VSTECS Holdings (HKSE:00856) General and Admin. Expense: HK$725 Mil (TTM As of Dec. 2025)

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HKSE:00856 VSTECS Holdings Ltd HKSE:00856
88 GF Score
Price HK$8.95
GF Value HK$6.42
Valuation Significantly Overvalued
! 2 Warning Signs
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What is VSTECS Holdings General and Admin. Expense?

VSTECS Holdings HKSE:00856 +1.82% 88 General and Admin. Expense is HK$725 Mil as of Dec. 2025. GuruFocus rates HKSE:00856 with a GF Score™ of 88/100 and a GF Value™ of HK$6.42 (Significantly Overvalued). The stock has 2 warning signs investors should review.

General and Admin. Expense is the aggregate total of general managing and administering expenses for the company. VSTECS Holdings's General and Admin. Expense for the six months ended in Dec. 2025 was HK$290 Mil. Its General and Admin. Expense for the trailing twelve months (TTM) ended in Dec. 2025 was HK$725 Mil.

VSTECS Holdings General and Admin. Expense Related Terms

VSTECS Holdings General and Admin. Expense Historical Data

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The historical data trend for VSTECS Holdings's General and 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.

VSTECS Holdings General and Admin. Expense Chart

VSTECS Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
General and Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 622.97 695.52 712.27 769.72 725.34

VSTECS Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
General and 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 367.87 354.59 415.13 435.54 289.80
HKSE:00856
88GF Score
VSTECS Holdings Ltd HKSE:00856
General and Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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VSTECS Holdings General and Admin. Expense Calculation

General and Admin. Expense is the aggregate total of general managing and administering expenses for the company.

General and Admin. Expense for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$725 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.

What does a General and Admin. Expense of HK$725 Mil mean?
VSTECS Holdings (HKSE:00856) has a General and Admin. Expense of HK$725 Mil as of Dec. 2025. General and Admin. Expense is the aggregate total of general managing and administering expenses for the company. View historical data on VSTECS Holdings and its competitors.
Is VSTECS Holdings' General and Admin. Expense too high?
VSTECS Holdings' current General and Admin. Expense is HK$725 Mil. Overall, VSTECS Holdings has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VSTECS Holdings' General and Admin. Expense compare to IBM and ACN?
VSTECS Holdings' General and Admin. Expense of HK$725 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good General and Admin. Expense for a Software company?
A good General and Admin. Expense depends on the Software industry context. However, General and Admin. Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high General and Admin. Expense mean?
A high General and Admin. Expense can signal that a stock is expensive relative to its fundamentals. General and Admin. Expense is the aggregate total of general managing and administering expenses for the company. View historical data on VSTECS Holdings and its competitors. VSTECS Holdings's current General and Admin. Expense is HK$725 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VSTECS Holdings stock overvalued right now?
Based on GuruFocus' analysis, VSTECS Holdings (HKSE:00856) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$6.42, compared to a current price of HK$8.95 — trading 39.4% above its estimated fair value. The current General and Admin. Expense is HK$725 Mil. VSTECS Holdings' overall GF Score™ is 88/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is General and Admin. Expense calculated?
General and Admin. Expense is calculated from a company's financial statements. For VSTECS Holdings (HKSE:00856), the current General and Admin. Expense is HK$725 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is VSTECS Holdings (HKSE:00856) Overvalued in 2026?

Based on GuruFocus' analysis, VSTECS Holdings stock appears to be overvalued. The current stock price of HK$8.95 is trading 39.4% above its estimated GF Value™ of HK$6.42. GuruFocus considers VSTECS Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:00856:

  • General and Admin. Expense: HK$725 Mil
  • GF Value™: HK$6.42 vs. price of HK$8.95 (39.4% above fair value)
  • GF Score™: 88/100 with 2 warning signs

No single metric tells the full story. See the HKSE:00856 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

VSTECS Holdings Business Description

Address 200 Connaught Road Central, Unit 3312, 33rd Floor, China Merchants Tower, Shun Tak Centre, Hong Kong, HKG
VSTECS Holdings Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in the development of an information technology (IT) product channel and the provision of technical solution integration services. The group's business segments include Consumer electronics, Enterprise systems, and Cloud computing. A majority of its revenue is generated from the Enterprise systems segment, which provides enterprise system tools (middleware, operating systems, Unix/NT servers, databases, and storage) for IT infrastructure and IT infrastructure design and implementation, training, maintenance, and support services. Geographically, the group generates maximum revenue from North Asia and the rest from Southeast Asia.
88GF Score

Get the complete analysis for HKSE:00856

General and Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$8.95
Price
HK$6.42
GF Value