Zhejiang Sunriver Culture Co (SHSE:600576) Research & Development: ¥23 Mil (TTM As of Mar. 2026)


SHSE:600576 Zhejiang Sunriver Culture Co Ltd SHSE:600576
60 GF Score
Price ¥6.26
GF Value ¥12.22
Valuation Possible Value Trap
! 5 Warning Signs
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What is Zhejiang Sunriver Culture Co Research & Development?

Zhejiang Sunriver Culture Co SHSE:600576 -0.95% 60 Research & Development is ¥23 Mil as of Mar. 2026. GuruFocus rates SHSE:600576 with a GF Score™ of 60/100 and a GF Value™ of ¥12.22 (Possible Value Trap). The stock has 5 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Zhejiang Sunriver Culture Co's Research & Development for the three months ended in Mar. 2026 was ¥4 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥23 Mil.

Zhejiang Sunriver Culture Co  (SHSE:600576) 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.

Zhejiang Sunriver Culture Co Research & Development Related Terms

Zhejiang Sunriver Culture Co Research & Development Historical Data

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The historical data trend for Zhejiang Sunriver Culture Co'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.

Zhejiang Sunriver Culture Co Research & Development Chart

Zhejiang Sunriver Culture Co 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 4.24 8.64 16.64 14.58 21.28

Zhejiang Sunriver Culture Co 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 2.57 4.80 5.61 8.31 4.26
SHSE:600576
60GF Score
Zhejiang Sunriver Culture Co Ltd SHSE:600576
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Sunriver Culture Co 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 ¥23 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 ¥23 Mil mean?
Zhejiang Sunriver Culture Co (SHSE:600576) has a Research & Development of ¥23 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Zhejiang Sunriver Culture Co and its competitors.
Is Zhejiang Sunriver Culture Co's Research & Development too high?
Zhejiang Sunriver Culture Co's current Research & Development is ¥23 Mil. Overall, Zhejiang Sunriver Culture Co has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Sunriver Culture Co's Research & Development compare to BKNG and ABNB?
Zhejiang Sunriver Culture Co's Research & Development of ¥23 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Research & Development depends on the Travel & Leisure 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 Zhejiang Sunriver Culture Co and its competitors. Zhejiang Sunriver Culture Co's current Research & Development is ¥23 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Sunriver Culture Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Sunriver Culture Co (SHSE:600576) is currently considered Possible Value Trap. The stock's GF Value™ is ¥12.22, compared to a current price of ¥6.26 — trading 48.8% below its estimated fair value. The current Research & Development is ¥23 Mil. Zhejiang Sunriver Culture Co's overall GF Score™ is 60/100 with 5 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 Zhejiang Sunriver Culture Co (SHSE:600576), the current Research & Development is ¥23 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 Zhejiang Sunriver Culture Co (SHSE:600576) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Sunriver Culture Co stock appears to be undervalued. The current stock price of ¥6.26 is trading 48.8% below its estimated GF Value™ of ¥12.22. GuruFocus considers Zhejiang Sunriver Culture Co to be Possible Value Trap.

Key valuation signals for SHSE:600576:

  • Research & Development: ¥23 Mil
  • GF Value™: ¥12.22 vs. price of ¥6.26 (48.8% below fair value)
  • GF Score™: 60/100 with 5 warning signs

No single metric tells the full story. See the SHSE:600576 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Zhejiang Sunriver Culture Co Business Description

Address No. 1 Miduqiao Road, 12th Floor, Baima Building, Hangzhou, CHN, 310005
Zhejiang Sunriver Culture Co Ltd is a China-based company with scenic destination business engaged in development of cultural tourism technology innovation. The company has formed a business pattern of synergistic development of destination vacation, travel services, culture and consumption, and digital technology.
60GF Score

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

¥6.26
Price
¥12.22
GF Value