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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. VNET Group's selling, general, & admin. expense for the
three
months ended in Jun. 2026 was €29 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jun. 2026 was €116 Mil.
VNET Group (HAM:217A) 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.
VNET Group Selling, General, & Admin. Expense Related Terms
VNET Group Selling, General, & Admin. Expense Historical Data
* Premium members only.
The historical data trend for VNET Group'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.
VNET Group Selling, General, & Admin. Expense Chart
HAM:217A vs INOD, SHAZ, DXC: Selling, General, & Admin. Expense Comparison
For the Information Technology Services subindustry, VNET Group'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.
VNET Group Selling, General, & Admin. Expense vs Software Industry
For the Software industry and Technology sector, VNET Group's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where VNET Group's Selling, General, & Admin. Expense falls into.
VNET Group 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €116 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 €116 Mil mean?
VNET Group (HAM:217A) has a Selling, General, & Admin. Expense of €116 Mil as of Jun. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on VNET Group and its competitors.
Is VNET Group's Selling, General, & Admin. Expense too high?
VNET Group's current Selling, General, & Admin. Expense is €116 Mil. Overall, VNET Group has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does VNET Group's Selling, General, & Admin. Expense compare to INOD and SHAZ?
VNET Group's Selling, General, & Admin. Expense of €116 Mil can be compared against companies in the Software 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 Software company?
A good Selling, General, & Admin. Expense depends on the Software 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 VNET Group and its competitors. VNET Group's current Selling, General, & Admin. Expense is €116 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VNET Group stock overvalued right now?
VNET Group (HAM:217A) has a current Selling, General, & Admin. Expense of €116 Mil. The stock's GF Value™ is €6.36, compared to a current price of €5.68 — trading 10.7% below its estimated fair value. The current Selling, General, & Admin. Expense is €116 Mil. VNET Group's overall GF Score™ is 64/100 with 8 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 VNET Group (HAM:217A), the current Selling, General, & Admin. Expense is €116 Mil as of Jun. 2026. 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 VNET Group (HAM:217A) Overvalued in 2026?
Based on GuruFocus' analysis, VNET Group stock appears to be undervalued.
The current stock price of €5.68 is trading 10.7% below its estimated GF Value™ of €6.36.
Key valuation signals for HAM:217A:
Selling, General, & Admin. Expense: €116 Mil
GF Value™: €6.36 vs. price of €5.68 (10.7% below fair value)
No single metric tells the full story. See the HAM:217A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VNET started as AsiaCloud in 1999 and moved into the data center business, opening its first self-developed data center in 2010. The firm listed (as 21Vianet) on the Nasdaq in April 2011, subsequently changing its name to VNET Group in 2021. It originally focused on providing data center services such as colocation and cloud services to retail clients in China, but added hyperscale customers in 2019 and now counts large Chinese hyperscalers such as Alibaba Cloud, Tencent Cloud, and Huawei Cloud as customers. At the end of December 2025, it had 49,863 retail cabinets, with the majority in Beijing, Shanghai, and the Greater Bay area. It also had 889 MW of wholesale capacity in service, with a further 452 MW under construction and a further 840 MW held for future development.
64GF Score
Get the complete analysis for HAM:217A
Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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