What is China Jinmao Holdings Group 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 Jinmao Holdings Group's selling, general, & admin. expense for the
six
months ended in Dec. 2023 was HK$4,000 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$7,472 Mil.
China Jinmao Holdings Group Selling, General, & Admin. Expense Historical Data
The historical data trend for China Jinmao Holdings Group'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 Jinmao Holdings Group Selling, General, & Admin. Expense Chart
Competitive Comparison of China Jinmao Holdings Group's Selling, General, & Admin. Expense
For the Real Estate - Development subindustry, China Jinmao Holdings Group'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 Jinmao Holdings Group's Selling, General, & Admin. Expense Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, China Jinmao Holdings Group's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where China Jinmao Holdings Group's Selling, General, & Admin. Expense falls into.
China Jinmao Holdings Group 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 HK$7,472 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 Jinmao Holdings Group (HKSE:00817) 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 Jinmao Holdings Group Selling, General, & Admin. Expense Related Terms
Thank you for viewing the detailed overview of China Jinmao Holdings Group's Selling, General, & Admin. Expense provided by GuruFocus.com. Please click on the following links to see related term pages.
China Jinmao Holdings Group (HKSE:00817) Business Description
China Jinmao, formerly known as Franshion Properties, is a mid-cap real estate developer in China, and listed on the Hong Kong stock exchange in 2007. As the real estate arm of Sinochem, a leading government-controlled chemical-producing conglomerate, China Jinmao focuses on the development of high-end residential projects in higher-tier cities of China with premium pricing. It also engages in a unique city operation model, in which it has opportunities to participate in large-scale primary and secondary land development through specific agreements with local government. Under the mixed ownership reform initiative, China Jinmao brought in Ping An as a long-term financial investor and as the second largest shareholder.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:00817 has been successfully added to your 