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Jiangsu Yanghe Brewery JSC (SZSE:002304) Selling, General, & Admin. Expense : ¥5,797 Mil (TTM As of Sep. 2023)


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What is Jiangsu Yanghe Brewery JSC Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Jiangsu Yanghe Brewery JSC's selling, general, & admin. expense for the three months ended in Sep. 2023 was ¥2,503 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Sep. 2023 was ¥5,797 Mil.


Jiangsu Yanghe Brewery JSC Selling, General, & Admin. Expense Historical Data

The historical data trend for Jiangsu Yanghe Brewery JSC'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.

Jiangsu Yanghe Brewery JSC Selling, General, & Admin. Expense Chart

Jiangsu Yanghe Brewery JSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,045.44 3,221.62 3,099.39 4,105.31 4,818.82

Jiangsu Yanghe Brewery JSC Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 2,324.01 720.82 1,676.74 896.27 2,503.05

Competitive Comparison of Jiangsu Yanghe Brewery JSC's Selling, General, & Admin. Expense

For the Beverages - Wineries & Distilleries subindustry, Jiangsu Yanghe Brewery JSC'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.


Jiangsu Yanghe Brewery JSC's Selling, General, & Admin. Expense Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Jiangsu Yanghe Brewery JSC's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Jiangsu Yanghe Brewery JSC's Selling, General, & Admin. Expense falls into.



Jiangsu Yanghe Brewery JSC 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥5,797 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.


Jiangsu Yanghe Brewery JSC  (SZSE:002304) 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.


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Jiangsu Yanghe Brewery JSC (SZSE:002304) Business Description

Traded in Other Exchanges
N/A
Address
No. 118 Middle Avenue, Yanghe Town, Jiangsu Province, Suqian, CHN, 223800
Jiangsu Yanghe Brewery, founded in 2002, manufactures and markets baijiu (a distilled Chinese liquor) under the Yanghe, Shuanggou, and Sujiu brands. Yanghe's key products include the Blue Classic series, which accounted for about 80% of total sales, such as premium Dream Blue, mid- to high-end Sky Blue, and mass-market Ocean Blue. The company achieved revenue of CNY 30 billion in 2022, with half of sales from the non-Jiangsu market, leveraging its more than 8,000 distributors across China.

Jiangsu Yanghe Brewery JSC (SZSE:002304) Headlines

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