China Vanke Co (FRA:18V) Selling, General, & Admin. Expense: €1,584 Mil (TTM As of Mar. 2026)

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Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
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Charlie Tian
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.

FRA:18V China Vanke Co Ltd FRA:18V
35 GF Score
Price €0.26
GF Value €0.34
Valuation Modestly Undervalued
! 4 Warning Signs
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What is China Vanke Co Selling, General, & Admin. Expense?

China Vanke Co FRA:18V 35 Selling, General, & Admin. Expense is €1,584 Mil as of Mar. 2026. GuruFocus rates FRA:18V with a GF Score™ of 35/100 and a GF Value™ of €0.34 (Modestly Undervalued). The stock has 4 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. China Vanke Co's selling, general, & admin. expense for the three months ended in Mar. 2026 was €232 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was €1,584 Mil.


China Vanke Co  (FRA:18V) 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 Vanke Co Selling, General, & Admin. Expense Related Terms


China Vanke Co Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for China Vanke 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.

China Vanke Co Selling, General, & Admin. Expense Chart

China Vanke Co 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 3,202.87 2,978.43 2,316.72 2,200.72 1,657.87

China Vanke Co 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 313.90 431.63 393.75 526.96 231.70

China Vanke Co Selling, General, & Admin. Expense Competitor Comparison

For the Real Estate - Development subindustry, China Vanke 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.


China Vanke Co Selling, General, & Admin. Expense vs Real Estate Industry

For the Real Estate industry and Real Estate sector, China Vanke Co's Selling, General, & Admin. Expense distribution charts can be found below:

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


FRA:18V
35GF Score
China Vanke Co Ltd FRA:18V
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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China Vanke 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. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,584 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 €1,584 Mil mean?
China Vanke Co (FRA:18V) has a Selling, General, & Admin. Expense of €1,584 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 China Vanke Co and its competitors.
Is China Vanke Co's Selling, General, & Admin. Expense too high?
China Vanke Co's current Selling, General, & Admin. Expense is €1,584 Mil. Overall, China Vanke Co has a GF Score™ of 35/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Vanke Co's Selling, General, & Admin. Expense compare to competitors?
China Vanke Co's Selling, General, & Admin. Expense of €1,584 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Selling, General, & Admin. Expense depends on the Real Estate 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 Vanke Co and its competitors. China Vanke Co's current Selling, General, & Admin. Expense is €1,584 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Vanke Co stock overvalued right now?
Based on GuruFocus' analysis, China Vanke Co (FRA:18V) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.34, compared to a current price of €0.26 — trading 22.9% below its estimated fair value. The current Selling, General, & Admin. Expense is €1,584 Mil. China Vanke Co's overall GF Score™ is 35/100 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 China Vanke Co (FRA:18V), the current Selling, General, & Admin. Expense is €1,584 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 China Vanke Co (FRA:18V) Overvalued in 2026?

Based on GuruFocus' analysis, China Vanke Co stock appears to be undervalued. The current stock price of €0.26 is trading 22.9% below its estimated GF Value™ of €0.34. GuruFocus considers China Vanke Co to be Modestly Undervalued.

Key valuation signals for FRA:18V:

  • Selling, General, & Admin. Expense: €1,584 Mil
  • GF Value™: €0.34 vs. price of €0.26 (22.9% below fair value)
  • GF Score™: 35/100 with 4 warning signs

No single metric tells the full story. See the FRA:18V stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Vanke Co Business Description

Address Vanke Center, No. 33 Huanmei Road, Dameisha, Yantian District, Guangdong Province, Shenzhen, CHN, 518083
China Vanke is a large real estate developer in China with residential property sales among the top three of all peers through the past five years. While property development accounts for most of its revenue and earnings, it has expanded its business presence in investment properties such as commercial retail complexes, long-term leasing apartments, and leasable logistical assets. China Vanke also owns an over-60% equity interest in its property management division Onewo, which manages the second-largest gross floor area in China. It is dual-listed in Shenzhen and Hong Kong, and state-owned Shenzhen Metro is the largest shareholder with an about 27% stake.
35GF Score

Get the complete analysis for FRA:18V

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

€0.26
Price
€0.34
GF Value