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Bank of East Asia (Bank of East Asia) Selling, General, & Admin. Expense : $205 Mil (TTM As of Dec. 2023)


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What is Bank of East Asia Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Bank of East Asia's selling, general, & admin. expense for the six months ended in Dec. 2023 was $113 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2023 was $205 Mil.


Bank of East Asia Selling, General, & Admin. Expense Historical Data

The historical data trend for Bank of East Asia's Selling, General, & Admin. Expense 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.

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Bank of East Asia Selling, General, & Admin. Expense Chart

Bank of East Asia Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 246.52 189.63 187.97 189.46 205.64

Bank of East Asia Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Selling, General, & Admin. Expense 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 102.06 79.13 109.69 92.56 112.81

Competitive Comparison of Bank of East Asia's Selling, General, & Admin. Expense

For the Banks - Regional subindustry, Bank of East Asia's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bank of East Asia's Selling, General, & Admin. Expense Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank of East Asia's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Bank of East Asia's Selling, General, & Admin. Expense falls into.



Bank of East Asia Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $205 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.


Bank of East Asia  (OTCPK:BKEAY) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Bank of East Asia Selling, General, & Admin. Expense Related Terms

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Bank of East Asia (Bank of East Asia) Business Description

Industry
Traded in Other Exchanges
Address
10 Des Voeux Road Central, Hong Kong, HKG
Bank of East Asia Ltd provides banking services. The company's segments include Personal banking; Wholesale banking; Treasury markets; Wealth management; Centralised operations; Others; Mainland China operations; Overseas operations and Corporate management. It generates maximum revenue from the Personal banking segment. The Personal Banking segment includes branch operations, personal internet banking, consumer finance, property loans, and credit card business to individual customers in Hong Kong. Geographically, it derives a majority of its revenue from Hong Kong.

Bank of East Asia (Bank of East Asia) Headlines

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