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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Morgan Stanley China A Share Fund's selling, general, & admin. expense for the
six
months ended in Dec. 2025 was $0.53 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was $0.93 Mil.
Morgan Stanley China A Share Fund (NYSE:CAF) 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.
Morgan Stanley China A Share Fund Selling, General, & Admin. Expense Related Terms
Morgan Stanley China A Share Fund Selling, General, & Admin. Expense Historical Data
* 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.
Morgan Stanley China A Share Fund Selling, General, & Admin. Expense Chart
CAF vs HIO, BKT, HPF: Selling, General, & Admin. Expense Comparison
For the Asset Management subindustry, Morgan Stanley China A Share Fund'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.
Morgan Stanley China A Share Fund Selling, General, & Admin. Expense vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Morgan Stanley China A Share Fund's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where Morgan Stanley China A Share Fund's Selling, General, & Admin. Expense falls into.
Morgan Stanley China A Share Fund 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 $0.93 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 $0.93 Mil mean?
Morgan Stanley China A Share Fund (CAF) has a Selling, General, & Admin. Expense of $0.93 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 Morgan Stanley China A Share Fund and its competitors.
Is Morgan Stanley China A Share Fund's Selling, General, & Admin. Expense too high?
Morgan Stanley China A Share Fund's current Selling, General, & Admin. Expense is $0.93 Mil. Overall, Morgan Stanley China A Share Fund has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Morgan Stanley China A Share Fund's Selling, General, & Admin. Expense compare to HIO and BKT?
Morgan Stanley China A Share Fund's Selling, General, & Admin. Expense of $0.93 Mil can be compared against companies in the Asset Management 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 an Asset Management company?
A good Selling, General, & Admin. Expense depends on the Asset Management 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 Morgan Stanley China A Share Fund and its competitors. Morgan Stanley China A Share Fund's current Selling, General, & Admin. Expense is $0.93 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morgan Stanley China A Share Fund stock overvalued right now?
Morgan Stanley China A Share Fund (CAF) has a current Selling, General, & Admin. Expense of $0.93 Mil. The current Selling, General, & Admin. Expense is $0.93 Mil. Morgan Stanley China A Share Fund's overall GF Score™ is 37/100 with 4 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 Morgan Stanley China A Share Fund (CAF), the current Selling, General, & Admin. Expense is $0.93 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.
Morgan Stanley China A Share Fund Business Description
Morgan Stanley China A Share Fund Inc is the United States based non-diversified, closed-end management investment company. Its investment objective is to seek capital growth by investing a majority of its assets in A-shares of Chinese companies listed on the Shanghai and Shenzhen Stock Exchanges. Its portfolio of investments consists of investment in different sectors such as the aerospace and defense, banks, automobiles, household durables, media, pharmaceuticals, software and other sectors.
37GF Score
Get the complete analysis for CAF
Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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