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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Hong Kong Technology Venture Co's selling, general, & admin. expense for the
six
months ended in Dec. 2025 was €116.9 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was €0.0 Mil.
Hong Kong Technology Venture Co (FRA:XHN1) 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.
Hong Kong Technology Venture Co Selling, General, & Admin. Expense Related Terms
Hong Kong Technology Venture Co Selling, General, & Admin. Expense Historical Data
* 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.
Hong Kong Technology Venture Co Selling, General, & Admin. Expense Chart
FRA:XHN1 vs AMZN, BABA, PDD: Selling, General, & Admin. Expense Comparison
For the Internet Retail subindustry, Hong Kong Technology Venture 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.
Hong Kong Technology Venture Co Selling, General, & Admin. Expense vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Hong Kong Technology Venture Co's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where Hong Kong Technology Venture Co's Selling, General, & Admin. Expense falls into.
Hong Kong Technology Venture 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 €0.0 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 €0.0 Mil mean?
Hong Kong Technology Venture Co (FRA:XHN1) has a Selling, General, & Admin. Expense of €0.0 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 Hong Kong Technology Venture Co and its competitors.
Is Hong Kong Technology Venture Co's Selling, General, & Admin. Expense too high?
Hong Kong Technology Venture Co's current Selling, General, & Admin. Expense is €0.0 Mil. Overall, Hong Kong Technology Venture Co has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hong Kong Technology Venture Co's Selling, General, & Admin. Expense compare to AMZN and BABA?
Hong Kong Technology Venture Co's Selling, General, & Admin. Expense of €0.0 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Selling, General, & Admin. Expense depends on the Retail - Cyclical 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 Hong Kong Technology Venture Co and its competitors. Hong Kong Technology Venture Co's current Selling, General, & Admin. Expense is €0.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hong Kong Technology Venture Co stock overvalued right now?
Based on GuruFocus' analysis, Hong Kong Technology Venture Co (FRA:XHN1) is currently considered Possible Value Trap. The stock's GF Value™ is €0.21, compared to a current price of €0.11 — trading 48.1% below its estimated fair value. The current Selling, General, & Admin. Expense is €0.0 Mil. Hong Kong Technology Venture Co's overall GF Score™ is 42/100 with 1 warning sign 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 Hong Kong Technology Venture Co (FRA:XHN1), the current Selling, General, & Admin. Expense is €0.0 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 Hong Kong Technology Venture Co (FRA:XHN1) Overvalued in 2026?
Based on GuruFocus' analysis, Hong Kong Technology Venture Co stock appears to be undervalued.
The current stock price of €0.11 is trading 48.1% below its estimated GF Value™ of €0.21.
GuruFocus considers Hong Kong Technology Venture Co to be Possible Value Trap.
Key valuation signals for FRA:XHN1:
Selling, General, & Admin. Expense: €0.0 Mil
GF Value™: €0.21 vs. price of €0.11 (48.1% below fair value)
No single metric tells the full story. See the FRA:XHN1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hong Kong Technology Venture Co Ltd is included in the business of Ecommerce business which cover end-to end online shopping platform operation (including fulfillment and logistics), multimedia production and other related services; and New venture projects performing research and development activities on technologies, and operating business by adopting the technologies globally; and research, development and provision of technology solutions as a service including end-to-end digital retailing and retail store automation. The company has two reporting segments: Hong Kong Ecommerce business and New Ventures and Technology business, out of which the Hong Kong Ecommerce business derives the maximum revenue.
42GF Score
Get the complete analysis for FRA:XHN1
Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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