Golden State Mining (ASX:GSM) Selling, General, & Admin. Expense: A$0.73 Mil (TTM As of Dec. 2025)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Golden State Mining Selling, General, & Admin. Expense?

Golden State Mining ASX:GSM +9.09% Selling, General, & Admin. Expense is A$0.73 Mil as of Dec. 2025. The stock has 1 warning sign investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Golden State Mining's selling, general, & admin. expense for the six months ended in Dec. 2025 was A$0.27 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.73 Mil.


Golden State Mining  (ASX:GSM) 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.


Golden State Mining Selling, General, & Admin. Expense Related Terms


Golden State Mining Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Golden State Mining'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.

Golden State Mining Selling, General, & Admin. Expense Chart

Golden State Mining Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial 1.72 1.49 1.49 1.08 0.95

Golden State Mining Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.59 0.49 0.49 0.46 0.27

ASX:GSM vs NEM, AU: Selling, General, & Admin. Expense Comparison

For the Gold subindustry, Golden State Mining'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.


Golden State Mining Selling, General, & Admin. Expense vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Golden State Mining's Selling, General, & Admin. Expense distribution charts can be found below:

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



Golden State Mining 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. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.73 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 Selling, General, & Admin. Expense of A$0.73 Mil mean?
Golden State Mining (ASX:GSM) has a Selling, General, & Admin. Expense of A$0.73 Mil as of Dec. 2025. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Golden State Mining and its competitors.
Is Golden State Mining's Selling, General, & Admin. Expense too high?
Golden State Mining's current Selling, General, & Admin. Expense is A$0.73 Mil.
How does Golden State Mining's Selling, General, & Admin. Expense compare to NEM and AU?
Golden State Mining's Selling, General, & Admin. Expense of A$0.73 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for a Metals & Mining company?
A good Selling, General, & Admin. Expense depends on the Metals & Mining industry context. However, Selling, General, & 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 Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Golden State Mining and its competitors. Golden State Mining's current Selling, General, & Admin. Expense is A$0.73 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden State Mining stock overvalued right now?
Golden State Mining (ASX:GSM) has a current Selling, General, & Admin. Expense of A$0.73 Mil. The current Selling, General, & Admin. Expense is A$0.73 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Golden State Mining (ASX:GSM), the current Selling, General, & Admin. Expense is A$0.73 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.

Golden State Mining Business Description

Address 19-21 Outram Street, Suite 15, West Perth, Perth, WA, AUS, 6005
Golden State Mining Ltd is a resources exploration company. It is mainly engaged in the acquisition and exploration of assets in Western Australia. The firm is occupied in the exploration of Murchison Project, Yule Project, Four Mile Well Project, Paynes Find Lithium Project, Southern Cross Gold Project.