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Maanshan Iron And Steel Co (FRA:YM9A) Selling, General, & Admin. Expense : €93 Mil (TTM As of Dec. 2023)


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What is Maanshan Iron And Steel Co Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Maanshan Iron And Steel Co's selling, general, & admin. expense for the three months ended in Dec. 2023 was €-27 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2023 was €93 Mil.


Maanshan Iron And Steel Co Selling, General, & Admin. Expense Historical Data

The historical data trend for Maanshan Iron And Steel 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.

* Premium members only.

Maanshan Iron And Steel Co Selling, General, & Admin. Expense Chart

Maanshan Iron And Steel Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 329.17 102.61 137.41 137.49 91.21

Maanshan Iron And Steel Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -36.87 33.09 21.01 65.83 -26.93

Competitive Comparison of Maanshan Iron And Steel Co's Selling, General, & Admin. Expense

For the Steel subindustry, Maanshan Iron And Steel 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.


Maanshan Iron And Steel Co's Selling, General, & Admin. Expense Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Maanshan Iron And Steel Co's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Maanshan Iron And Steel Co's Selling, General, & Admin. Expense falls into.



Maanshan Iron And Steel 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €93 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.


Maanshan Iron And Steel Co  (FRA:YM9A) 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.


Maanshan Iron And Steel Co Selling, General, & Admin. Expense Related Terms

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Maanshan Iron And Steel Co (FRA:YM9A) Business Description

Traded in Other Exchanges
Address
No. 8 Jiu Hua Xi Road, Anhui Province, Maanshan, CHN, 243003
Maanshan Iron And Steel Co Ltd produces and sells iron and steel products. It has two segments. Production and sale of iron and steel products and related by-products, and Financial service. The company's principal product is steel, which is categorized into steel plates, section steel, wire rods, and train wheels. Thin plate products are further categorized into hot and rolled plates, galvanized plates, and coil-coating plates. The products in the wire rod category comprise wire rod materials and hot-rolled reinforced steel used in armored concrete. The Train wheel category includes train wheels and wheel rims.

Maanshan Iron And Steel Co (FRA:YM9A) Headlines

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