CVTV (China VTV) Selling, General, & Admin. Expense: $3.94 Mil (TTM As of Aug. 2020)

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Director of Data and Quant Analytics at GuruFocus
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What is China VTV Selling, General, & Admin. Expense?

China VTV CVTV Selling, General, & Admin. Expense is $3.94 Mil as of Aug. 2020.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. China VTV's selling, general, & admin. expense for the three months ended in Aug. 2020 was $1.56 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Aug. 2020 was $3.94 Mil.


China VTV  (OTCPK:CVTV) 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.


China VTV Selling, General, & Admin. Expense Related Terms


China VTV Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for China VTV'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.

China VTV Selling, General, & Admin. Expense Chart

China VTV Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20
Selling, General, & Admin. Expense
Get a 7-Day Free Trial 0.02 0.04 0.43 0.09 1.28

China VTV Quarterly Data
Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20
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 0.12 4.43 -3.37 1.33 1.56

CVTV vs REBL, CSSE, RLJE: Selling, General, & Admin. Expense Comparison

For the Internet Content & Information subindustry, China VTV'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.


China VTV Selling, General, & Admin. Expense vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, China VTV's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where China VTV's Selling, General, & Admin. Expense falls into.



China VTV 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 Aug. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.94 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 $3.94 Mil mean?
China VTV (CVTV) has a Selling, General, & Admin. Expense of $3.94 Mil as of Aug. 2020. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on China VTV and its competitors.
Is China VTV's Selling, General, & Admin. Expense too high?
China VTV's current Selling, General, & Admin. Expense is $3.94 Mil.
How does China VTV's Selling, General, & Admin. Expense compare to REBL and CSSE?
China VTV's Selling, General, & Admin. Expense of $3.94 Mil can be compared against companies in the Interactive Media 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 Interactive Media company?
A good Selling, General, & Admin. Expense depends on the Interactive Media 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 China VTV and its competitors. China VTV's current Selling, General, & Admin. Expense is $3.94 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China VTV stock overvalued right now?
China VTV (CVTV) has a current Selling, General, & Admin. Expense of $3.94 Mil. The current Selling, General, & Admin. Expense is $3.94 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 China VTV (CVTV), the current Selling, General, & Admin. Expense is $3.94 Mil as of Aug. 2020. 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.

China VTV Business Description

Address 315-321 Lockhart Road, 23 Floor, Flat C, Wan Chai, Hong Kong, HKG, 999077
China VTV Ltd is an early stage internet-based online entertainment media company that focuses on audience interaction, entertainment, and business opportunities. It has established a Blockchain cloud-based platform that distributes news, videos, television shows, travel programs, and other entertainment programs via the internet to the end devices, such as computers, smart TVs, smartphones, and tablets. The company generates revenue from the sales of copyrights, original stories, and finished products, licensing literal copyrights, and advertising services.