AviChina Industry & Technology Co (FRA:AVT) Selling, General, & Admin. Expense: €156 Mil (TTM As of Dec. 2025)

Author: Vera Yuan Vera Yuan
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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:AVT AviChina Industry & Technology Co Ltd FRA:AVT
83 GF Score
Price €0.31
GF Value €0.48
Valuation Possible Value Trap
! 5 Warning Signs
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What is AviChina Industry & Technology Co Selling, General, & Admin. Expense?

AviChina Industry & Technology Co FRA:AVT -0.45% 83 Selling, General, & Admin. Expense is €156 Mil as of Dec. 2025. GuruFocus rates FRA:AVT with a GF Score™ of 83/100 and a GF Value™ of €0.48 (Possible Value Trap). The stock has 5 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. AviChina Industry & Technology Co's selling, general, & admin. expense for the six months ended in Dec. 2025 was €105 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was €156 Mil.


AviChina Industry & Technology Co  (FRA:AVT) 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.


AviChina Industry & Technology Co Selling, General, & Admin. Expense Related Terms


AviChina Industry & Technology Co Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for AviChina Industry & Technology 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.

AviChina Industry & Technology Co Selling, General, & Admin. Expense Chart

AviChina Industry & Technology 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 133.91 194.64 189.27 177.90 156.56

AviChina Industry & Technology 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 94.22 71.78 104.37 51.75 104.59

FRA:AVT vs SPCX, GE, RTX: Selling, General, & Admin. Expense Comparison

For the Aerospace & Defense subindustry, AviChina Industry & Technology 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.


AviChina Industry & Technology Co Selling, General, & Admin. Expense vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, AviChina Industry & Technology Co's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where AviChina Industry & Technology Co's Selling, General, & Admin. Expense falls into.


FRA:AVT
83GF Score
AviChina Industry & Technology Co Ltd FRA:AVT
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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AviChina Industry & Technology 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 €156 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 €156 Mil mean?
AviChina Industry & Technology Co (FRA:AVT) has a Selling, General, & Admin. Expense of €156 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 AviChina Industry & Technology Co and its competitors.
Is AviChina Industry & Technology Co's Selling, General, & Admin. Expense too high?
AviChina Industry & Technology Co's current Selling, General, & Admin. Expense is €156 Mil. Overall, AviChina Industry & Technology Co has a GF Score™ of 83/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does AviChina Industry & Technology Co's Selling, General, & Admin. Expense compare to SPCX and GE?
AviChina Industry & Technology Co's Selling, General, & Admin. Expense of €156 Mil can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?
A good Selling, General, & Admin. Expense depends on the Aerospace & Defense 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 AviChina Industry & Technology Co and its competitors. AviChina Industry & Technology Co's current Selling, General, & Admin. Expense is €156 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AviChina Industry & Technology Co stock overvalued right now?
Based on GuruFocus' analysis, AviChina Industry & Technology Co (FRA:AVT) is currently considered Possible Value Trap. The stock's GF Value™ is €0.48, compared to a current price of €0.31 — trading 34.8% below its estimated fair value. The current Selling, General, & Admin. Expense is €156 Mil. AviChina Industry & Technology Co's overall GF Score™ is 83/100 with 5 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 AviChina Industry & Technology Co (FRA:AVT), the current Selling, General, & Admin. Expense is €156 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 AviChina Industry & Technology Co (FRA:AVT) Overvalued in 2026?

Based on GuruFocus' analysis, AviChina Industry & Technology Co stock appears to be undervalued. The current stock price of €0.31 is trading 34.8% below its estimated GF Value™ of €0.48. GuruFocus considers AviChina Industry & Technology Co to be Possible Value Trap.

Key valuation signals for FRA:AVT:

  • Selling, General, & Admin. Expense: €156 Mil
  • GF Value™: €0.48 vs. price of €0.31 (34.8% below fair value)
  • GF Score™: 83/100 with 5 warning signs

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


AviChina Industry & Technology Co Business Description

Other Exchanges AVIJF:USA02357:Hong Kong
Address No. 14 Xiaoguan Dongli, 6th floor, Building A, Andingmenwai, Chaoyang District, Beijing, CHN, 100029
AviChina Industry & Technology Co Ltd is engaged in the development, manufacture, sales, and upgrade of civil aviation products and defense products, such as the provision of helicopters, trainer aircraft, general-purpose aircraft, and regional jets for domestic and overseas customers, and the co-development and manufacture of aviation products with foreign aviation product manufacturers. AviChina has three operating segments: Aviation, entire aircraft; Aviation ancillary system and related business, which generates key revenue; and Aviation engineering services. The Aviation entire aircraft segment includes helicopters, trainer aircraft, and general aircraft for both civil and military uses. AviChina mainly conducts its business in China.
83GF Score

Get the complete analysis for FRA:AVT

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

€0.31
Price
€0.48
GF Value