/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Beijing Golden Times Media Technology (BJSE:920021), the current Research & Development is ¥27.6 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Beijing Golden Times Media Technology (BJSE:920021) Overvalued in 2026?

Based on GuruFocus' analysis, Beijing Golden Times Media Technology stock appears to be overvalued. The current stock price of ¥5.93 is trading 50.1% above its estimated GF Value™ of ¥3.95. GuruFocus considers Beijing Golden Times Media Technology to be Significantly Overvalued.

Key valuation signals for BJSE:920021:

  • Research & Development: ¥27.6 Mil
  • GF Value™: ¥3.95 vs. price of ¥5.93 (50.1% above fair value)
  • GF Score™: 68/100 with 7 warning signs

No single metric tells the full story. See the BJSE:920021 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Beijing Golden Times Media Technology Business Description

Address No. 30 Shixing Street, Room B-0103, 2nd Floor, Building 3, Shijingshan District, Beijing, CHN, 100144
Beijing Golden Times Media Technology Corp Ltd mainly leverages the radio and television network, telecommunications network, and the internet (the "three networks") to provide comprehensive services encompassing channel coverage, content operations, marketing communications, and technical support to television content providers, such as television stations, television drama copyright holders, television program producers, and television advertising distributors.
68GF Score

Get the complete analysis for BJSE:920021

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥5.93
Price
¥3.95
GF Value