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CHINA FUND (CHINA FUND) Selling, General, & Admin. Expense : $1.05 Mil (TTM As of Oct. 2023)


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What is CHINA FUND Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. CHINA FUND's selling, general, & admin. expense for the six months ended in Oct. 2023 was $0.57 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Oct. 2023 was $1.05 Mil.


CHINA FUND Selling, General, & Admin. Expense Historical Data

The historical data trend for CHINA FUND'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.

* Premium members only.

CHINA FUND Selling, General, & Admin. Expense Chart

CHINA FUND Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Selling, General, & Admin. Expense
Get a 7-Day Free Trial 1.68 0.96 0.97 0.94 1.05

CHINA FUND Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 0.47 0.50 0.44 0.48 0.57

Competitive Comparison of CHINA FUND's Selling, General, & Admin. Expense

For the Asset Management subindustry, CHINA FUND'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.


CHINA FUND's Selling, General, & Admin. Expense Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, CHINA FUND's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where CHINA FUND's Selling, General, & Admin. Expense falls into.



CHINA FUND 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 Oct. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $1.05 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.


CHINA FUND  (NYSE:CHN) 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.


CHINA FUND Selling, General, & Admin. Expense Related Terms

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CHINA FUND (CHINA FUND) Business Description

Industry
Traded in Other Exchanges
N/A
Address
C/o Brown Brothers Harriman & Co, 50 Post Office Square, Boston, MA, USA, 02110
CHINA FUND INC is a non-diversified, closed-end management investment company. Its investment objective is a long-term capital appreciation which it seeks to achieve by investing in equity securities with trading in China and outside China. It invests in various industries such as Insurance, Entertainment, Machinery, Electrical Equipment, Beverages, Hotels, Restaurants and Leisure among others.
Executives
Yan Hu director 60 VICTORIA EMBANKMENT, LONDON X0 EC4Y 0JP
Theresa Noriega-lum officer: President 4 EMBARCADERO CENTER, SUITE 550, SAN FRANCISCO CA 94111
Iwanicki George John Jr director 8K THORMAN LANE, HUNTINGTON NY 11743
Julian Reid 10 percent owner C/O BROWN BROTHERS HARRIMAN, 50 POST OFFICE SQUARE, BOSTON MA 02110
City Of London Investment Group Plc 10 percent owner 77 GRACECHURCH STREET, LONDON X0 EC3V0AS
Frank L Wheeler officer: President FOUR EMBARCADERO CENTER, SUITE 550, SAN FRANCISCO CA 94111
Michael F Holland director
Richard Silver 10 percent owner C/O STATE STREET BANK AND TRUST COMPANY, ONE LINCOLN STREET, BOSTON MA 02111
City Of London Investment Management Co Ltd 10 percent owner 77 GRACECHURCH STREET, LONDON X0 EC3V0AS
Heiko Mildner other: Affiliated Person 1633 BROADWAY, NEW YORK NY 10019
Kathleen C. Thompson other: Affiliated Person 1633 BROADWAY, NEW YORK NY 10019
Jeffrey D Parker other: See remarks 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Douglas Eu other: SEE REMARKS C/O ALLIANZ GLOBAL INVESTORS U.S. LLC, 1633 BROADWAY, NEW YORK NY 10019
William Grau other: SEE REMARKS C/O ALLIANZ GLOBAL INVESTORS U.S. LLC, 1633 BROADWAY, NEW YORK NY 10019
Laura F. Dell officer: Treasurer 100 HUNTINGTON AVENUE, CPH 0326, BOSTON MA 02116

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