Thantawan Industry PCL (BKK:THIP-R) Selling, General, & Admin. Expense: ฿576 Mil (TTM As of Mar. 2026)


BKK:THIP-R Thantawan Industry PCL BKK:THIP-R
68 GF Score
Price ฿23.00
GF Value ฿36.60
! 6 Warning Signs
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What is Thantawan Industry PCL Selling, General, & Admin. Expense?

Thantawan Industry PCL BKK:THIP-R 68 Selling, General, & Admin. Expense is ฿576 Mil as of Mar. 2026. GuruFocus rates BKK:THIP-R with a GF Score™ of 68/100 and a GF Value™ of ฿36.60. The stock has 6 warning signs investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Thantawan Industry PCL's selling, general, & admin. expense for the three months ended in Mar. 2026 was ฿151 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was ฿576 Mil.


Thantawan Industry PCL  (BKK:THIP-R) 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.


Thantawan Industry PCL Selling, General, & Admin. Expense Related Terms


Thantawan Industry PCL Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Thantawan Industry PCL'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.

Thantawan Industry PCL Selling, General, & Admin. Expense Chart

Thantawan Industry PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 371.02 408.71 413.98 510.34 574.45

Thantawan Industry PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 151.18 143.43 149.51 132.08 150.89

BKK:THIP-R vs SW, PKG, IP: Selling, General, & Admin. Expense Comparison

For the Packaging & Containers subindustry, Thantawan Industry PCL'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.


Thantawan Industry PCL Selling, General, & Admin. Expense vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Thantawan Industry PCL's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Thantawan Industry PCL's Selling, General, & Admin. Expense falls into.


BKK:THIP-R
68GF Score
Thantawan Industry PCL BKK:THIP-R
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Thantawan Industry PCL 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿576 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 ฿576 Mil mean?
Thantawan Industry PCL (BKK:THIP-R) has a Selling, General, & Admin. Expense of ฿576 Mil as of Mar. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Thantawan Industry PCL and its competitors.
Is Thantawan Industry PCL's Selling, General, & Admin. Expense too high?
Thantawan Industry PCL's current Selling, General, & Admin. Expense is ฿576 Mil. Overall, Thantawan Industry PCL has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Thantawan Industry PCL's Selling, General, & Admin. Expense compare to SW and PKG?
Thantawan Industry PCL's Selling, General, & Admin. Expense of ฿576 Mil can be compared against companies in the Packaging & Containers 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 Packaging & Containers company?
A good Selling, General, & Admin. Expense depends on the Packaging & Containers 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 Thantawan Industry PCL and its competitors. Thantawan Industry PCL's current Selling, General, & Admin. Expense is ฿576 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thantawan Industry PCL stock overvalued right now?
Thantawan Industry PCL (BKK:THIP-R) has a current Selling, General, & Admin. Expense of ฿576 Mil. The stock's GF Value™ is ฿36.60, compared to a current price of ฿23.00 — trading 37.2% below its estimated fair value. The current Selling, General, & Admin. Expense is ฿576 Mil. Thantawan Industry PCL's overall GF Score™ is 68/100 with 6 warning signs to review. 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 Thantawan Industry PCL (BKK:THIP-R), the current Selling, General, & Admin. Expense is ฿576 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 Thantawan Industry PCL (BKK:THIP-R) Overvalued in 2026?

Based on GuruFocus' analysis, Thantawan Industry PCL stock appears to be undervalued. The current stock price of ฿23.00 is trading 37.2% below its estimated GF Value™ of ฿36.60.

Key valuation signals for BKK:THIP-R:

  • Selling, General, & Admin. Expense: ฿576 Mil
  • GF Value™: ฿36.60 vs. price of ฿23.00 (37.2% below fair value)
  • GF Score™: 68/100 with 6 warning signs

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


Thantawan Industry PCL Business Description

Other Exchanges THIP:Thailand
Address Soi Kangwal 2, Phetkasem Road, 143-144, Moo 8, Omyai, Sampran, Nakornpathom, THA, 73160
Thantawan Industry PCL is a Thailand-based company that engages in the manufacturing and selling of plastic products, such as general plastic bags, thin bags, and drinking straws. The Group manufactures and sells plastic products, which are divided into two main products: plastic bags and straw products. Other products are Zipper tape and resin scrap, etc. Key revenue is generated from Plastic bag. The geographical area of its operation is Thailand and Vietnam.
68GF Score

Get the complete analysis for BKK:THIP-R

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

฿23.00
Price
฿36.60
GF Value