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Persistence Resources Group (HKSE:02489) Selling, General, & Admin. Expense : HK$50.0 Mil (TTM As of Jun. 2024)


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What is Persistence Resources Group Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Persistence Resources Group's selling, general, & admin. expense for the six months ended in Jun. 2024 was HK$20.9 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jun. 2024 was HK$50.0 Mil.


Persistence Resources Group Selling, General, & Admin. Expense Historical Data

The historical data trend for Persistence Resources 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.

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Persistence Resources Group Selling, General, & Admin. Expense Chart

Persistence Resources Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Selling, General, & Admin. Expense
9.63 8.78 37.65 47.29

Persistence Resources Group Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Selling, General, & Admin. Expense Get a 7-Day Free Trial 7.57 30.44 18.22 29.08 20.93

Competitive Comparison of Persistence Resources Group's Selling, General, & Admin. Expense

For the Gold subindustry, Persistence Resources 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.


Persistence Resources Group's Selling, General, & Admin. Expense Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Persistence Resources Group's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Persistence Resources Group's Selling, General, & Admin. Expense falls into.



Persistence Resources 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$50.0 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.


Persistence Resources Group  (HKSE:02489) 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.


Persistence Resources Group Selling, General, & Admin. Expense Related Terms

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Persistence Resources Group Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
199 Des Voeux Road Centra, Level 20, Infinitus Plaza, Hong Kong, HKG
Persistence Resources Group Ltd is a gold exploration, mining and processing company. It operates the Songjiagou Open-Pit Mine and Songjiagou Underground Mine in Yantai city of Shandong Province of China. The group has one reportable operating segment which is mining and processing gold that is ultimately sold as gold bullion.
Executives
Majestic Gold Corp. 2101 Beneficial owner
Dong Fang Jin Ye Xiang Gang You Xian Gong Si

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