TVZone Media Co (SHSE:603721) Research & Development: ¥12.2 Mil (TTM As of Mar. 2026)


SHSE:603721 TVZone Media Co Ltd SHSE:603721
66 GF Score
Price ¥16.06
GF Value ¥28.44
Valuation Significantly Undervalued
! 2 Warning Signs
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What is TVZone Media Co Research & Development?

TVZone Media Co SHSE:603721 -2.37% 66 Research & Development is ¥12.2 Mil as of Mar. 2026. GuruFocus rates SHSE:603721 with a GF Score™ of 66/100 and a GF Value™ of ¥28.44 (Significantly Undervalued). The stock has 2 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. TVZone Media Co's Research & Development for the three months ended in Mar. 2026 was ¥3.3 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥12.2 Mil.

TVZone Media Co  (SHSE:603721) 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.

TVZone Media Co Research & Development Related Terms

TVZone Media Co Research & Development Historical Data

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The historical data trend for TVZone Media 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.

TVZone Media Co Research & Development Chart

TVZone Media 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 7.56 9.11 10.83 11.30 12.07

TVZone Media 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 3.11 4.18 2.79 2.00 3.28
SHSE:603721
66GF Score
TVZone Media Co Ltd SHSE:603721
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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TVZone Media 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 ¥12.2 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 ¥12.2 Mil mean?
TVZone Media Co (SHSE:603721) has a Research & Development of ¥12.2 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on TVZone Media Co and its competitors.
Is TVZone Media Co's Research & Development too high?
TVZone Media Co's current Research & Development is ¥12.2 Mil. Overall, TVZone Media Co has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TVZone Media Co's Research & Development compare to NXST?
TVZone Media Co's Research & Development of ¥12.2 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 TVZone Media Co and its competitors. TVZone Media Co's current Research & Development is ¥12.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TVZone Media Co stock overvalued right now?
Based on GuruFocus' analysis, TVZone Media Co (SHSE:603721) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥28.44, compared to a current price of ¥16.06 — trading 43.5% below its estimated fair value. The current Research & Development is ¥12.2 Mil. TVZone Media Co's overall GF Score™ is 66/100 with 2 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 TVZone Media Co (SHSE:603721), the current Research & Development is ¥12.2 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 TVZone Media Co (SHSE:603721) Overvalued in 2026?

Based on GuruFocus' analysis, TVZone Media Co stock appears to be undervalued. The current stock price of ¥16.06 is trading 43.5% below its estimated GF Value™ of ¥28.44. GuruFocus considers TVZone Media Co to be Significantly Undervalued.

Key valuation signals for SHSE:603721:

  • Research & Development: ¥12.2 Mil
  • GF Value™: ¥28.44 vs. price of ¥16.06 (43.5% below fair value)
  • GF Score™: 66/100 with 2 warning signs

No single metric tells the full story. See the SHSE:603721 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

TVZone Media Co Business Description

Address No. 188, Furong Middle Road, New Century Sports Culture Center Tennis Club 101, Tianxin District, Hunan Province, Changsha, CHN, 410005
TVZone Media Co Ltd is a state-owned cultural enterprise absolutely controlled by Changsha Broadcasting and Television Group. The company's main business is TV, internet, and mobile internet video. It is also engaged in the production, distribution, and marketing of such content; the operation of television drama rights.
66GF Score

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

¥16.06
Price
¥28.44
GF Value