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Waterdrop (FRA:717) Selling, General, & Admin. Expense : €98.7 Mil (TTM As of Dec. 2023)


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What is Waterdrop Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Waterdrop's selling, general, & admin. expense for the three months ended in Dec. 2023 was €-15.4 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2023 was €98.7 Mil.


Waterdrop Selling, General, & Admin. Expense Historical Data

The historical data trend for Waterdrop'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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Waterdrop Selling, General, & Admin. Expense Chart

Waterdrop Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Selling, General, & Admin. Expense
Get a 7-Day Free Trial 153.92 318.99 464.07 94.29 96.62

Waterdrop Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -8.18 36.49 38.74 38.82 -15.38

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

For the Insurance - Diversified subindustry, Waterdrop'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.


Waterdrop's Selling, General, & Admin. Expense Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Waterdrop's Selling, General, & Admin. Expense distribution charts can be found below:

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



Waterdrop 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 quarterly data reported by the company within the most recent 12 months, which was €98.7 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.


Waterdrop  (FRA:717) 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.


Waterdrop Selling, General, & Admin. Expense Related Terms

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Waterdrop (FRA:717) Business Description

Industry
Traded in Other Exchanges
Address
No. 2 Lize Zhonger Road, Block C, Wangjing Science and Technology Park, Chaoyang District, Beijing, CHN, 100102
Waterdrop Inc is a technology platform dedicated to insurance and healthcare service. It is a third-party insurance platform in China in terms of life and health insurance. It generates revenues from the PRC.

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