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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Tiangong International Co's selling, general, & admin. expense for the
three
months ended in Dec. 2025 was €127 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was €274 Mil.
Tiangong International Co (HAM:34T1) 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.
Tiangong International Co Selling, General, & Admin. Expense Related Terms
Tiangong International Co Selling, General, & Admin. Expense Historical Data
* Premium members only.
The historical data trend for Tiangong International 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.
Tiangong International Co Selling, General, & Admin. Expense Chart
HAM:34T1 vs : Selling, General, & Admin. Expense Comparison
For the Steel subindustry, Tiangong International 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.
Tiangong International Co Selling, General, & Admin. Expense vs Steel Industry
For the Steel industry and Basic Materials sector, Tiangong International Co's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where Tiangong International Co's Selling, General, & Admin. Expense falls into.
Tiangong International 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 quarterly data reported by the company within the most recent 12 months, which was €274 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 €274 Mil mean?
Tiangong International Co (HAM:34T1) has a Selling, General, & Admin. Expense of €274 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 Tiangong International Co and its competitors.
Is Tiangong International Co's Selling, General, & Admin. Expense too high?
Tiangong International Co's current Selling, General, & Admin. Expense is €274 Mil. Overall, Tiangong International Co has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tiangong International Co's Selling, General, & Admin. Expense compare to ?
Tiangong International Co's Selling, General, & Admin. Expense of €274 Mil can be compared against companies in the Steel 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 Steel company?
A good Selling, General, & Admin. Expense depends on the Steel 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 Tiangong International Co and its competitors. Tiangong International Co's current Selling, General, & Admin. Expense is €274 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tiangong International Co stock overvalued right now?
Based on GuruFocus' analysis, Tiangong International Co (HAM:34T1) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.21, compared to a current price of €0.33 — trading 56.2% above its estimated fair value. The current Selling, General, & Admin. Expense is €274 Mil. Tiangong International Co's overall GF Score™ is 40/100 with 7 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 Tiangong International Co (HAM:34T1), the current Selling, General, & Admin. Expense is €274 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 Tiangong International Co (HAM:34T1) Overvalued in 2026?
Based on GuruFocus' analysis, Tiangong International Co stock appears to be overvalued.
The current stock price of €0.33 is trading 56.2% above its estimated GF Value™ of €0.21.
GuruFocus considers Tiangong International Co to be Significantly Overvalued.
Key valuation signals for HAM:34T1:
Selling, General, & Admin. Expense: €274 Mil
GF Value™: €0.21 vs. price of €0.33 (56.2% above fair value)
No single metric tells the full story. See the HAM:34T1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tiangong International Co Ltd is engaged in the manufacturing and sales of high alloy steel, cutting tools, titanium alloy, trading of goods, and others. The reportable segments of the company are, the DS segment, which derives majority revenue, manufactures and sells materials that are used in the die set manufacturing industry; the HSS segment manufactures and sells materials that are used in the tools manufacturing industry; the cutting tools segment manufactures and sells HSS and carbide cutting tools to the tooling industry; the Titanium alloy segment manufactures and sells titanium alloys to the titanium industry; and the Others segment assembles and sells power tool kits. The company operates in PRC, North America, Europe, Asia (other than the PRC), and other regions.
40GF 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.
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