Zheshang Securities Co (SHSE:601878) General and Admin. Expense: ¥1,366 Mil (TTM As of Mar. 2026)

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SHSE:601878 Zheshang Securities Co Ltd SHSE:601878
63 GF Score
Price ¥9.67
GF Value ¥10.09
Valuation Fairly Valued
! 4 Warning Signs
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What is Zheshang Securities Co General and Admin. Expense?

Zheshang Securities Co SHSE:601878 +1.36% 63 General and Admin. Expense is ¥1,366 Mil as of Mar. 2026. GuruFocus rates SHSE:601878 with a GF Score™ of 63/100 and a GF Value™ of ¥10.09 (Fairly Valued). The stock has 4 warning signs investors should review.

General and Admin. Expense is the aggregate total of general managing and administering expenses for the company. Zheshang Securities Co's General and Admin. Expense for the three months ended in Mar. 2026 was ¥1,291 Mil. Its General and Admin. Expense for the trailing twelve months (TTM) ended in Mar. 2026 was ¥1,366 Mil.

Zheshang Securities Co General and Admin. Expense Related Terms

Zheshang Securities Co General and Admin. Expense Historical Data

* Premium members only.

The historical data trend for Zheshang Securities Co'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.

Zheshang Securities Co General and Admin. Expense Chart

Zheshang Securities Co 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 730.99 453.77 794.36 837.58 1,008.38

Zheshang Securities Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 934.03 -536.54 3,560.85 -2,949.96 1,291.23
SHSE:601878
63GF Score
Zheshang Securities Co Ltd SHSE:601878
General and Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Zheshang Securities Co 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥1,366 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 ¥1,366 Mil mean?
Zheshang Securities Co (SHSE:601878) has a General and Admin. Expense of ¥1,366 Mil as of Mar. 2026. General and Admin. Expense is the aggregate total of general managing and administering expenses for the company. View historical data on Zheshang Securities Co and its competitors.
Is Zheshang Securities Co's General and Admin. Expense too high?
Zheshang Securities Co's current General and Admin. Expense is ¥1,366 Mil. Overall, Zheshang Securities Co has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zheshang Securities Co's General and Admin. Expense compare to MS and GS?
Zheshang Securities Co's General and Admin. Expense of ¥1,366 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good General and Admin. Expense depends on the Capital Markets 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 Zheshang Securities Co and its competitors. Zheshang Securities Co's current General and Admin. Expense is ¥1,366 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zheshang Securities Co stock overvalued right now?
Based on GuruFocus' analysis, Zheshang Securities Co (SHSE:601878) is currently considered Fairly Valued. The stock's GF Value™ is ¥10.09, compared to a current price of ¥9.67 — trading 4.2% below its estimated fair value. The current General and Admin. Expense is ¥1,366 Mil. Zheshang Securities Co's overall GF Score™ is 63/100 with 4 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 Zheshang Securities Co (SHSE:601878), the current General and Admin. Expense is ¥1,366 Mil as of Mar. 2026. 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 Zheshang Securities Co (SHSE:601878) Overvalued in 2026?

Based on GuruFocus' analysis, Zheshang Securities Co stock appears to be undervalued. The current stock price of ¥9.67 is trading 4.2% below its estimated GF Value™ of ¥10.09. GuruFocus considers Zheshang Securities Co to be Fairly Valued.

Key valuation signals for SHSE:601878:

  • General and Admin. Expense: ¥1,366 Mil
  • GF Value™: ¥10.09 vs. price of ¥9.67 (4.2% below fair value)
  • GF Score™: 63/100 with 4 warning signs

No single metric tells the full story. See the SHSE:601878 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Zheshang Securities Co Business Description

Address No. 201, Wuxing Road, Jianggan District, Zhejiang Province, Hangzhou, CHN, 310020
Zheshang Securities Co Ltd is a securities brokerage firm. The company offers various services, including securities brokerage, investment banking, asset management, financial adviser services, investment consulting, securities self-operation, and margin trading services. It also engages in the financial futures brokerage business, commodity futures brokerage business, and asset management. It generates the majority of its revenue from the Futures business.
63GF Score

Get the complete analysis for SHSE:601878

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

¥9.67
Price
¥10.09
GF Value