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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. China Galaxy Securities Co's selling, general, & admin. expense for the
six
months ended in Dec. 2025 was €84 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was €154 Mil.
China Galaxy Securities Co (FRA:CGL) 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 Galaxy Securities Co Selling, General, & Admin. Expense Related Terms
China Galaxy Securities Co Selling, General, & Admin. Expense Historical Data
* Premium members only.
The historical data trend for China Galaxy 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.
China Galaxy Securities Co Selling, General, & Admin. Expense Chart
FRA:CGL vs VOYA, FRHC: Selling, General, & Admin. Expense Comparison
For the Financial Conglomerates subindustry, China Galaxy 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.
China Galaxy Securities Co Selling, General, & Admin. Expense vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, China Galaxy Securities Co's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where China Galaxy Securities Co's Selling, General, & Admin. Expense falls into.
China Galaxy 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was €154 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 €154 Mil mean?
China Galaxy Securities Co (FRA:CGL) has a Selling, General, & Admin. Expense of €154 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 China Galaxy Securities Co and its competitors.
Is China Galaxy Securities Co's Selling, General, & Admin. Expense too high?
China Galaxy Securities Co's current Selling, General, & Admin. Expense is €154 Mil. Overall, China Galaxy Securities Co has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does China Galaxy Securities Co's Selling, General, & Admin. Expense compare to VOYA and FRHC?
China Galaxy Securities Co's Selling, General, & Admin. Expense of €154 Mil can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Selling, General, & Admin. Expense depends on the Diversified Financial Services 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 Galaxy Securities Co and its competitors. China Galaxy Securities Co's current Selling, General, & Admin. Expense is €154 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Galaxy Securities Co stock overvalued right now?
China Galaxy Securities Co (FRA:CGL) has a current Selling, General, & Admin. Expense of €154 Mil. The stock's GF Value™ is €0.92, compared to a current price of €0.83 — trading 10.3% below its estimated fair value. The current Selling, General, & Admin. Expense is €154 Mil. China Galaxy Securities Co's overall GF Score™ is 76/100 with 3 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 Galaxy Securities Co (FRA:CGL), the current Selling, General, & Admin. Expense is €154 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 China Galaxy Securities Co (FRA:CGL) Overvalued in 2026?
Based on GuruFocus' analysis, China Galaxy Securities Co stock appears to be undervalued.
The current stock price of €0.83 is trading 10.3% below its estimated GF Value™ of €0.92.
Key valuation signals for FRA:CGL:
Selling, General, & Admin. Expense: €154 Mil
GF Value™: €0.92 vs. price of €0.83 (10.3% below fair value)
No single metric tells the full story. See the FRA:CGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Galaxy Securities Co Ltd is an integrated financial services provider in the Chinese securities industry. It is principally engaged in securities and futures brokerage, institutional sales and investment research, proprietary trading and other securities trading services, margin financing and securities lending, asset management and wealth management, and equity investment management. The company's segments include the wealth management business, investment banking business, institutional business, international business, investment trading business, and other parent-subsidiary integration business.
76GF Score
Get the complete analysis for FRA:CGL
Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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