Harbin Bank Co (FRA:5H6) Selling, General, & Admin. Expense: €204 Mil (TTM As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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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:5H6 Harbin Bank Co Ltd FRA:5H6
41 GF Score
Price €0.03
GF Value €0.03
Valuation Fairly Valued
! 4 Warning Signs
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What is Harbin Bank Co Selling, General, & Admin. Expense?

Harbin Bank Co FRA:5H6 41 Selling, General, & Admin. Expense is €204 Mil as of Dec. 2025. GuruFocus rates FRA:5H6 with a GF Score™ of 41/100 and a GF Value™ of €0.03 (Fairly Valued). 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. Harbin Bank Co's selling, general, & admin. expense for the six months ended in Dec. 2025 was €110 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was €204 Mil.


Harbin Bank Co  (FRA:5H6) 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.


Harbin Bank Co Selling, General, & Admin. Expense Related Terms


Harbin Bank Co Selling, General, & Admin. Expense Historical Data

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The historical data trend for Harbin Bank 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.

Harbin Bank Co Selling, General, & Admin. Expense Chart

Harbin Bank 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 179.78 209.04 229.15 207.50 204.82

Harbin Bank Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 136.44 78.73 126.86 94.72 109.70

Harbin Bank Co Selling, General, & Admin. Expense Competitor Comparison

For the Banks - Regional subindustry, Harbin Bank 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.


Harbin Bank Co Selling, General, & Admin. Expense vs Banks Industry

For the Banks industry and Financial Services sector, Harbin Bank Co's Selling, General, & Admin. Expense distribution charts can be found below:

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


FRA:5H6
41GF Score
Harbin Bank Co Ltd FRA:5H6
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Harbin Bank 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was €204 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 €204 Mil mean?
Harbin Bank Co (FRA:5H6) has a Selling, General, & Admin. Expense of €204 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 Harbin Bank Co and its competitors.
Is Harbin Bank Co's Selling, General, & Admin. Expense too high?
Harbin Bank Co's current Selling, General, & Admin. Expense is €204 Mil. Overall, Harbin Bank Co has a GF Score™ of 41/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Harbin Bank Co's Selling, General, & Admin. Expense compare to competitors?
Harbin Bank Co's Selling, General, & Admin. Expense of €204 Mil can be compared against companies in the Banks 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 Banks company?
A good Selling, General, & Admin. Expense depends on the Banks 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 Harbin Bank Co and its competitors. Harbin Bank Co's current Selling, General, & Admin. Expense is €204 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harbin Bank Co stock overvalued right now?
Based on GuruFocus' analysis, Harbin Bank Co (FRA:5H6) is currently considered Fairly Valued. The stock's GF Value™ is €0.03, compared to a current price of €0.03 — trading 6.7% above its estimated fair value. The current Selling, General, & Admin. Expense is €204 Mil. Harbin Bank Co's overall GF Score™ is 41/100 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 Harbin Bank Co (FRA:5H6), the current Selling, General, & Admin. Expense is €204 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.

Is Harbin Bank Co (FRA:5H6) Overvalued in 2026?

Based on GuruFocus' analysis, Harbin Bank Co stock appears to be overvalued. The current stock price of €0.03 is trading 6.7% above its estimated GF Value™ of €0.03. GuruFocus considers Harbin Bank Co to be Fairly Valued.

Key valuation signals for FRA:5H6:

  • Selling, General, & Admin. Expense: €204 Mil
  • GF Value™: €0.03 vs. price of €0.03 (6.7% above fair value)
  • GF Score™: 41/100 with 4 warning signs

No single metric tells the full story. See the FRA:5H6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Harbin Bank Co Business Description

Other Exchanges 06138:Hong Kong
Address No. 888 Shangjiang Street, Daoli District, Heilongjiang Province, Harbin, CHN, 150010
Harbin Bank Co Ltd provides deposit services, loan services, payment and settlement services and financial leasing services, as well as other financial services approved by the NFRA. Its segments include Corporate financial business, Retail financial business, Interbank financial business, and Other business. The majority of the revenue is derived from Corporate financial business which provides financial products and services to corporate customers, including deposits, loans, settlement and clearing and other products and services relating to the trading business. Its geographical segments include Heilongjiang region, Other regions in Northeastern China, Southwestern China, and Other regions.
41GF Score

Get the complete analysis for FRA:5H6

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

€0.03
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€0.03
GF Value