China Merchants Land (HKSE:00978) General and Admin. Expense: HK$241 Mil (TTM As of Dec. 2025)

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HKSE:00978 China Merchants Land Ltd HKSE:00978
43 GF Score
Price HK$0.24
GF Value HK$0.31
Valuation Modestly Undervalued
! 8 Warning Signs
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What is China Merchants Land General and Admin. Expense?

China Merchants Land HKSE:00978 +0.84% 43 General and Admin. Expense is HK$241 Mil as of Dec. 2025. GuruFocus rates HKSE:00978 with a GF Score™ of 43/100 and a GF Value™ of HK$0.31 (Modestly Undervalued). The stock has 8 warning signs investors should review.

General and Admin. Expense is the aggregate total of general managing and administering expenses for the company. China Merchants Land's General and Admin. Expense for the six months ended in Dec. 2025 was HK$145 Mil. Its General and Admin. Expense for the trailing twelve months (TTM) ended in Dec. 2025 was HK$241 Mil.

China Merchants Land General and Admin. Expense Related Terms

China Merchants Land General and Admin. Expense Historical Data

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The historical data trend for China Merchants Land'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.

China Merchants Land General and Admin. Expense Chart

China Merchants Land 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 340.01 330.90 414.67 180.44 241.70

China Merchants Land 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 305.66 15.60 164.97 95.83 144.85
HKSE:00978
43GF Score
China Merchants Land Ltd HKSE:00978
General and Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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China Merchants Land 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$241 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$241 Mil mean?
China Merchants Land (HKSE:00978) has a General and Admin. Expense of HK$241 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 China Merchants Land and its competitors.
Is China Merchants Land's General and Admin. Expense too high?
China Merchants Land's current General and Admin. Expense is HK$241 Mil. Overall, China Merchants Land has a GF Score™ of 43/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Merchants Land's General and Admin. Expense compare to competitors?
China Merchants Land's General and Admin. Expense of HK$241 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good General and Admin. Expense depends on the Real Estate 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 China Merchants Land and its competitors. China Merchants Land's current General and Admin. Expense is HK$241 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Merchants Land stock overvalued right now?
Based on GuruFocus' analysis, China Merchants Land (HKSE:00978) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.31, compared to a current price of HK$0.24 — trading 22.6% below its estimated fair value. The current General and Admin. Expense is HK$241 Mil. China Merchants Land's overall GF Score™ is 43/100 with 8 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 China Merchants Land (HKSE:00978), the current General and Admin. Expense is HK$241 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 China Merchants Land (HKSE:00978) Overvalued in 2026?

Based on GuruFocus' analysis, China Merchants Land stock appears to be undervalued. The current stock price of HK$0.24 is trading 22.6% below its estimated GF Value™ of HK$0.31. GuruFocus considers China Merchants Land to be Modestly Undervalued.

Key valuation signals for HKSE:00978:

  • General and Admin. Expense: HK$241 Mil
  • GF Value™: HK$0.31 vs. price of HK$0.24 (22.6% below fair value)
  • GF Score™: 43/100 with 8 warning signs

No single metric tells the full story. See the HKSE:00978 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

China Merchants Land Business Description

Other Exchanges TNY1:Germany
Address No. 303 Des Voeux Road Central, 8th Floor, China Merchants Plaza, Hong Kong, HKG
China Merchants Land Ltd is an investment holding company. The company is principally engaged in the development, sale, lease, investment and management of properties; assets management; and investment holding activities. The company has two operating segment Development and sales of properties and property leasing (Properties Segment); and Asset management for office premises and shopping malls (Asset Management Segment). The company generated majority of revenue from Properties Segment. The company has presence in Foshan, Guangzhou, Nanjing and Jurong, Chongqing, Xi'an, and Hong Kong.
43GF Score

Get the complete analysis for HKSE:00978

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

HK$0.24
Price
HK$0.31
GF Value