GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » CITIC Securities Co Ltd (OTCPK:CIIHY) » Definitions » Selling, General, & Admin. Expense

CITIC Securities Co (CITIC Securities Co) Selling, General, & Admin. Expense : $3,869 Mil (TTM As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is CITIC Securities Co Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. CITIC Securities Co's selling, general, & admin. expense for the three months ended in Mar. 2024 was $858 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2024 was $3,869 Mil.


CITIC Securities Co Selling, General, & Admin. Expense Historical Data

The historical data trend for CITIC Securities Co'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.

* Premium members only.

CITIC Securities Co Selling, General, & Admin. Expense Chart

CITIC Securities Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,504.01 3,080.54 4,416.32 4,110.21 4,060.46

CITIC Securities Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1,062.13 958.54 949.47 1,103.59 857.90

Competitive Comparison of CITIC Securities Co's Selling, General, & Admin. Expense

For the Capital Markets subindustry, CITIC Securities Co'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.


CITIC Securities Co's Selling, General, & Admin. Expense Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, CITIC Securities Co's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where CITIC Securities Co's Selling, General, & Admin. Expense falls into.



CITIC Securities Co 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,869 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.


CITIC Securities Co  (OTCPK:CIIHY) 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.


CITIC Securities Co Selling, General, & Admin. Expense Related Terms

Thank you for viewing the detailed overview of CITIC Securities Co's Selling, General, & Admin. Expense provided by GuruFocus.com. Please click on the following links to see related term pages.


CITIC Securities Co (CITIC Securities Co) Business Description

Address
1 Tim Mei Avenue, 26th Floor, CITIC Tower, Central, Hong Kong, HKG
CITIC Securities Co Ltd is a brokerage and investment group that provides brokerage, underwriting and sponsoring, proprietary trading, investment banking, asset management, investment advisory, and other services. The company's brokerage business consists of securities brokerage and futures brokerage and its asset management business includes portfolio management, directional asset management, special asset management, as well as fund management. The company offers financial services and products to a diverse client base including corporations, financial institutions, governments, and individuals. Citic Securities principally operates in mainland China and Hong Kong.

CITIC Securities Co (CITIC Securities Co) Headlines

From GuruFocus

Matthews China Fund Comments on CITIC Securities

By Holly LaFon Holly LaFon 12-01-2016