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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. South China Holdings Co's selling, general, & admin. expense for the
six
months ended in Dec. 2025 was HK$302 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was HK$497 Mil.
South China Holdings Co (HKSE:00413) 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.
South China Holdings Co Selling, General, & Admin. Expense Related Terms
South China Holdings Co Selling, General, & Admin. Expense Historical Data
* Premium members only.
The historical data trend for South China Holdings 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.
South China Holdings Co Selling, General, & Admin. Expense Chart
HKSE:00413 vs AS, HAS, LTH: Selling, General, & Admin. Expense Comparison
For the Leisure subindustry, South China Holdings 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.
South China Holdings Co Selling, General, & Admin. Expense vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, South China Holdings Co's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where South China Holdings Co's Selling, General, & Admin. Expense falls into.
South China Holdings 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 HK$497 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 HK$497 Mil mean?
South China Holdings Co (HKSE:00413) has a Selling, General, & Admin. Expense of HK$497 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 South China Holdings Co and its competitors.
Is South China Holdings Co's Selling, General, & Admin. Expense too high?
South China Holdings Co's current Selling, General, & Admin. Expense is HK$497 Mil.
How does South China Holdings Co's Selling, General, & Admin. Expense compare to AS and HAS?
South China Holdings Co's Selling, General, & Admin. Expense of HK$497 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Selling, General, & Admin. Expense depends on the Travel & Leisure 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 South China Holdings Co and its competitors. South China Holdings Co's current Selling, General, & Admin. Expense is HK$497 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is South China Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, South China Holdings Co (HKSE:00413) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.02, compared to a current price of HK$0.02 — trading 10% above its estimated fair value. The current Selling, General, & Admin. Expense is HK$497 Mil. 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 South China Holdings Co (HKSE:00413), the current Selling, General, & Admin. Expense is HK$497 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.
South China Holdings Co Ltd is a trading and manufacturing company. The company operates its business through four segments, namely Trading and Manufacturing, Property investment and development, Agriculture and forestry, and the Others segment. Its business activities include trading and manufacturing toys, footwear, and leather products, as well as cultivating fruit trees and rearing livestock and aquatic products. It is also engaged in developing properties and investment holding with management functions. The majority of the company's revenues are derived from the Trading and Manufacturing segment. Its geographical segments are the United States of America, Europe, the PRC, including Hong Kong, Japan, and Others. It derives maximum revenue from the USA.
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