China Resources Land (FRA:CHZ) Selling, General, & Admin. Expense: €1,759 Mil (TTM As of Dec. 2025)

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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.
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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:CHZ China Resources Land Ltd FRA:CHZ
86 GF Score
Price €3.58
GF Value €3.29
Valuation Fairly Valued
! 10 Warning Signs
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What is China Resources Land Selling, General, & Admin. Expense?

China Resources Land FRA:CHZ +0.56% 86 Selling, General, & Admin. Expense is €1,759 Mil as of Dec. 2025. GuruFocus rates FRA:CHZ with a GF Score™ of 86/100 and a GF Value™ of €3.29 (Fairly Valued). The stock has 10 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 Resources Land's selling, general, & admin. expense for the six months ended in Dec. 2025 was €1,182 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was €1,759 Mil.


China Resources Land  (FRA:CHZ) 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 Resources Land Selling, General, & Admin. Expense Related Terms


China Resources Land Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for China Resources Land'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 Resources Land Selling, General, & Admin. Expense Chart

China Resources Land 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 1,662.56 1,527.40 1,795.48 1,815.40 1,761.61

China Resources Land 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 1,161.36 587.80 1,213.31 577.33 1,181.85

China Resources Land Selling, General, & Admin. Expense Competitor Comparison

For the Real Estate - Development subindustry, China Resources Land'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 Resources Land Selling, General, & Admin. Expense vs Real Estate Industry

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

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


FRA:CHZ
86GF Score
China Resources Land Ltd FRA:CHZ
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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China Resources Land 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 €1,759 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 €1,759 Mil mean?
China Resources Land (FRA:CHZ) has a Selling, General, & Admin. Expense of €1,759 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 Resources Land and its competitors.
Is China Resources Land's Selling, General, & Admin. Expense too high?
China Resources Land's current Selling, General, & Admin. Expense is €1,759 Mil. Overall, China Resources Land has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Resources Land's Selling, General, & Admin. Expense compare to competitors?
China Resources Land's Selling, General, & Admin. Expense of €1,759 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 Resources Land and its competitors. China Resources Land's current Selling, General, & Admin. Expense is €1,759 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Resources Land stock overvalued right now?
Based on GuruFocus' analysis, China Resources Land (FRA:CHZ) is currently considered Fairly Valued. The stock's GF Value™ is €3.29, compared to a current price of €3.58 — trading 8.8% above its estimated fair value. The current Selling, General, & Admin. Expense is €1,759 Mil. China Resources Land's overall GF Score™ is 86/100 with 10 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 Resources Land (FRA:CHZ), the current Selling, General, & Admin. Expense is €1,759 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 Resources Land (FRA:CHZ) Overvalued in 2026?

Based on GuruFocus' analysis, China Resources Land stock appears to be overvalued. The current stock price of €3.58 is trading 8.8% above its estimated GF Value™ of €3.29. GuruFocus considers China Resources Land to be Fairly Valued.

Key valuation signals for FRA:CHZ:

  • Selling, General, & Admin. Expense: €1,759 Mil
  • GF Value™: €3.29 vs. price of €3.58 (8.8% above fair value)
  • GF Score™: 86/100 with 10 warning signs

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


China Resources Land Business Description

Address 26 Harbour Road, 46th Floor, China Resources Building, Wanchai, Hong Kong, HKG
China Resources Land, or CR Land, is a leading real estate developer with nationwide coverage in China. Aside from the core development business, CR Land differentiates itself from peers with a significant investment property portfolio with luxury-focused MixC malls, and it holds a 70% stake in the listed property management company China Resources Mixc Lifestyle Services. CR Land is a subsidiary of China Resources Holdings, or CR Holdings, a sizable state-owned conglomerate with a diverse presence in the utilities, consumer goods, medical, and property sectors. CR Holdings holds around 60% stake in CR Land.
86GF Score

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

€3.58
Price
€3.29
GF Value