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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Tse Sui Luen Jewellery (International)'s selling, general, & admin. expense for the
six
months ended in Mar. 2026 was HK$169 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was HK$398 Mil.
Tse Sui Luen Jewellery (International) (HKSE:00417) 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.
Tse Sui Luen Jewellery (International) Selling, General, & Admin. Expense Related Terms
Tse Sui Luen Jewellery (International) 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.
Tse Sui Luen Jewellery (International) Selling, General, & Admin. Expense Chart
Tse Sui Luen Jewellery (International) Annual Data
HKSE:00417 vs TPR: Selling, General, & Admin. Expense Comparison
For the Luxury Goods subindustry, Tse Sui Luen Jewellery (International)'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.
Tse Sui Luen Jewellery (International) Selling, General, & Admin. Expense vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Tse Sui Luen Jewellery (International)'s Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where Tse Sui Luen Jewellery (International)'s Selling, General, & Admin. Expense falls into.
Tse Sui Luen Jewellery (International) 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 Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$398 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$398 Mil mean?
Tse Sui Luen Jewellery (International) (HKSE:00417) has a Selling, General, & Admin. Expense of HK$398 Mil as of Mar. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Tse Sui Luen Jewellery (International) and its competitors.
Is Tse Sui Luen Jewellery (International)'s Selling, General, & Admin. Expense too high?
Tse Sui Luen Jewellery (International)'s current Selling, General, & Admin. Expense is HK$398 Mil. Overall, Tse Sui Luen Jewellery (International) has a GF Score™ of 41/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tse Sui Luen Jewellery (International)'s Selling, General, & Admin. Expense compare to TPR?
Tse Sui Luen Jewellery (International)'s Selling, General, & Admin. Expense of HK$398 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 Tse Sui Luen Jewellery (International) and its competitors. Tse Sui Luen Jewellery (International)'s current Selling, General, & Admin. Expense is HK$398 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tse Sui Luen Jewellery (International) stock overvalued right now?
Based on GuruFocus' analysis, Tse Sui Luen Jewellery (International) (HKSE:00417) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.57, compared to a current price of HK$0.72 — trading 26.3% above its estimated fair value. The current Selling, General, & Admin. Expense is HK$398 Mil. Tse Sui Luen Jewellery (International)'s overall GF Score™ is 41/100 with 3 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 Tse Sui Luen Jewellery (International) (HKSE:00417), the current Selling, General, & Admin. Expense is HK$398 Mil as of Mar. 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 Tse Sui Luen Jewellery (International) (HKSE:00417) Overvalued in 2026?
Based on GuruFocus' analysis, Tse Sui Luen Jewellery (International) stock appears to be overvalued.
The current stock price of HK$0.72 is trading 26.3% above its estimated GF Value™ of HK$0.57.
GuruFocus considers Tse Sui Luen Jewellery (International) to be Modestly Overvalued.
Key valuation signals for HKSE:00417:
Selling, General, & Admin. Expense: HK$398 Mil
GF Value™: HK$0.57 vs. price of HK$0.72 (26.3% above fair value)
No single metric tells the full story. See the HKSE:00417 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tse Sui Luen Jewellery (International) Ltd is an investment holding company. It is engaged in the manufacture, sale, and marketing of jewelry products as well as the provision of service. The company's operating segment includes Retail Business, Wholesale Business, E-Business, and Other Businesses. It generates maximum revenue from the Retail Business segment which includes direct retail sales of jewellery products to end consumers through the physical outlets. The group derives revenue from the customers in Hong Kong and Macau, Mainland China and Other countries.
41GF Score
Get the complete analysis for HKSE:00417
Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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